Are you keeping up with the latest news in the world of Wall Street and cryptocurrency? If not, you may have missed the recent comments made by Stark on X (formerly Twitter) about the SEC. It seems that the SEC’s war on crypto may be coming to an end, according to Stark’s interview.
But that’s not all – Ripple’s Chief Legal Officer, Stuart Alderoty, chimed in on Stark’s post, suggesting that the SEC’s anti-crypto stance may soon be a thing of the past. It seems that with a new SEC Chair on the horizon, there could be big changes coming to the agency.
Speaking of changes, the recent victory of Trump in the US presidential election could have a major impact on the SEC’s future and the price of XRP. Trump has promised to fire SEC Chair Gary Gensler on day one in office, which could shake things up in the world of crypto.
As we wait to see how things unfold, there is a sense of uncertainty surrounding the SEC’s appeal strategy. Will XRP face selling pressure if the SEC proceeds with its appeal? Or will it soar to $1.00 if the SEC withdraws its appeal, similar to the rally we saw in July 2023?
Stay tuned to Extreme Investor Network for more updates and analysis on the evolving world of trading, Wall Street, and cryptocurrency. Our team of experts will keep you informed and help you navigate the exciting and sometimes unpredictable world of investing. Don’t miss out on the latest trends and opportunities – join us today!