- Ripple gives $1 million in support of John Deaton for Senate.
- John Deaton takes on Senator Warren, who is pro-crypto in her Senate campaign.
Eleanor Terrett was recently a Fox Business reporter tweeted about a new Ripple development. Ripple has donated $1,000,000 to Commonwealth Unity Fund (a new super PAC created by James Murphy). The political action committee aims to replace Senator Warren with John Deaton, a crypto-supporter and Massachusetts Senator.
🚨SCOOP: @Ripple James Murphy (aka) has given $1M to a new super PAC called the Commonwealth Unity Fund. @MetaLawManUnseat @SenWarren The electorate @JohnEDeaton1 Murphy will be the next senator of Massachusetts. Murphy has donated $50,000.
The story and more details will be revealed soon. pic.twitter.com/32kadpAkE1
— Eleanor Terrett (@EleanorTerrett) July 15, 2024
John Deaton’s Senate Campaign Launches to Combat Senator Warren’s Anti-Crypto Stance
John Deaton’s Senate campaign has been launched with a goal to challenge the current political order. This includes Senator Warren who is known for her critique of crypto.
Deaton, who has contributed personally $500,000 to the campaign, is aggressively seeking additional support from fans. He hopes to reach $1 million within the first quarter.
The crypto-community has shown interest in this project and given it their support. Charles HoskinsonThe primary election is scheduled for September 3. Primary elections are scheduled for 3 September.
CNF reported On speculations regarding a meeting held at SEC Headquarters to discuss Ripple’s ongoing legal battle.
The 13th of July 2024 was the date when it was decided that XRP does not qualify as a security if traded in public but qualifies when sold to investors. Ripple’s operations and position on the market are affected by Ripple’s legal distinction.
Ripple’s attraction to central banks Blockchain technology is a digital revolution that promises speed, safety, and rapid payments. The expectation of an XRP ETF increases as legal barriers are overcome and acceptance in the real world is increased.
CoinMarketCap reports that the current XRP value is about $0.5438Up 2.58% It has been a bullish 24 hour period. The bullish sentiment is also evident in the chart. 25.36% The last 7 days
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