- Pin
- 🍀 Gate.io Honor Credits Spring Lucky Draw Round 9️⃣ is Officially Live!
💎 Enter the Draw Now and Seize Your Springtime Luck! 👉 https://www.gate.io/activities/creditprize?now_period=9
To Join:
1️⃣ Open the App 'Home'-'Post', and Tap the Credits Icon Next to Your Profile to Enter the 'Credits Center'.
2️⃣ Complete Tasks like Post, Comment, and Like to Earn Honor Credits.
🎁 Every 300 Credits to Draw 1 Chance, Win a MacBook Air, INTER Water Bottle, Futures Voucher, Points, and More Amazing Prizes!
⏰ Ends on April 5th, 16:00 PM (UTC)
👉 Details: https://www.gate.io/announcements/article/44114
#
- 📣 Gate Post Ambassadors New User Invitation Campaign: Win Exclusive Merch and a $2,000 Prize Pool!
💰 Top ten Ambassadors will receive exclusive merch, including Windbreaker Jacket, Tea Set, Sweatshirt and more!
💰 Other Ambassadors will earn $10 for every successfully invite, with a total prize pool up to $2,000!
💰 You can also earn referral commission and up to 500 USDT after friends complete tasks!
Not a Gate Post Ambassador yet? Join now 👉 https://www.gate.io/questionnaire/4937
Guide to joining the Invitation Campaign:
1️⃣ Become an Ambassador and click the event form in Ambassadors G
What will happen to XRP price when Trump comes? What is expected if it is understood with the new SEC?
If Ripple achieves a positive outcome in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) and analysts predict a significant rally, a renewed hope for XRP in the new year is brought.
The lawsuit initiated by the SEC in December 2020 and lasting lawsuit accused Ripple of violating securities laws by selling XRP to institutional investors. While Judge Analisa Torres ruled last year that XRP was not a security, the SEC appealed the decision, leaving the case in limbo.
Carlos Guzman, a research analyst at GSR, said that a positive decision could serve as a significant catalyst for XRP's price. Guzman said, 'If the SEC appeal is rejected or the new SEC administration prefers settlement instead, it will be a big win for Ripple.'
The cryptocurrency industry is hopeful for regulatory relief under President-elect Donald Trump's new administration. Trump, who will take office on January 20, signaled a crypto-friendly stance by nominating crypto ally Paul Atkins for the SEC chairmanship. Many believe this could lead to a more favorable regulatory environment for Ripple and other digital assets.
Guzman added, "If the new SEC leadership prefers a compromise, it could lead to the rise of XRP."
A positive legal outcome for Ripple could position XRP among a select group of digital assets suitable for exchange-traded funds (ETFs). Bloomberg ETF expert Eric Balchunas predicts an increase in new crypto ETFs under the new administration, citing the record success of spot Bitcoin ETFs as a benchmark.
Balchunas said, “XRP should be among the first to receive approval,” but warned that even with a positive legal outcome, crypto ETFs still face long approval processes.
Beyond its legal challenges, Ripple is looking to a promising future with the increasing adoption of its new stablecoin RLUSD. The company aims to strengthen the narrative of XRP as a legitimate payment solution, which Guzman believes can further enhance XRP's position.
In addition, the revival of individual interest during the recent crypto rally has reignited investor enthusiasm for XRP. Guzman said, "Considering the revived individual interest in XRP that we saw in November and December, these positive developments could catalyze another wave of investor interest."