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Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.

XRP is above $1.4 for the first time since May 2021.

Gensler's departure may lead to a more favorable regulatory environment for crypto, potentially reducing litigation and boosting market confidence. The post XRP jumps 25% as SEC may not pursue appeal after Gensler's departure appeared first on Crypto Briefing.

XRP price shot up 25% in hours as the US SEC Chair Gary Gensler announced his resignation. Ripple's native token XRP hit a high of $1.43, the levels last seen during the 2021 bull run.

Ripple's XRP is enjoying a bullish phase, currently trading between $1.06 and $1.15, reflecting a rise of over 3% in the past 24 hours. Speculation around potential leadership changes at the U.S. Securities and Exchange Commission (SEC) is adding fuel to this momentum.

As Bitcoin (BTC) price rallied above $99k in the last 24 hours, the altcoin market, led by Ripple Labs-backed XRP, registered significant volatility. For the first time since early 2021, XRP price pumped above $1.4, following a 27 percent upsurge in the last 24 hours.

Gary Gensler is officially stepping down as SEC Chair, and this has sent shockwaves through the crypto world, especially for XRP holders. His resignation, effective January 20, 2025, comes after years of tension between the SEC and Ripple over the XRP lawsuit.

XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance.

ETF issuer WisdomTree's European division just announced a new ETP based on XRP. This product is currently available in four EU countries, which has led XRP's price to jump slightly.

Ripple's native currency XRP surged 25% as SEC Chair Gary Gensler announced his resignation, set for Jan. 20. The post XRP Soars 25% in Wake of Gary Gensler's SEC Resignation appeared first on Cryptonews.

The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.

An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.

The surge comes amid Gary Gensler's announcement of his departure from the SEC and the prolonged market rally.

XRP's price has skyrocketed over 24% in the last 24 hours, thanks to SEC Chair Gary Gensler's not-so-surprising resignation. Gensler announced he would step down on January 20, the same day Trump is set to take office, sparking excitement among XRP fans. After years of battling the SEC, this news has given Ripple a boost.

Crypto whale transferred nearly 111 million XRP tokens worth $123.59 million from Binance.

XRP and BTC shine as Gensler resigns; Ripple case appeal and ETF inflows drive market excitement.

XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest.

The crypto's ‘enemy number one' will leave the role as the US Securities and Exchange Commission Chairman when Donald Trump officially takes office on January 20.

XRP is gaining prominence in the cryptocurrency market, propelled by a substantial purchasing surge from major investors referred to as whales. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania Within a single week, these whales have amassed over $526 million in XRP, representing the most significant accumulation in nearly three years.

XRP has finally broken free, reclaiming the crucial $1 price level. The cryptocurrency even hit $1.10, ignite hope among investors that brighter days might lie ahead.

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, announced Thursday that he will bid goodbye to the agency and give up on his efforts to reign in the digital assets industry until his term ends in 2026.

Ripple's XRP is up by more than eight percent at the time of writing and is trading close to the $1.20 levels. Alongside this, Bitcoin's price action is surging, getting dangerously close to the $100,000 mark. This comes after the U.S.

XRP (CRYPTO: XRP) is up 8% over the past 24 hours, gaining momentum as news of SEC Chairman Gary Gensler stepping down sends bullish signals across the market. What Happened: Gensler announced his resignation effective January 20, 2025, which has been interpreted as a positive development for Ripple.

The cryptocurrency industry is already busy celebrating the upcoming departure of U.S. Securities and Exchange Commission Gary Gensler.