XRP Price Prediction: Ripple Soars 15% As SEC Chair Gary Gensler Hints On Resignation And Traders Also Rush To Buy This VTE Crypto For Its 1048% APY
The XRP price soared 15% in the last 24 hours to trade at $0.81 as of 01:27 a.m. EST on trading volume that surged 78% to $11 billion. This comes as the U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler, hinted at a potential departure from his role during remarks at PLI’s 56th Annual Institute on Securities Regulation. Gensler addressed different SEC topics, which included U.S. capital markets, corporate governance, and disclosure rules. At the end of his speech, he hinted at a potential resignation, saying, “It’s been a great honor to serve with them, doing the people’s work, and ensuring that our capital markets remain the best in the world.” On the topic of crypto, Gensler emphasized that Bitcoin is not a security. “Not every asset is a security,” he said. “Former Chairman Clayton and I have both said that Bitcoin is not a security, and the Commission has never treated Bitcoin as a security.” XRP Price Aims F...