Latest news with #CLARITYAct
Yahoo
2 days ago
- Business
- Yahoo
Ethereum Price Prediction - What could affect ETH''s future price?
Ethereum price prediction reflects a balance of bullish technical momentum, upcoming protocol upgrades, and regulatory tailwinds, though the asset must overcome key resistance levels and mounting competitive pressures to maintain its growth trajectory. - Pectra upgrade boosts scalability and staking efficiency - $2,700–$2,800 resistance pivotal for next bullish leg - CLARITY Act progress could reduce regulatory uncertainty - Institutional inflows via ETFs remain volatile The Pectra upgrade (activated May 2025) introduced critical improvements:- EIP-7251: Raised validator staking cap to 2,048 ETH, streamlining operations for institutions- EIP-7702: Enabled smart contract-like functionality for standard wallets, improving user experience- EIP-7691: Doubled blob capacity for L2s, reducing fees by ~40% post-upgrade These changes have already driven a 20% increase in Total Value Locked (TVL) to $61.8B and improved network efficiency metrics. ETH faces a decisive battle at $2,700–$2,800:- Bullish: Ascending triangle pattern suggests breakout to $3,200–$3,300 if resistance breaks- Bearish: Failure to hold $2,465 support could trigger correction to $2,100–$2,200- Indicators: RSI (65) shows room for upside, but MACD histogram remains negative (-18.71) The 200-day EMA at $2,694 and Fibonacci 0.618 level ($2,966) are key technical markers. CLARITY Act: Bipartisan bill clarifying SEC/CFTC roles may reduce regulatory friction for ETH-based products MiCA Compliance: Santander's Openbank launching EU crypto services could drive institutional adoption ETF Dynamics: Spot ETH ETFs saw $435M inflows in May but average holders remain 21% underwater, creating sell pressure risk Ethereum price prediction hinges on the asset's ability to turn key technical resistance into support, while leveraging protocol upgrades and improving regulatory clarity. The $2,700–$2,800 zone is pivotal this week—a confirmed breakout could support bullish targets, whereas a rejection may signal continued consolidation. Will Ethereum's developer momentum outpace Solana's user growth in the L1 race? Ethereum price prediction for mid-2025 leans cautiously bullish, supported by institutional adoption and strong technical resilience. However, recent market volatility and evolving regulatory shifts continue to moderate investor optimism. - Bullish catalysts: Arthur Hayes' $5K prediction, ETF inflows, and Santander's crypto expansion. - Bearish pressures: $750B liquidations, ETH ETF investors' -21% unrealized losses, and macro uncertainty. - Critical levels: $2,700 resistance seen as make-or-break for near-term momentum. Traders and institutions are split:- Optimists highlight Ethereum's 45% 30-day price surge (to $2,629) and nine straight days of ETF inflows ($435.6M since May 16). Arthur Hayes' $5,000 forecast and Banco Santander's stablecoin plans fuel confidence in ETH's utility.- Skeptics note $660M long liquidations (May 30) and ETH spot ETF holders' average cost basis at $3,300–$3,500, creating sell-pressure risks. Regulatory clarity: The bipartisan CLARITY Act could streamline SEC/CFTC roles, potentially boosting ETH's institutional appeal. Technical thresholds: Repeated $2,700 rejections (May 29–30) contrast with bullish chart patterns mirroring early 2024's breakout setup. Macro risks: U.S. GDP contraction and PCE inflation data (May 30) heightened volatility, with ETH dipping -4.55% in 24 hours. Arthur Hayes (ex-BitMEX CEO): Calls ETH 'the most despised L1,' predicting $4K–$5K in 2025 via contrarian positioning. Fidelity analysts: Flag ETH's MVRV Z-Score (-0.18) as undervalued, though warn of 2022-like extended declines. Glassnode: Spotlights ETH ETF investors' $2.94B inflows since July 2024 but warns of 'substantial underwater' positions. Ethereum price prediction hinges on whether institutional tailwinds can outweigh technical and macroeconomic headwinds. A sustained close above $2,700 would confirm bullish momentum. What's next: Can Ethereum decouple from Bitcoin's dominance (63.07%) if the CLARITY Act passes? To get the latest update on Eth, visit our Ethereum currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
XRP Price Prediction - What could affect XRP's future price?
XRP price prediction reflects mixed catalysts—bullish momentum from institutional adoption and regulatory clarity, countered by bearish technical signals and short-term profit-taking risks. - Institutional adoption via $300M reserves and ETF filings could drive demand. - Regulatory progress (SEC settlement, ETF approvals) may boost confidence. - Technical indicators signal near-term bearish momentum below $2.37 resistance. - Profit-taking risks loom with 90%+ of XRP supply in profit. Institutional reserves: Webus International's $300M XRP reserve plan and VivoPower's $121M treasury initiative aim to streamline cross-border payments, potentially increasing utility-driven demand. Escrow dynamics: 38B XRP remains locked in escrow (as of October 2024), limiting supply inflation but posing risks if released prematurely. Ripple's stablecoin (RLUSD): Launching in 2025 could complement XRP's role in payments but risks cannibalizing its use case. ETF momentum: Brazil's approved XRP ETF and 10+ U.S. filings (e.g., Franklin Templeton) could mirror Bitcoin's ETF-driven liquidity surge. Delays, however, may dampen sentiment. Regulatory clarity: The SEC's $50M settlement and the bipartisan CLARITY Act may reduce legal uncertainty, though lingering SEC scrutiny remains a headwind. Competition: SWIFT GPI, Stellar (XLM), and CBDCs challenge XRP's cross-border niche despite its 3-5 second settlement advantage. Key levels: Immediate resistance at $2.37 (20-day Bollinger midline); failure to hold $2.14 support could retest $2.00. Momentum: RSI at 40.72 (neutral) and MACD histogram in negative territory signal bearish pressure. A close above $2.59 Fibonacci extension could reignite bullish sentiment. XRP price prediction hinges on whether institutional adoption scales faster than profit-taking and regulatory delays. Watch for ETF approvals, RLUSD integration, and a breakout above $2.59. Will XRP's real-world utility outpace its speculative overhang in 2025? XRP price prediction reflects mixed sentiment, with cautious optimism from ETF momentum and technical setups, yet skepticism remains due to weak on-chain activity and lingering regulatory risks. - Bullish drivers: XRP Futures ETF launch, whale accumulation, and technical breakouts above $2.20 support. - Bearish concerns: On-chain activity (-37% Q1), fading retail interest, and unresolved SEC litigation risks. - Key debate: Whether ETF hype can offset weak utility metrics. The mood leans neutral-to-bullish (CMC Fear & Greed: 61 → 65 → 61 in May 2025) with spikes in optimism around institutional adoption. Positive catalysts include:- Nasdaq's XRP Futures ETF (launched May 23) drove a 24h sentiment surge.- Whale accumulation: Addresses holding 10K+ XRP hit 300K, a record high. Bearish undercurrents stem from on-chain stagnation:- Transactions, new wallets, and fees fell 30–40% Q1 2025.- Active addresses dropped 44% in late May, raising utility concerns. ETF speculation dominates:- Traders anticipate a U.S. spot XRP ETF (SEC decision expected June 2025), with open interest up 152% in May.- Canada's XRP ETF and CME futures launch ($1.5M debut volume) fuel institutional narrative. Technical tug-of-war:- Bulls target $2.50–$2.70 if $2.30 support holds (4h chart consolidation).- Bears warn of a drop to $2.12 if BTC dominance rises (altcoin season index at 19/100). XRP price prediction hinges on whether ETF-driven liquidity can offset weak network fundamentals. Traders are watching the $2.30–$2.50 range for directional get the latest update on XRP, visit our XRP currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
3 days ago
- Business
- Finextra
Arkansas Congressman French Hill reveals digital asset Clarity Act
House Committee on Financial Services Chairman French Hill (R-AR) today introduced the Digital Asset Market Clarity (CLARITY) Act, which would establish a regulatory framework for digital assets in the United States. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. House Committee on Agriculture Chairman G.T. Thompson (R-PA), House Majority Whip Tom Emmer (R-MN), House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chairman Bryan Steil (R-WI), House Committee on Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development Chairman Dusty Johnson (R-SD), Rep. Warren Davidson (R-OH), House Agriculture Committee Ranking Member Angie Craig (D-MN), Rep. Ritchie Torres (D-NY), and Rep. Don Davis (D-NC) are all original co-sponsors. Chairman Hill said, 'I am proud to introduce the bipartisan CLARITY Act with my colleagues. Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress. I look forward to delivering our bill to President Trump's desk and securing America's position as the global leader in digital assets.' Chairman Thompson added, "I'm proud to join Chairman Hill, and bipartisan leaders from both our committees in introducing Digital Asset Market Clarity (CLARITY) Act. Today's introduction of CLARITY is an exciting step towards delivering the certainty and clarity digital asset entrepreneurs and markets need. This landmark legislation will protect consumers, unleash entrepreneurship, and ensure the United States sets the global standard for the future of innovation." House Majority Whip Emmer stated, 'This is an important moment for the United States. This bill is a bold step to ensuring that the next iteration of the internet is developed by Americans and driven by our values. I am grateful to my colleagues for all of their work to craft this thoughtful, globally competitive framework, and look forward to working with them to ensure this commonsense legislation is signed into law.' Subcommittee Chairman Steil said, 'The golden age of digital assets is here. America won't just participate in the Web3 revolution; we will win it. The CLARITY Act ensures that financial innovation and development of digital assets occurs here in the United States. Our bill secures American dominance, democratizes digital assets, unleashes innovation, and protects consumers from fraud. Thank you, Chairman Hill and Chairman Thompson, for leading this effort.' Subcommittee Chairman Johnson added, 'America should be the global leader in the digital assets marketplace - but we can't do that without establishing a clear regulatory framework. This legislation gives our markets the clarity they need to thrive, protect consumers, and foster innovation. I'm grateful for the partnership of Chairmen Thompson, Hill, Steil, and Majority Whip Emmer thus far and I'm looking forward to working together to get this landmark legislation across the finish line.' Rep. Davidson said, 'The CLARITY Act creates a clear and effective regulatory framework for digital assets. It protects the right to self-custody and the freedom to transact. These principles are essential for innovation, economic growth, and individual liberty. Since 2018, I've worked to bring legal clarity to digital assets. The CLARITY Act delivers on that goal. I applaud Chairman Hill for his leadership in solidifying the United States' position as a global leader in digital assets." Ranking Member Craig said, 'Digital assets, including crypto currencies, are moving from a unique, novel financial product to becoming more and more integrated with our current financial architecture. I believe it is critical that Congress establish clear protections for consumers and retail investors as well as rules of the road for businesses dealing in digital assets. The bipartisan CLARITY Act will ensure oversight and regulation of digital assets in our financial system so that business owners, innovators and consumers can engage with in these markets knowing what is expected of them.' Rep. Torres said, 'For too long, regulatory uncertainty has held back the full potential of digital innovation in the United States. The CLARITY Act will deliver clear rules of the road that entrepreneurs, investors, and consumers deserve. By protecting consumers, promoting transparency, and closing regulatory gaps, this legislation will ensure that America remains the global leader in digital asset innovation.' Rep. Davis said, 'Families, entrepreneurs, and small businesses across our country, including rural areas in eastern North Carolina, seek ways to engage in the modern economy. Digital assets present a chance for a more inclusive financial future, but we need clear rules and fair oversight for innovation to thrive. Congress must ensure that America shapes digital finance, creates opportunities, protects consumers, and supports overlooked communities.' Further Background on the Committee's work on digital asset market structure legislation: On May 22, 2024, the Financial Innovation and Technology for the 21st Century (FIT21) Act passed the House of Representatives 279-136 with 71 Democrats supporting the bill in the 118th Congress. On April 4, 2025, Chairman Hill and Chairman Thompson published an op-ed in CoinDesk outlining their vision for digital asset market structure legislation for the 119th Congress. On April 9, 2025, the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held its first digital asset market structure hearing of this Congress. On May 5, 2025, Chairman Hill, Chairman Thompson, Subcommittee Chairman Steil, and Subcommittee Chairman Johnson released a digital asset market structure discussion draft to establish a regulatory framework for digital assets in the United States. On May 6, 2025, the House Financial Services and Agriculture Committees held a public joint roundtable discussion on key concepts and principles for digital asset market structure legislation.
Crypto Insight
3 days ago
- Business
- Crypto Insight
US lawmakers introduce bipartisan regulatory framework for digital assets
US Representative French Hill has announced the introduction of the much-awaited market structure bill for digital assets. The 'Digital Asset Market Clarity Act of 2025' or 'CLARITY Act of 2025' comes with support from lawmakers across both sides of the aisle, including three Democratic co-sponsors. The bill covers the roles of both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital assets oversight, seeking to resolve longstanding questions about which agency oversees which types of digital assets. 'I am proud to introduce the bipartisan CLARITY Act with my colleagues,' Hill said in a May 29 statement. 'Our bill brings long-overdue clarity to the digital asset ecosystem, prioritizes consumer protection and American innovation, and builds off our work in the 118th Congress.' Under the CLARITY Act, developers would be required to provide accurate and relevant disclosures detailing a project's operation, ownership, and structure. The bill also introduces new compliance requirements for customer-facing firms such as brokers and dealers, including clear disclosures to customers, segregation of customer assets from company funds, and mitigation of conflicts of interest through strict registration, transparency, and operational standards. In addition, the Act establishes 'comprehensive registration regimes' that would allow digital asset firms to legally serve customers in the US market. 'The CLARITY Act will deliver clear rules of the road that entrepreneurs, investors, and consumers deserve,' Representative Ritchie Torres said in a statement. The bill emerged from the House Committee on Financial Services. The committee had previously worked on the FIT21 Act, which passed out of the House of Representatives but stalled in the Senate. Hearings for a market structure bill started initially in April within the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Market structure, stablecoin bills points of emphasis for Congress Market structure and stablecoin bills have long been points of emphasis for Congress, which has sought to regulate the burgeoning crypto industry in the United States. Representative Ro Khanna said in March that Congress 'should be able to get' both a stablecoin bill and a market structure bill done this year. The stablecoin bill, known as the GENIUS Act, faces a full Senate vote after it passed a procedural vote earlier in May. The Trump administration has pushed for the passing of the GENIUS Act, with Treasury Secretary Scott Bessent and Crypto Czar David Sacks both advocating for it publicly. The bill initially lost key support in May from Democrats protesting against US President Donald Trump's crypto ties. Source:
