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XRP Hits Multi-Year High Following Major SEC News, Tron Founder Justin Sun Says He Could Offer to Buy TikTok, 2,816,572,700,000 SHIB Stun Binance in 24 Hours
XRP surges to multi-year peak following major SEC news According to a recent report by Reuters, the SEC might be considering freezing non-fraud cryptocurrency cases that are currently in the courts, with some cases potentially being dropped. As stated in the report, the regulator will start overhauling its crypto policies following the departure of SEC Chair Gary Gensler that will take place next week. The agency's new Republican majority, led by commissioners Mark Uyeda and Hester Peirce, aims to establish clearer rules for defining whether specific tokens qualify as securities. Following the news, the price of XRP surged to a multi-year high of $2.97, with Bitcoin approaching the $100,000 level. The Ripple-affiliated token is now continuing its rally, trading at highs of $3.35, up 17.65% over the past 24 hours, per CoinMarketCap. Meanwhile, the SEC is set to file its opening brief in its appeal against Ripple, and it remains uncertain if the appeals process will be halted.
I could just offer to acquire TikTok": Tron founder Justin Sun Justin Sun, the founder of Tron and a prominent figure in the crypto world,Ā suggested on the X platform that he could rival Elon Musk by potentially acquiring TikTok. This comes following reports that Chinese authorities are considering selling TikTok's U.S.