Analysis Crypto by Thebittimes.Com

Ripple has announced plans to “sunset” its quarterly reports and change the way it reports its XRP holdings after previous transparency efforts were used against it by the Securities and Exchange Commission (SEC). According to the company’s Q1 2025 XRP Market Report, it launched the quarterly reports to “provide transparency into Ripple’s XRP holdings” and to “offer insights that few others in the industry were willing to share.” However, the report claims that this reporting “has not had the intended effect” and that “Ripple’s transparency has been used against the company — most notably by former SEC leadership.” It has not yet been announced exactly what form the new-look reporting will take, but CEO Brad Garlinghouse took to X to reassure those with an interest in Ripple and XRP. “Our commitment to transparency doesn’t change with this evolution — we will continue to publish our XRP holdi...

Despite demonstrating a greater degree of resilience to the current cryptocurrency market downturn compared to its larger peers, the longstanding legal battle between the Securities and Exchange Commission (SEC) and Ripple has been an anchor preventing XRP price from rising above a crucial level of resistance at $2.80 in recent weeks. Numerous market commenters had expressed concern that a protracted legal battle could serve to ultimately diminish the asset’s appeal. However, the election of Donald Trump was largely seen as the catalyst that would resolve the issue in Ripple’s favor, as the SEC, after Gary Gensler’s departure, embarked on a spree of dropping cases. On March 19, Ripple Labs Chief Executive Officer Brad Garlinghouse announced that the regulatory body will be dropping its appeal against the original 2023 ruling in Ripple’s favor in a post on social media platform X. Picks for you ...

Gary Gensler, the US SEC chair, will resign from his current position, marking a transformative change within the cryptocurrency sector. Gensler is often touted as a skeptic regarding the crypto domain, and his exit was one of the crucial agendas that the Trump regime wanted to execute from the get-go. Now that Gensler is out of the picture, XRP, the token that fought a massive legal feud with the US SEC, is free to conduct market proceedings, helping it claim its rightful place. Here’s how XRP may dominate the market under the Trump regime, favoring such crypto developments. Also Read: Ripple: AI Predicts How High Can XRP Spike Post Gensler’s Resignation XRP Bound To Soar High As Gensler Exits The Domain Source – Trackinsight XRP is in a position to claim a new ATH now that Gary Gensler is all set to step down from his position as the US SEC chair. This marks a celebratory phase for the token, as Gensler had accused XRP of being a security, an accusation that compelled XRP ...