Categories: Blockchain

Coinbase Pro denies XRP relist rumors that are making XRP traders vibrate

This morning four trading pairs XRP / BTC, XRP / USD, XRP, GBP and XRP / EUR unexpectedly appeared on the Coinbase Pro Exchange mobile app.

XRP price soared more than 10% in just a few minutes, with trading volume growing rapidly.

However, Coinbase Pro was quick to quell rumors that it would re-list XRP, and many even concluded that this was a retaliation from Coinbase by the SEC after regulators threatened to sue the product. These two US companies have a common rival, the SEC, and the enemy of the enemy is you.

As previously announced, Coinbase has suspended trading in XRP. Due to a technical problem, XRP was temporarily visible in the Coinbase Pro mobile app for some customers, but not tradable.

– Coinbase Pro (@CoinbasePro) September 10, 2021

In the tweet, the exchange explained that due to a technical error, XRP was temporarily visible in the app, but users were unable to trade.

After Coinbase denied the rumors, XRP declined, causing many traders to skyrocket for “buying on the news”.

Coinbase previously suspended XRP trading indefinitely on Jan. 19 after the SEC accused XRP of being an unregistered security and sued Ripple and two of the company’s executives.

After Coinbase recently announced that it was facing a lawsuit from the SEC, many members of the XRP community have begun pushing the company to support XRP in order to show solidarity and strengthen strength against the SEC dictator.

Thach Sanh

According to AZCoin News

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