The news highlights the exit announcement of Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), which has positively impacted the crypto market sentiment. There are hopes for a new regulator who supports cryptocurrencies to replace him. Additionally, a lawyer supportive of XRP, Jeremy Hogan, has predicted a timeline for the conclusion of the Ripple SEC lawsuit, which has generated discussions in the market. Several market watchers also expect other crypto-related SEC cases to settle or conclude with Gensler's departure.



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