XRP News: A renowned legal expert has caught the eyes of the crypto market participants with his recent comment on the ongoing XRP vs Bitcoin war. Notably, a flurry of market participants said the debate between the Ripple and BTC community heated up last week. Amid this, the lawyer revealed what lies ahead in the ongoing war between the two communities on social media platforms.
XRP News: Lawyer Reveals What Lies Ahead In Ripple & Bitcoin War
In the latest news, the XRP vs Bitcoin debate between the two communities has heated recently, with many allegations coming from both ends. Notably, the battle on social media started with Donald Trump saying that the US might consider a Digital Assets Reserve, instead of a Bitcoin Reserve.
This comment has sparked speculations in the market about whether the US administration is considering adding Ripple’s native asset to the Strategic Reserve Asset list. Besides, the recent tie between Trump and Ripple executives has further fueled market discussions. Recently, Donald Trump has also mentioned Ripple and its native asset on the Truth Social platform, with a recent XRP price analysis hinting at a potential rally to $100 with this development.
Lawyer Reveals What’s Next
The ongoing debate between XRP and Bitcoin has reached a boiling point, with the Ripple community and Bitcoin maxis engaging in a heated exchange. Recently, digital asset firm Uphold acknowledged the escalating tension and wondered what the former Army’s next move would be.
However, top lawyer Bill Morgan was quick to respond, asserting that the XRP community isn’t waiting for Bitcoin maxis’ next move. Morgan believes that Bitcoin supporters will continue to disparage other coins, including XRP, as they’ve done for the “last eight years.” Meanwhile, Morgan’s comments suggest that the XRP community is confident in its position and won’t be swayed by Bitcoin maxis’ criticism.
What Lies Ahead For Ripple?
This latest debate comes as the Ripple vs. SEC lawsuit continues to unfold. For context, in a recent X post, a top lawyer reveals a worst-case scenario timeline for the XRP lawsuit to conclude. This has sparked discussions in the market, with many anticipating this lawsuit drop or settlement to push the XRP price higher.
On the other hand, the market participants are also confident about a potential XRP ETF approval under the new US administration. Besides, the US SEC leadership change has further boosted the market sentiment, with many anticipating a strong rally ahead.
Considering all these aspects, it appears that the market participants are eyeing several positive updates in the XRP news column. However, given the current volatile market scenario, investors should exercise due diligence while putting their bets into the market.
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