247 Wallst
16 Aug 2026, 11:32 UTC · 1w ago
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What the story claims
4 claims · each scored for market impact
A procedural cloture vote on the CLARITY Act is scheduled for September 15, which determines if the bill proceeds to a full Senate vote. — The article identifies this as the most immediate catalyst for XRP, with potential price targets of $1.50 to $2.00 if successful.
+0.60XRP has fallen below the $1 support level twice in August, risking a slide toward $0.70 if it fails to recover above $0.95 in Q4. — Loss of psychological and technical support at $1 historically preceded multi-year periods of weakness.
-0.50XRP ETF weekly inflows dropped 93% in the week ending August 8 compared to previous levels. — Collapsing institutional inflows remove a key source of buying pressure and supply reduction.
-0.30Continue reading
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Ripple has expanded its payment network with Deutsche Bank, JPMorgan, and Mastercard, and obtained EU MiCA and EMI licenses. — While these provide infrastructure, they currently utilize payment rails rather than requiring XRP token purchases, limiting immediate price impact.
+0.20Which stocks this story touches
Mentioned as part of Ripple's expanding cross-border payment network.
Mentioned as part of Ripple's expanding cross-border payment network.
Mentioned as part of Ripple's expanding cross-border payment network.
Mentioned as a successful historical stock call by an analyst.
[mutual] Mastercard entered a deal with Ripple to expand its cross-border payment network.
[mutual] Deutsche Bank entered a deal with Ripple to expand its cross-border payment network.
[mutual] JPMorgan entered a deal with Ripple to expand its cross-border payment network.
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