The post Bitcoin and XRP Price Prediction As White House Sets March 1st Deadline to Advance Clarity Act appeared on BitcoinEthereumNews.com. Bitcoin and XRP pricesThe post Bitcoin and XRP Price Prediction As White House Sets March 1st Deadline to Advance Clarity Act appeared on BitcoinEthereumNews.com. Bitcoin and XRP prices

Bitcoin and XRP Price Prediction As White House Sets March 1st Deadline to Advance Clarity Act

Bitcoin and XRP prices are showing a slight increase, with the broader crypto market up by 0.69% over the past 24 hours. Bitcoin price hovers at over $67,000 in its sideways motion. Ether is trading at over $1,950 on Friday. XRP is trading at the lower boundary of its trendline at $1.41. The crypto market is volatile, and the March 1st deadline on the Clarity Act is becoming a possible change agent in the market.

White House Sets March 1st Deadline to Advance Clarity Act

The White House has set a crucial March 1 deadline to resolve the ongoing discussions surrounding stablecoin yield provisions in the CLARITY Act. 

This bill seeks to introduce more definite regulatory rules regarding online assets in the United States. Nevertheless, the controversy on whether the issuers of stablecoins should be free to provide incentive or interest-like payments to holders is a major challenge.

The bill was passed by the U.S. House of Representatives in July 2025, although its final approval is delayed because of the disagreements around the stablecoin yield.

The representatives of the banking industry have suggested that such financial motivations should be prohibited, yet this has been heavily opposed by the crypto supporters.

Nevertheless, even though there is some progress, the negotiations of the White House Crypto Council have not ended yet.

The Chief Legal Officer of Coinbase, Paul Grewal, stated that the discussions are positive, and the parties are cooperating. However, the resolution of these talks remains unclear, and the March 1 deadline is imminent.

The crypto sector, with large coins such as Bitcoin (BTC) and XRP of Ripple are waiting to find out about regulation. The final result of the stablecoin income argument may have consequences on market expansion and regulation strategies.

Bitcoin and XRP Price Prediction: Key Levels To Watch

Recently, Bitcoin and XRP prices have been recording impressive gains. BTC price rose by 0.86% to $67,732.

If the future Bitcoin outlook remains above $67,700, it could target the $70,000 resistance. However, any break below this level might lead to a retest of the $65,000 low.

Source: Tradingview

Meanwhile, XRP has shown impressive performance, trading at $1.41 with a 6% surge this week, despite minor consolidation. 

The cryptocurrency is now testing critical support areas and can keep its bullish run provided that the lower trendline prevails. Breakout of this trendline may move the XRP to the $1.50, but a slip may take the price down to the support of $1.30.

XRP is also experiencing positive inflows, with daily net inflow of totaling $4.05 million. Conversely, Bitcoin ETFs posted a net outflow of 166 million on February 19, the third consecutive day of declines.

Grok (GROK) has improved by 0.5% to a value of $0.0004734. Analysts forecast that the price will likely range between $0.00047 to $0.00048 and have a potential high of around $0.0005 if bullsh countinues. The price of Grok may increase above $0.00050 in case of the bullish momentum.

In conclusion, the March 1 date of the Clarity Act may have significant implications on Bitcoin and XRP. Investors are hoping to receive clarity regarding the regulations of stablecoins.

Source: https://coingape.com/markets/bitcoin-and-xrp-price-prediction-as-white-house-sets-march-1st-deadline-to-advance-clarity-act/

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4039
$1.4039$1.4039
+0.46%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

US crypto bill and xrp price implications as Garlinghouse sees 90% chance of Clarity Act by April

US crypto bill and xrp price implications as Garlinghouse sees 90% chance of Clarity Act by April

As Washington debates the US Clarity Act, explore potential impacts on xrp price and how regulators may shape institutional crypto flows.
Share
The Cryptonomist2026/02/20 18:49
Will Pi Network Price See a Surge After the Mainnet Launch Anniversary?

Will Pi Network Price See a Surge After the Mainnet Launch Anniversary?

The post Will Pi Network Price See a Surge After the Mainnet Launch Anniversary? appeared on BitcoinEthereumNews.com. Pi Network price has surged significantly
Share
BitcoinEthereumNews2026/02/20 20:33
BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

The post BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche appeared on BitcoinEthereumNews.com. In brief Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, through a partnership with Woori Bank. Each token maintains full collateralization with Korean won held in Woori Bank escrow, according to BDACS. The launch comes amid competing parliamentary bills that debate interest payments and capital requirements for stablecoin issuers. Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, in partnership with Woori Bank. The announcement follows completion of a proof of concept validating technical infrastructure spanning fiat deposits, token issuance, and blockchain verification, as per a Thursday press release. Each KRW1 token maintains full collateralization through South Korean won held in escrow at Woori Bank, with real-time banking API integration providing transparent proof of reserves, according to BDACS’ statement. The company trademarked the KRW1 brand in December 2023, building infrastructure before the advent of formal regulations. KRW1 launched on the Avalanche blockchain, chosen for its “high-performance capabilities” and recognition by Korea’s Internet & Security Agency for “reliability in public-sector applications.” “The successful test pilot of KRW1 demonstrates the need for a highly-performant and reliable blockchain tailored for a regulatory-compliant stablecoin,” Justin Kim, Head of Asia at Ava Labs, said in the statement. BDACS envisions KRW1 serving remittances, payments, investments, and deposits, with public-sector deployment planned for low-cost payment and settlement systems in emergency relief disbursements. The company plans to expand KRW1 to additional blockchains and explore collaborations with global stablecoin networks, including potential partnerships with USD-backed issuers Circle and Tether, according to the press release. Stablecoins in Asia South Korean internet giant Kakao is also developing a won-pegged token through its Kaia blockchain, having registered trademarks including “KRWGlobal” and “KRWKaia” in August, Decrypt reported earlier. The launch comes as Korea’s neighbors advance their own stablecoin initiatives, with Japan’s JPYC…
Share
BitcoinEthereumNews2025/09/18 19:28