US EditionXRP Price News: Ripple Jumps 8% Above $2, Beating Bitcoin (BTC), Amid SEC Shuffle
XRP surged over 8% to above $2 as spot ETF inflows reached $13.59 million and regulatory outlook improved following a key SEC commissioner's exit.
- On Friday, Ripple's XRP rose above $2 for the first time since mid-December, trading just over $2 and up around 8% while bitcoin hovered just over $90,000 and ether around $3,000.
- Data from SoSoValue showed U.S. spot XRP ETFs took in $13.59 million on Jan. 2, pushing total inflows since launch to $1.18 billion and tilting near-term supply and demand in XRP's favor.
- Traders reassessed the regulatory backdrop after SEC Commissioner Caroline Crenshaw's departure, which some viewed as clearing the way for a more crypto-friendly stance, noting she opposed key ETF and Ripple decisions.
- ETF flow data revealed token-specific demand for XRP, as XRP's strength stood out against mixed flows in other major crypto ETFs, while bitcoin funds showed weaker demand.
- Speculation about upcoming legislation added momentum as traders pointed to a possible Market Structure Bill markup on Jan. 15, keeping policy expectations elevated into the first quarter.
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SEC Commissioner Caroline Crenshaw to Depart as Deregulatory Shift Accelerates
Crenshaw’s exit leaves the commission without a Democratic holdover at a moment of sharp policy change under Chairman Paul S. Atkins, whose leadership has emphasized industry flexibility and reduced enforcement—an approach Crenshaw repeatedly warned could expose investors to heightened risk.
Caroline Crenshaw Resigns from SEC, Ending Five-Year Term
TLDR: Caroline Crenshaw resigned from SEC after serving over five years as a Democratic commissioner. The SEC now consists entirely of Republican commissioners following Crenshaw’s departure Friday. Crenshaw consistently opposed cryptocurrency integration and warned about investor protection risks. Representative Maxine Waters called for hearings on SEC’s crypto policy changes and dismissals. Caroline Crenshaw has officially resigned from the S…
XRP Breaks $2 Barrier As Regulatory Winds Shift Under New SEC Leadership
The digital asset markets witnessed a decisive bullish move today as XRP surged 8.43% to $2.03, marking its strongest performance in recent weeks and cementing its position as the fourth-largest cryptocurrency by market capitalization. The rally pushed XRP’s weekly gains to an impressive 9.95%, signaling renewed institutional confidence in the asset’s regulatory trajectory under newly appointed SEC Chair Paul Atkins. Market dynamics reveal a fun…
XRP jumps 8% above $2 as traders bet on a friendlier SEC
XRP jumps 8% above $2 as traders bet on a friendlier SEC The departure of SEC Commissioner Caroline Crenshaw is seen as potentially paving the way for more crypto-friendly policies. What to know: XRP surpassed $2 for the first time since mid-December, driven by steady ETF inflows and a favorable…
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