What's More, Even Coinbase Wants To List XRP Today!

<p>&nbsp;"Will the price of XRP break through $1 after Coinbase relists it?'</p><p><br /></p><p>Cryptocurrency giant Coinbase intends to relist Ripple (XRP) on its platform after a victory in a case between XRP and the Securities and Exchange Commission (SEC) reportedly sided with the digital asset.</p><p><br /></p><p>Coinbase, which will allow XRP trading later today, has warned its customers not to send the digital asset to other networks as their funds could be lost forever.</p><p><br /></p><p>Once the supply of the digital asset is sufficient, trading on the XRP/USD, XRP/USDT and XRP/EUR pairs will be launched in stages but support for XRP may be limited in some jurisdictions.</p><p><br /></p><p><br /></p><p>This is because Coinbase itself has a pending lawsuit with the SEC, however investors are very optimistic that XRP's victory will help the crypto exchange to fight the regulator's allegations.</p><p><br /></p><p>In addition to pushing the price of XRP past $0.94, the positive sentiment surrounding the digital asset also fueled the rise of other cryptocurrencies including Bitcoin (BTC) which was able to retest the important level at $31,500.</p><p><br /></p><p>On the other hand, the Summary Judgment in favor of XRP has received praise from several prominent personalities in the Web3 world, among them is Cardano (ADA) founder Charles Hoskinson.</p><p><br /></p><p>According to Hoskinson, the decision from Judge Analys Torres is a huge victory for the entire crypto market as he has highlighted every aspect of the transactions that make up XRP's operations and it also confirms that XRP is not a security token.</p><p><br /></p><p>Although the lawsuit between XRP and the SEC is currently not fully resolved, the new development of the digital asset could help the ADA from being aggressively acted upon by the SEC.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *