Ripple's XRP spikes after Coinbase says it'll add cryptocurrency



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Brian Armstrong CoinbaseAnthony Harvey / Getty Images for TechCrunch

  • Coinbase, the digital currency exchange bureau, has announced that it will list Ripple's XRP from Tuesday.
  • XRP is a digital currency that supports cross-border payments.
  • The Ripple startup has the vast majority of XRP resources in reserve, worth billions of dollars.
  • Watch Ripple's XRP Trade Live.

Ripple's XRP jumped 10% to $0.33 one coin Monday after the siege of San Francisco, California Coinbase, the digital currency exchange system, has announced the list of cryptocurrencies starting on Tuesday.

XRP is a digital currency that supports foreign exchange and international remittances. The Ripple startup has the vast majority of XRP resources in reserve, worth billions of dollars.

"XRP transactions will initially be available to users of Coinbase Pro in the United States (excluding NY), the United Kingdom, in European Union member countries receiving support, in Canada, in Singapore. and in Australia ", Coinbase said in a statement. "Additional jurisdictions may be added at a later date."

Investors in the digital currency space saw prices soar in 2017, as cryptomania swept the world. The XRP started in 2017 with a value of less than $ 0.10 per piece, before climbing to more than 2,500% and reaching a maximum of $ 2.60. However, 2018 was another story, with the value of crypto-currency plunging more than 80% to less than $ 0.25 a coin.

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