Coinbase, the number one U.S. exchange, suspended XRP trading at 6:30 PM UTC. The move — which was prompted by the SEC lawsuit against Ripple — was initially announced on Dec. 29.
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Tue, 01/19/2021 - 08:55
Jed McCaleb Dumps 28.6 Million XRP After 25-Day Pause
XRP has lost over three percent shortly after Coinbase halted trading, dipping below the psychologically important $0.30 level.
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According to Messari data, Coinbase Pro is the third-largest exchange in terms of daily XRP trading volume.
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Rivaling exchange Kraken is also set to abandon XRP on Jan. 29.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team