2024

<ul>
 <li>Ripple CEO predicts the cryptocurrency market cap will exceed $5 trillion in 2024, driven by ETFs and bitcoin halving.</li>
 <li>Ripple’s legal battle with the SEC continues over allegations of selling unregistered securities.</li>
 <li>Gemini’s COO forecasts bitcoin to reach $150,000 this year due to increased adoption and regulatory developments.</li>
</ul>
<p>The CEO of <a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a>, Brad Garlinghouse, recently addressed the growing influence of the cryptocurrency industry in the US elections of 2024. According to Garlinghouse, the crypto sector has historically been underrepresented in Washington but is now becoming more politically active.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> JUST IN: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ripple CEO Joined <a href="https://twitter.com/CNBC?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CNBC</a> Crypto World To Discuss How The Crypto Industry Is Coming Together To Be A Force In The 2024 US elections <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>“This Is An Industry That Has Been Behind In Washington And Really Been On The Defense From The Uneducated” … <br><br>“Those Who Are… <a href="https://t.co/XsXUo4ahzH" rel="noopener noreferrer nofollow">pic.twitter.com/XsXUo4ahzH</a></p>— Good Morning Crypto (@AbsGMCrypto) <a href="https://twitter.com/AbsGMCrypto/status/1804610285174763521?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 22, 2024</a>
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<p>Garlinghouse is optimistic about the future of the cryptocurrency market. He predicts that the combined market capitalization of all cryptocurrencies will exceed $5 trillion this year. He attributes this growth to significant macroeconomic factors, such as the expected arrival of the first US <a href="https://cryptonewsland.com/us-spot-bitcoin-etfs-see-200m-outflows-market-reacts-u-s-spot-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">spot bitcoin exchange-traded funds</a> (ETFs) and the impending bitcoin ‘halving’.</p>
<p>The demand for cryptocurrencies is rising while supply is declining, according to Garlinghouse, who highlighted that these factors are drawing in institutional investors. He stated that this economic dynamic is likely to propel the market to new heights.</p>
<p>Other influential individuals in the industry share Garlinghouse’s bullish prediction. Chief Operating Officer Marshall Beard of <a href="https://gemini.google.com/app" target="_blank" rel="noopener noreferrer nofollow">Gemini</a> also voiced hope for the future of the cryptocurrency market. He recently spoke to CNBC at a cryptocurrency conference in London that he believes bitcoin will hit $150,000 by the end of the year.</p>
<p>Beard cited increased adoption, new regulations, the introduction of ETFs, and Bitcoin halving as <a href="https://cryptonewsland.com/understanding-bitcoins-halving-effect-mark-moss-explains-how-btc-value-will-hit-43-million-in-50-years/" target="_blank" rel="noopener noreferrer nofollow">key drivers of this anticipated growth</a>. He was optimistic about its upward trajectory even though he recognized the possibility of high volatility.</p>
<p>In 2024, the cryptocurrency industry is expected to experience significant growth and increased political influence. Influential figures, such as Marshall Beard of Gemini and Brad Garlinghouse of Ripple, are optimistic about the market’s future and point to regulatory changes and macroeconomic trends as important determinants. The industry’s influence on the political arena and financial landscape is likely to grow stronger as it undergoes further development.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/could-bitcoin-shape-the-2024-elections/" rel="noopener noreferrer nofollow">The Potential Influence of Bitcoin in the 2024 Elections</a></li>
 <li><a href="https://cryptonewsland.com/ftx-ceo-sam-bankman-fried-to-donate-up-to-1b-for-us-elections/" rel="noopener noreferrer nofollow">FTX CEO Sam Bankman-Fried to Donate up to $1B for US Elections</a></li>
 <li><a href="https://cryptonewsland.com/the-philippines-discusses-blockchain-based-elections/" rel="noopener noreferrer nofollow">Philippines Discusses Blockchain-Based Elections</a></li>
 <li><a href="https://cryptonewsland.com/coinbase-joins-forces-with-andreessen-horowitz-ripple-for-crypto-pac-funding/" rel="noopener noreferrer nofollow">Coinbase Joins Forces with Andreessen Horowitz, Ripple for Crypto PAC Funding</a></li>
 <li><a href="https://cryptonewsland.com/ripple-ceo-supports-u-s-as-centre-for-blockchain-despite-facing-legal-obstacles/" rel="noopener noreferrer nofollow">Ripple CEO Supports U.S. as Centre for Blockchain Despite Facing Legal Obstacles</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ripple-ceo-discusses-crypto-industrys-influence-on-2024-us-elections-will-xrp-break-ath-this-cycle/" rel="noopener noreferrer nofollow">Ripple CEO Discusses Crypto Industry’s Influence on 2024 US Elections, Will XRP Break ATH This Cycle?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple CEO Discusses Crypto Industry’s Influence on 2024 US Elections, Will XRP Break ATH This Cycle?

Crypto News Land

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