Iran&#8217;s toll on the Strait of Hormuz could trigger global shipping route 
changes, impacting energy markets and prompting similar policies elsewhere.
The post Iran imposes $1M toll on Strait of Hormuz transits, impacting global 
oil flow appeared first on Crypto Briefing.

Iran imposes $1M toll on Strait of Hormuz transits, impacting global oil flow

Coinbase stock surged 8% after the Senate Banking Committee advanced the 
CLARITY Act in a 15 to 9 bipartisan vote. The Senate Banking Committee passed 
the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with…

Coinbase stock climbs as CLARITY Act advances

Bitcoin&#8217;s resilience amid inflation-driven market turmoil highlights its 
potential as a hedge, attracting institutional interest and ETF flows.
The post Bitcoin holds above $80,000 as stocks sink and Treasury yields climb 
on hot inflation data appeared first on Crypto Briefing.

Bitcoin holds above $80,000 as stocks sink and Treasury yields climb on hot inflation data

The unversity’s endowment disclosed holdings in the Bitwise Solana staking 
ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF.

Dartmouth endowment invests in Solana ETF, holds $14M in crypto exposure

This partnership could accelerate institutional adoption of blockchain, 
bridging traditional finance with crypto through regulated, tokenized assets.
The post Kraken and Franklin Templeton partner to bring tokenized investment 
products onchain appeared first on Crypto Briefing.

Kraken and Franklin Templeton partner to bring tokenized investment products onchain

CharuSan XRP, a market analyst, believes the XRP price could rise immediately 
to $300 once banks begin using it as a global settlement asset. The analyst 
framed this high price as a basic requirement for XRP to function as a global 
payment rail, not a speculative move. Furthermore, CharuSan noted that people 
who believe Ripple’s stablecoin RLUSD could serve as a settlement layer 
instead of XRP are completely missing the point, citing supply dynamics to 
support his claims. XRP Price Forecasted To Jump To $300 After CLARITY Act In 
an X post this week, CharuSan predicted that XRP could rise to $300 shortly 
after the Digital Asset CLARITY Act is passed. If this happens, he believes 
that banks will begin adopting XRP globally, increasing demand for the token 
and likely fueling a price surge as more capital flows through it. Related 
Reading: XRP’s 1,220% Spike, What’s Going On And Who’s Driving The Growth? 
CharuSan argued that anyone who believes that XRP will only reach $5 or $10 
does not understand how banking infrastructure works, comparing that mindset 
to viewing banks as separate grocery stores. He pointed out that Ripple, the 
largest holder of XRP, has already partnered with major infrastructure 
providers such as Volante, ACI, Worldwide, and FINASTRA. These institutions do 
not operate independently but serve thousands of institutions at the same 
time, acting as a single large network with a vast number of banks linked to 
it. Because of this, CharuSan said Ripple does not need to sign individual 
contracts with every bank. He noted that the moment the crypto company links 
to the central cloud, every bank tied to that system would instantly gain 
access to XRP’s liquidity. CharuSab also pushed back on the idea that it would 
take years for XRP to reach a significant market value, arguing that those who 
believe this fail to understand how fast the software world is. As a payment 
system, the analyst said that XRP, priced at just $10 to $20, would be like 
trying to move an ocean of water through a small straw. He said a much larger 
pipe is needed to handle that volume. He noted that as XRP’s price increases, 
so does its ability to handle large-scale global transfers at much greater 
speed. Analyst Argues XRP, Not RLUSD, Will Be Used By Banks Responding to 
crypto members who pushed back against his claims, CharuSan noted in a 
separate post that many XRP holders and critics “have no clue” what 
volatility, liquidity, slippage, bottlenecks, or On-Demand Liquidity (ODL) 
really mean. He argued that they are unaware of the roles of major banks and 
payment providers such as JPMorgan Chase, Mastercard, the DTCC, ACI, Volante, 
and others. Related Reading: XRP At $21.5 Isn’t A Bet: Why This Analyst Says A 
Measured Move Is Coming The analyst stated that many people keep claiming 
that, rather than XRP, Ripple’s stablecoin RLUSD will be used for global bank 
transfers. He fired back against these claims, highlighting that RLUSD cannot 
handle trillion-dollar DTCC transfers or 0.10% of the 13,000 global banks with 
a supply of just 1.5 billion. He said that XRP, which has a circulating supply 
of over 61.7 billion tokens, is more positioned for this role. In terms of 
market value, CharuSan said that a high XRP price is mathematically necessary 
to prevent volatility and bottlenecks in the global financial system. Featured 
image from Freepik, chart from Tradingview.com

Cryptocurrency price in GBP

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