Ripple CEO Raises Clarity Act Passage Odds to 90% After White House Meeting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
Source: Benzinga
- White House Meeting Progress: Ripple CEO Brad Garlinghouse raised the odds of the Clarity Act passing to 90% following a White House meeting with crypto and banking leaders, indicating meaningful progress in discussions that could lead to passage by the end of April.
- Stablecoin Yield Dispute: Banks are advocating for a broad ban on stablecoin yields, arguing that crypto firms should not distribute interest to users, while crypto firms counter that such a ban stifles innovation and gives traditional banks an unfair advantage, highlighting ongoing negotiations.
- Compromise Proposal: The Digital Chamber proposed a compromise to exempt stablecoin yields when users engage in activities like liquidity provision and staking, but it remains unclear whether banking representatives will accept this proposal, with a deadline for compromise set by the White House at the end of February.
- Market Reaction Volatility: On Kalshi, the odds of the Clarity Act becoming law before June spiked from 39% to 85% on Thursday morning following statements from industry leaders, but quickly slid back to 46%, indicating that traders remain uncertain despite the optimistic rhetoric from the industry.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 164.840
Low
230.00
Averages
361.63
High
440.00
Current: 164.840
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investor Focus on Data: This week, investors will shift their attention to the personal consumption expenditures price index and the Fed's inflation gauge, which are expected to influence market sentiment, especially with Micron Technologies set to release quarterly results, reflecting ongoing demand for storage and memory.
See More
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- Investor Support: The company is backed by notable institutional investors, including Cathie Wood from ARK and Bill Miller III, reflecting market confidence in its goal to acquire 5% of Ethereum, thereby enhancing its market influence.
- Total Asset Value: Bitmine's total assets, including cryptocurrencies, cash, and marketable securities, amount to $10.7 billion, comprising 5.67 million ETH tokens and $601 million in cash, providing ample financial support for future expansion.
- Market Position: As a leading Ethereum staking platform, Bitmine's Series A preferred shares are traded on the NYSE, symbolizing its significant position in the cryptocurrency market and offering new investment opportunities for institutional investors.
See More
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- ETH Holdings: Bitmine currently holds 4.7% of the total ETH supply, equating to 4,718,677 ETH valued at approximately $8.2 billion, positioning it significantly within the cryptocurrency market.
- Investment Goal: In just 11 months, Bitmine has achieved 94% of its target to acquire 5% of the total ETH supply, a strategic objective that will further enhance its market influence.
- Total Asset Value: Bitmine's total assets, including cryptocurrencies, liquid funds, and tradable securities, amount to $10.7 billion, comprising 5.67 million ETH and $601 million in liquid assets, showcasing its robust financial foundation.
- Institutional Support: Bitmine has garnered backing from prominent institutional investors, including ARK's Cathie Wood and Pantera, which not only boosts market confidence but also provides a strong foundation for its long-term investment strategy.
See More
