36Crypto

As of January 2025, the XRP community is experiencing notable changes in holder demographics and wallet rankings. In a recent post on X, crypto expert, Edo Farina, highlighted how holding more than 2,600 XRP now places investors in the top 10% of all XRP wallets.
This threshold has decreased from 3,300 XRP in June 2024, reflecting shifts in ownership patterns as XRP's price continues to rise. The reduction in the required amount to join the top 10% correlates with the XRP price surge from $0.50 to $2.40.
As prices increase, fewer XRP units are needed to achieve top wallet status. However, this trend also indicates that the number of dedicated holders is decreasing. Estimates suggest that by the time XRP reaches $100, only a few thousand committed holders will remain, many of whom practice self-custody.
The Significance of Rising Prices on Wallet Rankings
Farina also noted that the rapidly growing price puts pressure on new waves of investors who can no longer buy large amounts of XRP. To be among the top 1% of holders, it now requires 58,399 XRP, highlighting the importance of early investment and a long holding period as critical factors.
Despite being a sizable portion of the equity market, casual investors are notorious for panicking during an upturn, dumping their stakes in anticipation of a correction that may never happen, potentially locking themselves out of the market forever.
The Importance of Self-Custody
Self-custody is a significant strategy for committed traders; globally, the industry approximates that only 20 million out of the 500 million users exercise self-custody. Within the XRP community, approximately 500,000 holders manage their wallets.
Investors who store their XRPs on different exchange platforms are always at the mercy of events that may occur in the market or harm their assets. By maintaining control over their XRP through self-custody, investors ensure they are not at the mercy of third-party platforms.
This practice becomes increasingly important as the number of holders dwindles, and the value of XRP rises. Holding more than 2,600 XRP and managing it securely positions investors to benefit from long-term market trends.
Conclusion
Holding over 2,600 XRP places investors in an elite group and prepares them for future market developments. As XRP's price climbs, securing a top wallet position becomes more difficult.
Embracing self-custody and understanding the dynamics of XRP ownership are essential steps for those looking to maintain their standing in the evolving cryptocurrency landscape.
This post first appeared on 36crypto.com News.
#Xrp🔥🔥 #Ripple💰 #USJoblessClaimsDrop

The attention of the XRP community was drawn to a sudden transfer initiated by Ripple, moving coins worth over $1 billion within a very short time. Following the transfer, community members began speculating about the reason for the shift and its potential impact on the XRP market.
Meanwhile, XRP posted the most gains among the top ten cryptocurrencies after it surged by an impressive 12% in the last 24 hours. Ripple's transfer coincided with the price surge, further fueling conjecture about the coin's future trajectory.
Ripple Shifts 390 Million XRP to Unknown Wallet
Earlier today, Whale Alert, a large crypto transaction tracking platform, first reported the development on X (formerly Twitter). According to its report, the California-based blockchain company moved 390 million XRP in two separate transactions.
The first transfer carried 300 million XRP, currently valued at approximately $815.9 million, from Ripple's wallet to another wallet labeled as 'unknown' by the tracking service.
However, upon further check, it was revealed that the destination address is not new to the market, in fact, it has been active since 2013. Nevertheless, it is still unsure if the wallet is owned by Ripple.
In less than an hour, Ripple initiated another transfer, this time, shifting 90 million XRP coins to another anonymous wallet. The total value of the second transfer with XRP's current price is $243.8 million.
Similar to the first, the receiving wallet has been used to receive XRP for the last two years, however, it is still unknown if the so-called 'unknown' wallet is connected to Ripple.
When sudden large transfers like these happen, it creates a wave of panic among investors which could either lead to greed (excessive accumulation) or fear (massive sell-off). If the first scenario happens, it could trigger a surge in the price of the associated token.
However, the second scenario could increase selling pressure thereby forcing a decline in the price of the asset. The entire XRP community will continue to observe how the market will react in the coming days.
Whale Dumps 40.8 Million XRP
While the market is still processing Ripple's XRP transfer, another unknown whale dumped a massive amount of XRP. According to the same tracking platform, the entity disposed of exactly 40,832,614 XRP, valued at over $105 million.
Interestingly, the whale moved the coins to the Coincheck, one of Asia's largest cryptocurrency exchanges. In 2017, Coincheck processed the largest volume of Bitcoin trading in Japan. Transfers of this volume to centralized crypto exchanges often signify a sell-off because of the ease of converting cryptocurrencies to fiat or stablecoins on such platforms.
At the time of writing, XRP traded at $2.71, indicating an 11.86% increase in the last 24 hours. It is worth mentioning that XRP has now reclaimed its position as the third-largest cryptocurrency behind only Bitcoin (BTC), and Ethereum (ETH) with a live market cap of $157.4 billion.
This post first appeared on 36crypto.com News
#Xrp🔥🔥 #Ripple💰 #BNBRiseContinues

XRP has been on an impressive trajectory since the beginning of the year. After closing 2024 on a high note, the momentum continued this year as the Ripple-backed coin traded close to its all-time high of $3.4 on January 16.
However, the crypto market exhibited high volatility two days ago following the launch of DeepSeek, a Chinese AI model. Massive liquidation of over $850 million was recorded within a short time. Bitcoin, the flagship cryptocurrency, dropped below $100k, and XRP crashed, trading as low as $2.6. However, the market has since recovered as the dust settles.
Known for its advanced predictions and analysis, DeepSeek AI recently released its forecast for XRP, causing a stir across the crypto community as investors wonder about its accuracy.
DeepSeek AI XRP Price Prediction For 2025
The sophisticated AI tool uses a combination of advanced technology (including machine learning, and natural language processing), economic and historical data, and sentiment analysis, to predict the prices of cryptocurrencies.
For XRP, DeepSeek considered several factors like the legal battle between Ripple and the SEC, XRP's adoption rate, the growth of its On-Demand Liquidity (ODL) platform, and global market trends relating to the coin.
According to its prediction, by the end of 2025, XRP is expected to change hands between $3.5 and $5. Notably, this projection aligns with 36crypto XRP price prediction for the year. DeepSeek confirms these price levels if XRP witnesses certain favorable outcomes.
Major Catalysts For Price Outcome
Meanwhile, DeepSeek AI's prediction assumes that several key factors would align for XRP. Firstly, a decisive and favorable resolution in the Ripple-SEC lawsuit could be the main catalyst for a significant price upswing. Interestingly, DeepSeek predicts a 70% possibility of the case ending in Ripple's favor which could reignite interest in the coin.
Secondly, a notable growth in the adoption of XRP as a bridge currency for cross-border transactions would impact its value. Moreover, the AI model predicts a bullish market for 2025 fueled by global pro-crypto policies and a pro-crypto administration in the United States led by Donald Trump. XRP is well-positioned to benefit from these outcomes.
Ultimately, DeepSeek AI's prediction of XRP reaching $3.5 to $5 by the end of 2025 aligns with the global market sentiment and has stirred excitement in the crypto community. While the AI model anticipates bullish conditions driven by pro-crypto policies, investors should remain cautious and consider market volatility when evaluating these projections.
#DeepSeekPrediction #XRP #Ripple #Crypto #Bullrun2025 #ToTheMoon

XRP has seen a sharp decline, falling below the critical $3 level, marking a potential shift in market sentiment. The cryptocurrency currently trades at approximately $2.77, underscoring its challenges in regaining upward momentum.
This drop highlights a loss of key support, which acts as resistance, creating a complex scenario for traders and investors.
Adding to the uncertainty, Ali, a market analyst, has noted a crucial development in XRP’s technical analysis. In a tweet, he pointed out that the Bollinger Bands on XRP’s daily chart are tightening. This “squeezing” pattern often signals an imminent and significant price move.

Key Support Levels Under the Microscope
The first important monitoring level is $2.62, aligning with XRP’s 50-day moving average. This level previously acted as a support zone during corrections. A rebound here could signal renewed buyer interest, but failure to hold this level may lead to further declines.
The next significant threshold is $2.03, which aligns with the 100-day moving average. This zone is considered a more robust support level, likely to attract buyers looking for a stable foundation. XRP could consolidate in this range before making its next move.
The final key level is $1.50, representing the 200-day moving average and is psychologically significant. A drop to this point would mark a complete retracement of XRP’s recent rally, potentially offering long-term investors an attractive entry point.

Market Awaits a Decisive Move
With the Bollinger Bands tightening, a significant price move appears on the horizon. A breakout above $3, supported by higher trading volume and renewed buying pressure, could reignite XRP’s bullish momentum. However, if bearish sentiment prevails, XRP might test the lower support levels outlined.
XRP remains in a precarious position, with its recent crash below $3 drawing significant attention. Investors and analysts closely observe key levels and technical indicators, such as the Bollinger Bands, for clues about the cryptocurrency’s next move.
This post first appeared on 36crypto.com News.
#Xrp🔥🔥 #Ripple💰 #MarketPullback

The U.S. Securities and Exchange Commission (SEC) has announced the formation of a dedicated task force to develop a regulatory framework for cryptocurrency assets.
The move reflects the growing demand for clarity in the digital asset industry, which has experienced heightened uncertainty recently. The task force, revealed on Tuesday, is spearheaded by Republican Commissioner Hester Peirce, a prominent advocate for balanced crypto regulations.
This initiative comes under the leadership of acting Chair Mark Uyeda, who assumed the role on Monday following his appointment by former President Donald Trump.
The SEC emphasized that the task force's primary objective is to engage with industry participants to create a transparent and predictable regulatory environment. Creating the task force represents an important milestone in solving problems in the cryptocurrency sector.
Focus on Clearer Guidelines and Collaboration
The SEC outlined several priorities for the newly formed task force, including establishing clear regulatory boundaries, streamlined registration processes for cryptocurrency firms, and comprehensive disclosure guidelines. Through these measures, the SEC works to restore market trust while creating an environment that supports crypto innovation.
Commissioner Peirce, often referred to as "Crypto Mom," has long been recognized for her efforts to support innovation in the crypto space. Her leadership in this initiative has been welcomed by industry participants, who see it as an opportunity to create a more supportive regulatory framework.
The task force aims to connect their work with similar oversight groups at other federal agencies including the Commodity Futures Trading Commission.
The SEC assured stakeholders that while regulatory enforcement will remain a priority, it will be applied selectively to avoid stifling technological progress. The agency wants to ensure the crypto market can grow while shielding investors from harm.
Ripple's Positive Response to Regulatory Changes
Stuart Alderoty, Chief Legal Officer of Ripple, expressed optimism about the SEC's proactive approach. He criticized the previous administration's regulatory stance, describing it as confusing and detrimental to innovation.
Alderoty voiced his support for the task force's efforts to establish clearer rules, noting the importance of undoing past regulatory challenges.
The SEC's decision to form a dedicated task force has been viewed as a crucial step toward resolving uncertainties in the cryptocurrency industry. By addressing regulatory gaps and fostering collaboration, the agency aims to create a stable foundation for the future of digital assets.
Conclusion
The SEC's creation of a task force focused on cryptocurrency regulations signifies a pivotal moment for the digital asset industry. With Hester Peirce at the helm, the initiative aims to provide much-needed clarity while supporting innovation. Stakeholders hope this effort will pave the way for a more transparent and cohesive regulatory framework.
This post first appeared on 36crypto.com News.
#Ripple💰 #RippleSECSettlement #SEC #BTCNextATH?

Rumors about a possible settlement in the Ripple and SEC lawsuit have gained traction in the XRP community because of an SEC closed-door meeting scheduled to take place on January 23. Notably, this would be the first meeting under Acting Chairman Mark Uyeda’s leadership.
The meeting, set at 2:00 p.m. Eastern Time, will occur remotely or at the SEC headquarters in Washington, D.C.
The Sunshine Act notice outlines the agenda, which includes discussions on litigation claims, settlement of administrative actions, and enforcement matters. The meeting garnered significant attention shortly after Uyeda succeeded Gary Gensler on January 20.
Known for his pro-crypto stance, Uyeda’s leadership has fueled speculation about a potential resolution to the long-standing Ripple case, which has been a focal point in the regulatory landscape of digital assets.
Ripple’s Counter-Argument Submission Timeline
In the ongoing Ripple lawsuit, the SEC recently filed its opening brief with the Second Circuit Court of Appeals. This brief challenges the District Court’s ruling that Ripple’s programmatic sales and other XRP distributions were not securities.
Ripple must now submit its counter-argument in response to the SEC’s filing, a critical step in the appeals process that will determine how the case progresses. The XRP community has shown optimism about a possible settlement, particularly given the inclusion of litigation resolutions in the SEC’s agenda.
Ripple enthusiasts are hopeful that Acting Chairman Uyeda and Commissioner Hester Peirce will advocate for a resolution, potentially ending the case that has persisted since December 2020.
Conclusion
As the SEC gears up for its first closed-door meeting under Uyeda, the Ripple lawsuit remains in the spotlight. The XRP community eagerly anticipates Ripple’s counter-argument in the appeals process and hopes for progress toward a resolution during the meeting.
However, with no guarantees, the legal battle is expected to remain a key topic of discussion in the cryptocurrency world.
This post first appeared on 36crypto.com News.
#Ripple💰 #RippleSECSettlement #VeThorOnBinance

Ali (@ali_charts), a well-known crypto analyst who accurately forecasted XRP’s recent rally to $3, now projects a bullish target of $15. His prediction comes after observing a breakout from a symmetrical triangle pattern on XRP’s monthly Chart. This breakout, often indicative of a long-term bullish trend, suggests substantial upside potential for the cryptocurrency.
The symmetrical triangle, which developed over several years, signals market consolidation before a major price movement. XRP’s breach of this structure aligns with historical patterns, reinforcing the likelihood of a continued upward trend. With this breakout, XRP seems poised for new highs, attracting significant attention from the crypto community.
XRP’s Path to $15
XRP’s journey to $15 will depend on its ability to maintain current momentum and surpass key resistance levels. Analysts have identified intermediate milestones at $5 and $10, which are expected to act as psychological and technical barriers. Clearing these levels could pave the way for XRP to achieve the ambitious $15 target.

Technical indicators further support this projection, with the Bollinger Bands on XRP’s daily Chart expanding to indicate heightened volatility and potential for larger price swings. Meanwhile, the MACD shows a bullish crossover, with the MACD line moving above the signal line, reinforcing upward momentum.
The recent surge in trading volume also validates the breakout, suggesting strong market interest and participation.
At the time of writing, XRP is exchanging hands at $3.31, marking an increase of 7.04% within the last 24 hours. This increase highlights the strong bullish sentiment surrounding XRP as it gains further traction in the market.
Conclusion
The expert prediction of XRP’s rise to $15 highlights the cryptocurrency’s growing potential following its breakout from a symmetrical triangle pattern. While optimism remains high, the Path to $15 may face challenges, including market volatility and resistance level.
With strong momentum and supportive technical indicators, XRP’s upward trajectory has positioned it as a focal point in the cryptocurrency market, attracting attention from both institutional and retail investors.
#Xrp🔥🔥 #Ripple💰 #XRPPricePrediction #SOLVLaunchOnBinance

The Ripple vs. SEC lawsuit has reached a pivotal moment this week. The regulatory body is expected to submit its opening brief by January 15. However, the upcoming shift in the SEC leadership has raised questions about the possibility of a case withdrawal.
Several experts have predicted that the SEC could drop the case, but all is speculative as the commission still has two days before the deadline. Recall that the court ruled in 2023 that XRP’s programmatic sales did not violate federal security laws, however, the SEC is expected to challenge that decision in its anticipated appeal brief.
Deadline Approaching, Will the SEC Continue With Appeal?
The crypto community is rocked with uncertainties about the direction of the Ripple vs. SEC case. While some guess that the appeal will be withdrawn, others stress that the watchdog will not end the case, however, its decision to continue would not affect a potential case dismissal.
Precisely, 36crypto previously reported an insight from a pro-XRP lawyer, Jeremy Hogan, who emphasized that the SEC’s submission of its opening brief is merely procedural and an obligation under the current leadership. He added that the filing would hold no significant implication in the future as regards a dismissal or a settlement.
“Don’t be surprised when the SEC’s brief IS filed timely and don’t be dismayed. This is still Gensler’s SEC. The filing on January 15 has NO effect on whether the case will be settled (I think likely) or dismissed by the new administration,” he said.
The current SEC chairman, Gary Gensler, is expected to leave office on January 20, less than a week after the court deadline and on the same day as Donald Trump’s inauguration. His position would be occupied by a pro-crypto figure, Paul Atkins.
Moreover, many speculate that with him in charge, the SEC could withdraw all non-fraud-related cases and shift away from “aggressive enforcement” championed by Gensler.

SEC Held a Closed Door Meeting
Meanwhile, the Securities and Exchange Commission held a closed-door meeting on January 10, discussing agendas including litigation claims and pending enforcement proceedings. While it wasn’t disclosed, crypto community members have guessed that the Ripple case was also in discussion given the timing, and the appeal deadline around the corner.
At the moment, the outcome of the meeting is still unknown, but if the SEC decides to continue with the Ripple lawsuit, it could have a significant implication on how the crypto industry is regulated and also on the price trajectory of the underlying coin, XRP.
This post first appeared on 36crypto.com news.
#Xrp🔥🔥 #Ripple💰 #RippleVsSEC #AltcoinBoom

Charles Hoskinson, founder of Cardano, has publicly recognized XRP's leadership and community in an unexpected endorsement. In a recent post on X, formerly known as Twitter, Hoskinson highlighted XRP's genuine user base, defined leadership, and focused purpose.
This acknowledgment is noteworthy, given past tensions between Hoskinson and the XRP community.
Hoskinson Highlights XRP's Credibility and Purpose
Hoskinson emphasized that XRP boasts an active and credible community, which he views as essential for long-term success. He also pointed out that the project is well positioned within the context of digital assets because of the strong leadership of the XRP team.
Another area that received Hoskinson's appreciation was XRP's problem-oriented approach and its function as a currency that enables cross-border payments and other financial services.
Interestingly, Hoskinson took the time to draw a parallel between XRP leadership and other troublesome characters in the crypto world. He explained that the founders of XRP have not been involved in fraud or an arrest warrant, an "Interpol red notice warrant."
This post first appeared on 36crypto.com News.
#Xrp🔥🔥 #CardanoADA #USJobsSurge256K #Ripple💰

The long-standing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may move closer to resolution by spring 2025. Legal expert Jeremy Hogan predicts the case could be settled between April and May this year.
The case concerns whether Ripple’s XRP token qualifies as an unregistered security under U.S. law. The conflict has resulted in considerable legal actions, and both have seen a semblance of victory and losses.
The court decided that Ripple sold more than $700 million of XRP through institutional sales, violating the securities laws. Hence, Ripple was hit with a $125 million penalty, yet this penalty is temporarily suspended due to appeals from both parties.
Leadership Changes Could Influence SEC Strategy
The upcoming transition in SEC leadership is expected to play a pivotal role in the case’s direction. Paul Atkins, a former SEC commissioner with a history of advocating for balanced regulation, is set to replace Gensler on January 20, 2025.
Experts believe Atkins’ leadership could foster a more collaborative dispute resolution. Ripple CEO Brad Garlinghouse has expressed optimism about working with the new administration, hoping for clearer regulatory guidance and potential closure of the lawsuit.
Of particular interest, the appeals involve document submissions, setting up tactics, and negotiations, all of which Hogan opines make it reasonable to expect the goal to be reviewed and sorted in April or May at the latest.
"I'd say it's possible but maybe unlikely. 40 days is not a lot of time to get reports together, memos, have the requisite SEC meetings, etc.. I'm going with April/May as a likely timeframe," Hogan says.
This post first appeared on 36crypto.com News.
#Ripple💰 #RipplevsSEC #Xrp🔥🔥 #BinanceMegadropSolv

The cryptocurrency market continues to speculate about XRP’s future price trajectory. A new analysis by EGRAG CRYPTO, a prominent voice in the crypto community, projects XRP reaching $15 by May 5, 2025. This prediction leverages two well-known methodologies in technical analysis: Fibonacci time zones and Elliott Wave theory.
Fibonacci Time Zones Indicate Critical Timing
The main factor behind EGRAG CRYPTO’s forecast is the Fibonacci time zone analysis, which highlights May 5, 2025, as a potentially crucial date for value changes in the XRP token. The analysis shows that a line known as the Fibonacci 1.618 acts as a critical threshold previously cut across the market cycles.
The prediction emphasizes that the price movement may not occur precisely on this date. Instead, it could unfold in the surrounding timeframe, as market cycles rarely conform to exact dates. This approach explains the significance of Fibonacci levels in determining when significant changes in the XRP’s trend are most probable.
Elliott Wave Theory Reinforces Bullish Outlook
The Elliott Wave theory supports the $15 forecast, with XRP currently believed to be in Wave 4, a corrective phase. The next stage, Wave 5, is typically impulsive and often drives substantial price increases.
For more support of the prediction, EGRAG CRYPTO analyzed historical data, showing Wave 1 brought a 63.39% price hike, while Wave 3 saw a phenomenal 570% surge. The trends show that Wave 5 will contribute an increase of 391%, aligning with Elliott Wave principles that suggest that Wave 5 can retrace to 1.236%–1.618% of Wave 4 or match earlier wave proportions.
It also forecasts a price target of around $15, which is achieved by combining trend analysis using Fibonacci retracement levels and other market patterns.

Read the full post on 36crypto.com
This article first appeared on 36crypto.com News.
#Xrp🔥🔥 #SolvProtocolMegadrop #XRPUSDT🚨

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Ripple Labs has announced the launch of its much-anticipated stablecoin, RLUSD, for tomorrow, December 17, 2024. This comes following regulatory approval from the New York State Department of Financial Services (NYDFS) on December 10.
Following the launch, Ripple will now compete in the rapidly growing stablecoin market with a valuation of over $200 billion. According to a press release by the company, RLUSD will launch with "unmatched utility, experience, and compliance" in the global crypto market.
Moreover, Ripple noted that the coin would be initially accessible on several centralized exchanges like Uphold, CoinMena, Bitso, Moonpay, and Archax. Other exchanges include Bitstamp, Mercado Bitcoin, Bullish,  Zero Hash, and Independent Reserve.
This news first appeared on 36crypto.com News
#rlusd #Ripple #xrp

Blockchain company, Ripple, has finally received the go-ahead from the New York State Department of Financial Services (NYDFS) to launch its much-anticipated stablecoin, RLUSD. This comes after speculations about a potential launch on December 4.
In a recent tweet, CEO Brad Garlinghouse disclosed that listings on major crypto exchanges and partner platforms will be live soon. This means that RLUSD will be available to the global market soon. Recall that Ripple announced its venture into the stablecoin market in April this year.
In August, the company launched the coin for private testing on the XRP Ledger and Ethereum network. During that time, Ripple collaborated with selected firms to ensure that RLUSD worked properly and delivered the desired value.
Ripple had stated that upon public launch, RLUSD would be available across multiple networks for easy accessibility. Moreover, Garlinghouse urged the crypto community to be vigilant and only watch out for announcements from official Ripple channels to prevent cases of fraud.
This just in…we have final approval from NYDFS for RLUSD!  Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from Ripple first," he said.
#Ripple💰 #RippleStablecoin #RLUSDLaunch #XRPGoal

A known crypto trader on Binance Square, @Bit_Guru has warned investors against buying XRP before December 11, citing possibilities of an unfavorable regulatory climate ahead. XRP has been caught in the crossfire between Ripple and the Securities and Exchange Commission (SEC) legal battle for over four years.
The regulatory agency sued Ripple for violating federal securities laws by offering XRP to both retail and institutional investors.
Though a federal court determined the former were not securities, the same court ruled that the latter violated security laws.
The ruling underscores the vague and unclear regulatory conditions overseeing the crypto industry.
Amid this brawl, XRP suffered a notable price decline, crashing to less than $1 and staying that way for over three years.
However, the coin saw a meteoric rise after pro-crypto Donald Trump won the November 5 presidential elections.
The surge even heightened after Gary Gensler, the current SEC chairman, announced that he would step down from office on January 20, and be replaced by a crypto-friendly figure, Paul Atkins.
While it seems like XRP has finally reached the "light at the end of the tunnel,"
@Bit_Guru calls the attention of the community and potential investors to a crucial development on December 11.
Caroline Crenshaw Might be Re-nominated as SEC Commissioner
In a recent post on Binance Square, Bit Guru warned investors to put a pause on their XRP investments because an important decision is to be made regarding the renomination of Caroline Crenshaw as SEC commissioner by the U.S. Senate Banking Committee.
For context, Crenshaw has been an open critic of cryptocurrencies and was one of the commissioners who voted against approving a Bitcoin exchange-traded fund (ETF) in January. The prospect of her re-election has sent unrest across the crypto community, as members wonder what the future of crypto regulation would be with her as a decision-making member.
A Bloomberg ETF analyst, James Seyffart, even noted in a recent post on X that Crenshaw is more anti-crypto than Gensler.
"She wasn't just "an ally to Gensler" IMO -- she was more vehemently anti crypto than Gensler," he said.
Several key industry figures including Coinbase's president, Emilie Choi, have voiced concerns about her returning as an SEC commissioner. Choi highlighted how Crenshaw "embarrassingly opposed Bitcoin ETFs" and emphasized that the SEC needs to change.
Crenshaw's Renomination Could Mean Trouble for XRP
Meanwhile, Bit Guru stressed that Crenshaw's re-nomination could trouble Ripple's ongoing battle with the regulatory agency. He added that her influence could make XRP's fight for regulatory clarity more difficult.
"SEC Chair Paul Atkins cannot single-handedly approve or reject cases—every commissioner, including Ms. Caroline, has to sign off. Her vote could be the deciding factor!" he said.
Based on this, Bit Guru noted that he is putting a pause on buying XRP until December 11. Moreover, he stressed that it could mean a potential roadblock for XRP especially if Crenshaw aligns herself with anti-crypto policies. Ultimately, he noted that the December 11 decision could be a game-changer for XRP and that waiting for clarity before investing is advisable.
#Xrp🔥🔥 #XRPGoal #BinanceHODLerMOVE #AltSeasonBoom?

Even though several factors, including the recent announcement of a pro-crypto SEC chairman Paul Atkins, are somewhat in favor of the coin, it seems to have taken a different direction, plunging more than 10% in the last 24 hours to trade at $2.35 at the time of writing.
While investors are hopeful for a return to its rally-ways, several technical indicators have pointed to a likely situation of XRP experiencing a significant correction that could drop its price even further.
XRP's Technical Metrics Indicates Potential Crash
On the technical side of things, XRP's relative strength index (RSI) now reflects 91, signaling an overbought position. This point is extremely rare and indicates an overheated condition in the market. Notably, the RSI peaked at 95 during the rally to $2.9 which is a visible warning of an imminent correction.
Citing historical data, such heated RSI often comes before a period of significant retracement. Notably, between November and December 2020, XRP crashed nearly 80% to $0.17 after its RSI climbed to a similar point as now. Importantly, XRP has now established critical support between $1.8 and $2.

Despite these warnings, the XRP community is still confident in the future outlook of the project, and they believe it still has the strength to reignite the rally and forge on to its all-time high of $3.4.
Moreover, Ripple is getting ready to launch its highly anticipated RLUSD stablecoin which is expected to improve the use case of XRP and draw more demand to the project.
#xrp #BTC100K! #Ripple💰 #CryptoHistoricMoment

President-elect Donald Trump has appointed Paul Atkins, a pro-crypto advocate, to lead the Securities and Exchange Commission (SEC). Atkins, who previously served as an SEC commissioner under President George W. Bush, is well-respected in conservative financial circles.
He will replace Gary Gensler, the current SEC Chair, who is set to step down when Trump is inaugurated in January 2025.
Atkins' appointment comes at a critical juncture for the SEC, as the agency is currently embroiled in the high-profile Ripple lawsuit. The SEC claims that Ripple Labs violated securities laws by issuing XRP.
In July 2023, Judge Analisa Torres ruled that XRP is not a security when sold to retail investors but does qualify as a security in institutional sales. This ruling has created uncertainty regarding XRP’s regulatory status, with significant implications for the broader cryptocurrency market.
Will the Ripple vs. SEC Lawsuit be Dismissed?
The selection of a pro-crypto chairman Paul Atkins has raised questions about possible outcomes in the long-running lawsuit between Ripple and the SEC.
Several prominent figures in the crypto industry have speculated that there would be no need to continue the case if a more friendly chairman takes office.
While these are conjectures and expectations, it is yet to be confirmed what the next step for the SEC would be.
As Ripple’s case remains unresolved, all eyes will be on Atkins to see how he navigates the ongoing legal challenges and shapes the SEC's future stance on cryptocurrency regulation.

#XRPGoal #Ripple💰 #XRPDumping

We consulted ChatGPT to give us a prediction for the Ripple-backed coin and the result is not far from believable.
According to ChatGPT, predicting the price trajectory of XRP depends on several factors including regulatory developments, Ripple’s technology adoption, market sentiment, macroeconomic events, and Ripple’s launch of the RLUSD stablecoin.
ChatGPT noted that if the mentioned factors are favorable to XRP, then we could see an impressive price movement to heights not reached in years. However, if most factors do not align, we could see a further drop to previous lows.

Precisely, ChatGPT says that XRP can surge as high as 78%, to reach $2.5 which is less than $1 from its all-time high of $3.4. This prediction is in line with many predictions given by other analysts. While this price range sounds realistic, it is important to keep in mind the highly volatile nature of the crypto market.

#xrp #Xrp🔥🔥 #Ripple💰 #ThanksgivingBTCMoves #ChatGPTTrading

A recent rumor in the cryptocurrency community claimed that a U.S. court had approved a motion to expedite the final judgment in the ongoing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC).
The news sparked excitement among Ripple supporters, who hoped this could mean the case, which has been dragging on for years, might resolve sooner. However, legal expert Bill Morgan debunked the rumor, clarifying that the alleged court expedition motion is unrelated to the SEC's enforcement case.

The confusion stemmed from a recent court development involving Ripple, but as Bill Morgan pointed out, the approved motion pertains to a California private civil lawsuit, not the SEC's enforcement action against Ripple.
The court's decision was about class claims resolved in Ripple's favor, allowing the company to move toward a final judgment in that case.
#RippleVsSEC #Xrp🔥🔥 #Ripple💰 #XRPGoal