In a monumental twist for the crypto world, US President-elect Donald Trump has nominated Scott Bessent as the next US Treasury Secretaryâand Ripple CEO Brad Garlinghouse is pumped! đ
Why This Matters:
Pro-Innovation Vision: Bessent is widely regarded as one of the most crypto-friendly and innovation-forward Treasury Secretaries to date, setting the stage for crypto to thrive under his leadership. đ
Bullish for XRP & Crypto: With his nomination, Garlinghouse believes that this could mark the beginning of the end for the ongoing Ripple vs. SEC lawsuit. This could pave the way for clearer regulations and a massive boost for XRP. đ
XRP Soars: The excitement around this news has sent XRP to a new high of $1.62, with a 12% surge in just 24 hours and a 60% weekly rally. Experts are now eyeing an XRP price target of $2. đđ„
ADA Surges: Not to be outdone, Cardano (ADA) crossed $1 in a 22% surgeâcrypto markets are on fire right now! đ„đ„
Crypto Leaders React:
John Deaton and other pro-XRP voices have called for the right decisions on the SEC chairâand they believe that Bessentâs appointment could be a game-changer for the industry. âïž
Even Charles Hoskinson and Jeremy Hogan are echoing this optimism, predicting big changes for the crypto world under Bessent's watch. đ
Whatâs Next? The world is eagerly awaiting more details on Bessent's plans, and crypto adoption in the US could skyrocket as a result! đ Could this be the turning point for XRP, crypto regulations, and the US economy? đĄ
đŹ Your thoughts? Is Bessent the catalyst for XRPâs rise and cryptoâs future in the US? Letâs talk!
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