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

Ripple's Optimism: New Congress and XRP Surge

user avatar

by Giorgi Kostiuk

a year ago

Ripple CEO Brad Garlinghouse expresses optimism about the new U.S. Congress, deemed the most pro-crypto in history. He believes this could lead to significant changes in blockchain industry regulations.

New Congress Agenda

The Republican dominance in the House and Senate paves the way for advancing a pro-crypto agenda. Garlinghouse notes this situation opens up new opportunities, especially after a challenging period when cryptocurrency projects faced significant obstacles under Gary Gensler's leadership in the SEC.

Ripple and SEC: Key Events Ahead

Ripple's legal battle with the SEC has been ongoing for four years and is approaching a critical juncture. The SEC's deadline for filing appeals is set for January 15. A potential withdrawal of the appeal could be a major boost for Ripple and XRP.

Garlinghouse and IOG's Charles Hoskinson met with Trump's team to discuss shaping the future regulatory framework for cryptocurrencies.

Market on the Rise: Progress and Challenges

On January 3, XRP closed at $2.4535, up 2.21% compared to the previous day. Analysts also predict the possibility of further growth, especially if the SEC appeal is not filed and regulatory clarity is achieved.

With the new pro-crypto Congress, market activity is increasing, and XRP is moving towards further success. Rapid implementation of new regulations could significantly alter the legal framework and strengthen Ripple's market position.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SEC Introduces New Rules for Bitcoin ETF Collateral Use

chest

The SEC has introduced new rules allowing Bitcoin ETF holdings to be used as collateral for margin trading, enhancing institutional integration of Bitcoin.

user avatarTomas Novak

Strategy Boosts Bitcoin Holdings with $1.5 Billion Acquisition

chest

Strategy has raised over $1.5 billion to acquire an additional 22,337 Bitcoin, increasing its total holdings to approximately 761,068 BTC, solidifying its position as the largest corporate holder of Bitcoin.

user avatarKaterina Papadopoulou

XRP Ledger Achieves Milestone with Over 77 Million Holders

chest

The XRP Ledger has reached over 77 million holders and is experiencing a surge in daily transactions, indicating significant adoption.

user avatarMaya Lundqvist

Senator Warren Raises Alarms Over xAI's Pentagon Access

chest

Senator Elizabeth Warren raises concerns over xAI's access to Pentagon's classified networks due to security risks associated with the Grok chatbot.

user avatarLeo van der Veen

Oil Prices Surge Amid Geopolitical Tensions from Iran Conflict

chest

Oil prices have surged due to supply concerns from the Iran conflict, with predictions indicating further increases.

user avatarLi Weicheng

Urea Supply Chains Disrupted by Strait of Hormuz Closure Amid Iran Conflict

chest

The ongoing conflict in Iran has led to the effective closure of the Strait of Hormuz, significantly disrupting the supply chains for nitrogen-based fertilizers, particularly urea.

user avatarAisha Farooq

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.