Coinbase Financial News

A blog post and what appears to be a glitch from the crypto exchange Coinbase, fueled speculations that Optimism, a second layer scaling solution for Ethereum (ETH), could be about to launch its own native token. 

Nasdaq-listed cryptocurrency trading platform Coinbase Global Inc has announced the launch of the Beta version of its Non-Fungible Token (NFT) marketplace months after it unveiled plans to launch the service.

The major crypto exchange Coinbase has teamed up with 0x Protocol (ZRX) to power its new social media-inspired non-fungible token (NFT) marketplace. The news triggered a massive jump in the price of 0x’s native token ZRX.

The picks and shovels of the cryptocurrency world have been a worse bet lately than cryptocurrencies themselves.

Coinbase NFT, a new non-fungible token (NFT) marketplace by crypto exchange Coinbase, launched in beta on Wednesday.

Crypto exchange Coinbase launches NFT marketplace for some U.S. users

Crypto exchange Coinbase’s nonfungible token (NFT) marketplace has moved into beta more than six months after the company announced it planned to open a waitlist for the site.

MINA had a great run from mid-March, one that saw it rally from its 2022 low of $1.58. It extended its bullish momentum through the first week of April before retracing by 38.59% after extending its drop below the 0.618 Fibonacci level.

CoinDCX has raised $135 million in Series D funding

The picks and shovels of the cryptocurrency world have been a worse bet lately than cryptocurrencies themselves.

Almost a week after cryptocurrency exchanges in India halted all payments, traders in the India started using the peer-to-peer (P2P) payment system for the buying and selling of tokens. P2P payments enable the transfer of money directly from the buyer to the seller post which the seller would transfer tokens from their exchange wallet to the buyer’s exchange wallet.

It has long been believed that investors possessing inside knowledge help drive cryptocurrencies’ price volatility, and a number of academic papers have been published on this topic. This is why Coinbase’s intention to regularly publish in advancea catalog of tokens being assessed for listing on its prominent trading platform is noteworthy. 

Coinbase Global Inc. conference in Bengaluru, India, on April 7, he had little reason to anticipate the fallout that would shortly ensue. Chatterjee, the company’s chief product officer, told the assembled audience that crypto investors would now be able to use the country’s online retail payments system to transfer funds to its local exchange. Hours after Chatterjee’s announcement, the central bank-backed entity that runs the system — called United Payments Interface — said it was “not aware” of any crypto exchange using the network. Within three days of the event, Coinbase had halted rupee transfers to its trading app via UPI. The abrupt reversal left Coinbase customers without any way of funding their accounts with rupees, dealing a blow to its expansion plans in India. “We are committed to working with NPCI and other relevant authorities to ensure we are aligned with local expectations and industry norms,” a spokesperson for Coinbase said in a statement to Bloomberg on April 11, referring to the National Payments Corporation of India, which operates UPI.

Crypto payments are frozen across India, hitting trading

United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing in the second quarter of 2022 in a bid to increase the transparency of its listing process. 

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

Bitcoin (BTC) may be heading under $40,000 but fresh data shows that demand from major investors is anything but decreasing.

The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol.

On 11 April, Coinbase announced its decision to list over 50 assets made up of 45 ERC-20 tokens and 5 Solana Program Library tokens. Since then, however, the exchange giant has been under fire as many believe that a few of the tokens could be irrelevant or subject to massive rug-pulls.

Online brokerage Robinhood Markets, Inc. (HOOD) added four new cryptocurrencies to its trading platform on April 12, 2022, leading to excitement among cryptocurrency traders and holders. Robinhood Crypto now features Compound (COMP), Polygon (MATIC), Solana (SOL), and Shiba Ibu (SHIB),all top 100 cryptocurrencies on the CoinMarketCap ratings.

Bored Ape Yacht Club, a community of 10,000 NFT Apes with distinct characteristics, has seen a roller-coaster ride since its inception. Not so long ago, the said community launched its ERC-20 utility and governance token, ApeCoin. Consequently, investors rushed to buy BAYC NFTs to acquire the new token.