Coinbase denies Ripple rumors: says it will not add new coins now

He clarifies that his January statement remains in force.

Coinbase threw a bucket of cold water on Ripple enthusiasts, eager to see their digital currency enter the popular exchange.

Rumors that the Ripple cryptocurrency would be next in line after Bitcoin Cash entering Coinbase reached a critical point yesterday when some readings were made between the ad lines of a segment of the CNBC Fast Money program that will be presented together with the Ripple CEO Brad Garlinghouse and Coinbase president Asiff Hirji on what appears to be a panel discussion on cryptocurrency trends.

The speculation that followed prompted Ripple up to USD $ 1.07. Ripple remains the only currency among the top five by market capitalization that is not available in Coinbase, although given the centralized nature of XRP and its different objectives compared to other crypto projects, its absence is not surprising. Even so, there is great commercial interest, so it is not ruled out that Coinbase will add XRP in the future.

Responding to the rumors, Coinbase tweeted:

Our statement of January 4, 2018 is still valid: we have not made the decision to add additional assets to GDAX or Coinbase. Any contrary statement is false and is not authorized by the company. "

After the statement, the price of XRP modestly declined towards its previous averages.

The company also linked to a blog post on January 5 about its criteria for adding new assets. That publication states that "Coinbase will announce the addition of new assets only through our blog post or other official channels." The company is probably not anxious to repeat the chaos surrounding the introduction of Bitcoin Cash. Support for Coinbase's newest asset was officially announced well in advance, but the launch itself was affected by massive premiums, the freezing of transactions and an internal investigation into the use of inside information.