Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP Up Nearly 25% After Gary Gensler's Retirement Date Announced

XRP Up Nearly 25% After Gary Gensler's Retirement Date Announced

HappyCoinNewsHappyCoinNews2024/11/23 04:22
By:HappyCoinNews

For the first time in three years token XRP company Ripple surpassed the $1,40 mark, rising 24,55% in one day. The asset's rapid growth began after the chairman of the US Securities and Exchange Commission (SEC) announced his imminent departure.

On November 22, Gary Gensler posted on his social media page announcing that he would be “stepping down” as head of the agency on January 20, 2025.

As expected, the news of the SEC chairman's departure has sparked speculation in the crypto community that the agency will change its approach to the crypto industry after the leadership change.

In addition, experts expect the Commission's trial against Ripple . Let us recall that the proceedings began back in 2020 after the regulator accused the issuer XRP in trading unregistered securities.

Consensys CEO Joe Lubin expects ongoing cases against crypto companies to be “dismissed or settled” following a change in SEC leadership.

Another reason for the rise in the rate XRP Experts call the potential launch of spot XRP - ETF . Applications for these funds from US companies Bitwise and Canary Capital are already awaiting SEC approval. In Europe XRP -WisdomTree ETP launched this week.

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40

Bitget Spot Bot adds PUMP/USDT

Bitget Announcement2025/07/15 08:00