Gensler slaat laatste slag voor ontslag op 20 Jan.
Today is another important day for Ripple, as the U.S. Securities and Exchange Commission (SEC) has also given a deadline. The U.S. Securities and Exchange Commission will file opening briefs today on its appeal in the Ripple lawsuit.
If the SEC can meet the deadline, this could be Gary Gensler’s final step as SEC chairman. He will resign on January 20. Paul Atkins will take over as chairman next Monday. This is the day Trump came to power in the United States. But what does this mean for Ripple and XRP?
Ripple vs SEC News: Gensler makes final move before January 20th
Ripple is not too enthusiastic about Gary Gensler’s move and is particularly looking forward to working with the new administration. Ripple Chief Legal Officer Stuart Alderoty has asked the SEC to postpone its opening brief. So far, the SEC has refused to do so.
Despite this minor setback, Aldrotti said Ripple remains very confident in its appeal. Ripple CEO Brad Garlinghouse was also not surprised that the SEC denied the delay. According to him, this is usually what Gensler would do.
U.S. regulators appealed the ongoing Ripple vs. Bitcoin lawsuit in October 2024. SEC Litigation.
๐จ Ripple VS. Ripple SEC News:
The parties have filed an agreement stating that they will file a deferred cross-appeal addendum 21 days after service of the appellant’s brief. ๐
SEC opening briefs must be filed by tomorrow! โ๏ธ #ripplecoin
Credit: @FilanLaw pic.twitter.com/p4CuTtE9SP
โ๐๐ถ๐ฎ๐ต๐ฒ๐ฎ (@_Crypto_Barbie) January 14, 2025
Gensler will be replaced on January 20 by former SEC Commissioner Paul Atkins, who advocates a balanced approach. From that point on, Ripple and the SEC may be able to reach a conclusion more quickly, with the lawsuit potentially wrapping up in the first quarter.
Gensler is known for its aggressive actions against cryptocurrency companies and exchanges, certainly to protect investors. Atkins probably won’t go very far in this regard. This way he can protect investors while ensuring the advancement of the industry.
Ripple Price Prediction โ What Will XRP Do?
Regardless of what happens with the lawsuit, Gary Gensler’s firing is inevitable. This may also be reflected in the XRP price, which has climbed back above $2.80 today. The altcoin is testing $2.90 levels, hitting new highs from 2017, but still faces significant resistance.
If XRP breaks above $2.90 this week, it could rise further to an all-time high of $3.84. There is no significant resistance between $3 and $3.84, except for possible psychological resistance around $3.
Currently, XRP price is $2.82, up 9.4% in the past 24 hours and 21% in the past seven days.
XRP found additional support from the 30-day moving average (yellow) at $2.34, followed by resistance at $2.58 from earlier this week. Finally, possible support is also forming near $2.75, allowing a rise above $2.90 in the coming week.
The Relative Strength Index (RSI) is at 68, indicating bullish momentum, paving the way for an explosive rise following Gary Gensler’s firing. There is a chance that prices may occasionally rise to new all-time highs above $4 next week. From here, the increase will be 41%.
Cryptocurrency Hype Is Back โ Which Altcoins Can Benefit?
Altcoins like XRP and Cardano, along with a few others in the top 50 cryptocurrencies, are up quite a bit today. This is also what we saw in November, when cryptocurrency hype returned with a vengeance following Trumpโs election. If this hype picks up again, it will not only be good for Ripple, but also for smaller altcoins.
However, many altcoins are currently still undervalued compared to the heights they are likely to reach in a new crypto rally. In this article, we examine 3 new cryptocurrencies that are still selling at fixed low prices in pre-sales and have the potential to explode in Q1 2025.
Wall Street Invitation ($WEPE)
Discover the power of community Wall Street Invitation ($WEPE)small traders have a chance to beat big whales and market makers. $WEPEโs pre-sale generated huge enthusiasm, raising over $48.5 million. $WEPE is still available at a low price and offers additional benefits.
$WEPE holders have access to an exclusive community of traders. Everyone in this community will get access to elite trading signals that can help you make more money in bull markets. Of course, if $WEPE appreciates, you can also make a profit by flipping $WEPE.
Grind. Stacked. Focus on green. ๐ธโ๏ธ pic.twitter.com/W0MbgCIOAL
โ Wall Street Pepe (@WEPEToken) January 14, 2025
The final phase of the presale is coming soon, so you can still purchase $WEPE for $0.00036648 each. There are less than 2 days until the price increase. Early investors have the option to temporarily stake their tokens at 26% APR, which will allow you to claim additional tokens after the pre-sale.
Best Wallet Token ($BEST)
Best Wallet is a crypto wallet you probably donโt want to ignore during a bull market. In addition to crypto wallets, this ecosystem offers multiple ways to earn extra income. With the emerging Best Wallet Token ($BEST) You can take advantage of this ecosystem and enjoy exclusive offers.
For example, as a $BEST holder you can enjoy discounts on several services within the app. This gives you early access to new presales and projects, perks for partners, and bonuses for staking rewards. $BEST can be purchased during the pre-sale. However, it is also possible to win tokens through airdrop events.
Join the best wallet airdrop! ๐
With Best Wallet, earning rewards is easy. Complete daily tasks, explore new ones, and watch your $best The stack grows.
No waiting, no fuss โ just rewards! ๐ช
Join now ๐ฒ https://t.co/he5kzra7TY pic.twitter.com/bYclu9TpxR
โ Best Wallet (@BestWalletHQ) January 14, 2025
Early investors can purchase $BEST today for $0.0236 per ticket, but the price will increase within 24 hours. As an early investor, you will currently benefit from 261% annualized returns if you stake your tokens immediately.
Pepe’s Mind ($MIND)
New pre-sale starts this week Pepe’s Mind ($MIND) Approximately $1 million has been raised so far. New artificial intelligence projects are getting a lot of attention. This makes it a great opportunity to get in early and buy $MIND at a low price.
Mind of Pepe is an artificial intelligence agent that collects and aggregates social media information for $MIND holders. AI may eventually launch its own token, and you know that as a $MIND holder, you’ll be one of the first to hear about it. Mind of Pepe invites you on a bizarre artificial intelligence adventure with the possibility of making a fortune.
Today, the price of $MIND remains low at $0.0031134 per unit. By the end of the week, that number will increase. Today, investors benefit from attractive execution annualized returns of nearly 1800%. Join the community of early investors and maximize profits as $MIND explodes in value upon launch.
