COINBASE XRP RELIST
The cryptocurrency world is buzzing! The decision of major exchanges to allow XRP to trade is a symbolic as well as legal and practical victory, even though Ripple s troubles are far from over. The XRP Coinbase Victory. In a tweet sent out at 3:35 p.m. on Thursday, Coinbase, one of the world s most popular cryptocurrency exchanges, said it would permit XRP trading. Do notAfter a long and arduous legal battle, Ripple has scored a significant victory against the Securities and Exchange Commission (SEC), paving the way for major cryptocurrency exchanges to reconsider their stance on XRP.The most prominent of these is undoubtedly Coinbase, which has announced its intention to relist XRP, much to the delight of the crypto community.This decision marks a turning point, signaling a potential shift in the regulatory landscape and injecting renewed confidence into the market. Coinbase, Kraken, and Others Relist XRP for Trading . U.S. District Judge Analisa Torres determined that XRP is not a security when traded on secondary exchanges, granting Ripple a partial victoryThis comprehensive guide will delve into the details of the court ruling, the implications for XRP, the timelines for relisting on Coinbase and other exchanges like Kraken and Gemini, and what this means for the future of cryptocurrency regulation and investment. In a recent Twitter thread, pro-XRP lawyer Bill Morgan provided insight into why Coinbase, the largest cryptocurrency exchange, has refrained from relisting XRP. According to Morgan, Coinbase s decision not to list XRP is rooted in the legal case against Ripple, which has caused significant uncertainty regarding the regulatory status of XRP.Get ready to explore how this monumental event is reshaping the digital asset ecosystem and what opportunities it presents for both seasoned investors and newcomers alike. America s biggest exchange Coinbase announced to delist of Ripple's XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Steller (XLM) from its wallet product, citing low usage.We'll also touch on the factors that influenced Coinbase's initial decision to delist and the considerations that led to this exciting reversal.
The Landmark Ruling: XRP Is Not a Security (Sometimes)
The catalyst for this wave of relistings is a crucial court ruling by U.S.District Judge Analisa Torres. Coinbase will re-enable trading for XRP following a Thursday court ruling. A U.S. District Judge, Analisa Torres, ruled that Ripple s XRP is not a security when traded on secondary exchanges, even if its institutional sales do meet that definition handing Ripple partial victory in a case that dates back to 2025.The judge determined that XRP is *not* a security when sold on secondary exchanges to retail investors. More major exchanges have reintroduced XRP to their platforms, following a U.S. court ruling on Thursday morning. Kraken, Crypto.com, and Bitstamp have all greenlit trading of the cryptocurrency, which is the native token of the Ripple protocol after Coinbase did the same. The rush to make XRPThis is a partial victory for Ripple, as the ruling also stated that XRP sales to institutional investors *did* meet the definition of a security. Coinbase Global (NASDAQ:COIN) will relist Ripple Labs' XRP after a U.S. District Court judge ruled that the digital token is not a security in terms of sales to the general public, the cryptoHowever, the critical takeaway is that the widespread trading of XRP on platforms like Coinbase doesn't fall under the SEC's regulatory purview.This distinction is crucial because it removes a significant legal hurdle that exchanges faced when considering listing or relisting XRP.
This ruling essentially differentiates between how XRP was initially sold to institutional investors (potentially as an unregistered security) and how it's traded by the general public on exchanges. In a significant turn of events, large cryptocurrency exchanges Coinbase, Kraken, Bitstamp, and Gemini announced their decision to relist XRP after a significant legal victory for Ripple against the Securities and Exchange Commission (SEC).The key argument that resonated with the judge was that secondary market buyers didn't necessarily expect their purchase to directly fund Ripple's efforts in the same way that institutional investors did.
Coinbase's Swift Response: Relisting XRP
Coinbase, one of the world's largest and most reputable cryptocurrency exchanges, wasted no time in responding to the court's decision. Coinbase's relisting of XRP follows the House of Representatives' passing of the FIT21 bill on Wednesday. The bill, which received strong bipartisan support, will provide clear rules to guide theShortly after the ruling was announced, Coinbase publicly stated its intention to re-enable trading for XRP. Trading is anticipated to begin later today, if liquidity conditions are met, Coinbase wrote in its CoinbaseAssets Twitter account. Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT and XRP-EUR trading pairs will launch in phases. Support for XRP may be restricted in some supported jurisdictions.This announcement sent ripples (pun intended!) throughout the crypto market, with XRP experiencing a dramatic price surge. Following Judge Analisa Torres s decision, the value of XRP soared more than 75%. Coinbase and Kraken among exchanges to relist XRP after court ruling vs. SEC. BY Ben Weiss.The speed of Coinbase's response underscores the significance of the ruling and the pent-up demand for XRP trading among its users.
When Will XRP Trading Resume on Coinbase?
While Coinbase hasn't provided a precise date, their initial announcement indicated that trading could resume as early as the same day as the ruling (July 13th). Coinbase has finally decided to relist XRP following the landmark ruling from Judge Torres on the Ripple case which stated that XRP is not a security. In a major development for the market, Coinbase, one of the leading cryptocurrency exchanges, has announced its decision to relist XRP (XRP) on its platform.The exchange stated that they would re-enable trading ""once sufficient supply of this asset is established."" They plan to launch trading in phases for the following trading pairs: XRP-USD, XRP-USDT, and XRP-EUR. The relisting on Coinbase comes after rival exchange Uphold almost went offline after a massive retail buyup of the XRP coin on the exchange. Overall, the positivity in the XRP market is helping to fuel a revival that has seen Bitcoin (BTC) retest the psychologically important level above $31,000.It's crucial to monitor Coinbase's official channels, such as their Coinbase Assets Twitter account, for the latest updates on the relisting progress.
Keep in mind that support for XRP may be restricted in some supported jurisdictions, so users should check their local regulations before attempting to trade.
Other Exchanges Follow Suit: Kraken, Gemini, and More
Coinbase wasn't the only major exchange to jump on the XRP relisting bandwagon. Kraken was among the first to react, immediately enabling XRP trading on its platform.Other exchanges like Crypto.com and Bitstamp have also greenlit the trading of the cryptocurrency. Gemini has also announced that they are exploring listing XRP for both spot and derivatives trading given the recent ruling.
- Kraken: Already relisted XRP for trading.
- Coinbase: Announcing relisting with phased roll-out.
- Gemini: Exploring relisting options.
- Crypto.com: Greenlit XRP trading.
- Bitstamp: Greenlit XRP trading.
This widespread adoption of XRP trading across multiple exchanges further validates the court ruling and strengthens the case for XRP's legitimacy as a tradable digital asset.The momentum is building, and it's likely that more exchanges will follow suit in the coming weeks and months.
Why Did Coinbase Delist XRP in the First Place?
To understand the significance of the relisting, it's important to remember why Coinbase delisted XRP in the first place.In December 2020, the SEC filed a lawsuit against Ripple Labs, alleging that XRP was an unregistered security.This lawsuit created significant regulatory uncertainty, prompting Coinbase and many other exchanges to suspend XRP trading to avoid potential legal repercussions.
The fear was that if the SEC prevailed in its case, exchanges that listed XRP could be held liable for facilitating the trading of an unregistered security.Delisting was a precautionary measure taken to protect the exchanges and their users from potential regulatory penalties.
The Impact on the XRP Price and Market Sentiment
The court ruling and the subsequent relistings have had a profound impact on the price of XRP and overall market sentiment.Immediately following the announcement, the price of XRP soared, experiencing gains of over 75% in a single day.This price surge demonstrates the strong investor interest in XRP and the market's anticipation of its return to major exchanges.
The positive news surrounding XRP has also had a ripple effect on the broader cryptocurrency market, contributing to a general sense of optimism and renewed confidence. Coinbase s decision to relist XRP will likely be influenced by the SEC s classification of XRP as a security, a claim that Ripple has vehemently denied. If Ripple wins the lawsuit, it could have significant implications for the wider cryptocurrency industry, particularly with respect to the classification of cryptocurrencies as securities.Even Bitcoin (BTC) retested levels above $31,000, showing the market-wide positive impact of this news.
The Future of XRP: Challenges and Opportunities
While the court ruling and relistings are undoubtedly positive developments for XRP, it's important to acknowledge that Ripple's legal battles are far from over.The SEC still has the option to appeal the ruling, and the portion of the ruling that deemed institutional sales of XRP as securities remains a point of contention.
Key Challenges Remaining
- SEC Appeal: The possibility of the SEC appealing the ruling introduces ongoing uncertainty.
- Institutional Sales Ruling: The classification of institutional sales as securities requires careful consideration and potential adjustments to Ripple's business practices.
- Regulatory Clarity: The need for clearer regulatory frameworks for cryptocurrencies in the US and globally.
Opportunities Ahead
Despite these challenges, the future looks brighter for XRP.The relistings on major exchanges like Coinbase provide increased liquidity and accessibility, making it easier for investors to buy and sell XRP.The ruling also clarifies the regulatory landscape for secondary market trading, which could attract more institutional investors who were previously hesitant to engage with XRP.
Furthermore, Ripple continues to develop and expand its enterprise blockchain solutions, which leverage XRP for cross-border payments and other financial services. Coinbase Global announced Thursday (July 13) that the digital token XRP, which is owned by Ripple Labs, will be relisted on the crypto exchange. TheThese real-world use cases provide fundamental value to XRP and support its long-term growth potential.
Coinbase's cbXRP and the DeFi Integration
Adding another layer to the exciting developments, Coinbase is also venturing into the world of Decentralized Finance (DeFi) by launching cbXRP on Base, their Layer-2 blockchain.This move aims to bring XRP into the DeFi realm, enhancing its utility and accessibility. The ruling has also prompted exchanges like Coinbase to relist XRP starting today. In a tweet on Thursday, Coinbase Assets confirmed that it will re-enable trading of XRP on XRP network, starting at 1:45 PT.By wrapping XRP, Coinbase is enabling it to be used in various DeFi applications, such as lending, borrowing, and yield farming.The introduction of cbXRP could potentially boost the demand and price of XRP as it opens up new avenues for its usage and participation in the growing DeFi ecosystem.
This operation is not just a technical feat; it reveals a much broader strategic ambition within the crypto ecosystem.By launching cbXRP and cbDOGE on Base, the exchange brings XRP and Dogecoin into the realm of DeFi.
XRP and the FIT21 Bill: A Step Towards Regulatory Clarity?
The relisting on Coinbase comes shortly after the House of Representatives passed the Financial Innovation and Technology for the 21st Century (FIT21) bill. As wrapped XRP and DOGE become more accessible in the DeFi ecosystem, traders will be monitoring whether the added utility could influence liquidity and price momentum. XRP Holds Above $2.18 Support as Traders Eye Breakout. XRP is currently trading around $2.19 after a prolonged consolidation phase.This bill, which received strong bipartisan support, aims to provide clearer regulatory rules for the cryptocurrency industry.While the FIT21 bill is still in its early stages, its passage signals a growing recognition of the need for a more comprehensive and consistent regulatory framework for digital assets in the United States.Clear regulations can have a significant impact on the crypto market.
If passed into law, the FIT21 bill could provide further clarity and certainty for exchanges and investors, potentially leading to increased adoption and investment in cryptocurrencies like XRP.
Expert Opinion: Paul Grewal on XRP Relisting
Paul Grewal, Chief Legal Officer (CLO) at Coinbase, has been vocal about the possibility of relisting XRP. As a result, voices have now been raised in the community that Coinbase, as the largest American exchange, should relist XRP. The original call came from LBRY, which wrote via Twitter: Coinbase should relist XRP. Under the SEC vs LBRY standard, XRP sold by secondary holders is not a security.In a recent interview, Grewal explained that if the District Court decides that secondary market sales of Ripple's XRP token are not securities, it would significantly impact the relisting of the XRP token.Grewal's insights highlight Coinbase's cautious but optimistic approach to the XRP situation.
His statements indicate that Coinbase was closely monitoring the legal proceedings and was prepared to act swiftly once the regulatory landscape became clearer. Coinbase will re-enable XRP trading after a mixed court ruling. It s time to relist, Chief Legal Officer Paul Grewal said. Coinbase said Thursday that it will re-enable trading of XRP after a federal court ruled that some transactions on exchanges didn't constitute the sale of securitiesGrewal emphasized the importance of regulatory clarity in guiding Coinbase's decisions regarding cryptocurrency listings.
What This Means for XRP Holders and Potential Investors
The Coinbase XRP relist news is a significant victory for XRP holders and a potentially attractive opportunity for new investors. XRP Coinbase Relisting, Possible Or Not? In a recent interview, Paul Grewal, Coinbase s legal chief explained the possibility of relisting XRP on Coinbase.The host asked Grewal that if the District Court decides that secondary market sales of Ripple s XRP token are not securities, how would that affect the relisting of XRP token?Here's a breakdown of what this means:
- Increased Liquidity: Relisting on major exchanges like Coinbase provides greater liquidity, making it easier to buy and sell XRP.
- Improved Accessibility: XRP is now accessible to a wider audience of investors on popular platforms.
- Positive Price Impact: The relisting has already contributed to a significant price increase for XRP, and further gains are possible.
- Renewed Confidence: The court ruling and relistings have restored confidence in XRP's legitimacy as a tradable digital asset.
However, potential investors should exercise caution and conduct thorough research before investing in XRP. After Coinbase, Gemini also announced its plans to relist XRP on its platform. The exchange announced that given the latest ruling that the sale of XRP on exchanges is not a security, Gemini is exploring the listing of XRP for both spot and derivatives trading.The cryptocurrency market is inherently volatile, and the outcome of Ripple's legal battles remains uncertain. XRP-Koers Schiet Omhoog. Na de aankondiging is de XRP-koers met 70 procent gestegen en staat op het moment van schrijven op $0,795. Ter vergelijking, de prijs lag gisteren nog rond de $0,47. De overwinning in de rechtszaal en de daarop volgende relisting van XRP op Coinbase, hebben duidelijk een positieve impact gehad op de XRP koers.It's essential to understand the risks involved and invest only what you can afford to lose.
Staying Informed: Actionable Advice for XRP Traders
Here are some actionable steps you can take to stay informed and make informed decisions about XRP trading:
- Monitor Coinbase's Announcements: Follow Coinbase's official channels, such as their Coinbase Assets Twitter account, for updates on the XRP relisting process.
- Stay Up-to-Date on the Ripple Lawsuit: Keep track of the latest developments in the SEC vs.Ripple lawsuit to understand the ongoing legal risks.
- Conduct Thorough Research: Research XRP's fundamentals, including its use cases, technology, and team, before investing.
- Manage Your Risk: Only invest what you can afford to lose and use risk management tools like stop-loss orders to protect your capital.
- Diversify Your Portfolio: Don't put all your eggs in one basket.Diversify your cryptocurrency portfolio to reduce your overall risk exposure.
Frequently Asked Questions (FAQs) about Coinbase XRP Relist
Q: When will XRP be relisted on Coinbase?
A: Coinbase has stated that it will re-enable trading of XRP once sufficient supply is established.They will launch trading in phases for XRP-USD, XRP-USDT, and XRP-EUR trading pairs. In a new interview, Paul Grewal, Chief Legal Officer (CLO) at Coinbase has now spoken in detail about the issue and explained what the process of a XRP relisting will look like. Coinbase had suspended trading of XRP in January 2025, shortly after the SEC filed its case, and has since kept the token suspended despite vocal demands from the XRPMonitor Coinbase's official announcements for updates.
Q: Is XRP a security?
A: A U.S.District Judge ruled that XRP is *not* a security when sold on secondary exchanges to retail investors, but *is* a security when sold to institutional investors.This ruling is still subject to potential appeal by the SEC.
Q: Why was XRP delisted from Coinbase in the first place?
A: Coinbase delisted XRP in December 2020 following the SEC's lawsuit against Ripple Labs, alleging that XRP was an unregistered security.This was a precautionary measure to avoid potential legal repercussions.
Q: What other exchanges are relisting XRP?
A: Besides Coinbase, other exchanges like Kraken, Crypto.com, and Bitstamp have also greenlit XRP trading. While XRP was previously listed on Coinbase, it was delisted following the SEC's lawsuit against Ripple Labs. Whether or not Coinbase chooses to relist XRP in the future will likely depend on the outcome of the lawsuit and any regulatory developments in the cryptocurrency space.Gemini is exploring relisting options.
Q: What are the risks of investing in XRP?
A: The cryptocurrency market is volatile, and the outcome of Ripple's legal battles remains uncertain.Potential investors should conduct thorough research and manage their risk accordingly.
Conclusion: A Significant Step Forward, But Proceed with Caution
The Coinbase XRP relist is a monumental event for Ripple, the XRP community, and the broader cryptocurrency market.It represents a significant victory in the ongoing battle for regulatory clarity and validates the potential of XRP as a tradable digital asset.However, it's crucial to remember that the legal landscape is still evolving, and challenges remain. UPDATE (J:43 UTC): Adds Coinbase potential listing of XRP as soon as Thursday. UPDATE (J:12 UTC): Updates to add XRP trading is live on Kraken.As such, investors should proceed with caution, conduct thorough research, and manage their risk effectively.The relisting could signal a new era for XRP. Coinbase opens a new era for two iconic cryptocurrencies. By launching cbXRP and cbDOGE on Base, the exchange brings XRP and Dogecoin into the realm of DeFi. This operation is not just a technical feat: it reveals a much broader strategic ambition within the crypto ecosystem. Coinbase launches cbXRPThe future of XRP hinges on continued regulatory developments and Ripple's ability to navigate the remaining legal challenges.By staying informed and making informed decisions, both current holders and potential investors can navigate this evolving landscape and capitalize on the opportunities that lie ahead.Watch for further developments from the SEC, and follow Coinbase and other exchanges for more relisting announcements.This is not investment advice.Always consult a financial professional before making any investment decisions.The current situation is a crucial development for all parties involved.
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