💰 Ripple Pays, Congress Plays: A Historic Day for Crypto 🚀

📰 News

🚨 U.S. House Advances CLARITY, GENIUS Acts After Longest Vote in History

CLARITY Act And GENIUS Act Bills Finally Break Deadlock

Reporter Eleanor Terrett has now confirmed that the House has narrowly passed the procedural rule by a 217–212 margin. This critical step sets the stage for full votes on the CLARITY Act, the GENIUS Act, and other measures, including defense spending.

The drawn-out process saw intense negotiation behind the scenes. Several Republican holdouts, who had initially blocked Tuesday’s vote, flipped their stance after meeting with former President Trump.

According to Terrett, these lawmakers secured a commitment that “strong anti-Central Bank Digital Currency (CBDC) language” would be added to the CLARITY Act. This clears up concerns about potential federal overreach. While the GENIUS Act itself isn’t open for amendments, the agreement to add anti-CBDC provisions to the Clarity Act proved enough to bring hesitant lawmakers on board.

House Financial Services Committee Chairman French Hill praised the outcome in a released statement, congratulating Trump, Speaker Mike Johnson, and other Republican leaders.

“Congratulations to President Trump, Speaker Mike Johnson, Majority Leader Steve Scalise, and Majority Whip Tom Emmer for your engagement and hard work over the last few days to craft a strategy whereby President Trump’s digital asset agenda moves through the House and opens the door to a golden age of digital assets”.

The CLARITY Act, crafted by House Agriculture Committee Chairman G.T. Thompson and Subcommittee Chairs Dusty Johnson and Bryan Steil, aims to provide clear regulatory frameworks for digital asset markets. Meanwhile, Majority Whip Tom Emmer’s separate Anti-CBDC Surveillance Act would protect American consumers’ privacy and limit potential federal surveillance through central bank digital currencies.

Key Takeaways:

• House passes key crypto rule 217–212, clearing way for CLARITY and GENIUS Acts.

• GOP flipped votes after Trump pushed for stronger anti-CBDC language.

• Anti-CBDC clause to be added to CLARITY Act, easing privacy concerns.

• GENIUS Act advances unchanged.

• French Hill praises Trump and GOP leaders for backing digital asset agenda.

⚖️ XRP Lawsuit Update: Ripple Paid $125M in Cash, Settlement Hinges on Appeal

Ripple’s $125M Penalty Debate: Cash or XRP?

Setting aside the SEC’s possible appeal withdrawal, recent attention has turned to a new development in the Ripple vs SEC case—$125M penalty. Despite growing rumors that Ripple would pay its fine in XRP, Marc Fagel asserts that the payment has already been made in cash.

In an X post, Fagel posited that “as someone intimately familiar with SEC procedures,” he knows that Ripple’s $125 million payment was indeed made in cash. He wrote, “They already paid in cash. Sorry.” Fagel added,

“I’m stating facts. There’s a court order that they pay cash into escrow. But you can imagine anything you’d like”.

In addition, Fagel stated that neither Judge Torres nor the SEC is holding up the Ripple case, with the lawsuit progressing smoothly. According to him, the SEC’s dismissal process follows standard procedures, expected to take 1-2 months after a vote.

Key Takeaways:

• Ripple has already paid the $125 million SEC penalty in cash, not XRP, according to legal expert Marc Fagel.

• A court order required the penalty to be paid into an escrow account in cash.

• Rumors about XRP being used for the payment are unfounded.

• The Ripple vs SEC case is progressing normally with no delays from Judge Torres or the SEC.

• The SEC’s dismissal process is standard and may take 1–2 months post-vote.

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📊 Markets

💰 BONK Price Targets All time High As ‘Golden Pocket’ Zone Nears

BONK Price Analysis: Watch the Golden Pocket

BONK’s 4-hour chart reveals a textbook bullish breakout supported by volume. The price has pierced past the 3.618 Fibonacci level at $0.00003894 and now hovers just under the 4.236 extension at $0.00004190.

Traders are watching this zone closely as it marks a typical take-profit area, sometimes referred to as the “golden pocket” for late-stage rallies.

Momentum indicators are painting a strong bullish picture with the RSI sitting at 78.31, which places it firmly in overbought territory, making BONK one of the top meme coins to buy in July 2025. The MACD line is well above the signal line with widening histogram bars, suggesting bullish continuation. The Ultimate Oscillator also holds above 66, adding further confirmation to the uptrend.

Key Takeaways:

• BONK breaks above 3.618 Fib level at $0.00003894; nearing 4.236 Fib at $0.00004190.

• RSI at 78.31 signals overbought momentum.

• MACD and Ultimate Oscillator confirm strong bullish trend.

• A breakout above $0.00004190 could push toward ATH at $0.00005916.

• If rejected, pullback zones are $0.00003894 and $0.00003414.

🔮 Ethereum Price Prediction- Bulls Target $3,700 As ETH Treasury Accumulation Soars

Ethereum Price Eyes $3,700 as Bulls Target Key Resistance

ETH price has been gradually moving within an upwards sloping trendline, with bulls breaking multiple resistance levels as buying pressure increased. This movement has led to the emergence of a rising parallel channel where the upper trendline is now serving as a strong resistance.

Bullish traders who are buying the ongoing rally are now testing resistance at around $3,100, and if there is a strong move above it, Ethereum price might kickstart the next stage of its bull run.

The 161.8% Fibonacci level of $3,700 is serving as the main target for bulls if they can overcome the channel’s resistance, and buying pressure remains strong. If the AO bars continue trending above the positive region with green bars, it will show a strong bullish momentum that could aid this bullish Ethereum price prediction.

Key Takeaways:

• ETH is trending within an upward-sloping channel, with $3,100 acting as immediate resistance.

• A breakout above $3,100 could trigger the next leg of the bull run.

• Bulls are targeting the 161.8% Fibonacci level at $3,700—a potential 23% rally.

• Awesome Oscillator (AO) remains bullish with green bars above zero.

• On-balance volume (OBV) shows rising inflows, supporting sustained upward momentum.