Ripple fell 11%: Coinbase denied rumors about the addition of cryptocurrency

On Monday, the price of Ripple rose by 16% due to unconfirmed information about the upcoming addition of the token to the Coinbase listing.

The third for the market capitalization of the cryptocurrency reached $ 1.08, and Reddit users expected further growth ahead of CEO Binard Garlinghaus appearance and chief operating officer exchange Asif Hiri as guests of the “Fast Money” program at CNBC – it was expected that they would confirm the rumor.

However, in the evening, the official Twitter company published a refutation: “We did not make a decision to add new assets either to GDAX or to Coinbase. Any opposite statement is false and not confirmed by the company. ” In the same post Coinbase gives a link to its January 4 statement, which “remains in force”: then the exchange published requirements for the process of adding tokens to the Coinbase listing and reported that it is not going to introduce support for new tokens.

Already on the night of Tuesday, the price of the Ripple fell to $ 0.95 and since then, with minor fluctuations, remained at the same level. At the moment, Coinbase offers trading for bitcoin, bitcoin cache, lightcoin and ethereum. In early March, a lawsuit was filed against the exchange, accusing it of insider trading during the opening of trading bitcoin cache in December last year.

Write: Sara Bauer


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