BitDigest December 28 · Issue #811
Dec 28, 2020
Author
- Bitcoin breaks $28,000 driving the entire crypto market before sliding back below $27,000 over the past 24-hours
- Turkey is investigating CBDC
- Crypto entities turning on XRP
Market Responds to XRP ChargesCrypto entities are responding to the SEC’s XRP charges with leading market actors halting activity in XRP:
- Bitwise liquidated its entire position in XRP (approximately 3.8%) in its hotly traded Bitwise 10 Crypto Index Fund (OTCQX: BITW).
- Both Jump Trading and Galaxy Digital have stopped making markets in XRP.
- Bitstamp has halted XRP trading and deposits for US customers
- Coinbase reportedly has not made any decision and is in a “holding pattern” on the topic of suspending / delisting XRP.
- London-based digital exchange, B2C2 has stopped trading XRP with US clients.
- No word from Grayscale Investments who as of their last update (December 24th) has $10.3 million in AUM of XRP in its dedicated trust and any additional XRP investments through its publicly traded Grayscale Digital Large Cap Fund (OTCQX: GDLC).