Coinbase says "There is no decision" Developed for Ripple

Coinbase says there is “No Decision” about New Assets amid Ripple rumors

Coinbase is backtracking on rumors that Ripple may soon add an XRP token to current trading pairs.

The speculation came after Coinbase CEO and president Asiff Hirge revealed that he could be seen closely with Ripple CEO Brad Garlinghouse on a special edition of CNBC’s Fast Money program on March 6. Moreover, despite any harsh confirmation of the probable list, the price of XRP rose above $ 1 on Monday.

After hours of radio interruptions over the issue, Coinbase used Twitter to counter the rumors, saying the January announcement of a list of new cryptocurrencies had not changed – the subtle elements of how the “internal expert committee” made those decisions – had not changed.

Our January 4, 2018 statement continues to stand still: we have not decided to add additional assets to GDAX or Coinbase.

As a CNBC segment, it is unclear whether Garlinghouse and Hirge will appear on the panel or independently. Leading Melissa Lee tweeted today a screenshot of a promo for the crypto-themed segment, highlighting Passport Capital founder John Burbank and Social Capital founder and CEO Chamath Palihapitiya.

A Ripple representative declined to comment on the rumors when they arrived.

Ripple saw another significant month in which the cryptocurrency asset XRP could not withstand a significant loss compared to unprecedented highs in early January.

XRP attracted the attention of up to 1,000 percent earlier this year, as well as new customers; his blockchain startup became the talk of the crypto industry in 2018.

However, it is important for newcomers to know that at the root of all this enthusiasm is the concrete claims of the startup – in particular, its technology will be able to change international payments, improve outdated methods of payments and money. among important financial institutions.

According to Ripple, the products are not only cheaper and faster, but also proudly confirm that they are more methodical than the services available on the market today, which primarily emphasizes the use of cryptocurrency and blockchain technology.

Coinbase threw a little cold water on Ripple fans who wanted to see their coins hit the popular major stock exchange.

Ripple’s rumors that XRP will be next in line after Bitcoin Cash heats up among coin toss types this week are some readings between lines from CNBC’s Fast Money segment, which will be attended by Ripple CEO Brad Garlinghouse and Coinbase President Asiff Hirge. looks like a panel discussion on cryptocurrency trends.

Speculation based on the Fast Money segment pushed XRP up about 6% from its weekly average to $ 1.07. Ripple’s XRP remains the only coin in the top five for non-existent market capital in Coinbase, although its lack is not surprising given the XRP’s centralized nature and very different objectives compared to other cryptocurrency projects. Still, there is a lot of trading interest, and that doesn’t stop Coinbase from adding XRP in the future.

Any statement to the contrary is untrue and is not allowed by the company. ā€¯After the statement, the XRP retreated modestly to its previous averages.

The company also linked it to a January 5 blog post on the criteria for adding new assets. “Coinbase will only announce the addition of new assets through our blog post or other official channels,” the article said. The company is unlikely to repeat the chaos associated with the introduction of Bitcoin Cash. Support for Coinbase’s newest asset was officially announced ahead of schedule, but the presentation itself was disrupted by huge rewards, trade freezes and domestic trade research.