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Ripple CEO Brad Garlinghouse talks about what Donald Trump's re-election means for the crypto industry, the Securities and Exchange Commission (SEC) lawsuit end, and the potential launch of XRP ETF. Brad Garlinghouse weighs on the crypto checklist to Trump, with clear regulation for the crypto industry as the major agenda.
Can Trump Really Fire SEC Chair Gary Gensler? The short answer is yes and no. For the unversed, Trump promised to fire Gary Gensler on his first day in office if elected.
In recent days, Ripple's XRP has been making headlines. However, its progress is being hindered by an ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). CEO Brad Garlinghouse discussed Donald Trump's support for cryptocurrency, where Trump has positioned himself as a “crypto advocate” during his campaign.
XRP is gaining traction, with one well-known expert predicting an all-time high in the $4 region. XRP has joined the crypto market rally, recently reaching $0.5740, up 11% from yesterday's price of $0.514.
XRP, one of the top altcoins, is experiencing a significant rally, riding on the broader market momentum led by Bitcoin's unprecedented gains. With a recent climb to $0.5740 — its highest in five weeks — XRP has caught the attention of market analysts and traders alike.
XRP's indicators, MACD and CMF, reveal building momentum, hinting at an upcoming breakout.
Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple's newest blog post dated November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation.
Ben “BitBoy” Armstrong recently shared his perspective on how the XRP price might react if Donald Trump follows through on his campaign promise to fire SEC Chairman Gary Gensler. According to Armstrong, if Trump were to take action against Gensler, XRP could experience significant price movement, potentially making it one of the hardest pumping assets among the top 100 cryptocurrencies.
The promotion period for the offering will run from November 8 to November 21.
Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.
In the wake of Donald Trump's U.S. presidential victory, renewed optimism has swept through the cryptocurrency market.
XRP has seen a remarkable rebound in the cryptocurrency market, breaking above key moving averages and creating a strong foundation for potential gains. This impressive performance signals a shift in the market structure, with the cryptocurrency currently trading around $0.56.
In the middle of a broader market rally going on, XRP has gained notable traction in the financial markets. With Bitcoin soaring higher and higher breaking its records, it is all poised to reach its next milestone, which will also have a positive effect on the other cryptocurrencies.
Over the past 24 hours, XRP has broken a monthly high, positioned at its most fundamentally leveraged since 2020, potentially unburdened by a Trump presidency. The post XRP Price Hits Monthly High – Is the Path to $10 Finally Clear? appeared first on Cryptonews.
Ron Hammond, director of government relations at the Blockchain Association, recently shared his views on the future of the Securities and Exchange Commission (SEC) under Gary Gensler, particularly in light of the political pressure on Gensler's leadership and potential changes in the coming months.
On November 1, Ripple unlocked 1 billion XRP and prepared its potential largest dump in seven years, as Finbold reported. Five days later, again unlike what historically happened in previous months, Ripple has already moved all the 470 million XRP.
Ripple's price has been consolidating over the last few months, as Bitcoin has reached new all-time highs. XRP investors are hopeful that things might be about to change soon.
Ripple's XRP has been gaining attention as it experiences a 6% increase in a single day, hinting at the possibility of further price rallies. As the cryptocurrency market adjusts to the recent US presidential election outcome, some analysts believe that XRP could see significant gains in the near future, potentially reaching up to $0.65 if it successfully breaks through key resistance levels.
The broader crypto ecosystem has continued to rise, with the combined market capitalization soaring as high as 17% in 24 hours to $2.52 trillion. At the forefront of this renewed price vigor are Bitcoin (BTC) and altcoins like Ethereum (ETH), Solana (SOL) and XRP.
Ripple Labs may push for a Dirham-pegged stablecoin based on growing speculation in the industry.
XRP News: Ripple's native crypto has gained notable traction lately, amid a broader rally in the financial markets, let alone the digital assets space. Further fueling speculations, a top analyst highlights the co-related between the crypto and Bitcoin, suggesting a potential breakout ahead for both assets.
DOGE and XRP were added to Binance Smart Arbitrage during a strong crypto market.
The markets are paying close attention to recent comments from Fed Chairman Jerome Powell at a post-meeting press conference held Thursday.
Check out some of the bullish XRP price predictions made in the past few days.
