Coinbase is one of the most popular apps in the Apple app store right now, and has even gotten on the ‘trending’ list (the list of apps that show on the front page). Some people believe that it is getting popular because of all the news on Bitcoin. Others argue that the main reason for this is so many ‘crypto-nuts’ talking about it to friends and family over the Thanksgiving holiday.
Whatever the reason, this is certainly going to get many new eyes on Coinbase in general, and crypto specifically. Millions of people each day access the App Store looking for new things to add to their iPhone. Even if they aren’t specifically looking for a crypto-exchange, seeing something like this is certain to peak their curiosity. In addition, this is just one more piece of evidence that crypto in general, and Bitcoin specifically, is quickly becoming mainstream.
This type of thing may or may not have a direct impact on the price of Bitcoin, or any other crypto asset for that matter, but as people continue to become used to seeing this type of thing on a daily basis, it could have major long-term benefits. Just keep in mind, anyone who downloads Coinbase is likely going to be adding money into Bitcoin, Etherium, and/or Litecoin, which will only serve to further drive the prices up.