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news-imageNovember 8, 2024

Gary Gensler's Exit: Could He Be Fired Before His Term Ends? A Look at Ripple Case Timeline

The outcome of the 2024 U.S. presidential election will have major implications for the cryptocurrency industry, particularly in the ongoing legal battle between Ripple and the SEC. Now that Donald Trump has won, there's a growing expectation that the crypto landscape might see shifts, including the potential end of the SEC's aggressive stance on cryptocurrencies.
Publisher: CoinPedia
Sentiment: Neutral
XRP

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Positive
cover-imageThe Currency Analytics
November 8, 2024

XRP Price Predictions Soar Amid US Presidential Election Outcome

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.

Positive
cover-imageUToday
November 8, 2024

What XRP Open Interest Teases About Price Trend

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.

Negative
cover-imageUToday
November 8, 2024

XRP Network Plummets by 50%: What's Happening?

Recent data on XRP's network activity shows that whale transactions and overall movement have significantly decreased, with metrics indicating a drop in transaction volume of more than 50%. Particularly when examining the volume and quantity of payments made to and from accounts over the past month, which show a significant drop in major network transactions, this decrease is significant.

Negative
cover-imageCoingape
November 8, 2024

Will Powell's Speech Delay XRP Price Surge to $1.3?

XRP price breakout and rally to $1.3 could be delayed after Federal Reserve Chair Jerome Powell's controversial remarks during his speech on Thursday. While this is not a direct jab at Ripple, any perceived political interference could create market volatility, affecting investor sentiment and potentially impacting the crypto market, which XRP is a part of.

Positive
cover-imageCryptopolitan
November 8, 2024

Ripple's SEC nightmare may end sooner than expected

Donald Trump's victory in the US Presidential race has given the crypto industry major hope for a clear and discriminating regulatory approach. Crypto lawyer Fred Rispoli sees Trump's win as game-changing for Ripple's legal battle with the commission.

Positive
cover-imageCoingape
November 8, 2024

Is Ripple Planning To Launch Dirham-Backed Stablecoin In UAE?

Ripple has recently sparked discussions among market participants over a potential Dirham-backed stablecoin launch in the UAE. Notably, this comes amid soaring speculations over the RLUSD launch by the blockchain firm soon, especially after Donald Trump's victory in the US election in 2024.

Neutral
cover-imageCoinPedia
November 8, 2024

Ripple Vs SEC Fight Finally End in 2024? Attorney Jeremy Hogan Thinks So!

With Donald Trump's recent victory in the 2024 U.S. presidential election, crypto supporters are hopeful for a turnaround in Ripple's legal battle with the SEC. Legal experts like Attorney Jeremy Hogan recently shared his thoughts on what could happen next year with Ripple's legal fight against the SEC and similar cases involving companies like Coinbase.

Neutral
cover-imageCoingape
November 8, 2024

Ripple Moves 294K RLUSD Stablecoins, What's Happening?

Ripple's RLUSD stablecoin, pegged to the U.S. dollar, has been involved in a series of substantial on-chain transfers ahead of its anticipated launch. Blockchain data showed that Ripple's Treasury moved a total of 294,000 RLUSD tokens across multiple transactions.

Positive
cover-imageBitcoinist
November 7, 2024

Will Trump's SEC Close The Ripple Case? Coinbase CLO Speaks Out

In the wake of Donald Trump's victory in the US presidential election, crypto industry giants like Ripple and Coinbase are anticipating significant regulatory shifts. Trump has expressed a pro-crypto stance and has indicated his intention to replace Securities and Exchange Commission (SEC) Chair Gary Gensler “on day one” of his administration.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Ripple News: Top Reasons Why XRP Price Will Surge in the Coming Months

XRP, the native cryptocurrency of Ripple, has been gaining significant attention recently due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) and its potential for growth. Despite some challenges, XRP has proven to be a resilient asset, maintaining a loyal community of supporters.

Positive
cover-imageCrypto Economy
November 7, 2024

Trump's Return Sparks Altcoin ETF Hopes—Will Solana, XRP, and Litecoin Be Next?

TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.

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