Home > Information news > Key Highlights From Ripple CEO's '60 Minutes' Interview; Top Trader Thinks XRP Is Preparing for Round 2; 121 Billion PEPE Stun Binance: Cryp...
Key Highlights From Ripple CEO's '60 Minutes' Interview; Top Trader Thinks XRP Is Preparing for Round 2; 121 Billion PEPE Stun Binance: Cryp...
Release: 2024/12/11 04:04 Reading: 848
Top Crypto News of the Day
1. Ripple CEO's "60 Minutes" Interview: Highlights
- Ripple CEO Brad Garlinghouse emphasized the need for clear regulatory guidelines in the crypto industry, rather than deregulation.
- He highlighted the FIT 21 bill, which aims to establish a regulatory framework for digital assets.
- Former SEC official John Reed Stark criticized cryptocurrency as a "scourge" and argued for its classification as securities.
- Garlinghouse countered that current securities laws are inadequate for digital assets.
- Garlinghouse criticized "60 Minutes" for omitting his statement that XRP is not a security.
2. XRP Poised for "Round 2" of Gains, Says Market Expert
- XRP has experienced significant price growth recently.
- Expert "DonAlt" anticipates further gains, despite XRP's recent surge of over 470%.
- Market participants speculate on the possibility of XRP surpassing Ethereum or even Bitcoin in valuation.
3. Massive PEPE Transaction on Binance Raises Eyebrows
- A smart trader deposited 121.75 billion PEPE tokens to Binance, valuing the transaction at approximately $3.22 million.
- The trader reportedly made a profit of $2.13 million, a 197% increase in just 2.5 months.
- Despite a broader market sell-off, PEPE has shown resilience, although it has declined by 4.97% in the past 24 hours.
- Traders await the Federal Reserve's policy meeting on December 17-18, with expectations for a rate decrease now at 85% due to market uncertainty.
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