Brad Garlinghouse allows that Ripple can abandon XRP, and ethereum breaks the level of $2000

Brad Garlinghouse allows that Ripple can abandon XRP

“As you may know and may recall, J. Clayton as the chair of the SEC, the day before he left office, brought this lawsuit against Ripple and against me personally. You know we don’t think that made a lot of sense given that XRP had been trading for eight years. And so, to do that the day before he leaves his position, I think it was misguided. I’m hopeful with Gary Gensler and the new chair likely to be confirmed in a couple of weeks. There’s an opportunity to have a conversation with that new leadership as he brings his team in, ” Garlinghouse said.

The entrepreneur previously stated that Ripple completely disagrees with the SEC on the classification of the XRP token. Garlinghouse pointed out that among regulators in other developed countries, only the SEC considers cryptocurrency a security.

Ethereum breaks the $ 2,000 level

On February 20 of this year, the crypto coin showed a historical maximum, having risen in price to $2,040. However, the next day ethereum dropped below $2,000. Entrepreneur Mark Cuban said ETH is “adapting over time” with developers improving its ecosystem.

“I have a lot of ethereum as well [30% of my portfolio]. I wish I had bought it sooner, but I started buying it four years ago, simply because I think it’s the closest we have to a true currency, ”he said in a recent interview.

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