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XRP Coinbase Relisting Rumor

The rumor of XRP Coinbase relisting has sent XRP prices soaring. What makes it different from Ripple, Ether, and Bitcoin? What is its utility? Read on to find out! XRP has a number of unique features that set it apart. Here are three reasons why you should consider XRP over Bitcoin and Ether. We’ll also discuss its future prospects.

XRP price pumping due to rumor about possible relisting on Coinbase

A rumor is circulating in the crypto market that Coinbase is planning to relist XRP. The 4th largest cryptocurrency exchange is reportedly working on the listing. Coinbase recently announced that they will add XLM, a rival cryptocurrency to XRP. This news has XRP investors excited, but it also has some bearish elements. XRP price may crash further if this rumor is proven false.

The SEC has sued Ripple, but the exchange has not commented on the matter. A recent lawsuit filed by the SEC against Ripple and two of its executives could have triggered the XRP price spike. Coinbase has also denied a rumor that it will relist XRP. XRP is currently listed on Bexplus, a global cryptocurrency derivatives trading platform. The rumor was triggered by a tweet from a community member.

A community member tweeted that XRP could relist on Coinbase. The exchange has not confirmed the news yet, but Armstrong is supporting Ripple’s fight against the SEC. XRP was previously suspended by Coinbase, triggering a significant price crash. However, rumors of XRP’s relisting on Coinbase appeared to cause a spike in its price. While the news was premature, it does indicate that XRP could be primed for another 74% rally as the key technical pattern matures.

While Coinbase initially denied the rumors of a relisting, Ripple has since fallen 10% as the cryptocurrency fell on the news. Moreover, the rumor of Coinbase listing prompted many in the crypto community to call for a relisting, which would be a sign of solidarity with Ripple against the SEC.

While it’s a good thing, Ripple may be in for a bumpy ride. The SEC has filed a lawsuit against Ripple in December of last year. The lawsuit claimed that Ripple and its associates violated the securities laws by not being registered on Coinbase. In June, the SEC asked for a two-month extension in the case. The extension was granted and XRP’s price rose from $0.51 to $1.39.

XRP utility distinguishes it from Bitcoin

One of the main differences between Bitcoin and XRP is their utility. Both currencies are digital payment networks based on the blockchain concept. Bitcoin uses miners to verify and add transactions to its public ledger on a regular basis. Miners are rewarded with BTC in return for their efforts. XRP has no such limitations and is a more convenient alternative to Bitcoin for everyday use. Here are some of the key differences between these two currencies.

Unlike Bitcoin and Ether, XRP can be exchanged for real money, and it is a popular alternative to fiat currencies like USD and EUR. Ripple is constantly redefining its utility to make it more appealing to investors. It is now the currency of choice for businesses and individuals. Moreover, it has more utility than any other digital currency. It is used to facilitate payments, exchanges, and other services that other cryptocurrencies don’t have.

The SEC claims that XRP is superior to Bitcoin, because its issuance process is far more transparent than Bitcoin’s. Bitcoin and Ether are issued through an elaborate process that ties to an electronic ledger. New crypto units are issued to users who validate transactions. This process leaves a huge carbon footprint and generates 48.5 billion pounds of CO2 annually. However, XRP’s utility outweighs those of Bitcoin, which is still far more widely used.

XRP Ledger: The XRP Ledger uses a native cryptocurrency known as XRP, which all users in the network can send and receive. In addition, all accounts in the network must maintain a small amount of XRP as a reserve to offset the costs of maintaining the network. While this reserve and transaction cost are neutral fees, XRP transactions are faster and cheaper than Bitcoin.

Ripple’s SEC lawsuit against the digital asset is fundamentally flawed. It alleges that XRP lacks utility and that it is being used in a “common enterprise” with Ripple. This allegation is based on a misunderstood understanding of crypto and its utility. As a result, Ripple’s legal case against it may ultimately shape the future of bitcoin and the blockchain industry.

XRP utility distinguishes it from Ether

Ripple’s XRP cryptocurrency has received positive press from the recent SEC suit. The SEC claims that XRP is a security, based on the ‘Howey test’ from a 1946 Supreme Court ruling. This lawsuit has implications for all cryptos in the U.S., but the XRP utility separates it from Ether. The judge’s comments also give some hope to Ripple Labs, the company behind XRP.

Ripple has argued that XRP is a more viable currency than Ether because of its utility. The utility of XRP is what separates it from Ether and Bitcoin. But that argument may not be entirely correct. The SEC has not officially determined whether Ether or bitcoin are securities, but it has ruled that XRP is a more convenient form of payment than either.

The XRP Ledger is the unique feature that distinguishes XRP from Ether. While the XRP Ledger doesn’t reward network participants for validating transactions, it’s a currency and cannot be mined by third parties. The currency has a limit of 100 billion units, half of which is held in escrow by Ripple and sold periodically. While the utility of XRP is the most significant feature, XRP’s utility largely equates to its legality.

Ripple’s XRP utility is arguably its strongest benefit, but its lack of regulatory oversight has also hindered its growth. Coinbase and Kraken have both delisted XRP, which has led to a decline in its price. Meanwhile, Kraken has restricted XRP use to non-U.S. customers. Furthermore, MoneyGram has said it will not continue to use Ripple’s platform. Although initially, the company stated that it would wait for further regulatory clarity before using the Ripple platform.

As a result, Ripple’s XRP price has risen above the $1 mark since the SEC lawsuit. It’s up almost 11% since the suit was filed on February 19. After the suit, Ripple’s XRP is up 259% in a year and has nearly erased its monthly losses. The SEC’s lawsuit is an attack on the currency’s utility.

XRP utility distinguishes it from Ripple

The utility of XRP in xRapid transactions is twofold. Its transaction times are three seconds faster than those of other digital assets. Furthermore, banks can source liquidity on-demand in real-time. They do not have to pre-fund nostro accounts before transferring funds. These are just a few of the XRP advantages. Further, banks can use the digital asset to purchase goods and services.

The SEC filed suit against Ripple in January, and Ripple’s executives reacted quickly by declaring they would defend themselves in the XRP court case. Coinbase has since announced that it has delisted the XRP token. The SEC argued that the Ripple executives did not provide the SEC with a fair notice of their plan to sell XRP tokens. However, in the end, the judge ruled that XRP does have currency value and utility.

While the SEC’s case against Ripple is still ongoing, the discovery hearing in the SEC suit against Ripple has produced surprising bombshells for the company. The judge sided with Ripple’s attorneys who argued that XRP is more of a currency than a security. Ripple attorneys pointed to XRP’s utility in a letter to the SEC asking for a no-action letter for transactions in Ripple’s token.

The SEC’s case against Ripple is based on an entirely flawed analysis of XRP. The SEC has presented numerous arguments to increase its chances of a legal victory. One of the most ridiculous, according to lawyer John Deaton, is that XRP lacks utility. The SEC’s lawsuit was not filed before the Ripple ICO was. The SEC’s lawsuit also indicates a lack of understanding of crypto.

XRP's Relisting on Coinbase Could Lead it to $1

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With the relisting on Coinbase, XRP has a strong chance to hit $1. This is a huge milestone for the cryptocurrency, which has already tested the psychological level of $1.00 for the first time in three years. The price of XRP currently stands at $0.01, but it could potentially reach $1 if the company goes public on April 14th. Read on to find out what could go wrong with this IPO.

XRP relisting on Coinbase

XRP is being widely speculated about a possible relisting on Coinbase, the publicly traded cryptocurrency exchange. Coinbase has denied rumors that it is planning to relist the cryptocurrency. But a technical error has caused the price of the cryptocurrency to fall by as much as 10%. Nevertheless, the XRP price rose in response to this development and Coinbase clarified that XRP is not re-listing on the exchange.

Earlier in September, the XRP token was accidentally added to Coinbase’s trading pairs. It was quickly removed. The company says that the mistake was caused by a technical glitch and that they are ready to add the cryptocurrency back to their platform. As of right now, XRP is trading at about 0.65 USD. Nonetheless, XRP enthusiasts remain concerned. The XRP community is not giving up easily.

Although the recent spike in the price of XRP was caused by rumors of the currency’s relisting on Coinbase, it has been unable to break through multiple hurdles. The first hurdle is the 200 four-hour Simple Moving Average (SMA) at $1.14. The next obstacle is the 78.6% Fibonacci retracement level at $1.21. Once the price of XRP breaks the SMA at $1.14, it would likely reach the 50 four-hour SMA at $1.22. However, if XRP breaks through this level, there is likely to be a substantial amount of buying pressure.

Although the lawsuit is ongoing, the Ripple team recently won several victories in court. The legal team has shown persistence and is now attempting to force the SEC to settle. The court case could be settled by agreement or by a summary judgment. In any case, the case is going Ripple’s way, and it’s embarrassing for the SEC. It’s important to remember that cryptocurrency exchanges don’t list every coin. The SEC’s stances are deteriorating, and XRP is not one of them.

SEC lawsuit

The SEC’s lawsuit against Ripple’s relisting is going better than expected. Perhaps the SEC is realizing that crypto is unpopular and that attacking it will only hurt consumers. Former SEC executive William Hinman has made comments that XRP was not a security, and he said that in a deposition. However, Ripple’s legal counsel argued that Hinman’s statements were inaccurate and that important portions of the deposition were sealed.

Despite the SEC’s lawsuit, XRP has remained strong and could easily double in value again, according to one billionaire pundit. The SEC’s actions have been largely ignored by Asian exchanges, which are less sensitive to regulatory news coming out of the U.S. Coinbase relisting is expected to trigger a “Coinbase effect” in which newly listed coins are sold to more investors and gain credibility.

Ripple’s legal team has recently recorded several procedural victories in the case and has argued that the SEC’s position is increasingly weakening. The SEC’s lawsuit against XRP has slowed the cryptocurrency’s price, and Ripple’s legal team has demonstrated that they have the ability to fight it. However, there is still no definitive outcome for the case, and Ripple’s legal team has been busy making the most of these opportunities.

The SEC is suing Ripple Labs after the cryptocurrency was delisted on Coinbase in January. While Ripple has denied the allegations, there are still a number of crypto investors who want to buy XRP. To buy XRP on Coinbase, you’ll need to download the Atomic Wallet app to your computer. After that, you’ll need to install the Atomic Wallet app.

Price spike

Coinbase’s relisting of XRP may have triggered a price spike after Ripple’s recent lawsuit with the SEC. This news is a positive sign for XRP holders and speculators. The news of a Coinbase relisting has been the driving force behind the recent rally in XRP price. A community member who tweeted about the news noted that the relisting of XRP on Coinbase has caused a price spike since Ripple’s first public listing in December.

Since March, the major crypto-exchanges haven’t relisted XRP because of the SEC lawsuit. Since then, they’ve been awaiting regulatory clarity regarding the coin. The delisting of XRP on most exchanges was followed by a suspension of trading on most platforms. This news comes just a few weeks after Coinbase’s announcement of plans to list XRP on their platform.

While the SEC’s lawsuit against Ripple has been dropping, Ripple fans are hoping the crypto platforms will finally lift the ban on XRP. That would boost the momentum of Ripple and lead to its mainstream adoption. But it’s too early to tell whether this will happen. Ripple is still holding out hope. Its legal team is putting together a strong legal team and is determined to win.

The SEC’s action is unlikely to have much impact on the XRP market, which is why the SEC’s ruling is less relevant for Asian exchanges. Besides, Asian investors are less sensitive to news from the U.S., so XRP will still have a significant amount of value outside of the U.S. It’s possible that the SEC will take action against Coinbase in the coming weeks, but the process of implementing the order is still unclear.

Ripple’s defense

In his latest rant, XRP Holders’ attorney John Deaton argues that a recent SEC ruling against ripple does not violate the law. Ripple has also sought legal advice and guidance from regulators. The memos that were shared with clients are not reckless, and there is no evidence that ripple broke any securities laws. Even if the ruling does stand, Ripple will still need to defend itself in court.

On the other hand, the SEC lawsuit against Ripple Labs was surprising. It triggered fears among XRP holders that the company might cease operations or lose their XRP investments. Deaton emphasized that the company had never sold XRP as part of its investment contracts and proof of stake and work system. Despite this, Ripple’s XRP price recovered to nearly $1 in the aftermath of the discovery victory.

As a result, the SEC also sought to prevent Deaton from intervening in the lawsuit. The SEC argued that the relisting request was motivated by financial motivations. The SEC also argued to the court that Ripple’s relisting request appeared to be motivated by a desire to double XRP’s price. However, this argument was not successful.

The SEC’s lawsuit focuses on whether Ripple abused its market power to promote XRP adoption. However, in Ripple’s defense, Magistrate Judge Netburn stated that XRP has a currency value and utility. Furthermore, the SEC lawyer pointed out that XRP was sold illegally only by Ripple and its affiliates. Nonetheless, if the SEC’s allegations are proved correct, crypto exchanges could relist XRP once more.

Ripple’s IPO

If Ripple’s IPO re-listing happens, it would mark a significant milestone for the crypto currency. Having a regulated listing would help the crypto currency become more widely accessible to investors, including retail ones. Despite the challenges associated with obtaining a U.S. listing, an IPO could pave the way for more ICOs. As the largest external shareholder of Ripple, SBI Group has made it clear that the company’s IPO will pay off its initial investment.

The lawsuit was filed 18 months ago and is unlikely to be settled until the year 2022. In the meantime, XRP’s value has risen along with most other cryptos, and its re-listing could drive the price of XRP even higher. It’s important to note that the lawsuit also presents an opportunity for investors who bought into Ripple during its IPO. Meanwhile, the company continues to expand partnerships and increase its customer base with more traditional financial institutions.

If the SEC wins the case, XRP’s re-listing on Coinbase would boost XRP’s price. Coinbase, which is headquartered in San Francisco, is a reputable crypto-asset exchange. If the IPO re-listing occurs, XRP’s Kurs could spike above $1. Users of Coinbase can buy more than 100 cryptocurrencies on the exchange at true cost.

The case against the SEC is an interesting one for Ripple. Ripple’s XRP is the fourth-largest cryptocurrency by value, and is controlled by San Francisco-based Ripple. The SEC’s action has knocked its value to $0.30 in the past 24 hours. As such, its relisting is critical to its future growth. The SEC’s re-listing of the cryptocurrency could allow Ripple to reach new all-time highs of over $12 per token.

"Choosing the Right XRP Interest Provider

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Earning XRP interest can be a great way to make money in the XRP ecosystem, but you should always choose the right platform to invest in. It is not wise to choose an interest account provider solely based on its interest rate. To make your decision easier, consider reading reviews from Bitcompare or other credible websites. Bitcompare has reviewed almost every major interest account provider. Here’s what you need to know to choose a reputable interest account provider.

NEXO

The benefits of NEXO XRP interest are many. It has competitive interest rates, pays daily, and is regulated by the U.S. Securities and Exchange Commission. Additionally, the app provides notifications and in-app transfers to make the process as easy as possible. If you’re thinking about investing in Nexo, here are three things you should know. NEXO XRP interest is competitive, but not the only benefit.

– You can borrow from NEXO in any amount. You can borrow any amount, and you don’t have to sell your crypto to get the money. Nexo also accepts several cryptos as collateral, and there is no credit check. This means that Nexo XRP interest is a great way to secure the future of your crypto. However, keep in mind that the interest rate depends on your personal financial situation.

– NEXO is offering 8% APY on XRP deposits. To qualify, you have to meet certain criteria. You must hold at least 10% of your portfolio in NEXO tokens. And you must opt for a Nexo fixed account to benefit from the interest rate. Once you meet all of these requirements, you can start investing in NEXO XRP. There are also a few restrictions.

– Nexo also pays daily interest. You can receive a dividend if you’re a platinum customer, or you can buy back your crypto using a reputable exchange. To receive this interest, you must deposit fiat with Nexo and store your crypto on its platform. If you’re not comfortable with this, there are other cryptocurrency options available. NEXO also pays out interest on investments made with its own native tokens.

– Nexo is a world-class lending platform that enables its users to lend their crypto assets to other users. By doing so, you can earn interest on fiat currency, which is a significant benefit compared to traditional loan products. Moreover, there’s no credit check or lengthy loan application process. Plus, the funds can be spent immediately. Finally, the interest rate on Nexo XRP is 5.9% per year.

Bitrue

One of the best things about the Bitrue exchange is that you can deposit and withdraw your cryptocurrency via credit card. Currently, they accept USD and EUR as deposit methods, and are working on adding six more fiat currencies as well. Although it is an entry-level exchange, Bitrue offers outstanding security and uptime records. In addition, it supports multiple crypto-assets and has a robust anti-DDOS protection system.

The Bitrue exchange is built on a multi-level, multi-cluster system that offers a variety of features. XRP trading pairs come with a 0.2% to 0.28% fee. Bitrue users can switch to the active trading platform for more advanced trading capabilities. This platform supports market and limit order types, as well as recent trades. However, futures trading is not recommended for beginner investors due to the high risk of losses.

Bitrue’s Piggy Bank investment product allows you to earn passive income by participating in a staking pool. Once you’ve verified your account, you can deposit funds to be eligible for interest payment. The funds must be deposited into a wallet. Additionally, Bitrue supports a variety of popular tokens. Its Piggy Bank is one of the most convenient ways to earn interest with cryptocurrency.

Signing up with Bitrue is easy. You’ll need an email address and a password. Make sure to create a password that’s unique. Be aware that Bitrue does not support XRP transactions in China, Texas, or New York State, so it’s best to verify your eligibility in those states before signing up. It’s possible that Bitrue will become a profitable investment for you if it continues to grow at a rapid pace.

Another major benefit of using Bitrue is that you can purchase other virtual currencies with XRP as the base currency. You’ll save money by not having to pay transaction fees. Moreover, Bitrue supports BTR lockups, which allows investors to store their digital currency with the company. It doesn’t support fiat deposits, and tends to focus on certain markets. But the upside is that it has lower fees and a higher interest rate for investors.

YouHodler

YouHodler offers a range of stablecoins at attractive interest rates. It offers support for four fiat currencies and over 15 cryptocurrencies. Unlike CoinRabbit, YouHodler lets you borrow as much as you want in stablecoins, paying a 10% interest rate. You can track the balance and collateral of your account and receive notifications when it’s about to be liquidated. This makes YouHodler a good place to borrow cryptocurrencies, but the low interest rates aren’t attractive for all users.

YouHodler offers savings accounts that work just like a traditional bank account. Crypto is deposited into your account and earns interest on a weekly basis. You can also choose the direction your crypto is going and choose which pairings to hold. You can also take advantage of Turbocharge feature and loans. Borrowing cryptocurrency from YouHodler lets you use your crypto as collateral and the service will repay you with interest on your crypto weekly.

In addition to your savings account, YouHodler offers crypto-backed loans. The service has an easy-to-use interface and provides innovative trading tools. With the Turbocharge feature, you can set the price limit for your loan, enabling you to reap the benefits of increased value in your crypto. Moreover, Turbocharge lets you borrow money and set a closing price, which automatically sells part of your collateral. The Turbocharge feature can be repeated up to 15 times.

Crypto-HODLing is an active strategy. With YouHodler, you can use crypto-backed loans as collateral and earn a higher yield. It’s like hedging for the digital currency market, but the benefits are much better: you can keep your cryptos and cash them out whenever you want. It’s easy, flexible, and risk-free. If you’re interested in crypto-housing, YouHodler is the right tool for you.

One of the best aspects of YouHodler is its low interest rates. Unlike its competitors, YouHodler requires a minimum loan of $100. You’ll receive a weekly interest payment on your crypto. To earn the maximum interest, you can choose to put more collateral into your account or sell it when it drops below 2/3 of its Price Down Limit. You’ll also get a notification in your email every time the price drops below the two-third mark.

Celsius

The Celsius exchange offers the chance to earn 1% APR on loans with a 25% loan-to-value. The borrower puts up $4000 in collateral to the exchange, but since the loan is secured, it doesn’t have to pay any interest. Instead, it pays out 1% interest to the borrower, and the bank or institution can then use the money however it sees fit. However, if the borrower defaults, the loan will be cancelled, so the borrower can get more Bitcoin with a higher interest rate.

The Celsius network offers a loyalty program wherein a user’s status in the network reflects the CEL value in their portfolio. Members progress through tiers to earn rewards, including discounts on loan interest. The Celsius network also runs a blog, which offers weekly updates, new offerings, and explanatory articles. If you’re interested in learning more about the Celsius network and investing in their token, follow their blog.

The Celsius app also offers a feature that lets you stake cryptocurrencies for a percentage of the underlying value. Users can choose to stake a certain number of cryptocurrencies and earn interest based on this percentage. The rate is calculated using a price snapshot of each asset and a comparison to advertised annual reward rates. In addition, it offers higher payout rates for CEL, which is the native token of the Celsius ecosystem.

The Celsius network allows users to earn interest on their crypto while at the same time lending them fiat currency. The Celsius network returns 80% of its revenue to the community, so you won’t have to pay any fees. This cryptocurrency lending network also offers loans against fiat currency or stablecoins. Unlike traditional bank loans, it is easy to borrow the funds from Celsius, as the loan is over-collateralized. The interest rates on these loans are 1% – and the loan terms are six months, twelve months, and 36 months. Loan-to-value ratios can range from 25% to 33%.

The Celsius exchange is one of the few centralized cryptocurrency lending platforms that don’t have to be registered with the SEC. To do this, it has filed a Form D, which is an exemption from the requirement to register with the SEC. It only applies to accredited investors. Other companies in the crypto industry have also registered with the SEC, including INX and Arca. The only issue is whether Celsius will participate in Cred’s bankruptcy auction, but it won’t hurt it.”

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