#新币挖矿&盘前交易USUAL

Why did XRP rise?

Today, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), talked about his tenure. It felt like a farewell speech, just talking about the good things he did. If a new president takes office, the heads of institutions like the SEC, if they are not from the same party as the new president, will have to resign. This is how Gensler took office, and the previous chairmen did the same.

It is estimated that Gensler will have to take this step and resign. This has emboldened investors in XRP coins, because Trump said, "I have to find someone who is friendly to cryptocurrencies to replace him." As soon as this was said, the price of XRP coins rose sharply, reaching a record high of $0.8 per coin! Now, the SEC has many applications for ETFs, including XRP coins. The possibility of these applications being approved is also increasing.

Another big thing is that 18 states have sued the chairman and commissioners of the SEC. They say that the SEC's attitude towards cryptocurrencies is too hostile, which is simply an unconstitutional abuse of power. Gensler may even be sued for this position.

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