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[aryan4]

According to the official announcement from the Coinbase exchange, on Tuesday, January 19, 2021, at 10:00, XRP transactions will be suspended on the platform.
It is a very important development. How do you think this development will affect XRP?

 

[aryan4]

When this news came, XRP was trading at approximately $ 0.28.

With the news, it tested $ 0.22 levels in about 1.5 hours.

 

[leithy]

Ripple dropped to almost 17 cents in last 24 hours but has recovered to 22 cents according to coinmarketcap.com. There is obviously still trading in Ripple which means there are buyers hoping for a recovery.

 

[Brain]

According to the official announcement from the Coinbase exchange, on Tuesday, January 19, 2021, at 10:00, XRP transactions will be suspended on the platform.
It is a very important development. How do you think this development will affect XRP?

Apparently it will be on the negative, because suspending means that they will make investors to withdraw all their funds to other crypto currency

 

[aryan4]

Apparently it will be on the negative, because suspending means that they will make investors to withdraw all their funds to other crypto currency

Unfortunately, similar news continues to come from other stock exchanges after this news.

Crypto.com announced yesterday that it will suspend, and today the Bittrex exchange announced that it will suspend it by making the same decision.

 

[Brain]

Unfortunately, similar news continues to come from other stock exchanges after this news.

Crypto.com announced yesterday that it will suspend, and today the Bittrex exchange announced that it will suspend it by making the same decision.

It really an awful time for ripple and the exchanges delisting it is kind of making it worse. I just hope investors would still have faith to invest in after this crisis

 

[gammarays]

That's enough time to allow holders move out their funds from the platform. It'll surely record it's all time lowest if time is not taken. Such a terrible time for a crypto with so much potentials.

 

[leithy]

If you have to exchange the ripple you have on coinbase to another coin where will the exchanged ripple be held? If, and it is if, ripple win the case will the exchanges that delisted ripple relist it or will they not take the risk?

 

[aryan4]

At this time, there are rumors that there may be a lawsuit against the Coinbase exchange regarding XRP.
I hope this job does not hurt the stock markets.

 

[Josemendez]

I think these cryptocurrency exchange sites that are suspending ripple transaction are afraid of losing from the sells they allowed when the verdict fail to favour ripple . Ripple will surely win

 

[Farhanaslam007]

I have been purchased Ripple for a long time. I was waiting about its increasing trend but I listened about its flaws. Binance and other wallets starting cancelling its trading. After some days I sold all of my xrp in loss.
I think there disturbance created by the company.

 

[Wisdom01]

I think coinbase should still comsider xrp trading because a lot of investors have really made loss from the coin and they are holding to see if the price can still imcrease

 

[sagefave]

As more exchanges suspends trading of ripple, the acceptability of ripple for transactions has now reduced while most investors are dumping their own holdings of ripple to avoid total loss.

 

[Niftyicon]

The news has been out for a few days now about Coinbase being sued over this issue. I think we would still see more exchanges suspend ripple transactions for the time being.

 

[achawaskey]

Unfortunately the prise of XRP will continue to come down in as much as many exchanges are beginning to delist it from there platform. XRP will begin to see the light of the day after the law suit.

 

[BullyMaguire]

I thought this was only for US traders? I still believe that XRP will not stay down permanently it's still constantly going up and down. There's still a lot of people whose not selling their huge holdings