Crypto Exchange Gemini Teases Hint Of XRP Relisting Soon – Crypto News – Crypto News
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Crypto Exchange Gemini Teases Hint Of XRP Relisting Soon – Crypto News

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crypto news: United States based crypto exchange Gemini on Friday dropped a subtle hint on plans to soon relist XRP token on its platform, following Ripple’s recent victory in the US Securities and Exchange Commission (SEC) lawsuit. This development comes at a time when most of the top crypto exchanges by trading volume had reinstated XRP trading following the July 13, 2023 Summary Judgment by Judge Analisa Torres. After Coinbase and Kraken relisted the token, Gemini appears to be next in line for the same.

Also Read: France To Make Wholesale CBDC A Key To Digital Assets And Tokenized Assets

Judge Torres effectively reopened the doors for XRP trading on US crypto exchanges thanks to her ruling that the token sale does not amount to securities. Hence, the token’s trading volumes rose significantly while the XRP price jumped by as much as 60% almost immediately.

Gemini To Soon Relist XRP?

On July 13, the exchange informed that it was exploring the listing of XRP for both spot and derivatives trading on its platform, considering the ruling in favor of Ripple. In a fresh hint, the official Twitter handle of Gemini Commented with a ‘Thinking Face Emoji’, to a query on whether Gemini is going to relist the token or not.

On the other hand, Gemini cofounder and chief executive officer Cameron Winklevoss expressed bullish sentiment around Bitcoin accumulation. He said The great accumulation of Bitcoin began with the recent flurry of spot Bitcoin ETF filings.

Also Read: XRP Ruling: Legal Expert Predicts Timeline For US SEC Appeal

Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com/BitcoinReddy

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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