XRP Soars 79% Amid SEC Shakeup Rumors and BlackRock ETF Buzz

18.11.2024 88 times read 0 Comments

XRP News Today: BlackRock ETF Could Propel XRP to ATH as BTC Eyes $100k

According to FX Empire, Ripple's XRP has experienced a remarkable surge of 79%, reaching a three-year high. This increase is largely attributed to speculation about changes in the SEC leadership and optimism surrounding potential ETFs. The crypto market saw an overall rally with XRP leading the charge, driven by rumors that SEC Chair Gary Gensler might resign. Such a change could potentially end legal challenges against Ripple, setting favorable precedents for digital assets in the US.

The article also highlights how Bitwise’s filing for a 10 Crypto Index ETF was positively received by Ripple CEO Brad Garlinghouse. He expressed enthusiasm over this development which includes major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) alongside XRP itself. A successful launch of an XRP-spot ETF similar to those seen with BTC could push its price back towards its all-time high from 2018 at $3.3509.

4 US Economic Events That Could Impact Crypto Market This Week

BeInCrypto reports on several upcoming U.S. economic events expected to influence cryptocurrency markets significantly this week; these include jobless claims data release scheduled Thursday, November 21st, followed closely by Friday releases concerning S&P Global Manufacturing PMI figures alongside Services Purchasing Managers’ Indexes respectively - both key indicators reflecting health within their respective sectors across America today!

Nvidia Corporation will announce Q3 earnings Wednesday, November 20th, providing further insight into GPU demand trends impacting AI-driven projects & mining-focused cryptos alike such as Render(RNDR) & Worldcoin(WLD). Analysts project revenue growth fueled primarily via increased infrastructure needs related specifically around artificial intelligence applications worldwide right now too!

Best Cryptos To Invest In November 2024 and How Qubetics Compares to Avalanche (AVAX) and Bitcoin (BTC)

An insightful analysis from Brave New Coin Insights discusses investment opportunities among top-performing cryptocurrencies including established giants like Bitcoin (BTC) and Avalanche (AVAX); however, new entrant 'Qubetic' ($TICS) is gaining traction due to its innovative approach simplifying blockchain adoption through a user-friendly platform known simply as "QubeQode IDE". With the presale phase nearing completion, investors are encouraged to consider participating before prices rise post-launch, offering substantial returns potentially exceeding a thousand percent ROI according to recent projections shared therein!

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple

A detailed forecast provided courtesy of FXStreet outlines current consolidation phases affecting major players, namely Bitcoin, whose value fluctuates between the eighty-seven to ninety-three thousand dollar range following record-breaking highs achieved earlier last week while Ethereum approaches critical support levels near the three-thousand mark, risking further declines should breaches occur anytime soon thereafter. Meanwhile, Ripple continues testing resistance points above the one-dollar thirteen cents threshold, signaling a possible continuation of ongoing rallies observed recently amidst broader bullish sentiment prevailing throughout the sector generally speaking nowadays...

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