{"id":537511,"date":"2023-06-12T17:25:43","date_gmt":"2023-06-12T17:25:43","guid":{"rendered":"https:\/\/wncen.com\/?p=537511"},"modified":"2024-06-11T07:58:22","modified_gmt":"2024-06-11T07:58:22","slug":"sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/","title":{"rendered":"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks"},"content":{"rendered":"

The chairman and CEO of Japanese financial giant SBI Holdings Inc., Yoshitaka Kitao, has made an extremely bullish prediction about the XRP price and Ripple Labs as a company. As is well-known, Kitao is one of Ripple’s biggest supporters and, remarkably, a former board member of the fintech (replaced by Adam Traidman).<\/p>\n

In a Japanese speech<\/a> in front of an audience, Kitao made several statements that are likely to make the XRP community sit up and take notice. According to Kitao, the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) over the classification of XRP as an unregistered security could come to an end as early as the next few weeks.<\/p>\n

Ripple About To Go Public?<\/h2>\n

In addition, the SBI Holdings CEO stated that he expects XRP prices to rise sharply if the court rules in Ripple’s favor. He sees this as an event that could increase not only the price of XRP, but also its overall acceptance in the digital finance world, saying (translated from Japanese):<\/p>\n

If the conclusion is reached and XRP is a coin, I think it will be a very expensive price.<\/strong><\/p><\/blockquote>\n

Even more surprising to the XRP community, however, may be Kitao’s statement that he expects Ripple Labs to go public (IPO) as soon as the ruling is handed down by Judge Analisa Torres of the United States Southern District Court of New York. Kitao said:<\/p>\n

If the conclusion [of the trial] is positive, I think the management will immediately go public.<\/strong><\/p><\/blockquote>\n

Such a move, according to Kitao, could lead to significant financial benefits for Ripple stakeholders such as SBI Holdings, regardless of whether they decide to sell their XRP holdings or keep them.<\/p>\n

Related Reading: Former SEC Chairman Deserves Appreciation From Ripple, Alderoty States<\/a><\/div>\n

While the speculation of a Ripple IPO may come as a surprise to many, the rumors are not new. Ripple CEO Brad Garlinghouse said himself during an interview at the World Economic Summit 2020 on the subject of an IPO: “We won’t be the first, and we won’t be the last”.<\/p>\n

At the time, the Californian fintech was not yet in litigation with the US Securities and Exchange Commission. Remarkably, back in April 2021, during a presentation of SBI’s quarterly results, Kitao claimed that the SEC’s lawsuit was the last hurdle for Ripple before an IPO.<\/p>\n

XRP Price Ahead Of A Breakout Due To Hinman Docs?<\/h2>\n

Already tomorrow, Tuesday June 13th, the XRP price could experience a major upswing. According to former federal prosecutor James K. Filan, the unsealing of internal SEC Hinman documents in the Ripple case could occur. The Hinman documents<\/a> may shed light on Ethereum’s (ETH) previous classification as a non-security and mark a massive partial victory for Ripple.<\/p>\n

Related Reading: Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic<\/a><\/div>\n

At press time, XRP changed hands for $0.5169, up 2,4% in the last 24 hours. Currently, the most important resistance lies at $0.54. If this resistance is cleared by the XRP bulls, the yearly high of March 29 at $0.5850 could be within reach.<\/p>\n

\"Ripple
XRP about to break-out?, 4-hour chart | Source: XRPUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from iStick, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The chairman and CEO of Japanese financial giant SBI Holdings Inc., Yoshitaka Kitao, has made an extremely bullish prediction about the XRP price and Ripple Labs as a company. As is well-known, Kitao is one of Ripple’s biggest supporters and, remarkably, a former board member of the fintech (replaced by Adam Traidman). In a Japanese speech in front of an audience, Kitao made several statements that are likely to make the XRP community sit up and take notice. According to Kitao, the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) over the classification of XRP as an unregistered security could come to an end as early as the next few weeks. Ripple About To Go Public? In addition, the SBI Holdings CEO stated that he expects XRP prices to rise sharply if the court rules in Ripple’s favor. He sees this as an event that could increase not only the price of XRP, but also its overall acceptance in the digital finance world, saying (translated from Japanese): If the conclusion is reached and XRP is a coin, I think it will be a very expensive price. Even more surprising to the XRP community, however, may be Kitao’s statement that he expects Ripple Labs to go public (IPO) as soon as the ruling is handed down by Judge Analisa Torres of the United States Southern District Court of New York. Kitao said: If the conclusion [of the trial] is positive, I think the management will immediately go public. Such a move, according to Kitao, could lead to significant financial benefits for Ripple stakeholders such as SBI Holdings, regardless of whether they decide to sell their XRP holdings or keep them. Related Reading: Former SEC Chairman Deserves Appreciation From Ripple, Alderoty States While the speculation of a Ripple IPO may come as a surprise to many, the rumors are not new. Ripple CEO Brad Garlinghouse said himself during an interview at the World Economic Summit 2020 on the subject of an IPO: “We won’t be the first, and we won’t be the last”. At the time, the Californian fintech was not yet in litigation with the US Securities and Exchange Commission. Remarkably, back in April 2021, during a presentation of SBI’s quarterly results, Kitao claimed that the SEC’s lawsuit was the last hurdle for Ripple before an IPO. XRP Price Ahead Of A Breakout Due To Hinman Docs? Already tomorrow, Tuesday June 13th, the XRP price could experience a major upswing. According to former federal prosecutor James K. Filan, the unsealing of internal SEC Hinman documents in the Ripple case could occur. The Hinman documents may shed light on Ethereum’s (ETH) previous classification as a non-security and mark a massive partial victory for Ripple. Related Reading: Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic At press time, XRP changed hands for $0.5169, up 2,4% in the last 24 hours. Currently, the most important resistance lies at $0.54. If this resistance is cleared by the XRP bulls, the yearly high of March 29 at $0.5850 could be within reach. Featured image from iStick, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":537514,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[3680,7946,4531],"class_list":["post-537511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-sbi","tag-xrp"],"acf":[],"yoast_head":"\nSBI Predicts XRP Price Surge, Expects Ripple Verdict In Weeks<\/title>\n<meta name=\"description\" content=\"The CEO of Japanese financial giant SBI Holdings Inc. has made an extremely bullish prediction for XRP and Ripple Labs as a company.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBI Predicts XRP Price Surge, Expects Ripple Verdict In Weeks\" \/>\n<meta property=\"og:description\" content=\"The CEO of Japanese financial giant SBI Holdings Inc. has made an extremely bullish prediction for XRP and Ripple Labs as a company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T17:25:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:58:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414\" \/>\n\t<meta property=\"og:image:width\" content=\"2121\" \/>\n\t<meta property=\"og:image:height\" content=\"1414\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks\",\"datePublished\":\"2023-06-12T17:25:43+00:00\",\"dateModified\":\"2024-06-11T07:58:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\"},\"wordCount\":555,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414\",\"keywords\":[\"Ripple\",\"SBI\",\"xrp\"],\"articleSection\":[\"Ripple\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\",\"name\":\"SBI Predicts XRP Price Surge, Expects Ripple Verdict In Weeks\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414\",\"datePublished\":\"2023-06-12T17:25:43+00:00\",\"dateModified\":\"2024-06-11T07:58:22+00:00\",\"description\":\"The CEO of Japanese financial giant SBI Holdings Inc. has made an extremely bullish prediction for XRP and Ripple Labs as a company.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414\",\"width\":2121,\"height\":1414,\"caption\":\"Ripple XRP\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/wncen.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"SBI Predicts XRP Price Surge, Expects Ripple Verdict In Weeks","description":"The CEO of Japanese financial giant SBI Holdings Inc. has made an extremely bullish prediction for XRP and Ripple Labs as a company.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/","og_locale":"en_US","og_type":"article","og_title":"SBI Predicts XRP Price Surge, Expects Ripple Verdict In Weeks","og_description":"The CEO of Japanese financial giant SBI Holdings Inc. has made an extremely bullish prediction for XRP and Ripple Labs as a company.","og_url":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-06-12T17:25:43+00:00","article_modified_time":"2024-06-11T07:58:22+00:00","og_image":[{"width":2121,"height":1414,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414","type":"image\/jpeg"}],"author":"Jake Simmons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks","datePublished":"2023-06-12T17:25:43+00:00","dateModified":"2024-06-11T07:58:22+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/"},"wordCount":555,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414","keywords":["Ripple","SBI","xrp"],"articleSection":["Ripple"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/","url":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/","name":"SBI Predicts XRP Price Surge, Expects Ripple Verdict In Weeks","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414","datePublished":"2023-06-12T17:25:43+00:00","dateModified":"2024-06-11T07:58:22+00:00","description":"The CEO of Japanese financial giant SBI Holdings Inc. has made an extremely bullish prediction for XRP and Ripple Labs as a company.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414","width":2121,"height":1414,"caption":"Ripple XRP"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with wncen.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/wncen.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks","url":"http:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","sbi","xrp"],"dateCreated":"2023-06-12T17:25:43Z","datePublished":"2023-06-12T17:25:43Z","dateModified":"2024-06-11T07:58:22Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"SBI CEO Predicts Massive XRP Price Surge, Expects Ripple Verdict In Few Weeks\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/sbi-predicts-xrp-price-surge-ripple-verdict-in-weeks\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/iStock-1415215518.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/iStock-1415215518.jpg?fit=2121%2C1414\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"sbi\",\"xrp\"],\"dateCreated\":\"2023-06-12T17:25:43Z\",\"datePublished\":\"2023-06-12T17:25:43Z\",\"dateModified\":\"2024-06-11T07:58:22Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/06\/iStock-1415215518.jpg?fit=2121%2C1414","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/537511"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=537511"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/537511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/537514"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=537511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=537511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=537511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}