Some brand new tweets are currently fueling rumors that Binance is on its way to make a massive move with XRP. There is a photo of Binance CEO Changpeng Zhao with Ripple Senior Vice President Ethan Beard and TechCrunch founder Michael Arrington which just posted.
The image was taken from the office of Liechtenstein Cryptoassets Exchange (LCX), a Binance backed fiat-to-crypto exchange that just launched.
After the photo was posted, Zhao was really quick to reply, and he joked saying that he could post a similar photo that might “reveal too much.”
— Michael Arrington (@arrington) August 16, 2018
The Ripple community on Twitter reacted with joy
Ripple’s Twitter community was quick to react, speculating that this may be a sign that Binance could add XRP to the new exchange as a fiat-to-crypto option, adopt xRapid, or add XRP as a base pair to its leading crypto exchange.
With the help of #XRPthebase, the Ripple community has been doing its best in order to convince Binance to add XRP as a base pair is a great fit.
Please do the dance when the announcement is made!! 😎 pic.twitter.com/MDiYUH5pWA
— C (@ptownfire) August 16, 2018
This would be beneficial due to the speed of the digital asset. More than that, the addition would also allow XRP to be traded straight on the platform with other cryptocurrencies.
A class-action suit against Ripple is heading to Federal Court
This is excellent news, and it follows the announcement that a judge decided to deny an attempt to keep a lawsuit against Ripple in California.
It all started when XRP investor Ryan Coffey claimed that Ripple Labs and CEO Brad Garlinghouse had violated some securities laws via the company’s sale of XRP.
The man tried to keep the case in California instead of having it taken in federal court, but his efforts were eventually denied.
As expected, Ripple’s lawyers argued that the case should be dismissed, because nothing is true.