XRP price drops 37% as Coinbase announces it will suspend trading on January 19BTC $26,370 (-1.4%) • ETH $714 (-2.2%) • XRP $0.18 (-37.2%)
Ad: SwissBorg — One app. 4 exchanges. Best rates. Download the App → On Monday, Dec. 28, Coinbase's Chief Legal Officer, Paul Grewel, announced via a Medium post that Coinbase will suspend XRP trading on January 19, 2021, pending the SEC lawsuit against Ripple Labs. In the post, Grewel noted:
In addition, the post stated that "trading may be halted earlier as needed to maintain our market health metrics," making it entirely possible that trading could even be halted prior to January 19. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. Trending … 🚜 DeFi Tokens • 🔮 Oracle Tokens • 📈 Biggest Gainers • 💵 Stablecoins Featured videoPolkadot vs. Kusama, why the two “cousin” blockchains are here to stayPolkadot emerged as one of the biggest “Ethereum killers” this year, with its high throughput, low-fee network, and the demand for such features booming as the DeFi sector surged in 2020. It is maintained by five individual teams. More news ⏬This stablecoin project just moved from Ethereum to Tezos; here’s whyStably announced its collaboration with the Tezos ecosystem in a release this week. PoS cryptocurrencies Cardano (ADA) and Polkadot (DOT) surge double digit percentagesTwo of the biggest cryptocurrencies surged skyward over the weekend amidst greater retail interest and improving fundamentals. Tokenlon’s Head of Growth on the challenges of building a decentralized exchange, crypto predictions for 2021 and moreCryptoSlate recently had the opportunity to chat with Lucas Huang, the Head of Growth at Tokenlon, a popular decentralized exchange (DEX). After Bitcoin surged to $28,000 and Ethereum hit $740, analysts have begun to fear a correctionAnalysts have begun to fear a crypto market correction despite the Christmas rally. Why this fork of the DeFi’s Yam Finance just surged 5,000% on the dayIf you were around during this past summer’s decentralized finance (DeFi) boom, you likely remember the countless “food forks.” After Yam Finance (YAM) launched in August, every project tried to copy it by making cryptocurrencies that were based on foods. Bitcoin logs $28,000 all-time high, but there’s no retail interest (yet)Bitcoin prices zoomed to $28,000 last week, but one key element of the market remains missing. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article. If you liked this post from CryptoSlate, why not share it? |
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XRP price drops 37% as Coinbase announces it will suspend trading on January 19