Ripple Might Be Traded On Coinbase
The bounce in crypto prices was further buoyed by talks that Ripple, and its XRP coin, could be traded on the biggest U.S. cryptocurrency exchange Coinbase.
“What is very interesting today is the move in Ripple and if Coinbase adds Ripple to its platform, we would see higher interest among investors and the price could should further. Confidence in Ripple would also help the Bitcoin price where the odds are skewed for a further upward move,” Aslam added.
The news has pushed the price of Ripple is back above $1, trading at $1.06, up 6.2%.
To be sure, there have been numerous rumors about Ripple making a debut on Coinbase, as recently as January, that have been shot down.
Elsewhere, Ether is trading at $865.71, unchanged on the day, Bitcoin cash is down 0.3% at $1,286.08 and Litecoin is up 0.3% at $214.77, according to news and research firm CoinDesk. https://www.marketwatch.com/story/bitcoin-meets-resistance-at-12000-as-ripple-scores-a-bounce-2018-03-05
