Bitstamp Teases Big XRP Announcement – Crypto Community Excited

• Bitstamp, a Luxembourg-based cryptocurrency exchange, has teased a major XRP announcement to be made on August 2.
• The community is speculating the announcement could be related to Ripple’s minority stake acquisition in Bitstamp or full integration of XRPL into its platform.
• Ripple President Monica Long has said that the company’s stake in Bitstamp will help them grow their international presence and diversification beyond payments.

Bitstamp Teases Big XRP Announcement

Crypto exchange Bitstamp has tweeted a short video clip with the caption “Tomorrow” and XRP-related hashtags, hinting at a major XRP announcement today. This has caused members of the XRP community to speculate what it could be about.

Speculations from Community

Some guesses include that Bitstamp is planning to announce a full integration of XRPL or DEX connected to order books, as suggested by Panos, founder of Digital Generation Finance. Another user identified as “wEeZiE” stated that it could be related to Ripple’s minority stake acquisition in Bitstamp which would facilitate access to the Ripple network.

Ripple’s Relationship with Bitstamp

Ripple (XRP) Has a Deep Relationship with Bitstamp according to „wEeZiE“. Ripple president Monica Long said the company’s recent stake acquisition in European crypto exchange. Bitstamp will help further grow the company’s international presence and diversification beyond payments.

XRP Whale Movements

Whales have also been moving huge amounts of XRP recently after hitting an all-time high earlier this week. This suggests there may be some big news coming up for the crypto asset soon which could contribute towards further price growth for this digital currency.

Conclusion

The exact details of today’s announcement are yet unknown but many expect it will be positive news for those who hold or trade in XRP given its current market momentum and past relationship between these two companies. Whatever this announcement turns out to be, we can expect it will bring more attention and excitement around both companies involved in this partnership going forward.