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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Post To Earn BonusRipple CEO Backs Treasury Secretary's Call To Pass Clarity Act Ripple CEO Brad Garlinghouse has thrown support be

Ripple CEO Backs Treasury Secretary's Call To Pass Clarity Act



Ripple CEO Brad Garlinghouse has thrown support behind U.S. Treasury Secretary Scott Bessent’s urgent plea for Congress to pass the Digital Asset Market Clarity Act.

Garlinghouse took to social media to emphasize a pragmatic approach to the much-talked-about crypto legislation with a straightforward message: "Progress > Perfection."

The push from both government and industry leaders comes as the highly anticipated market structure bill remains deadlocked in the Senate Banking Committee.

In an op-ed published by Bessent in The Wall Street Journal, the Treasury Secretary claimed that the Clarity Act was an absolute national security priority.

"Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance," Bessent wrote on X (formerly Twitter) while promoting the piece. "Senate time is precious, and now is the time to act," Bessent said.

Bessent has warned that the broader crypto market remains clouded by regulatory uncertainty and overlapping agency claims.

He argued that the Clarity Act is the "necessary next step" to fully realize the promise of digital assets.

He believes the U.S. can stop the exodus of developers to offshore hubs like Singapore and Abu Dhabi.

Progress over perfection

As reported by U.Today, Garlinghouse has noted that Ripple technically does not have a "big dog in this fight."

XRP has already been legally recognized as a non-security commodity. However, Garlinghouse stressed that "whether we like it or not, the fortunes of Ripple rise and fall a little bit on the fortunes of the crypto industry."

Garlinghouse has repeatedly warned the broader digital asset space not to let the pursuit of an ideal framework kill a good one. "I think that it is so clear that clarity is better than chaos," he previously stated.

The Ripple boss remai

Ripple CEO Backs Treasury Secretary's Call To Pass

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. April surge in crypto presales sees multiple projects 

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Win 600,000 HTX! Authoritative editorial content, reviewed by industry experts and senior editors. U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins on Thursday used social media t

Win 600,000 HTX! Authoritative editorial content, reviewed by industry experts and senior editors. U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins on Thursday used social media to urge Congress to approve the long-awaited CLARITY Act, which would establish a formal framework for the U.S. cryptocurrency market. Atkins posted on X (formerly Twitter), echoing recent comments from Treasury Secretary Scott Bessent, noting that the bill is crucial for replacing “enforcement regulation” with clear legal provisions, enabling federal agencies to provide consistent oversight of digital assets.  Atkins urged Congress to pass the CLARITY Act: “Project Crypto aims to ensure that once Congress takes action, @SECGov and @CFTC will be immediately prepared to implement the CLARITY Act,” Atkins wrote, adding, “Now is the time for Congress to ensure protections are protected from unscrupulous regulators and to submit comprehensive market structure legislation to President Trump for his signature.” Atkins made these comments the day after Bessant published a commentary in the Wall Street Journal warning that the U.S. risks losing its leadership in financial innovation if lawmakers fail to pass the bill. See also: Iran announces cryptocurrency tariffs: tankers must pay in Bitcoin to pass through the Strait of Hormuz. Bessant called for long-term legislation to boost entrepreneurs' and developers’ confidence in “returning” digital asset activity to the U.S. market, arguing that clear legal standards have historically made the U.S. a global financial center. In his speech, Atkins mentioned Project Crypto, a collaborative project between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) aimed at establishing a unified token classification methodology and streamlining on-chain trading, custody, and settlement processes to comply with federal law.  The project underwent a procedural adjustment in March, which clarified the 

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The standoff between Coinbase and the US Senate over cryptocurrency regulation intensified this month when the exchange formally informed Senate offices that it cannot support the latest draft of the 

The standoff between Coinbase and the US Senate over cryptocurrency regulation intensified this month when the exchange formally informed Senate offices that it cannot support the latest draft of the CLARITY Act, marking its second refusal to participate in legislation that could shape US digital asset law in a generation. Summary: Coinbase informed the Senate Banking Committee offices of serious concerns about the Tillis-Alsobrooks compromise, which prohibits passive income from stablecoin balances and restricts access to transaction size data used to calculate rewards. These changes affect the infrastructure Coinbase uses to generate stablecoin revenue, rather than simply limiting a single product feature. Coinbase reported $1.35 billion in stablecoin revenue in 2025, largely related to its USDC distribution agreement with Circle; Provisions excluding stablecoin yield could deprive the exchange of approximately $800 million in annual revenue, making the issue a key financial matter rather than a policy objection. CEO Brian Armstrong first withdrew his support in January, stating, "We'd rather have no bill than a bad bill." A second formal withdrawal of the bill, reported by Punchbowl News around March 25, followed a revised draft that further tightened rather than weakened the yield language. As TheStreet reported, Coinbase representatives told Senate offices that the exchange cannot yet support the latest version, citing serious concerns about the stablecoin yield language. Armstrong confirmed that negotiations are ongoing. The Tillis-Alsobrooks proposal goes beyond the existing yield restrictions of the base bill by also restricting exchange access to transaction size data, which is the computational layer that makes volume- or activity-based rewards in stablecoins technically possible. For Coinbase, 

The standoff between Coinbase and the US Senate ov

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On April 10, according to Coinglass data, if Bitcoin breaks through $75,000, the cumulative short liquidation intensity on mainstream CEX will reach $1.246 billion. Conversely, if Bitcoin falls below 

If Bitcoin Surpasses $75,000, Mainstream CEX Cumulative Short Liquidation Intensity Will Reach $1.24

Aave's trading activity has remained steady, with consistent volume indicating ongoing interest from investors. While there have been no major price spikes, the stable trading environment suggests tha

Aave's trading activity has remained steady, with consistent volume indicating ongoing interest from investors. While there have been no major price spikes, the stable trading environment suggests that the market is in a consolidation phase.

This phase often occurs before a breakout, as the asset builds momentum for its next move. Traders are closely monitoring key levels to identify potential opportunities.

Whale activity has also been observed in the AAVE market, with large holders accumulating during price dips. This behavior is typically seen as a sign of confidence in the asset's future.

In addition to trading activity, Aave's protocol continues to attract users due to its reliable performance and innovative features. The platform's ability to offer flexible lending and borrowing options sets it apart from traditional financial systems.

Overall, Aave's steady activity and strong user base highlight its importance in the DeFi space.

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Aave's trading activity has remained steady, with

Ethereum Technical Outlook: Bearish Structure with Range Consolidation ETH continues to trade within a broader downtrend, while recent price action shows consolidation above local support — indicating

Ethereum Technical Outlook: Bearish Structure with Range Consolidation

ETH continues to trade within a broader downtrend, while recent price action shows consolidation above local support — indicating short-term stability but no confirmed reversal yet.

Currently, ETH is trading around $2,230–$2,320, holding a range after a sharp sell-off, but still struggling below key resistance zones.




EMA Structure (Bearish but Short-Term Stabilizing)

20 EMA: $2,128
50 EMA: $2,155
100 EMA: $2,361
200 EMA: $2,680

Price holding above 20 & 50 EMA (short-term strength)

Still below 100 & 200 EMA → macro bearish pressure remains

EMA cluster below price acting as immediate support

Higher EMAs overhead → strong resistance zones





Fibonacci & Structure Levels

0.786 Fib: $4,269
0.618 Fib: $3,729
0.5 Fib: $3,350
0.382 Fib: $2,971
0.236 Fib: $2,502
Fib 0: $1,744

Price trading below 0.236 ($2,500) → confirms HTF weakness

Current range: $2,180–$2,320

Consolidation forming after breakdown





Market Structure Insight

Overall structure still lower highs & lower lows

Sharp drop followed by sideways accumulation

Range forming between $2,150–$2,320

Liquidity building on both sides of the range

No confirmed trend reversal yet





RSI Momentum

RSI: 51–60

Slightly above 50 → mild bullish momentum

Showing recovery after oversold conditions

No strong divergence, but momentum improving





📊 Key Levels

Resistance

$2,320–$2,360 (range high / 100 EMA zone)
$2,500 (0.236 Fib – major resistance)
$2,680 (200 EMA)

Support

$2,180–$2,150 (range support)
$2,050 (demand zone)
$1,744 (macro support / Fib 0)




📌 Summary

ETH is currently in a range consolidation phase after a strong downtrend, showing early signs of short-term strength but still lacking a confirmed reversal.

Holding above short-term EMAs → temporary support



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HTX Community Spring Creation ContestTap Now, Claim Airdrop Tomorrow!Post To Earn BonusUbuntu Group Expands Silver Reserve Backing Ubuntu Group reported an increase in its physical silver reserves to 

Ubuntu Group Expands Silver Reserve Backing

Ubuntu Group reported an increase in its physical silver reserves to support its tokenized asset model. The company, a digital commodities platform focused on asset-backed tokens, said the additional metal is fully allocated and stored in independent vaults. Each token remains linked to specific silver bars, ensuring direct ownership claims.

Ubuntu Group said holding additional inventory in advance reduces reliance on future sourcing. This approach allows the platform to issue tokens only against metal already secured.

The model used by Ubuntu Tribe, the company’s tokenization framework, is based on full allocation and independent custody. Tokens are issued only after metal is verified and stored.

Ubuntu Group Expands Silver Reserve Backing

On April 10, it was reported that the US Consumer Price Index (CPI) for March increased by 3.3% year-on-year, marking the highest level since May 2024. The forecast was 3.4%, while the previous value 

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