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Is the US Becoming the World Crypto Capital? And Massive XRP Withdrawal

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by Giorgi Kostiuk

a year ago

Ripple CEO Brad Garlinghouse made a statement about the possible US leadership in the crypto industry and a massive XRP withdrawal from Binance.

Brad Garlinghouse's Predictions

Brad Garlinghouse, CEO of Ripple, stated on Twitter that the US could become the ‘crypto capital of the world’ with the new political leadership. He also expressed opinions on the potential leadership change at the SEC.

Stunning XRP Withdrawal from Binance

Over the period of 24 hours, two large anonymous transactions withdrew over 216 million XRP from Binance, causing a stir in the market. XRP's price surged by 16.75%, reaching $0.83954.

Growing Interest in XRP

According to Santiment, whales and sharks have accumulated 3.44 billion XRP over the past two years, bringing their holdings to 45.61 billion XRP, the highest since June 2018.

News of market changes and the state of the SEC may significantly influence the US's positioning as a leader in the crypto industry, while XRP continues to attract major investors.

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