SHOCKING XRP NEWS! NEW SEC TO "ABANDON"...

XRP Price Action

• XRP has broken out above the $3 mark, reaching $3.20 before pulling back to $2.94
• The pullback is seen as a bullishly flipping resistance into support
• XRP has outperformed Bitcoin, breaking above a previous line of resistance in the XRP/BTC chart

Market Outlook

• Strong day for stocks and crypto, with Bitcoin looking good
• XRP could continue to outperform if the crypto market goes up
• potential for XRP to break out to new all-time highs if the market conditions are right

Regulatory News

• Brad Garlinghouse comments on the SEC's appeal brief, calling it a rehash of already failed arguments
• Stuart Alderati says the SEC's lawsuit is just noise and a new era of pro-innovation regulation is coming
• Gary Gensler's SEC is still suing people like Elon Musk, despite being on his farewell tour

ETF News

• Litecoin may be the next coin approved by the SEC for an ETF
• XRP and Solana may follow after Litecoin
• JPMorgan predicts $3-8 billion in inflows for XRP ETFs
• Bitcoin ETFs see significant inflows, with Fidelity leading the way

Institutional Interest

• Nation states are considering moving exposure from foreign currency government bonds into Bitcoin
• Banks are working with XRP, and nations are considering buying Bitcoin and adding it to their balance sheets
• Bitcoin is entering a new chapter, with increasing institutional interest and investment