The recent findings indicate that Cardano could benefit from Trump’s new SEC appointment, as he is perceived to be supportive of ADA. Meanwhile, XRP has reclaimed its spot as the third-largest crypto after a four-year issue with the SEC. It is speculated that the SEC may potentially discontinue their lawsuit against Ripple-XRP, highlighting a possible shift towards friendlier regulation towards cryptocurrencies. eCash (XEC) has also come to attention with its price prediction 2024 analysis.
A shaking up of the market is on the horizon, with Bitcoin nearing $100,000 as SEC chair Gary Gensler announces his resignation. Trump is set to appoint Paul Atkins as the next SEC chair, causing the RSR token to rally to a multiyear high. Simultaneously, numerous conflicts have ensued between the US SEC and Coinbase over crypto rulemaking.
Rumors have also circulated about Coinbase dropping law firms who employ former anti-crypto SEC staff and an enforcement blow has been dealt with Touzi Capital being sued by the SEC for allegedly defrauding over 1,200 investors. XRP and Ripple have been fighting the SEC with impending key changes, while eCash (XEC) was also noted to be trending. The SEC's crypto strategy is expected to face great overhauls.
Lastly, increased scrutiny has been placed on Binance with the SEC's proposed amended complaint, Ether is set for a breakout and the SEC is considering approving Ethereum ETF options. New appeals and legal troubles with the SEC could see the XRP price skyrocket, marking a potential shift in the crypto landscape.
XEC Coin News Analytics from Thu, 16 May 2024 07:00:00 GMT to Wed, 04 Dec 2024 19:54:28 GMT - Rating 4 - Innovation 6 - Information 8 - Rumor 3