Blockchain.com is the latest exchange to announce dropping XRP

Blockchain.com is the latest exchange to announce dropping XRP
фото показано с : invezz.com

2021-1-6 15:12

XRP, formerly the third-largest cryptocurrency, has fallen out of grace with seemingly everyone over the past few weeks. Ever since the US Securities and Exchange Commission (SEC) filed a lawsuit against its parent company, Ripple, both the firm and its coin have been losing supporters.

Now, Blockchain.com is the latest entity to pull the plug on XRP as a consequence of it being accused of being a security by the US regulator.

Blockchain.com to stop XRP trading and deposits

According to Blockchain.com, the exchange plans to completely halt XRP trading on its platform. The exchange and wallet provider announced yesterday, January 5th, that XRP trading will be available for only a little longer than a week — until January 14th.

After this date, deposits on the platform will no longer be possible. However, Blockchain.com will still allow users to withdraw XRP coins for a bit longer. Even so, users should consider either withdrawing or selling their XRP while they still can, as XRP seems to be losing support rather quickly.

Other major exchanges, including even Binance.US — a subsidiary of the world’s largest exchange by trading volume, Binance — also announced that they will delist the coin rather soon. Binance itself plans to remove XRP on January 13th.

Ripple in trouble: SEC lawsuit took away its supporters

Ripple Labs, a crypto startup based in California that created XRP, also experienced quite a bit of criticism and abandonment. The company has been facing a lawsuit from its own investors for years, now.

But, it appears that not a lot of people paid too much attention to it, and banks around the world kept entering into a partnership with the firm. However, when the SEC made the same accusations, Ripple found itself lacking supporters.

One of its biggest partners, MoneyGram, came out with a statement that it doesn’t use Ripple’s technology for making transactions almost immediately after the lawsuit. MoneyGram turning its back on Ripple, in addition to the lawsuit and all the negativity caused XRP price to crash by over 70%, effectively isolating it from the current rally that its peers in the crypto market are seeing right now.

The change of events even affected Coinbase, which was accused of profiting from XRP sales while knowing that it was a security.

The post Blockchain.com is the latest exchange to announce dropping XRP appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Доступно / Всего 1.123b SAFEX

xrp exchange filed lawsuit against sec commission

Источник: invezz.com

xrp exchange → Результатов: 126


Kraken Becomes Latest Exchange to Halt XRP Trading

Kraken announced on Jan. 15 that it would halt trading in XRP for US residents. The company made the move because of the Securities and Exchange Commission (SEC) filing against Ripple Labs. Kraken sets parameters The exchange specified that US residents would still be able to deposit, hold, and withdraw XRP after the freeze takes … Continued The post Kraken Becomes Latest Exchange to Halt XRP Trading appeared first on BeInCrypto.

2021-1-17 15:58


XRP United Launches as First Complete Cryptocurrency Exchange Catered to Ripple’s Coin

An XRP based exchange has finally been launched. The revelation was made by respected XRP community member @BankXRP, saying the first full XRP based exchange is now available for trade. Based in Estonia, XRP United exchange was officially launched on 23rd October, 2018, giving the cryptocurrency community the advantage to test drive the exchange on […]

2018-10-24 22:57


Фото:

Bloomberg fatal records Crypto Advertise File From World’s Third Biggest Trade Huobi

Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi’s Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP),

2018-6-21 22:40


Фото:

High Chance Amazon Will Partner With Ripple (XRP) In 2018

Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) in 2018. Ripple, an international real-time gross settlement company dealing in currency exchange, supports cryptocurrency exchanges and flat coins, has been exploring growth expansion into the banking sector.

2018-6-20 17:30


Фото:

Confirmation Regarding Ripple XRP As A Security, What’s Been Said?

The security debate continues to surround Ripple and Ripple XRP, the native currency to the Ripple network. Very recently, the United States Securities and Exchange Commission (SEC) have spoken out stating that both Bitcoin and Ethereum do not carry the necessary attributes to be considered a security however, there’s still no official news regarding XRP.

2018-6-18 14:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto whales move 283 million XRP, stir market frenzy

XRP, the cryptocurrency backed by Ripple Labs, has caught the attention of crypto market participants today, May 20, as significant whale transactions have created a buzz. These movements come amid a period of highly volatile price action for XRP, prompting traders and investors to speculate on potential gains.

XRP Holders In Panic Selling Frenzy? Sub-$0.50 Looms

The price of XRP, the native token of Ripple, seems to be teetering on the edge of a short-term decline, according to an analysis of on-chain data by NewsBTC. While bulls might want to hold their horses, the report paints a picture of a market potentially succumbing to selling pressure in the immediate future.

Tether CEO slams Ripple chief’s USDT remarks: Here’s what he said

Tether CEO Paolo Ardoino has slammed Ripple CEO Brad Garlinghouse’s remarks that the US government is “going after” Tether (USDT) as mere “FUD.” The Tether CEO also hit back at Garlinghouse as a CEO at the helm of a company currently under investigation by the US Securities and Exchange Commission (SEC). UDST is the world’s […]