Here is why XRP rose 26% in a week RippleXRP XRPCommunity XRPArmy XRPHolders
Several believe that the timing of the visit might not be a coincidence. Some XRP supporters even speculated that the CFTC might take over as the currency's regulator, which might mean that XRP would be classified as a commodity., a transfer of 30 million XRP was reported by WhaleAlert, while another 261 million XRP coins were moved by whales between wallets on various top exchanges in the previous day.In recent updates shared by James K.
According to CryptoLaw founder John Deaton, there remains a silver lining in the Ripple lawsuit:"With Gary Gensler turning out to be the Grim Reaper of Crypto, claiming all ETH transactions are subject to U.S. jurisdiction and the merge to PoS may have triggered the securities laws, Clayton may have unintentionally provided Ripple and XRP with the gift of clarity."
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