Crypto News

XRP Demand Rises Ahead of SEC Appeal Deadline The demand for XRP, one of the top cryptocurrencies by market capitalization, has been on the rise as the deadline for the U.S. Securities and Exchange Commission's (SEC) appeal in the ongoing legal battle with Ripple nears. The SEC has until August 31 to file an appeal against the court's decision to allow Ripple to access internal SEC documents related to the classification of XRP as a security. This has led to increased speculation and interest in XRP among crypto traders and investors. Gensler's Exit Looms Over XRP Market Another factor that may be contributing to the rise in XRP demand is the looming exit of SEC Chairman Gary Gensler. Gensler, who has been a vocal advocate for strict regulation of cryptocurrencies, is set to step down from his position at the end of this year. This has raised hopes among XRP supporters that the SEC's stance towards XRP may change with a new chairman in place. ...