Highlights
Pro-XRP lawyer and Senate candidate John Deaton has made it onto the 2024 Massachusetts ballot, becoming the first GOP candidate on the ballet. Deaton aims to unseat Democrat Elizabeth Warren and stop her irrational attacks on crypto industry as well as her efforts to cut ties between banks and crypto industry.
Moreover, the XRP community also believes Deaton’s win could be big turnaround in Ripple Vs SEC lawsuit and regulatory change.
Massachusetts Senate candidate John Deaton has become the first GOP candidate to make it onto the 2024 MA ballot, as per reports on May 13. Deaton has gained more than 10,000 signatures, showing the support he is getting from the people, especially crypto industry.
He also warned Senator Elizabeth Warren saying “Bad news for one of Washington’s most entrenched career politicians.” Deaton has criticized the regulators for their overreach when it comes to crypto and Warren for her irrational legislative bills and rulemaking decisions.
XRP Lawyer John Deaton reaffirmed Senate win as signature drive hits target and garnered extensive support only in a few days. Crypto-related PACs are also backing John Deaton for a win in the Massachusetts Senate election.
Lawyer James Murphy or MetaLawMan also believes that Deaton will win against Warren and become the next Senator from Massachusetts. “As the primary recruiter for my law firm back in the day, I got pretty good at spotting winners,” he stated.
Also Read: Why Bitcoin (BTC) Price Is Falling Suddenly, How Low Can It Go?
Ripple CEO Brad Garlinghouse reaffirmed that the SEC is going to lose in the long run, even if they file an appeal. Garlinghouse also blamed Senator Elizabeth Warren for politicizing crypto topics and Democrats fails to realize that she is “leading them off a cliff.”
XRP price soared over 1% in the past 24 hours, with the price currently trading at $0.50. The 24-hour low and high are $0.487 and $0.511, respectively. Furthermore, trading volume has increased by over 150% in the past 24 hours, indicating massive interest among traders.
Derivatives data indicate, traders having mixed sentiment among uncertainty in the crypto market and as macroeconomic events get released this week. XRP futures open interest are slowly rising with 1.13 billion XRP OI at present.
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