Ripple’s XRP Relisted on CEX.io
After a two-year hiatus, Ripple’s XRP has been relisted on CEX.io, one of the oldest cryptocurrency exchanges. This means that you, as a CEX.io user, can now buy, sell, convert, and withdraw XRP within the exchange’s product ecosystem. The relisting was directed toward satisfying the exchange’s US clientele.
Ripple Secures Victory Against SEC
The news comes months after Ripple secured a major victory against the SEC when XRP was deemed not a security (when trading on secondary markets) by the Judge. This is an important development for the future of XRP and its trading status.
Fake News Triggers Price Drop
Rumors of a fake XRP ETF started spreading on social media, causing a 12% price drop shortly after. According to a pro-Ripple lawyer, these types of fake news are scams that individuals can pull off by paying $500. This serves as a reminder to be cautious about the information you consume in the crypto space.
Ripple vs. SEC Legal Battle
The Ripple vs. SEC legal battle is set for a grand trial next spring, with Ripple currently holding an advantageous position after winning three partial court victories. Experts predict a decisive win for Ripple in 2024, anticipating a potential XRP price rally and increased cryptocurrency sector enthusiasm.
After a two-year hiatus, Ripple’s XRP has been relisted on CEX.io, one of the oldest cryptocurrency exchanges.
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