The insistent rumors that include the inclusion of Ripple among the cryptocurrencies traded on the Coinbase platform yesterday had launched the quotations of the digital currency upwards. Although nothing has been confirmed for now, neither by the tweets of the exchange service nor by Brad Garlinghouse, CEO and number one of Ripple, the markets were waiting for the officiality of the news by rewarding the exchanges and registering a substantial leap forward to XRP.
At the moment, Coinbase is the largest cryptocurrency trading service in the United States, although the only currencies admitted to trade are bitcoin, ethereum, bitcoin cash and litecoin.
There is no doubt that the opening of the exchange to Ripple would bring enormous benefits to both parties: on the one hand, Coinbase would attract a new, important pool of users and investors, while for Ripple the doors of the most important exchange service would open. internationally.
In addition to rumors about Coinbase, such as those seen in the past, Ripple also benefited yesterday from a surge in purchases in South Korea: in fact, in the Asian country alone, 33% of XRP trading volume was concentrated on Monday, mainly on the Bithumb exchange site.
A signal of relaxation and optimism from a country that in recent months has seriously slowed down the advance of cryptocurrencies, due to the initiatives of the national government in regulating the sale of bitcoins and other digital currencies.
Tuesday, March 6, Ripple is trading under a dollar (0.939), after an impressive advance recorded yesterday that saw the value increase even by 9% in just 24 hours; although the record value at the beginning of January is far off, $ 3.84, XRP looks good in these hours.
Ripple is, by importance, diffusion and volume, the third cryptocurrency in circulation in the world, with a total market capitalization of 38,294 million dollars.