Ripple CEO Testifies as XRP Faces SEC or CFTC Oversight

Ripple CEO Testifies as XRP Faces SEC or CFTC Oversight
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Ripple CEO Brad Garlinghouse is set to testify before the Senate Banking Committee as lawmakers debate whether XRP should fall under SEC or CFTC oversight. Meanwhile, XRP shows bullish technical signals, with analysts predicting a 12% breakout. The outcome of the hearing and pending legal decisions could shape the token’s regulatory future.

  • Ripple CEO Brad Garlinghouse to testify before the Senate Banking Committee on July 9, advocating for crypto market structure legislation.
  • XRP forms a bullish inverse head-and-shoulders pattern, with analysts forecasting a 12% price breakout amid rising trading volume.
  • Court denies Ripple-SEC settlement motion; upcoming 'Crypto Week' may influence XRP's classification under the CLARITY bill.
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