- Brad Garlinghouse, CEO of Ripple, excites the XRP Community with an art piece featuring a chimpanzee in gloomy mood wearing his favourite slogan.
- Garlinghouse reveals that Ether ETF approval, and passage of pro crypto legislation in the US were the main drivers of this market.
The market is gaining momentum despite the legal fight. Ripple’s Brad Garlinghouse’s CEO presents the XRP Community with a framed painting of a chimpanzee holding a sandwich board that says “Laugh now, but one-day XRP will power the World.” It is interesting to note that this print appears as a version edited of Banksy’s unsigned work, listed from $26,651 up to $38,073.
Our checks revealed that the original art featured a chimpanzee with a slogan and title anarchist. “Laugh Now, but one day we’ll be in charge.”
Banksy’s monkey represents the underdogs of the society and offers the message of hope that justice will be served one day for the oppressiveness of the society. Also, there are the “Laugh Now” piece first appeared At the moment, “guerilla exhibition” East London, 2000
In the early 2000s, Banksy exhibited it in Los Angeles with other versions. His use of the expression reflects his evolution from being a street-artist to becoming a politician.
This XRP rendition of this famous artwork carries a strong message that the project was neglected and has faced opposition in recent years. Garlinghouse framed and hung this piece of artwork on his wall after he realized the connection between the message in the original work and the XRP struggle. This is the XRP artwork that he loves most.
For whatever reason, I’ve been hanging on to this one for a while…Prob my all-time favourite from the XRP community. It’s been hanging on a wall in my house… but with all this momentum in the market, I wanted to share it!!
Garlinghouse comments on market momentum rekindles hope for the XRP ETF
Ripple’s CEO highlighted two of the biggest trends in the cryptocurrency market during the week. The SEC’s approval of Ethereum ETFs, as well as passage of legislation by the U.S. House of Representatives in the U.S. are among his observations. pro-crypto legislationThe rallying this week has been mainly driven by the Financial Innovation and Technology for the 21st Century Act.
As Earlier reported by Crypto News FlashThe SEC approved 8 Ethereum-based ETFs. Bloomberg ETF Analyst James Seyffart, however, suggests that trading would begin after approval of S-1 documentation filed by applicants. He said that the SEC could approve these documents in five months.
Please be clear: this does not mean the company will trade tomorrow. It is only a 19b-4 approval. The S-1 documents will also need to be approved, which could take some time. It could be a few weeks, but it may take even longer. You should find out more about the project within a couple of weeks.
It is fascinating that this recent development has revived the idea of a XRP ETF. Nonetheless, a portion of the XRP-community is concerned about the SEC vs Ripple case and how it could influence the approval chances for the XRP ETF.
The XRP price was $0.5212 at the time of publication, after a decline by 1.14% In the past 24 hours 5% The last 30 days have been a time of unprecedented growth. 17% Year-to-date.
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Source: www.crypto-news-flash.com
