Coinbase to Relist XRP on XRP Network After Two-Year Absence Following SEC Ruling
Coinbase has announced that it will relist XRP on the XRP network, subject to liquidity requirements being met. Trading of XRP is expected to begin later today, with Coinbase planning to launch trading on its XRP USD, XRP USDT, and XRP EUR trading pairs in stages. This decision comes after XRP was delisted from Coinbase in January 2021 due to concerns surrounding its security and regulatory status. However, a recent court ruling has clarified that XRP does not meet the definition of a security according to the SEC's guidelines, paving the way for Coinbase to reinstate trading activities for XRP. While this is a positive development for XRP users and signifies increased adoption potential, it is important to note that XRP remains a highly fluctuating form of cryptocurrency and investors should carefully consider associated risks before investing.
Attorney Deaton Says Hinman Docs Release Impacts SEC Case Against Ripple Executives
According to attorney John Deaton, the release of the Hinman documents makes it impossible for the SEC to argue that Ripple executives Brad Garlinghouse and Chris Larsen were reckless in distributing XRP.
Ripple's New Report Shows Promise for Blockchain, but XRP Struggles to Overcome Short-Term Hurdles
According to Ripple's 2023 New Value Report, over 90% of finance industry leaders believe that blockchain and digital assets will have a significant impact on business, finance, and society in the next three years.
XRP has been quietly RELISTED on Canadian exchange Bitbuy
According to @MasonVersluis , XRP has been quietly RELISTED on Canadian exchange Bitbuy.
Ripple Submits Evidence Document to UK Parliament on Benefits of XRP and Crypto Adoption
Ripple has submitted a written evidence document to the U.K. parliament discussing the potential benefits of XRP and other cryptocurrencies to the country's economic and financial standing. The document highlights the efforts at communication between Ripple and the U.K. government regarding crypto adoption and acknowledges the U.K.'s existing fintech success, infrastructure, and talent.
XRP's Price Hovers on Crucial Line Amid Potential Impact of U.S. CPI Data and LBRY Lawsuit Loss
XRP's price is currently at a critical point that will determine whether it will break out or experience a sell-off. While Bitcoin and Ethereum are experiencing gains, XRP is only up by 0.1%.
XRP Influencer Invites Crypto Community to XRP Gold Coast 2024 Conference
Crypto Eri, a top XRP influencer, has announced the upcoming XRP Gold Coast 2024 Conference on Twitter, inviting the wider crypto community to attend. The conference, themed "A Wave of Innovation," will feature discussions, presentations, and workshops on the latest advancements in the XRPL and XRP ecosystem.
Analysts Identify XRP Buy Signal and Crucial Support/Resistance Levels for Potential Breakout
Market analysts have identified a buy signal for XRP, with crucial support and resistance levels highlighted. The TD Sequential indicator has presented a buy signal for XRP on the 3-day chart, indicating a potentially favorable opportunity for investors.
XRP's Social Dominance Increases, But On-Chain Data Suggests Recovery May Require More Than Just Social Boost
XRP's social dominance has risen, indicating a possible recovery, but further on-chain data is required for a price increase. Despite struggling to recover from a prolonged decline, emerging market trends suggest a potential turnaround for XRP.
Wealthy XRP Investors Continue to Amass Large Amounts of XRP Despite Market Volatility
Despite the volatility of the market, on-chain data shows that wealthy XRP investors have continued to accumulate large amounts of XRP since late February. These investors have been persistently amassing more XRP tokens, with large whale investors accumulating 1.1 billion XRP tokens since late February, worth around $570 million.
