BitcoinWorld

Coinbase
Latest News

Coinbase CEO Displays Support For Ripple and XRP While It Battles SEC

Coinbase CEO Brian Armstrong shows support for Ripple in its fight against the U.S. Securities and Exchange Commission.

Furthermore, Coinbase CEO Armstrong males series of tweets, noting the company’s case is seemingly going
“better than expected.”

More so, Armstrong says that attacking the crypto industry and hurting investors is “politically unpopular.”

So, Coinbase CEO goes on to say.
“The irony is that the people they are supposedly protecting are the ones attacking them.”


Coinbase CEO Recent Tweets Looks Like XRP Relisting Is Imminent


Furthermore, Coinbase CEO Armstrong’s tweets brings rumors about potentially relisting XRP.

Recall, in Jan 19, The exchange halts XRP trading after the SEC’s lawsuit against Ripple. Which of course, causes a massive price drop for XRP.

Notwithstanding, XRP is still strong, tripling in value since its lawsuit. As crypto mogul Mike Novogratz recently notes:

“The value of $XRP has actually almost tripled since the SEC actions. It hasn’t plummeted…”
“It’s a testament to the fact that once communities are…”
“formed with shared interest they are damn resilient.
https://t.co/0IPcd8wyuN
— Mike Novogratz (@novogratz) October 17, 2021

Related Posts –

DonAlt, Crypto Analyst Says That Altcoins May Suffer As Bitcoin Makes…

Chainalysis Adds Bitcoin To Its Balance Sheet, As NYDIG Offers Help

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.