{"id":553379,"date":"2023-09-28T15:50:38","date_gmt":"2023-09-28T15:50:38","guid":{"rendered":"https:\/\/uniquehot.com\/?p=553379"},"modified":"2024-06-11T07:49:36","modified_gmt":"2024-06-11T07:49:36","slug":"bitcoin-xrp-price-receive-boost-following-this-coinbase-announcement","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/bitcoin-xrp-price-receive-boost-following-this-coinbase-announcement\/","title":{"rendered":"Bitcoin, XRP Price Receive Boost Following This Coinbase Announcement"},"content":{"rendered":"

The Bitcoin and XRP price are showing some green on low-timeframes as certain narratives around the crypto space gain momentum. The cryptocurrencies stayed about two critical levels and could be poised to extend the trend in the coming days. <\/strong><\/p>\n

Related Reading: XRP Price Set To Skyrocket: Crypto Analyst Predicts 1160% Surge Ahead<\/a><\/div>\n

As of this writing, the XRP price trades at $0.50 with a 1% profit in the last 24 hours. In the meantime, Bitcoin recorded a 2.4% profit over a similar period, but the number one cryptocurrency by market cap could underperform XRP and other altcoins.<\/p>\n

\"XRP
XRP’s price trades to the upside on the 1-hour chart. Source: XRPUSDT on Tradingview<\/strong><\/a><\/figcaption><\/figure>\n

Coinbase To Launch Crypto Futures Trading Worldwide<\/h2>\n

Crypto exchange Coinbase recently announced<\/a> the launch of a derivatives platform for its international clients. The US company has been trying to increase its presence overseas as the Securities and Exchange Commission (SEC) tightens regulatory conditions in the country.<\/p>\n

In that sense, the crypto trading venue launched an international arm to grow revenue as spot trading volumes decline<\/a> with the crypto market. Today, the exchange is confirmed to have secured a license with the Bermuda Monetary Authority (BMA) to allow institutions to trade perpetual futures outside the US.<\/p>\n

The company said in an official statement:<\/p>\n

Today, we are excited to announce that Coinbase International Exchange has received additional regulatory approval from the BMA to extend perpetual futures trading to non-US retail customers. In the coming weeks, we will begin to offer eligible customers access to regulated perpetual futures contracts on Coinbase Advanced.<\/p><\/blockquote>\n

This announcement could onboard more traders to the crypto ecosystem to benefit Bitcoin, the XRP price<\/a>, and the entire market. XRP has been among the most popular coins in the past few months following a critical legal victory in the US.<\/p>\n

XRP Price Ready For A Surprise Soon?<\/h2>\n

While the legal scenario in the US is still uncertain for the nascent sector, analyst Brett Hill believes that XRP is one of the coins that will benefit due to its victory against the SEC. The analyst claims that the \u201cFar West,\u201d the era where everything was allowed, is \u201cvirtually over\u201d for the nascent industry.<\/p>\n

If this scenario plays out, tokens with legal support will thrive, and XRP and Bitcoin seem the two likely winners in this new era. Just yesterday, SEC Chair Gensler reiterated that Bitcoin is not a security, according to US law, and a court did the same for XRP.<\/p>\n

Related Reading: Tellor (TRB) Is Up 640% In 2023, Back To 2021 Highs Ahead of Bitcoin, XRP?<\/a><\/div>\n

In that sense, the analyst says that the XRP could \u201ctake you all by surprise\u201d<\/a> in the coming 48 hours while adding<\/a>:<\/p>\n

The golden age of cryptocurrency in the far west is virtually over; coming forward, everything will be regulated by white hats.<\/p><\/blockquote>\n

Cover image from Unsplash, Chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin and XRP price are showing some green on low-timeframes as certain narratives around the crypto space gain momentum. The cryptocurrencies stayed about two critical levels and could be poised to extend the trend in the coming days. Related Reading: XRP Price Set To Skyrocket: Crypto Analyst Predicts 1160% Surge Ahead As of this writing, the XRP price trades at $0.50 with a 1% profit in the last 24 hours. In the meantime, Bitcoin recorded a 2.4% profit over a similar period, but the number one cryptocurrency by market cap could underperform XRP and other altcoins. Coinbase To Launch Crypto Futures Trading Worldwide Crypto exchange Coinbase recently announced the launch of a derivatives platform for its international clients. The US company has been trying to increase its presence overseas as the Securities and Exchange Commission (SEC) tightens regulatory conditions in the country. In that sense, the crypto trading venue launched an international arm to grow revenue as spot trading volumes decline with the crypto market. Today, the exchange is confirmed to have secured a license with the Bermuda Monetary Authority (BMA) to allow institutions to trade perpetual futures outside the US. The company said in an official statement: Today, we are excited to announce that Coinbase International Exchange has received additional regulatory approval from the BMA to extend perpetual futures trading to non-US retail customers. In the coming weeks, we will begin to offer eligible customers access to regulated perpetual futures contracts on Coinbase Advanced. This announcement could onboard more traders to the crypto ecosystem to benefit Bitcoin, the XRP price, and the entire market. XRP has been among the most popular coins in the past few months following a critical legal victory in the US. XRP Price Ready For A Surprise Soon? While the legal scenario in the US is still uncertain for the nascent sector, analyst Brett Hill believes that XRP is one of the coins that will benefit due to its victory against the SEC. The analyst claims that the \u201cFar West,\u201d the era where everything was allowed, is \u201cvirtually over\u201d for the nascent industry. If this scenario plays out, tokens with legal support will thrive, and XRP and Bitcoin seem the two likely winners in this new era. Just yesterday, SEC Chair Gensler reiterated that Bitcoin is not a security, according to US law, and a court did the same for XRP. Related Reading: Tellor (TRB) Is Up 640% In 2023, Back To 2021 Highs Ahead of Bitcoin, XRP? In that sense, the analyst says that the XRP could \u201ctake you all by surprise\u201d in the coming 48 hours while adding: The golden age of cryptocurrency in the far west is virtually over; coming forward, everything will be regulated by white hats. Cover image from Unsplash, Chart from Tradingview<\/p>\n","protected":false},"author":535,"featured_media":553382,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[428,679,1119,78790,4531,13172,15883,78763],"class_list":["post-553379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusdt","tag-xrp","tag-xrp-price","tag-xrp-price-analysis","tag-xrpusdt"],"acf":[],"yoast_head":"\nBitcoin, XRP Price Receive Boost After Coinbase Announcement<\/title>\n<meta name=\"description\" content=\"The Bitcoin and XRP price are showing some green on low-timeframes as certain narratives around the crypto space gain momentum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/uniquehot.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin, XRP Price Receive Boost Following This Coinbase Announcement","url":"http:\/\/uniquehot.com\/news\/ripple\/bitcoin-xrp-price-receive-boost-following-this-coinbase-announcement\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/bitcoin-xrp-price-receive-boost-following-this-coinbase-announcement\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/XRP-Price-XRP-XRPUSDT-Bitcoin-BTC-BTCUSDT.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/XRP-Price-XRP-XRPUSDT-Bitcoin-BTC-BTCUSDT.jpg?fit=640%2C419"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price","btc","btcusdt","xrp","xrp price","xrp price analysis","xrpusdt"],"dateCreated":"2023-09-28T15:50:38Z","datePublished":"2023-09-28T15:50:38Z","dateModified":"2024-06-11T07:49:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin, XRP Price Receive Boost Following This Coinbase Announcement\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/bitcoin-xrp-price-receive-boost-following-this-coinbase-announcement\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/bitcoin-xrp-price-receive-boost-following-this-coinbase-announcement\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/XRP-Price-XRP-XRPUSDT-Bitcoin-BTC-BTCUSDT.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/XRP-Price-XRP-XRPUSDT-Bitcoin-BTC-BTCUSDT.jpg?fit=640%2C419\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price\",\"btc\",\"btcusdt\",\"xrp\",\"xrp price\",\"xrp price analysis\",\"xrpusdt\"],\"dateCreated\":\"2023-09-28T15:50:38Z\",\"datePublished\":\"2023-09-28T15:50:38Z\",\"dateModified\":\"2024-06-11T07:49:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/09\/XRP-Price-XRP-XRPUSDT-Bitcoin-BTC-BTCUSDT.jpg?fit=640%2C419","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/553379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=553379"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/553379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/553382"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=553379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=553379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=553379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}