• Bitstamp, a Luxembourg-based crypto exchange, has teased the XRP community with an upcoming announcement.
• The video clip hints that it will take XRP to the next level but does not disclose what the development is.
• Bitstamp has a partnership with Ripple and holds a minority stake in the company.
Bitstamp Teases Big XRP Announcement
Cryptocurrency exchange Bitstamp has tweeted a short video clip with the caption “Tomorrow” and XRP-related hashtags, teasing the XRP community of an upcoming announcement. The video suggests that it will take XRP to the next level but does not disclose what the development is.
XRP Community Guessing Announcement
Some members of the XRP community have made guesses about what the announcement could be. Panos, founder of Digital Generation Finance suggested that it could be full integration of XRPL or connecting DEX to order books while another user, wEeZiE speculated that it may be related to Ripple’s minority stake acquisition in Bitstamp.
Bitstamp’s Partnership With Ripple
Bitstamp has served as a gateway for facilitating access to RippleNet as a partner for Ripple’s On-Demand Liquidity (ODL). Ripple president Monica Long said that their recent stake acquisition in European crypto exchange Bitstamp will help further grow their international presence and diversification beyond payments.
Price Impact Of Announcement
Per analysis, this so-called announcement could likely set up asset up for a price surge however there is no confirmation yet if this is indeed true or not.
Conclusion
The upcoming announcement by Bitstamp and its partnership with ripple have got many speculating on what it could be but until then we can only wait and see what they have planned in store for us!