• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple Expands US Hiring Amid Improved Crypto Regulations

user avatar

by Giorgi Kostiuk

4 months ago


Ripple is actively expanding its operations in the United States, reflecting increased confidence in US crypto regulations and boosting market activity and deal circulation.

Ripple Turns Focus to the US

The firm announced that 75% of all open positions are now based in the US. This marks a shift from its previous international hiring focus. Ripple is now prioritizing the US market due to predictable regulatory clarity.

SEC Appeal Remains a Key Factor

Just before 2024, the company signed more US deals in the last six weeks than in the previous six months. However, the SEC's appeal, centered around existing cases with Ripple, remains a major concern. If Paul Atkins becomes the SEC Chair, it may lead to the appeal's withdrawal, fostering the establishment of a US-based XRP ETF market, positively impacting the wider cryptocurrency industry.

Current XRP Price Situation

Currently, XRP is trading at about $2.39, showing a slight increase of 0.45% over the last day. The Relative Strength Index (RSI) is at 57.65, indicating neutrality and possible consolidation before another upward trend.

Ripple's expanded US presence and optimism around regulatory clarity create positive market prospects. The ongoing focus on the SEC appeal remains a key factor for the company's and market's future development.

0

Share

Other news

Senator Lummis Criticizes Withdrawal of Fed's Crypto Guidance

Senator Lummis expressed dissatisfaction with the Fed's withdrawal of crypto guidance, highlighting issues for banks in this area.

user avatarGiorgi Kostiuk

5 minutes ago

Why MAGACOINFINANCE is Gaining Interest in the Crypto Community

MAGACOINFINANCE draws interest from traders as Bitcoin and Ripple regain their positions.

user avatarGiorgi Kostiuk

8 minutes ago

Seraph in the Darkness Launches Season 3 with $SERAPH Token on Steam

Season 3 of Seraph in the Darkness introduces the $SERAPH token, enhancing the game's economy and player rewards.

user avatarGiorgi Kostiuk

8 minutes ago

U.S. Financial Stability Risks: Fed Report Highlights Trade Tensions and Policy Issues

The Fed's report outlines main risks to financial stability, including trade tensions and policy uncertainties in the U.S.

user avatarGiorgi Kostiuk

9 minutes ago

Haven1: From Success to Drop – Token $H1 Situation Analysis

The launch of Haven1 led to a token price drop. Analysis of causes and future predictions.

user avatarGiorgi Kostiuk

26 minutes ago

BTC Bull Token and Solaxy - A Press Release on Promising Projects

BTC Bull Token and Solaxy stand out in the presale market, showcasing significant potential through innovative ideas and investor support.

user avatarGiorgi Kostiuk

29 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.