XRP News: XRP Lawyer Criticizes Trump, Warren, and Putin on Ukraine War Spending
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XRP lawyer John Deaton has spoken out against prominent figures for their roles in the Ukraine war, calling for accountability on war spending and questioning the long-term US strategy.
XRP Lawyer Criticizes Trump, Warren, and Putin on Ukraine War Spending
XRP lawyer John Deaton has spoken out against Senator Elizabeth Warren, former President Trump, and Russian President Putin for their roles in the Ukraine war. Deaton's comments followed a post by Vice President JD Vance, who claimed the war would not have started if Trump was still in office. Deaton called for accountability on war spending and questioned the long-term strategy of US involvement. He also compared his stance on Ukraine aid to that of Warren, noting that she supported more funding while he demanded answers before committing more money.
XRP Price Faces Resistance at $2.720, Potential Upside Move Slows
XRP price is correcting gains from the $2.750 resistance, still showing positive signs and aiming for a move above this level. The price started a fresh increase above $2.620, trading above this level and the 100-hourly SMA. However, a bearish trend line forming at $2.720 on the hourly chart is providing resistance. If XRP clears this zone, it might start a new increase. The price remained supported above $2.550, forming a base and outperforming Bitcoin and Ethereum with a strong increase above $2.62. It cleared $2.650 and $2.680, moving above the 61.8% Fib retracement level.
Ripple's Price Prediction Post XRP ETF Approval/Denial
The cryptocurrency market is experiencing bullish developments, with Ripple (XRP) ETF launch taking the market by storm. The launch of the XRP ETF could strengthen Ripple's price and market presence. With the US SEC officially paying attention to the rising ETF, investors are eagerly waiting for Ripple ETFs debut to explore the market potential.
SEC Faces 240-Day Countdown for XRP ETF Decision
The Securities and Exchange Commission (SEC) has begun a 240-day countdown for a decision on two XRP-based Exchange Traded Fund (ETF) proposals, following the publication of 19b-4 filings for the Grayscale XRP Trust and the 21Shares CORE XRP Trust in the Federal Register. The NYSE Arca and Cboe have submitted filings for the respective ETFs, with the SEC's deadline for approval or denial set for October 18 and October 19, 2025, respectively. This marks the official end of the SEC's review process for both proposals.
