XRP price goes up after Coinbase opens in New York

Fans of Ripple and XRP are apparently delighted to learn that Coinbase has finally opened its doors to New York 's merchandise trade.

After a tweet yesterday According to the San Francisco-based cryptocurrency exchange, the price of XRP has risen to $ 0.403, an increase of nearly 24%, according to CoinMarketCap. It should be noted that the market has also experienced a surge, with Bitcoin in the lead, after BTC jumped over $ 8,000 in the last 24 hours.

Last February, Coinbase made the decision to register XRP on its Coinbase Pro platform. Since then, the stock market has supported XRP for its retail platform, but has excluded residents of the United Kingdom and New York.

Now, Big Apple users can buy, sell, convert, send, receive, or store XRP on the platform's website. They can also use the iOS and Android applications of the stock exchange to exchange XRP.

And with the arrival of New Yorkers to the party, it seems that the market is reacting. This is good news for crypto, but it was not easy for Coinbaise and its list of XRP, which had already been tainted by accusations of insider's offense.

After the initial announcement of the exchange in February, Crypto Twitter had invaded Coinbase alleging that its employees had been able to buy cheap XRP before listing.-allegations that Brian Armstrong, CEO of Coinbase, dismissed with a since deleted laugh-cry emoji.

But it was not the first time such charges had been brought to Coinbase.

After listing Bitcoin Cash on the stock exchange, Coinbase employees were also charged with insider trading. At the time, Coinbase conducted an investigation of its employees and found no evidence of wrongdoing.

Nevertheless, such discussions have not affected the popularity of Coinbase and the platform continues to grow.

Earlier this month, Coinbase ad that he now manages more than 30 assets on his Custody platform, of which 20 have been added in the first months of 2019.