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Investors Are Expecting 2 Things From SEC’s Closed Meeting Today 

By WebDeskJanuary 30, 20253 Mins Read
Investors Are Expecting 2 Things From SEC’s Closed Meeting Today 
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The US SEC, led under the able leadership of Mark Uyeda, is creating new milestones. For instance, the last meeting was pivotal to the entire cryptocurrency regimen, with the rescinding of SAB 121. This major development was met with great response throughout the US, as it enabled banks to custody Bitcoin. With another meeting scheduled for January 30, 2025, investors are now anticipating more bullish news, especially concerning Ripple (XRP).

Also Read: Missed Out? A $10,000 Shiba Inu Investment in 2020 is Now Over $2 Billion

Another Closed Meeting Scheduled By The US SEC

US Securities and Exchange Commission (SEC)
Source: Decrypt

The US Securities and Exchange Commission has listed another closed meeting on its website. This meeting is scheduled to be conducted on January 30th, 2025, sparking major anticipations about new elements being released in the cryptocurrency realm.

For instance, a notable XRP enthusiast by the name of Amelie took to X to outline the results of the SEC’s earlier closed meeting. She shared how in the earlier SEC meeting, SAB 121 was rescinded, ushering in a major crypto feat for the US citizens.

🚨 BREAKING:

TOMORROW ON JANUARY 30 NEXT CLOSED SEC MEETING! 🗣️💬

LAST TIME MARK UYEDA REMOVED SAB 121 – THIS TIME PREPARE FOR ANYTHING! 🙌🏼 #XRP pic.twitter.com/9g9rcEFncJ

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) January 29, 2025

With another closed SEC meeting on the cards for January 30th, Amelie hinted at how this could again usher in positive momentum for the entire crypto community. The meeting is currently a center of wild speculation, with users anticipating a more nuanced approach towards reviewing Ripple (XRP) pending ETF files.

The speculatory spree is anticipating the approval of XRP ETFs, followed by Ripple’s case with the SEC finally ending after the aforementioned meeting.

Case being dropped tomorrow??

— Rip (@RippleffectX) January 29, 2025

While the agenda of the meeting has already been specified on the US SEC website, the investors are speculating diverse narratives, with XRP being at the center of it all.

Also Read: Ripple: ChatGPT Rival DeepSeek Predicts XRP To Hit $5

XRP’s Future Price Path

Per CoinCodex, XRP is already on track to hit $4 by April 2025. If the bullish momentum continues, XRP could claim an unprecedented high, giving its users a merry time to bask in.

XRP STATSXRP STATS
Source: CoinCodex

“According to our current XRP price prediction. The price of XRP is predicted to rise by 42.45% and reach $ 4.44 by April 30, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 72 (Greed). XRP recorded 18/30 (60%) green days with 14.18% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”

Also Read: Powell’s Fed Shift Sends Bitcoin Soaring 15% to $105K Before Meeting


Credit: Source link

Previous ArticleWinklevoss Slams MIT Over Gensler Ties—No Gemini Jobs for Its Graduates
Next Article Grayscale Files for Spot XRP ETF With NYSE

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