Users are reporting on a so-called 'price glitch' on the Gemini crypto exchange, which has seen the price of XRP spiking up to $50 on one occasion.
However, some observers suggest it may be the result of a thin order book and low liquidity, given the recent listing. One onlooker, in particular, said they saw someone place a sell order at $50, adding that someone may have accidentally"fat-fingered" a market order at that price:While others jokingly commented it was merely a forecast of where the XRP price will go in the future.Meanwhile, as of Aug.
“We are currently performing maintenance on the Gemini platform and so all services are currently unavailable. All customers assets and funds remain secure. We will provide updates here once we have more information to share.”Gemini also noted it had disabled cryptocurrency deposits and withdrawals on Aug. 10, 10:45 am UTC. Source: Geminiagain for trading on the crypto exchange on Aug. 10.
It comes after United States District Court Judge Analisa Torres ruled in the Ripple’s case against the Securities Exchange Commission that
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