Today I had the opportunity to chat with two very important people. They explained to me why XRP needs the Clarity Act. I am sharing the information I gathered here for you...
Except for BTC, altcoin charts do not easily work out. Price cannot be determined based on the charts of an investment that is constantly subject to manipulation by market makers and whales.
The Clarity Act is one of the biggest legislative moves designed to end the lawless "manipulation prone Wild West" era in the cryptocurrency market. The power of market makers to determine and manipulate prices entirely at their own whim will take a very severe blow. The process is completely changing as a transparency similar to banking and financial infrastructures is introduced.
Wash trading (inflating volume by buying and selling to oneself, entering fake large orders to steer the price, and triggering bots) and pump and dump operations carried out by market makers on the order book will now fall under the scope of heavy financial crimes, just like in traditional commodity markets (such as gold and oil)
Projects with no utility that are kept alive solely by the artificial volume and algorithms of market makers (shady and certain meme coins) will be unable to bear the legal compliance costs and will be delisted from exchanges.
Assets with real world utility on the other hand, will cease to be a playground for speculators or market makers. They will transition to organic and mathematical pricing models based on the global liquidity volume they carry and the dynamics of supply and demand.
70,000+ law enforcement professionals are pushing back on the CLARITY Act.
Four major organizations sent a formal letter to the White House raising concerns over Section 604 warning it could create oversight gaps and exempt crypto firms from the same KYC/AML rules that apply to traditional finance.
This is now the key sticking point blocking the bill from reaching the Senate floor.
$XRP $BTC
The facts aren’t really wrong. The conclusion is.
RLUSD doesn’t make XRP irrelevant. It highlights why XRP remains Ripple’s only real differentiator. 1/5
It's in fact more evidence that Clarity Act might pass 04th July.
It is going to be so spectacular, cos everyone is expecting it to not pass, that Surprise = huge pump.
Id say the pump will be bigger than the Nov one that took XRP up to near it's ATH.
🚨NEW: In a letter to administration officials, a group of four law enforcement organizations say they remain concerned about certain provisions in the Clarity Act, including Section 604 (the Blockchain Regulatory Certainty Act), arguing it would create gaps in oversight and accountability that could hinder efforts to investigate and prosecute illicit activity.
They also contend the bill does not go far enough to establish safeguards commonly applied to traditional financial institutions and could exempt some crypto participants from certain KYC/AML reporting requirements.
It comes after weeks of meetings between these groups, the administration, Congress and the crypto industry aimed at resolving concerns with the bill’s language, particularly around the BRCA, which has emerged as a central sticking point in negotiations over bringing the Clarity Act to the Senate floor.
Notably, @GLFOP and @NAPOpolice, both of which have been deeply involved in those discussions, did not sign the letter.
June 22, 2026.
BTC and ETH ETFs shed a combined $134M in a single session.
XRP spot ETFs absorbed $5.31M in fresh institutional inflows zero outflows across all 5 funds.
Cumulative AUM: $993.29M The $1 billion mark is not a question of if. The data has already answered that.