XRP has led a strong rebound in the cryptocurrency market, rising 20% this week amidst various regulatory developments. The SEC has delayed its decision on the Bitwise 10 Crypto ETF and faced criticism from XRP, which disputes the SEC's refusal to delay their appeal. Notably, Gary Gensler has asserted that the SEC has never classified Bitcoin or Ethereum as securities. In addition, Trump’s World Liberty transferred $61 million in ETH, while Congressman Emmer was named vice chair of a crypto subcommittee. Investors speculate a Bitcoin breakout may occur before the January FOMC meeting, although some analysts predict a dip due to looming inflation. Standard Chartered advises purchasing BTC below $90,000, anticipating that recent accounting rule changes will benefit Bitcoin. In the broader blockchain landscape, developments include Deribit considering a sale for $5 billion, Osprey's efforts to convert its BTC trust into an ETF, and ongoing expansion efforts by TON Blockchain in the US. The DeFi sector's mindshare continues to grow, showcasing increased interest and investment in decentralized finance alternatives.

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