President-Elect Trump Could Be a Game Changer for Ripple. Should You Buy XRP Before Jan. 20?

The election of Donald Trump has had a boon to crypto. In the weeks after Nov. 5, Bitcoin topped $100,000 for the first time as investors anticipate a major shift in how the industry is viewed by the nation's top office. The effects were felt well beyond Bitcoin, however, with altcoins like Solana and Cardano following suit.Of all the projects that could benefit from a friendlier administration, XRP (CRYPTO: XRP) may stand to gain the most. The coin has been a target of the Securities and Exchange Commission (SEC) and its primary use case lies within the tightly regulated banking industry. Changes in personnel and policy could have a huge impact.President-elect Trump made it clear on the campaign trail that he didn't just view the industry favorably, but intends to make America the "crypto capital of the planet." In July, at the biggest Bitcoin conference of the year, Trump gave the keynote address in which he promised the federal government would "keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future." Shortly after, he sat down with executives from the largest U.S. miners in a closed meeting at Mar-a-Lago.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool