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The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement.
With President-elect Donald Trump’s recent commitment to using Bitcoin as a strategic reserve asset for the United States, speculation regarding the timing and feasibility of this initiative has intensified within the crypto industry.
Key Takeaways
XRP’s market capitalization surpassed $100 billion for the first time in over six years.
XRP’s price surged due to market optimism following pro-crypto political developments.