Today marks a significant day for Ripple as the Securities and Exchange Commission (SEC) has a deadline to submit its Opening Brief in their appeal case against Ripple. The SEC is required to deliver this brief today.
If the SEC misses its deadline, it could potentially be Gary Gensler’s final move as SEC Chairman, as he is stepping down on January 20th and will be replaced by Paul Atkins next Monday. This change coincides with Trump taking office in the U.S. However, what does this mean for Ripple and XRP?
Ripple vs SEC nieuws: Gensler slaat laatste slag voor 20 januari
Ripple is not overly enthusiastic about Gary Gensler’s move and is mainly focusing on his collaboration with the new administration. Stuart Alderoty, Ripple’s Chief Legal Officer, has requested that the SEC release their Opening Brief, but so far, the SEC has refused to do so.
Despite this minor setback, Alderoty says that Ripple still has faith in its higher appeal. Brad Garlinghouse, CEO of Ripple, was also not surprised by the SEC’s refusal to grant a stay. He considers it typical behavior from Gensler.
The American regulatory body has appealed the ongoing Ripple vs. SEC lawsuit in October 2024.
RIPPLE VS. SEC NEWS:
The parties have submitted an agreement that they will lodge a coordinated appeal, to be filed approximately three weeks after the appellant’s brief has been served.
THE SEC‘S OPENING BRIEF MUST BE SUBMITTED BY TOMORROW! #XRP
Credit: @FilanLaw
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) January 14, 2025
Starting January 20th, Paul Atkins, a former SEC commissioner who advocates for a balanced approach, will replace Gensler. This change might expedite the Ripple and SEC lawsuit resolution process, potentially bringing the case to an end in the first quarter.
Gensler is known for his aggressive actions against crypto companies and exchanges, of course, to protect investors. Atkins, on the other hand, may not dive as deep but can ensure progress within the industry while also safeguarding investor protection.
Ripple koers verwachting – Wat gaat XRP doen?
The upcoming court case’s developments make Gary Gensler’s resignation inevitable, which may also be evident in the XRP rate, which has risen again to over $2.80 today. This altcoin is testing the level of $2.90 for a new high since 2017, but continues to encounter strong resistance.
If XRP manages to break above $2.90 this week, it could potentially rise further towards its all-time high of $3.84. Apart from a possible psychological resistance around $3, there are no clearly known resistance levels between $3 and $3.84.
Currently, XRP is trading at $2.82 after a striking surge of 9.4% over the past 24 hours and an impressive 21% increase over the last 7 days. As an investor, I find this growth quite exciting!
XRP receives additional backing from its 30-day moving average (yellow) at approximately $2.34, followed by potential resistance at $2.58 earlier this week. Furthermore, a possible support line might emerge around $2.75, which could potentially enable increases above $2.90 in the coming week.
The bullish momentum, indicated by the Relative Strength index (RSI) of 68, paves the way for a potentially explosive rise following Gary Gensler’s resignation. It is possible that the price might jump sporadically to a new all-time high next week above $4. From this point, such an increase would represent a growth of approximately 41%.
Crypto hype keert terug – welke altcoins kunnen profiteren?
Today, coins like XRP and Cardano, along with a few others from the top 50 cryptocurrencies, have noticeably increased in value. We saw a similar trend back in November when the crypto hype returned following Trump’s victory in the elections. If this hype continues to build, it could not only be beneficial for XRP but also for smaller altcoins.
Currently, many altcoins are undervalued compared to their potential height during the next crypto rally. In this article, we’ll explore three new cryptocurrencies that are still available for purchase at a fixed low price during their presale and have the potential to skyrocket in the first quarter of 2025.
Wall Street Pepe ($WEPE)
Discover the power of community with Wall Street Pepe ($WEPE), where small traders get the chance to outsmart the big whales and market makers. $WEPE, having generated much enthusiasm during its presale, has raised approximately $48.5 million. $WEPE is still available for purchase at a low price and offers additional benefits.
Holders of $WEPE will gain access to an exclusive community with traders. All members within this community are provided with elite trading signals, which can aid you in earning more money during the bull run. Of course, it is also possible to flip $WEPE for profit as its value increases.
Grinding. Stacking. Focused on the green.
— Wall Street Pepe (@WEPEToken) January 14, 2025
The final phase of the presale is approaching, allowing you to buy $WEPE for just $0.00036648 per piece. You have less than two days before the price increases. Early investors also have the opportunity to temporarily stake their tokens with an APY of 26%, allowing you to claim additional tokens after the presale.
Nu naar Wall Street Pepe
Best Wallet isn’t a crypto wallet you want to miss during the bull run. Besides being a crypto wallet, this ecosystem offers multiple ways to earn extra money. With the growing Best Wallet Token ($BEST), you can access everything within this ecosystem and enjoy exclusive benefits.
As a $BEST holder, you’ll enjoy discounts on various services within the app. This includes early access to new presales and projects, additional benefits with partners, and bonuses on staking rewards. $BEST can be purchased during the presale. However, you can also win tokens through the airdrop campaign.
Join the Best Wallet Airdrop!
Using the Best Wallet makes it simple to earn rewards. Finish daily assignments, embark on fresh adventures, and witness your $BEST balance increase.
No waiting, no fuss – just rewards!
Join now
— Best Wallet (@BestWalletHQ) January 14, 2025
Early investors can buy $BEST shares today for $0.0236 each, but the price is expected to rise within 24 hours. Right now, early investors are still earning a high annual percentage yield (APY) of approximately 261% if they stake their tokens immediately.
Nu naar de Best Wallet presale
This week, a fresh pre-sale for Mind of Pepe ($MIND) has gone live, yet it’s already amassed over $1 million. The new AI project is garnering unprecedented attention, making it an excellent opportunity to join early and purchase $MIND at a low price.
Pepe’s Mind is an AI agent that collects and summarizes information from social media platforms for MIND holders. It’s possible this AI might launch its own tokens someday, and as a $MIND holder, you’ll be among the first to find out about it. Pepe’s Mind invites you on an exciting AI adventure where there’s potential to earn a lot of money.
Today, $MIND is selling for a low price of $0.0031134 per unit, but it will increase by the end of the week. Investors can profit today from an attractive yield almost 1800%. Join the early investors’ group to maximize profits when $MIND explodes in value after launch.
Read More
- ZK PREDICTION. ZK cryptocurrency
- What’s on TV tonight, Dec. 15, 2024? (ABC, CBS, NBC, FOX, The CW)
- Here’s Why Adin Ross Deleted His 100K Member Community on X
- Who Is Karen Fairchild’s Husband? Jimi Westbrook’s Job & Relationship History
- Who Is Kelly Reilly’s Husband? Kyle Baugher’s Job & Relationship History
- W PREDICTION. W cryptocurrency
- Bitcoin Decline Continues: Are Bulls Losing Control?
- Boney Kapoor cites Jr NTR in War 2 as example when Siddharth asks if a ‘new face’ from South can find success in Bollywood today
- Bitcoin Price Falters: Another Downturn In Crypto Prices
- DGB PREDICTION. DGB cryptocurrency
2025-01-15 15:05