Ripple's XRP has been recognized as a 'convertible virtual currency' by the US Department of Justice Civil Division and FinCEN, solidifying its status as a reputable and trusted cryptocurrency. This comes after XRP faced a lengthy battle with the SEC, which was resolved following Gary Gensler's resignation and the pro-crypto stance of the Trump administration. XRP missed out on previous market pumps due to SEC hindrance, but analysts believe another price surge is imminent, with expectations of a new all-time high around $27.
Other News from Today
Imminent ‘Explosive’ Stock Market Breakout Likely To Boost Bitcoin and Crypto Markets: Jason Pizzino
Fluent Labs raises $8 million in funding led by Polychain Capital to build blended execution network