Adam Forsyth

White House Economists Oppose Ban on Stablecoin Yields

White House economists oppose prohibiting crypto platforms from offering yields on stablecoin deposits as Clarity Act debates heat up. White House economists, part of the Council of Economic Advisers, reported today that banning crypto firms from offering customers yield on stablecoins won’t have a meaningful effect on community banks. This marks the latest developments…

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Ripple (XRP) Price Predictions for This Week

XRP is determined to move above $1.4. If secured, $1.6 is next. Ripple (XRP) Price Predictions: Analysis Key support levels: $1.3, 1 Key resistance levels: $1.6, $1.4 XRP Eyes $1.4 This week, XRP is up 4% and appears ready to reclaim $1.4, which is currently acting as a key resistance level. If successfully reclaimed, then…

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FDIC proposes new stablecoin rules under GENIUS Act

The Federal Deposit Insurance Corporation has proposed new rules under the GENIUS Act to oversee stablecoins issued through the banking system. Summary FDIC has proposed new rules under the GENIUS Act to set reserve, risk management, and custody standards for bank-supervised stablecoin issuers. Reserve deposits backing stablecoins may receive FDIC insurance, but token holders themselves…

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Will XRP price fall below $1.30 support

XRP price has now rejected the descending trendline resistance at least three times since late March, and the most recent failure on April 6 to 7 arrived on rising volume, a signal analysts associate with bearish continuation rather than consolidation. Summary XRP price is at $1.3184 on April 7 after being rejected at the descending…

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