XRP Price Surge Anticipated: SEC Responds to Spot Bitcoin ETF Report
.png)
XRP price is likely to rally as investors grow their holdings. The Ripple CTO responded to the SEC’s statement regarding the erroneous report concerning the approval of the Spot Bitcoin ETF. Simultaneously, there has been an increase in purchasing interest for the remittance token following a significant movement of 30.8 million XRP tokens by a large holder. There’s a potential for an upward surge in XRP’s price, attributed to favorable developments involving major XRP holders. In a separate incident, a Ripple executive criticized the US Securities and Exchange Commission (SEC) for dispelling inaccurate reports regarding the approval of a Spot Bitcoin exchange-traded fund. Speculation is rife within the XRP community as rumors regarding Ripple’s IPO have once again emerged. Simultaneously, a substantial XRP whale transaction aligns with renewed conversations regarding the company’s possible initial public offering (IPO). Last Tuesday, a significant XRP holder initiated a transfer...