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Showing posts with the label regulatory clarity

SEC website posts document naming XRP as a strategic asset for U.S.

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On Thursday, March 13, the Securities and Exchange Commission (SEC) website published a document titled ‘Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.,’ immediately sparking interest and speculation. In five pages, the document presents a rough outline of how XRP might become a strategic tool in America’s financial arsenal while also proposing the role of several other cryptocurrencies. XRP as a strategic asset: The why In the first section, the document assumes that a government-level adoption of the token could release as much as 30% of the U.S.’ $5 trillion share of the global Nostro accounts – $1.5 trillion – and provide $7.5 billion in annual savings on transaction fees. Picks for you Tonkeeper Pro now supports USDT TRC20 tokens with no TRX required 24 mins ago ...

XRP is up 160% this year; Will it reach an all-time high in 2025?

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XRP has been one of the standout performers in the cryptocurrency market in 2024, soaring 160% year-to-date. Currently trading at $1.66, the token has gained 12% in the past 24 hours and 17% over the past week, sparking speculation about whether it can surpass its all-time high of $3.84 by 2025. XRP seven-day price chart. Source: Finbold Notably, in a TradingView Analysis on November 29, analyst RLinda suggested that XRP may be gearing up for a major breakout. Picks for you Ripple to unlock 1 billion XRP on December 1 – Should investors be worried? 58 mins ago Putin signs law recognizing Bitcoin and crypto as Property 2 hours ago R....