Ripple's Optimism: New Congress and XRP Surge

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Analysts Predict Bitcoin Surge Could Benefit Shiba Inu

chest

Wall Street analysts predict that Bitcoin could reach 100,000 by the end of the year, which may positively impact Shiba Inu's price.

user avatarZainab Kamara

Shiba Inu SHIB Faces Price Correction After Brief Recovery

chest

Shiba Inu's price briefly reclaimed the 0000006 level but has since dipped to 0000005, indicating potential for further decline.

user avatarSon Min-ho

OpenAI Launches New Agentic Browser Feature for ChatGPT Work

chest

OpenAI has launched a new agentic browser feature in ChatGPT Work, allowing the AI to manage tasks on login-protected sites while maintaining session persistence.

user avatarAyman Ben Youssef

Surge in AI-Generated Vulnerabilities Threatens Bitcoin Security

chest

The Bitcoin Red Team reports a surge in AI-assisted vulnerability findings across Bitcoin projects, highlighting the urgency of addressing security flaws.

user avatarTando Nkube

Core Lightning Developers Issue Urgent Warning on Vulnerabilities

chest

Core Lightning developers issue critical warning to node operators about vulnerabilities in AI-generated security reports, urging prompt updates or offline operation to secure payment channels.

user avatarKofi Adjeman

Experts Warn Against Short-Term Predictions for Bitcoin Prices

chest

Experts warn against over-reliance on single-day ETF flows for predicting Bitcoin prices, emphasizing long-term trends.

user avatarNguyen Van Long

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.