Coinbase says "There is no solution" Was made for Ripple

‘No decision’ on new assets, says Coinbase amid Ripple rumors

Coinbase is pushing back on stories that it may soon add Ripple’s XRP token to its current trading pairs.

The speculation comes after it was revealed that Coinbase COO and President Asif Khirji may be getting closer to Ripple CEO Brad Garlinghouse on a special episode of CNBC’s “Fast Money” on March 6. Moreover, despite any firm confirmation of the alleged listing, the price of XRP rose to more than $1 on Monday.

After an hours-long radio blackout over the issue, Coinbase took to Twitter to push back on the rumors, saying that its January listing declaration for new cryptocurrencies — which fine-grained elements of how “a committee of internal experts” ultimately makes those decisions — has not changed.

Our statement of January 4, 2018 remains in effect: we have not decided to add additional assets to either GDAX or Coinbase.

CNBC’s prepared segment did not say whether Garlinghouse and Hirji would be on the panel or appear separately. Host Melissa Lee tweeted a screenshot of the promo for today’s crypto-themed segment, which also features Passport Capital founder John Burbank and Social Capital founder and CEO Chamat Palihapitiya.

A Ripple spokesperson declined to comment on the rumours.

Another great month for Ripple, XRP cryptocurrency has not weathered a significant loss since its all-time highs in early January.

XRP won the attention of its customers, raising up to 1000 percent earlier this year, as well as new customers; his blockchain startup became the talk of the crypto industry in 2018.

However, it’s important for newcomers to be aware that the root of all this enthusiasm is linked to the startup’s specific claims – specifically, that its technology could transform international payments by improving the antiquated methods followed for payments and money between major financial institutions.

According to Ripple, its products are not only cheaper and faster, but also proudly touts them as more methodical than services currently available in the market, a claim that highlights the use of cryptocurrency and blockchain technology in the first place.

Coinbase has just been inundated with Ripple enthusiasts eager to see their coins appear on the popular mainstream exchange.

Rumors that Ripple’s XRP is next in line after Bitcoin Cash hit a fever pitch this week among hyped coin types, with some reading between the lines of CNBC’s Fast Money segment on Tuesday, featuring Ripple CEO Brad Garlinghouse and President Coinbase Asif Hirji. in what appears to be a panel discussion on cryptocurrency trends.

Speculation based on the Fast Money segment sent XRP up to $1.07, about 6% higher than its weekly average. Ripple’s XRP remains the only coin in the top five by market capitalization that is not available on Coinbase, although given XRP’s centralized nature and very different goals compared to other cryptocurrency projects, its absence isn’t all that surprising. However, there is a lot of interest in the trade, and these things do not prevent Coinbase from adding XRP in the future, should it choose to do so.

Any claims to the contrary are untrue and not authorized by the company.” After this statement, XRP modestly fell back to its previous average values.

The company also refers to a January 5 blog post about the criteria for adding new assets. This post states that “Coinbase will only announce the addition of new assets via a post on our blog or through other official channels.” The company probably doesn’t want to repeat the chaos surrounding the introduction of Bitcoin Cash. Support for Coinbase’s newest asset was officially announced well in advance, but the rollout itself has been overshadowed by massive premiums, trading suspensions and an internal investigation into insider trading.