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The XRP price soared 7% in the last 24 hours to trade at $0.661 as of 03:00 a.m. EST on trading volume that surged 138% to $11.8 billion. This follows indications that Ripple CEO Brad Garlinghouse may have met with president-elect Donald Trump. Garlinghouse liked a Zach Rector post on X, seemingly indicating that there had been a meeting with Trump. Confirmed ✅ #XRP pic.twitter.com/krpLrgrR2c — Zach Rector (@ZachRector7) November 12, 2024 XRP Price Set For A Sustained Bullish Trend The XRP/USD chart Analysis on the 1-day timeframe shows the XRP price experiencing a recent bullish breakout after a prolonged period of consolidation. Price is now pushing upwards, as evidenced by the sharp rise and increased volume, indicating strong buying interest. XRP price bulls are using the $0.50 support to sustain the uptrend, according to data from GeckoTerminal . The price of XRP now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the as...

Filing Lawsuit Against Garlinghouse Is Costing SEC: Deaton The SEC’s choice to charge particular defendants, Brad Garlinghouse and Chris Larsen, with aiding and abetting in a non-fraud case is the focus of Deaton’s criticism. Deaton claims that this method, which raises the burden of proof, was ill-conceived and blames it on former SEC officials Jay Clayton and Bill Hinman. He claims that this action deviates from legal norms and hints at objectives other than law and justice. advertisement Deaton points to a video in which Clayton expresses a preference for charging executives, believing it changes the dynamics of the case by invoking fear and intimidation. The decision to sue Garlinghouse and Larsen, in Deaton’s view, was based on misguided reasons, with repercussions that negatively impact the SEC’s position. Ripple CEO Brad Garlinghouse entered the discourse, emphasizing that an appeal, even if granted, does not alter the assertion t...