RLUSD price

XRP eyes a breakout as regulatory clarity and bullish momentum converge near its 2021 cycle high. Ripple’s stablecoin push and EU expansion pave the way for cross-border compliance and digital finance leadership. Lawsuit winds down, lifting years of regulatory drag and igniting fresh institutional interest. XRP’s price action is approaching a major breakout moment. After hovering below its 2021 cycle high for months, the token is showing fresh strength. XRP is now trading at $3.29, up by 11.6% in the past 24 hours. Source: CoinMarketCap Trading volumes have exceeded $13 billion, and technical momentum is building across major exchanges. This price movement reflects more than market speculation—XRP’s current rally is supported by a cluster of regulatory, institutional, and technological developments that could reposition Ripple’s token at the centre of digital asset adoption across the US and Europe. Stablecoin legislation, Ripple charter, and MiCA boost regulatory clarity The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act passed the House this week after clearing the Senate in June. Backed by President Donald Trump and House Majority Leader Steve Scalise, the bill arrives alongside the CLARITY and Anti-CBDC acts. Ripple, which launched its dollar-backed RLUSD stablecoin in December, filed for a US national bank charter and Federal Reserve master account on 2 July. These moves would allow it to custody RLUSD reserves directly with the Fed, increasing transparency and regulatory compliance. In parallel, Ripple is preparing to scale its European operations. The company confirmed it will seek an EU electronic money institution licence under the Markets in Crypto-Assets (MiCA) framework. Ripple’s stated aim is to become MiCA-compliant and expand its footprint in the European stablecoin market. Together, these developments offer a pathway to regulatory legitimacy across major jurisdictions, significantly strengthening XRP’s long-term position. Ripple lawsuit nearly resolved as penalty remains at $125 million A separate catalyst for XRP’s momentum is the near-resolution of Ripple’s long-running court case with the US Securities and Exchange Commission. On 26 June, Judge Analisa Torres rejected a joint motion by Ripple and the SEC that sought to reduce a civil penalty from $125 million to $50 million and eliminate the permanent injunction. She ruled that the parties failed to show “exceptional circumstances” needed to revise her judgment. However, the very next day, Ripple CEO Brad Garlinghouse announced on X that the company would drop its cross-appeal, expressing optimism that the SEC would do the same. While the penalty of $125 million remains in place, this development has been interpreted as the beginning of the end of the litigation. The regulatory overhang that has constrained XRP for years may now be lifting. ETFs and acquisitions signal renewed institutional push With legal uncertainties easing, fund managers are moving quickly. On 15 July, ProShares launched leveraged futures funds for Solana and XRP, while spot ETFs await SEC clearance. One week earlier, the SEC issued new disclosure guidance aimed at expediting crypto ETF approvals. Trump Media & Technology Group has gone a step further, filing for a “blue-chip” basket ETF that would include bitcoin, ether, solana, and XRP, indicating growing bipartisan pressure to accelerate ETF listings. At the same time, Ripple is actively expanding its infrastructure. It has acquired prime broker Hidden Road for $1.25 billion and is developing an on-ledger lending protocol set to launch in Q3. Chief technology officer David Schwartz told DL News in late June that multiple acquisitions are underway. These efforts are aimed at deepening XRP liquidity, bolstering its use cases, and increasing investor confidence. Price trajectory and technical signals According to crypto strategist Pentoshi, XRP has traded in a “very clean” structure over the past seven months, with limited overhead resistance. “It arguably has little resistance from here because it never spent time trading here on the verge of price discovery,” he wrote on X. Relative strength index (RSI) readings across major trading platforms have returned to “buy” territory, reinforcing bullish sentiment. At the time of writing, XRP is trading at $3.29. While it has not yet breached its all-time high of $3.84 set in January 2018, the convergence of regulatory clarity, ETF interest, and Ripple’s strategic positioning marks a pivotal phase. The coming weeks could determine whether XRP can reclaim its former peak and establish new price territory in this cycle. The post XRP price nears $3.84 all-time high as daily gains hit 11.6% appeared first on CoinJournal.

The post Tether in Trouble as GENIUS Act Targets USDT- Is a Market Collapse Ahead? appeared first on Coinpedia Fintech News While the crypto is waiting anxiously for the upcoming crypto bills to hit the space. One analyst is expecting blood on the Satoshi Street once the GENIUS Act becomes the law. In this context, crypto analyst Jacob King sounded the alarm over what he calls the “bloodiest event in Bitcoin’s modern history.”  His warning centers on the potential banning of Tether (USDT) following the expected passage of the GENIUS Act, which he claims could trigger a massive collapse across the crypto market.  Bitcoin is on the brink of its bloodiest event in modern history and no one is talking about it. Tether is about to be BANNED once the GENIUS Act passes the Senate. Why do you think they’ve been desperately printing USDT out of thin air, pumping prices to unsustainable all-time…— Jacob King (@JacobKinge) July 16, 2025 Tether in the Crosshairs? According to analysts, the GENIUS Act, which is gaining traction in Congress, could effectively lead to a ban on Tether, the largest stablecoin by market cap. Despite the ban fear, Tether has recently minted 160 billion USDT, marking a major milestone and reinforcing its dominance in the stablecoin market. He argues that this threat is why Tether has been “desperately printing USDT out of thin air” in recent weeks to artificially inflate crypto prices, including Bitcoin’s. Tether has long faced criticism for its lack of transparency and allegations of unbacked printing, though it has continued to deny wrongdoing. Institutional Outflows Signal Trouble King also points to a wave of record ETF outflows this week, stating that institutions are quietly exiting their Bitcoin positions. He sees this as a major red flag, suggesting that “whales are abandoning the sinking ship” while retail investors remain unaware of the looming risk. Tether Insiders Dumping Bitcoin? In a further claim, King says that Tether insiders are offloading record amounts of Bitcoin through OTC (over-the-counter) trades, distancing themselves from the fallout before it begins. If true, this could mean major players are shedding risk while keeping the market unaware of the scale of exits. A Structural Collapse? King’s core argument is that Tether is the foundation propping up Bitcoin. He estimates that 85–90% of BTC’s daily volume is dependent on USDT, which he calls “fake volume.” Without Tether, he warns, “people will realize how fake everything has been.” In his view, the crypto market is built on fragile ground, and the removal of Tether could expose the entire system to collapse. While King’s post paints a bleak scenario, it’s important to note that his views are controversial and not supported by hard evidence in this thread. Still, his warning is sparking serious debate about stablecoin regulation and the real liquidity behind crypto markets, issues that could come into sharper focus as U.S. lawmakers push forward with crypto legislation. How True is this?  While the warning highlights crypto’s volatility, it also opens the door for new players like Ripple’s RLUSD to gain ground. The GENIUS Act doesn’t ban Tether outright but gives it 18–36 months to comply. Contrary to panic, ETF data shows inflows, not outflows. Overall, the market remains shaky, but there’s no clear sign of an imminent “bloodbath.”

🚨BREAKING: The House will pass the Genius Act, Clarity Act, and Anti-CBDC Act within the next two days! $RLUSD 🤝 #XRP

BOOOOOOOOOOOOOOOOM!!! The US House passes a vote on the motion to advance the Genius and Clarity Acts! $RLUSD 🤝 #XRP Congratulations! 🥳

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