Bittrex joins Coinbase in delisting Ripple’s XRP following SEC lawsuit
Major exchanges scramble to disassociate themselves with XRP as Ripple tries to regain control of the narrative. Cryptocurrency exchange Bittrex announced on Dec. 29 that it will be removing all XRP markets starting from Jan. 15, 2021. Trading pairs affected are BTC/XRP, ETH/XRP, USDT/XRP and USD/XRP.The announcement comes just days after fellow exchange Coinbase said that it would suspend trading in XRP from Jan. 19.XRP’s fortunes have taken a significant downturn since the United States Securities and Exchange Commission unveiled a lawsuit against XRP issuer Ripple last week.The lawsuit....
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The news that the United States Securities and Exchange Commission had issued a lawsuit to XRP token parent company Ripple and its two top executives, sent shockwaves throughout the crypto industry. But its domino effect is only just starting, according to the analyst who ahead of time called the recent Coinbase “delisting” that sent XRP […]
Binance.US and eToro are the latest exchanges to discontinue XRP trading in America as Ripple faces the SEC's enforcement hammer. Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the United States.Announcing the news on Thursday, eToro revealed that U.S. customers will not be able to trade XRP starting Jan. 3, 2021. Customers with existing trades at the time will have three weeks from that date to close all open positions, the platform added in its statement.For Binance.US, the....
Despite past claims, Dash insists that it's no more private than Bitcoin A recent tweet from Dash’s official Twitter account has invited criticism that the cryptocurrency, which once advertised its privacy features, is wilting in the face of possible regulatory scrutiny. On Jan. 1, the US-based Bittrex exchange announced in a tweet that it would be delisting Monero, Zcash, and Dash:#Bittrex Customers: The $XMR, $ZEC, and $DASH markets will be removed on Friday, January 15th at 23:00 UTC. Details: https://t.co/8qAdjuwryJ— Bittrex (@BittrexExchange) January 1, 2021 The delistings follow a....
Ripple’s native token XRP was among the best performers in the cryptocurrency space even as its delisting across exchanges picked momentum. The XRP/USD exchange rate surged by more than 40 percent on a 24-hour adjusted timeframe, hitting an intraday high of $0.328. Measured from its bottom of $0.17 from December 30, the pair was trading […]
Ripple’s ongoing legal battle against the US Securities and Exchange Commission (SEC) is known to have had some negative effects on the company. And now, Ripple’s Chief Technology Officer (CTO) David Schwartz has given an insight into how much the lawsuit has affected the company. SEC’s Lawsuit Made Ripple Lose Stablecoin Deal Schwartz revealed during […]