Crypto News: United States based crypto exchange Gemini on Friday dropped a subtle hint on plans to soon relist XRP token on its platform, following Ripple’s recent victory in the U.S. Securities and Exchange Commission (SEC) lawsuit. This development comes at a time when most of the top crypto exchanges by trading volume had reinstated XRP trading following the July 13, 2023 Summary Judgment by Judge Analisa Torres. After Coinbase and Kraken relisted the token, Gemini appears to be next in line for the same.
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Judge Torres effectively reopened the doors for XRP trading on US crypto exchanges thanks to her ruling that the token sale does not amount to securities. Hence, the token’s trading volumes rose significantly while the XRP price jumped by as much as 60% almost immediately.
Gemini To Soon Relist XRP?
On July 13, the exchange informed that it was exploring the listing of XRP for both spot and derivatives trading on its platform, considering the ruling in favor of Ripple. In a fresh hint, the official Twitter handle of Gemini commented with a ‘Thinking Face Emoji’, to a query on whether Gemini is going to relist the token or not.
On the other side, Gemini cofounder and chief executive officer Cameron Winklevoss expressed bullish sentiment around Bitcoin accumulation. He said the great accumulation of Bitcoin began with the recent flurry of spot Bitcoin ETF filings.
Also Read: XRP Ruling: Legal Expert Predicts Timeline For US SEC Appeal
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Source: https://coingape.com/xrp-price-ripple-news-gemini-relisting/