Could it be true?
My answer is maybe, sources are saying it’s not such a strong maybe, but I am not so sure.
According to reports flying around, XRP briefly re-appeared on Coinbase pro for a short period of time recently, due to a software glitch, and it is this glitch which has fueled the rumors.
Now, I have seen software glitches like this before on other platforms, and what I can tell you is this: usually when a software glitch like this occurs, it means that the devs are testing new code and features to implement soon.
The new features or additions they are trying to test somehow made it through, and appeared to users of the platform— that’s probably the glitch.
Could I be wrong? Sure, but like I said, stuff like this happens all the time in tech, and it’s usually a precursor of what’s to come.
Here is what we could dig up on this juicy rumor:
As previously announced, Coinbase has suspended trading in XRP. Due to a technical issue, XRP was temporarily viewable on the Coinbase Pro mobile app for some customers but was not tradeable.
— Coinbase Pro (@CoinbasePro) September 10, 2021
— Jordan Adoni 🇮🇱✡ (@jordan_adoni) September 13, 2021
Bitcoinist dissected the rumors, though they claim the likelihood of them leading to a re-listing is low:
Last Thursday, XRP was relisted on Coinbase Pro, with the XRP/USD, XRP/EUR, XRP/GBP, and XRP/BTC pairs available for trading. But this was soon cut short, with Coinbase saying this resulted from a “technical issue,” and XRP trading remains suspended.
As well as that, one Reddit user noted that the Coinbase app states “trading not yet available.” Whereas previously it said, “this asset is not supported by Coinbase.”
— Randy Gummerman (@Gummbyman32) September 13, 2021
— BitcoinPress (@bitcoinpressuk) September 12, 2021
Many XRP enthusiasts and investors demanded that XRP be re-listed on Coinbase according to Coingape:
One user wrote that it’s not the time for infighting and called upon everyone to stay united in the fight against the SEC.
Ripple is currently fighting it out against the SEC in the court with several twists and turns in the case. The main attraction at this point is William Hinman, former SEC executive comments on ETH being a non-security during his tenure.
A part of the deposition revealed that Hinman had informed Ripple about XRP being a security, but Ripple’s legal counsel argued that the deposition was mischaracterized and important parts of it were sealed.
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