XRP is currently exhibiting a bullish trend, as it has managed to maintain its upward momentum despite a dip below $0.30. To continue this positive trend, it is important for XRP to hold above its support at $0.35. Here’s where XRP is headed next.

XRP Price Ready to Spike Again Bolstered by Garlinghouse’s Positive Sentiments

The CEO of Ripple, Brad Garlinghouse, recently tweeted that he is cautiously ‘optimistic’ for 2023 as it may be the year we finally see a breakthrough.

There are ten politicians in the 118th Congress who are known for their bipartisan and bicameral leadership, according to Garlinghouse. These include Patrick McHenry, Representative for North Carolina’s 10th District; Glenn “GT” Thompson, Representative for Pennsylvania’s 15th Congressional District; and Tom Emmer, Congressman for Minnesota’s Sixth District.

Authorities are yet to come up with concrete definitions of what constitutes a “digital asset security.” Garlinghouse proposes a Securities Clarity Act and Clarity for Digital Tokens Act (safe harbors), among other bills.

“No bill is perfect and there likely never will be one that satisfies everyone. But perfect shouldn’t be the enemy of progress – these proposals provide more than a starting point for debate in this new Congress. The stakes couldn’t be higher,” Garlinghouse explained via a Twitter thread.

The lack of coordinated global crypto regulations is causing businesses to flock to…