Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Marvie Basilan

$XRP Pumps As Speculation Around SEC Chair Gary Gensler's Resignation Excites Crypto Community

$XRP's fate has been hanging in the balance since the SEC sued Ripple in 2020, but hopes are high under a new administration and talks that Gary Gensler may resign from the SEC chairmanship soon. (Credit: IBTimes US)

KEY POINTS

  • Robinhood's re-listing of $XRP also affected the token's price in the past two days
  • Many crypto users are ecstatic over speculation that Gensler may step down
  • Ripple has been battling against the SEC's late 2020 lawsuit that drove $XRP's value down

The price of XRP, the native cryptocurrency of the decentralized blockchain XRP Ledger, is surging after the altcoin was made available for trading by fintech leader Robinhood.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.