- Brad Garlinghouse is the CEO of Ripple. He has created an original artwork featuring a chimpanzee with a look of sadness on its face, displaying his favorite slogan.
- Garlinghouse also reveals that Ether ETF approval, and the passing of crypto-friendly 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.” This is an edited version, which appears to be a Banksy print that was unsigned and listed between $26,651 and $38,073.
The original artwork depicts a dejected chimpanzee, with an anarchic slogan and title. “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. The “Laugh Now” piece first appeared Then, you can get in touch with us. “guerilla exhibition” East London in 2000.
In the early 2000s, Banksy exhibited it in Los Angeles with other versions. This expression is a good summary of his transformation from street artist into a political activist.
The XRP version contains a message about the neglect and opposition that the project has faced in recent years. Garlinghouse framed the artwork after realizing how closely related it is to XRP’s struggles. 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’s comments about the market turning positive rekindles hopes for XRP.
Ripple’s CEO also posted a post highlighting the biggest market momentums this week. According to his observations, the SEC approval of several Ethereum ETFs and the U.S. House of Representatives passage of the a pro-crypto legislationThe rallying this week has been mainly driven by the Financial Innovation and Technology for the 21st Century Act.
As mentioned 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.
It does not necessarily mean that they will start trading on Monday. The 19b-4 is the only approval needed. The S-1 documents will also need to be approved, which could take a while. The process is expected to take two weeks. However, it could go longer. You should find out more about the project within a couple of weeks.
This has given rise to the possibility of XRP being listed on an exchange in near future. XRP supporters are concerned about the impact of SEC vs Ripple’s ongoing lawsuit on the chances for XRP to be approved as an ETF.
At the time this article was published, XRP had fallen to $0.5212 from its previous price of $0.5212. 1.14% Last 24 Hours 5% In the past 30 days and 17% From year to date
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Source: www.crypto-news-flash.com