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XRP Deposits and Withdrawals to Be Temporarily Suspended on Bitrue on This Date: Details

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Thu, 9/02/2023 - 10:45
XRP Deposits and Withdrawals to Be Temporarily Suspended on Bitrue on This Date: Details
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Singapore-based crypto exchange Bitrue says it will be performing routine maintenance on the XRP wallet, and it will temporarily suspend deposits and withdrawals on XRP.

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"Bitrue will be performing some maintenance for XRP Wallet on 2023-02-09 at 06:00 (UTC). The maintenance will take about 1 hour," an official blog post reads.

However, the trading of XRP pairs will not be affected during maintenance. This is not a cause for concern, as Bitrue says it will reopen deposits and withdrawals after the maintenance is complete, although without further notice.

At the time of writing, XRP was down 1.62% to $0.393, in line with the recent crypto market declines.

SEC to make potentially big announcement

In a recent tweet, FOX Business journalist Eleanor Terrett shared a scoop: the United States Securities and Exchange Commission might soon make a potentially big announcement.

Terrett cited unnamed sources: "My SECGov sources tell me," she wrote. The journalist was unsure if it could have something to do with a Krakenfx settlement following a closed meeting.

Terrett's tweet has sparked speculation, with some enthusiasts teasing a Ripple settlement with the SEC.

Related

While these expectations are good, CryptoLaw founder John Deaton believes that the Ripple case might not settle until after a decision is made by Judge Torres.

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