Coinedition
Consensys CEO Joe Lubin remains hopeful of the crypto industry under Trump’s administration. Trump will likely settle or dismiss lawsuits, including crypto companies, saving millions of dollars. Lubin addresses Trump as a good politician who effectively captures public sentiment.
Trump nominates ex-SEC Chair Jay Clayton for Manhattan U.S. Attorney. Clayton lacks criminal law experience but has a strong background in finance. Clayton’s appointment may face less resistance compared to past Trump picks.
Technical analysis suggests XRP could break out and reach a new all-time high, potentially exceeding $200. XRP’s price action shows a descending triangle pattern, similar to one that preceded a major surge in 2017-2018. XRP’s market performance and technical indicators like MACD and RSI support the bullish outlook.