I wonder how this will affect the prices of these coins. A part of me thinks that this should skyrocket prices for the said cryptos seeing how Coinbase is a top player in the space. The other part of me thinks the hype could already be priced in. I jumped into XRP on the rumor that they were going to be the next coin listed on Coinbase. After the massive pump, XRP has been bleeding lower, retracing nearly 70% since the highs. Not sure if 'buy the rumor, sell the news' applies for cryptos...
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Buy the rumor sell the news is the only approach for cryptos right now! Is there any data that listing on Coinbase affects demand for a coin?