Coinbase says "No solution" Made for Ripple

“No decisions” on new assets, Coinbase says amid rumors of Ripple

Coinbase is abandoning stories that it may soon add the XRP Ripple token to its current trading pairs.

The speculation came after it emerged that Coinbase chief operating officer and president Asif Hirji could appear alongside Ripple CEO Brad Garlinghouse in a special episode of CNBC’s “Fast Money” program on March 6th. Moreover, despite solid confirmation of the alleged listing, on Monday the price of XRP rose to more than $ 1.

After hours of turning off the radio on the issue, Coinbase used Twitter to dispel rumors, saying the January declaration listing new cryptocurrencies – which subtle elements like the “committee of internal experts” would eventually make these decisions – hadn’t changed.

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

As a prepared segment of CNBC, it is unclear whether Garlinghouse and Hirge will perform on the panel or appear on their own. Host Melissa Lee posted on Twitter a screenshot from the crypto-themed promotional segment, which also features Passport Capital founder John Burbank and Social Capital founder and CEO Chamat Polychapity.

A Ripple spokesman declined to comment on the rumors when they were reached.

Ripple saw another great month fail when its cryptocurrency asset XRP lost significantly compared to unbeaten highs in early January.

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

However, it is important for beginners to realize that the roots of all this enthusiasm are related to the specific claims of the startup, in particular that its technology will transform international payments, improving outdated methods used for payments and money. between major financial institutions.

According to Ripple, its products are not only cheaper and faster, but also proudly support them more methodically than the services available on the market today, which focuses primarily on the use of cryptocurrency and blockchain technology.

Coinbase has just doused Ripple enthusiasts with a bit of cold water who want to see how their coin hit the popular mainstream exchange.

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

Speculation based on the Fast Money segment led XRP to $ 1.07, which is about 6% more than the weekly average. XRP Ripple remains the only coin in the top five by market capitalization that is not available on Coinbase, although given the centralized nature of XRP and very different goals compared to other cryptocurrency projects, its absence is not surprising. However, there are many trading interests, and these things don’t stop Coinbase from adding XRP in the future if it decides to do so.

Any allegations to the contrary are untrue and not endorsed by the company. ”Following the statement, XRP modestly rolled back to its previous averages.

The company also cited a January 5 blog post about the criteria for adding new assets. The message said that “Coinbase will announce the addition of new assets only through a post on our blog or through other official channels.” The company most likely does not want to repeat the chaos around the introduction of Bitcoin Cash. Support for Coinbase’s latest asset was officially announced long before the time, but the deployment itself was marred by big bonuses, a trading freeze and an internal insider investigation.