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Learning & News => News related to Crypto => Topic started by: newshunter on January 01, 2021, 01:00:48 PM

Title: Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020)
Post by: newshunter on January 01, 2021, 01:00:48 PM

Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020)

The digital asset manager has reduced its holdings of both cryptocurrencies significantly. 

Source: Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020) (https://cointelegraph.com/news/grayscale-reportedly-dumps-massive-stakes-in-xrp-xlm)

Would appreciate your opinion about this

Title: Re: Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020)
Post by: juv3ntus1 on January 01, 2021, 03:03:41 PM

Till the all storys with the SEC is over probably will see more news like that.It's really bad for the people who are holding this coins.

Title: Re: Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020)
Post by: TomPluz on January 02, 2021, 02:49:21 AM

It is official: SEC is killing XRP and this is sending that big message to all of the cryptocurrency industry to never mess with the government or the government will be hunting you and hand down your own notice of burial. Personally, I am hoping that soon XRP can be able to get away from this ordeal unscratched but for now it has to bleed to death with no clear path of how it can survive with the onslaught. However, I am surprised with the decision of Grayscale to also lessen significantly its holding on XLM...hmmm what can be its reason, maybe afraid that SEC will also be going after it?