$98,482.00
-0.28%$3,434.21
2.97%$258.94
1.58%$660.04
2.81%$1.49
-4.10%$0.445943
5.02%$0.999675
-0.11%$1.085
0.30%$3,432.78
3.01%$0.215409
4.40%$0.594879
37.12%$42.57
-1.84%$6.39
15.83%$0.00002728
0.88%$4,063.23
2.37%$97,971.00
-0.74%$9.31
32.58%$17.92
8.03%$521.80
-3.71%$3.53
1.20%$3,433.26
2.97%$0.00002093
3.96%$8.66
1.72%$6.39
4.32%$102.44
2.11%$13.20
5.55%$10.91
7.65%$3,618.16
3.06%$0.156177
3.17%$11.84
6.92%$0.200791
6.12%$1.001
0.17%$0.589718
13.73%$30.14
3.61%$7.97
5.18%$534.87
3.47%$0.155787
0.86%$1.47
13.61%$1.002
-0.18%$0.00004913
2.82%$0.8815
9.43%$9.22
19.08%$0.04424822
14.45%$24.77
0.44%$5.85
19.51%$3.37
6.46%$3.72
-4.74%$7.44
25.96%$2.11
4.80%$51.56
3.98%$165.62
1.55%$0.887476
6.18%$2.28
4.30%$28.47
2.11%$1.67
14.15%$179.27
4.22%$0.920177
17.02%$0.303568
10.92%$0.00025111
2.34%$0.569788
12.49%$0.251921
6.93%$0.997841
-0.50%$1.58
5.89%$3,432.02
3.16%$5.84
4.02%$1.93
8.30%$0.658302
11.04%$6.20
4.25%$3,826.61
2.87%$2.52
9.42%$0.170142
8.37%$3,596.34
2.83%$98,309.00
-0.50%$0.440485
7.77%$1.16
3.34%$1,732.91
4.50%$1.062
4.65%$97,951.00
0.21%$3,524.76
2.95%$1.54
8.04%$22.68
11.06%$0.03708263
22.57%$101.29
7.82%$11.78
5.78%$0.915051
17.68%$71.14
-2.23%$11.00
3.10%$0.00000143
18.26%$0.589788
13.60%$319.27
1.48%$0.02654148
24.60%$1.26
9.91%$0.605269
13.01%$1.41
12.28%$0.02393814
10.62%$0.82353
6.02%$0.02361257
3.13%$0.494042
30.07%$1.18
5.28%$7.40
14.98%$1.57
17.67%$0.183823
10.31%$6.21
9.75%$1.16
17.64%$0.567551
22.16%$3.16
-0.13%$15.00
5.11%$97,810.00
-1.06%$38.02
12.90%$272.87
1.45%$0.00000264
5.89%$3,424.45
2.90%$12.66
9.59%$3.97
6.43%$1.39
4.16%$1.35
10.67%$98,341.00
-0.30%$97,505.00
0.64%$0.818718
1.53%$0.00004684
1.89%$0.445699
5.28%$262.94
1.50%$3,538.03
2.98%$0.761505
7.84%$5.50
6.40%$1.38
4.28%$42.45
10.26%$0.00995484
2.01%$0.058283
6.84%$0.189092
15.26%$0.00834227
12.99%$0.089848
14.38%$0.819459
-0.99%$53.56
12.84%$0.226191
10.47%$0.00188023
6.54%$0.00773314
8.39%$1.001
0.11%$0.273631
11.58%$47.40
96.80%$277.85
3.66%$3,433.42
3.01%$1.58
17.90%$2.17
13.19%$2.25
7.72%$21.13
7.87%$0.103796
12.99%$0.812166
9.18%$0.00992413
5.48%$0.00012401
5.58%$2.35
14.15%$3,433.43
2.93%$2,722.47
0.08%$0.01455199
8.58%$0.995073
-0.24%$0.171862
5.85%$0.503635
10.16%$3,717.40
3.00%$0.208072
11.56%$1.71
16.56%$0.303029
13.55%$1.35
6.80%$69.03
15.78%$0.081088
19.18%$0.592885
11.34%$33.20
-1.34%$0.529729
10.45%$3,435.57
3.05%$0.999365
-0.16%$2.29
10.07%$0.0081108
6.34%$0.079701
-0.64%$0.00000026
6.93%$97,633.00
-1.06%$2.93
15.29%$1.088
2.08%$2,727.05
-0.30%$0.575247
12.84%$98,468.00
-0.25%$3,413.75
3.00%$0.00000051
3.19%$0.392952
10.35%$3,433.18
3.08%$97,930.00
-0.51%$1.20
22.51%$0.00144689
-0.32%$1.00
-0.16%$8.68
3.10%$0.072718
6.28%$0.487541
3.11%$0.261896
12.13%$0.0252017
13.23%$0.00903132
14.34%$3.65
1.06%$13.14
17.41%$3.88
0.54%$0.672171
18.94%$0.259024
22.44%$2.13
16.39%$0.01479094
10.10%$0.823322
8.92%$0.480028
11.25%$2.16
15.53%$3,682.33
3.18%$4.02
6.52%$0.04724202
8.08%$1.064
9.18%$0.00248495
12.67%$8.88
10.67%$1.058
-0.52%$0.999512
-0.10%$0.435957
34.19%$3,429.33
2.89%$3,593.91
3.32%$1.00
-0.09%$49.62
-2.10%$35.03
17.15%$0.00519564
8.72%$3.88
9.77%$0.491647
10.28%$0.999236
-0.21%$1.065
18.01%$6.59
-0.17%$0.04018556
15.46%$96.42
-0.51%$0.00
6.60%$1.063
-0.43%$3.79
3.29%$0.443667
20.97%$0.404143
-1.12%$3,784.91
3.14%$0.392497
6.94%$0.258862
10.49%$1,978.08
-0.20%$0.737116
10.76%$0.344881
5.61%$0.03919124
5.11%$0.00647583
4.48%$0.02582679
11.05%$0.915808
5.05%$98,107.00
-0.42%$3,567.32
0.94%$1.00
-0.18%$0.36952
2.22%$4.67
1.73%$0.03675341
6.25%$51.19
14.77%$0.524877
12.30%
The price of XRP has fallen below $0.2 for the first time since July, just twelve hours after cryptocurrency exchange Coinbase announced that it would suspend trading of the coin.
XRP, currently worth $0.199 according to metrics site CoinMarketCap, has fallen by 31% in the past 24 hours.
Most of XRP’s collapse follows the announcement from Coinbase last night that the exchange would only allow traders to place limit orders for XRP (which execute trades when the XRP reaches a specific price), effectively immediately, and that it would fully suspend trading on January 19.
Coinbase will suspend trading until the lawsuit that the US Securities and Exchange Commission last week slapped on XRP’s creators clears up.
Given the SEC’s recent action against Ripple, all XRP books have been moved to limit only and Coinbase plans to fully suspend trading in XRP on Tuesday, January 19, 2021, at 10 AM PST. Afterwards, users will continue to retain access to their XRP funds. https://t.co/izreZvgHNl
— Coinbase (@coinbase) December 28, 2020
The SEC’s lawsuit, filed last week, alleges that Ripple, the payments company linked with XRP that was founded by the coin’s creators, raised $1.3 billion in unregistered securities sales. It periodically sells XRP from an escrow account to steady the price of the coin.
"Ripple engaged in this illegal securities offering from 2013 to the present, even though Ripple received legal advice as early as 2012 that under certain circumstances XRP could be considered an 'investment contract' and therefore a security under the federal securities laws," alleged the SEC in its filing.
Ripple denies the allegations. “This is an attack on the entire crypto industry and American innovation. By giving the stamp of approval only to Bitcoin and Ether (whose networks are at the mercy of the Chinese Communist Party), the SEC has picked the winner s- disregarding an entire industry outside of these two tokens,” said Brad Garlinghouse, Ripple’s CEO, in a statement shared with Decrypt.
Several other crypto platforms have vowed to cease trading of the coin. OKCoin, Crypto.com and Beaxy are among exchanges that have suspended trading of the coin. Bitwise has liquidated all XRP from its funds.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
