Taisiia Prosvirova

Nov 27, 2024 | coinpaper.com | Taisiia Prosvirova

After Gary Gensler announced that he will resign on January 20, when President-elect Donald Trump takes office, heated speculation about who will become the next SEC Chair is nearing its conclusion. Several reports declare Paul Atkins, a veteran financial regulator, as the current favorite for the role. After his tenure as an SEC commissioner during the George W. Bush administration, Atkins founded Patomak Global Partners, a consulting firm for major financial industry clients.

Nov 23, 2024 | coinpaper.com | Taisiia Prosvirova

When the news first broke about SEC Chair Gary Gensler’s upcoming resignation, the crypto market immediately turned abuzz with speculation about the future of crypto regulation in the United States. Although Trump’s pick for the new SEC Chair hasn’t been announced yet, most agree that the gloomy days of regulatory crackdown on crypto are over.

Nov 22, 2024 | coinpaper.com | Taisiia Prosvirova

Ripple’s XRP token enjoyed a 25% boost, buoyed by market optimism after the announcement of SEC Chair Gensler’s upcoming resignation. Today’s surge adds nicely to the previous gains of the altcoin, corresponding to the 180% monthly returns. The altcoin, however, remains around 50% below its all-time high of $3.30. Today’s surge is a continuation of a broader bullish momentum that has been building up since the US elections that saw Donald Trump return to the White House for the second term.

Nov 21, 2024 | coinpaper.com | Taisiia Prosvirova

Gary Gensler, whose hard line on crypto has been a stuff for nightmares for both industry execs and ordinary bagholders alike, is gone at last—and bullish momentum is already in full force. XRP, which has been the subject of a heated legal dispute between its issuer Ripple and the SEC since December 2020, seems to be the biggest beneficiary of Gensler’s departure.

Nov 12, 2024 | coinpaper.com | Taisiia Prosvirova

Despite trailing behind major altcoins during the post-election bull run, XRP price is finally gaining momentum, crossing the $0.72 mark, a level unseen since July 2023. In the last 24 hours, Ripple’s token added 18%, joining the likes of BONK, XLM, DOGE, AKT, NEIRO, and FLOKI, today’s top gainers. At the time of writing, XRP's market cap stands at nearly $41 billion, narrowly leading USDC’s $36.5 billion. According to CoinMarketCap, this makes the altcoin the seventh-largest cryptocurrency.