Barstool Sports founder Dave Portnoy publicly expressed regret over prematurely selling his XRP holdings at $2.40, as the cryptocurrency surged past $3.60 in a dramatic market rally.
The admission highlights market-timing challenges for investors as Ripple Labs pursues traditional finance integration through a national bank charter application, signaling the company’s commitment to regulatory compliance.
Simultaneously, the US House of Representatives advanced crypto market stability by passing three landmark bills: the CLARITY Act targeting money laundering clarity, the GENIUS Act focusing on decentralized technology development, and the Anti-CBDC Surveillance State Act restricting digital dollar surveillance capabilities.
This regulatory momentum coincides with broader crypto market gains, including Bitcoin exceeding $112,000 and substantial liquidations totaling $68.16 million against XRP short positions.
The confluence of institutional moves, legislative progress, and market activity reflects growing mainstream validation for digital asset ecosystems amid evolving oversight frameworks.