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An artificial intelligence (AI)-based altcoin and a decentralized finance (DeFi) token have soared in price after being added to Coinbase’s listing roadmap. In a post on the social media platform X, Coinbase Assets announces the additions of AI-focused project Aethir (ATH) and DeFi protocol Maple Finance (SYRUP) to its listing roadmap, causing the digital assets to spike in price. Coinbase’s listing roadmap is typically used for transparency and to prevent the front-running of tokens prior to them being listed. Being added to the roadmap means the crypto exchange may add support for the crypto asset soon. News of the addition sent both tokens flying, as ATH went from a low of $0.0318 on March 6th to a peak of $0.0435 just a day later, a gain of about 36.79%. Meanwhile, SYRUP went form a low of $0.137 on March 7th to a peak of $0.193 on March 8th, a rise of 40%. Both assets have since retraced and are valued at $0.0371 and $0.165, respectively. Aethi...

Crypto exchange Kraken has opted to list a Solana blockchain version of a Coinbase Base blockchain asset. The irony of Solana offloading the processing of Coinbase’s supposedly ultra-scalable Base blockchain is funny enough on its own — not to mention the further irony of Kraken listing a Coinbase asset before Coinbase itself. The digital asset, Virtuals (VIRTUAL), is a metaverse token that’s best known for its 70% decline in price in the past four weeks . The token claims to be useful for a dizzying array of “metaverse infrastructure” like digital identity, ticketing, cross-world interoperability, NFT ownership, gaming transactions, and social interactions. kraken listing solana virtual before coinbase lists base virtual https://t.co/WivdpaNGKE — ceteris (@ceterispar1bus) February 12, 2025 Base protocol Virtuals chooses… Solana Rather than maintain a dedication to its founding blockchain, Virtuals Protocol decided on January 25...

In what is a monumental moment for the cryptocurrency exchange, Coinbase has officially received regulatory approval to launch crypto services in the UK. Indeed, the platform announced it has been granted a Virtual Asset Service Provider (VASP) registration in the United Kingdom. The move makes Coinbase a registered firm in the region, allowing it to offer both cryptocurrencies and cast to investors. Moreover, the UK’s Financial Conduct Authority (FCA) has proven to be strict with its registration. To this point, only 145 of the applicants have succeeded, in which Coinbase is one of them. JUST IN: Coinbase receives regulatory approval to launch crypto services in United Kingdom. — Watcher.Guru (@WatcherGuru) February 3, 2025 Also Read: Coinbase Launches Bitcoin Loans for US Users Coinbase Gets VASP Registration in the UK It has certainly been a busy few weeks for cryptocurrency exchange Coinbase. The platform had brought back its Bitcoin loans for customers in the United States. ...

Ben Zhou, Bybit’s CEO, said residents of mainland China can access the crypto exchange with a VPN and bypass restrictions from China’s government while stressing that it will not accept the Yuan national currency. The company blocks IP addresses from mainland China but began allowing overseas Chinese users to sign up for the exchange back in June. As reported by the South China Morning Post, Zhou stated that Bybit wouldn’t trade yuan but noted that mainland residents can use a VPN. He claimed the risks of allowing mainland Chinese residents to trade on their platform were “acceptable.” Zhou additionally stated, “What the Chinese government dislikes the most about crypto is that it can facilitate capital outflow, so we won’t touch this red line.” China currently bans cryptocurrency trading, but Hong Kong allows it through licensed crypto exchanges. Zhou also claimed that Bybit is planning to reapply for that Hong Kong license at the start of 2025 and intends to f...

The Pepe price pumped over 7% in the last 24 hours to trade at $0.00001973 as of 11:15 p.m. EST as traders go long on the meme coin. With the recent gain, the frog-themed token has managed to boost its weekly performance out of the red. As a result, the PEPE price is up over 5% in the last 7 days. Pepe Price Trying To Overcome A Major Technical Obstacle 4-hour chart for PEPE/USD (Source: GeckoTerminal) The Pepe price is attempting to establish a position above the $0.00001961 resistance level, according to GeckoTerminal data . Closing the next 3 4-hour candles above this technical barrier could give the meme coin the necessary foundation to keep rising in the following 24 hours. PEPE might then be able to overcome the negative trend line that has emerged on its charts. Rising above the descending trend line could lead to the Pepe price climbing toward the $0.00002414 resistance level to potentially flip the mark into support. Thereafter, continued pressure from buyers might push...

Top US-based crypto exchange Coinbase is adding support for the Polygon’s (MATIC) highly anticipated rebrand to the Polygon Ecosystem Token (POL). In a new announcement, Coinbase Assets says it’s adding POL to its suite of products with an experimental label, meaning it could display high price volatility or relatively low trading volume. Last month, Coinbase announced that it added the token to its listing roadmap, which was created in 2022 for transparency and to stifle the front-running of digital assets. MATIC’s rebranding to POL was first proposed last July as a way to boost the network’s usage and growth. About a month later, Sandeep Nailwal, the founder of Polygon Labs, said that the transition was part of a shift toward greater interoperability. As stated by Nailwal at the time, “POL delivers the benefits of multi-chain staking without the added risks of restaking. With the Polygon 2.0 proposal, the Polygon Ecosystem will ex...

Coinbase’s partnership with Lightspark for Bitcoin Lightning Network integration enhances transaction efficiency. Lightspark’s advanced technology streamlines Lightning Network access, offering low-cost BTC transfers. The collaboration empowers Coinbase with reliable, scalable node infrastructure, driving global financial innovation. Coinbase , a leading cryptocurrency exchange, has announced a strategic partnership with Lightspark to integrate the Bitcoin Lightning Network. The collaboration aims to revolutionize the way users conduct Bitcoin (BTC) transactions, offering them enhanced speed and cost-efficiency. Lightspark, in an exclusive blog post, revealed the culmination of their efforts spanning nearly two years to refine their platform as the premier gateway to the Lightning Network. With Coinbase onboard, clients can now enjoy seamless access to low-cost and almost real-time BTC transfers. Lightspark’s advanced technology, including...

Explore the list of crypto bankruptcies in 2023, including detailed insights into the collapse of major exchanges. It’s quite evident that crypto had one of its worst years in 2022. The cascading collapse of two industry giants, Terraform Labs (responsible for LUNA and UST) and FTX, drove one of the harshest crypto winters in recent history. It eventually led to many bankruptcies, layoffs, and shutdowns across the market. So, 2023 mostly saw the fallout from the previous years, as the major bankruptcy proceedings from previous market leaders like Celsius, Voyager, Three Arrows Capital (3AC), BlockFi, and FTX progressed into different stages. Still, some notable crypto bankruptcies and exchange failures made it into the news. Let’s take a look at the list of crypto bankruptcies and failures of 2023. Notable crypto bankruptcies Genesis The year 2023 began under a cloud for the crypto currency sector, with Genesis, a prominent crypto lending subsidiary of Digital Curren...

Coinbase is winding down the GiveCrypto initiative, citing its failure to create a lasting impact. In a blog post on Dec. 15, Coinbase said its non-profit initiative founded by the exchange’s head Brian Armstrong was “unable to create lasting change purely through unconditional cash transfers.” According to the exchange’s statement, the initiative participants “returned to the same baseline” after the cessation of payments, prompting a reevaluation of the initiative’s approach. “Unfortunately, we were unable to create a lasting impact with recipients, who returned to the same baseline after payment ceased.” Coinbase You might also like: Former Coinbase exec cancels $1m bitcoin bet, donates $1.5m to charity In light of this, all remaining GiveCrypto funds will be redirected to two organizations: Brink and GiveDirectly. Brink is also a non-profit initiative, focused on strengthening Bitcoin’s software and protocol...

Real estate blockchain project Propy witnessed an 90% surge of its token’s value as Coinbase’s asset management arm is set to tokenize real world assets. On Dec. 13, 2023, Propy‘s PRO token surged a significant 93% within just one day after the U.S.-headquartered crypto exchange Coinbase announced plans to double down on real world assets tokenizing. According to CoinGecko data, PRO surpassed in a moment the $0.83 threshold, propelling the token’s market capitalization up to $40.7 million. PRO price in USD | Source: CoinGecko The raped increase of PRO’s value followed Coinbase’s announcement of its venture called Project Diamond, a platform for issuing and trading blockchain-based debt instruments. As crypto.news reported, the launch came amid intense competition to integrate traditional financial asset s like bonds and credit into blockchain systems. This process, known as the token ization of real- world asset s (RWAs), is believed to enh...

TLDR XRP delivers a lackluster weekly performance, but gains are coming soon. Avalanche gains 3% in a week, but more gains are coming in December. Rebel Satoshi continues attracting investors after climbing 30% in three weeks. Top altcoins like XRP ( XRP ) and Avalanche (AVAX) have performed differently after the crypto market started December with bulls charging. Meanwhile, Rebel Satoshi ($RBLZ) continues seeing more investor interest after completing its Early Bird Round in a record-breaking three weeks. Between XRP, Avalanche, and Rebel Satoshi , which token promises massive gains in 2023? Continue reading to discover! XRP Sheds 1% In a Week: Is an Uptrend Coming? XRP has had performed deplorably over the past seven days, starting November 24 when the crypto traded around $0.6184. XRP started climbing on November 26 after Mastercard partnered with XRP L Labs to create a debit card that integrates XRP . This bullish news saw XRP surge as high...

Coinbase, a cryptocurrency exchange, reported a net loss of $2 million in Q3 2023 despite rising revenue and a drop in trading volume , according to details of the recent shareholders letter circulated on Nov. 2.  However, the exchange reduced its net loss compared to the same period last year, which was $545 million.  The company’s total revenue was $674.1 million, an increase of 14.2% compared to last year, with $334.4 million coming from subscriptions and services, and $288.6 million from transaction revenue. You might also like: Coinbase unveils crypto futures trading for eligible US traders Consumer trade volume was $11 billion, while institutional trading volume s were $65 billion, an improvement from the previous quarter.  Although trading volume s have been falling for five consecutive quarters, the exchange is optimistic. It expects an improvement by the end of Q4 2023. “Q3 was a strong quarter for Coinbase. Amid multi-year low levels of vola...

During Coinbase ’s Q2 earnings call on Thursday, chief and founder Brian Armstrong stammered a reply to a question about stablecoin USDC , unexpectedly revealing that its market cap had gone up after Binance sold all its holdings. “USDC market cap is up after Binance pulled out,” Armstrong stuttered out during Coinbase’s earnings call. The unexpected answer seemed to imply that crypto exchange Binance was a holder of Circle and that USDC is safer now that Binance no longer holds the stablecoin. Coinbase is a member of the consortium that owns USDC. It’s the preferred stablecoin for the exchange’s operations. However, USDC’s market cap is shrinking fast, dropping from $44.5 billion at the start of this year to just $26 billion at press time. Earlier this year, the Federal Deposit Insurance Agency had to take over Circle’s main banks, namely Signature and Silicon Valley Bank, to prevent a bank run. This controversial move effectively saved USDC. Coinba...

A Twitter user has shared his suspicion that a past associate could be the mysterious figure behind the recent BALD meme coin rug pull. On Aug. 3, a Twitter user by the name of Mike McDonald claimed that an address through which he received payment after winning a $50,000 bet in 2021 might be linked to the BALD meme coin deployer who is suspected of pulling 1,034 Ethereum (ETH) in liquidity a couple of days after the coin’s value skyrocketed by an incredible 40,000%. According to McDonald, he placed a bet with a Twitter account named Milkyway (@milkyway16eth) on the outcome of the 2021 chess world championship, winning $50,000 in the process. Milkyway settled the bet using an address that crypto sleuth ZachXBT has linked to the recent BALD rug pull. BALD deployer is potentially revealed here. Two days ago I noticed they had sent Mike $50K back in 2021 and reached out to him to ask who it might be. 0x0b6e7d5668c4a0a8e13d618b1ffc4406d079141e022381aad379040518dec285 Glad to see he s...

Also Read: Coinbase Launches “Stand With Crypto” NFT After Going Against SEC advertisement Coinbase Price Jumps Amid Legal Battle Coinbase Global Inc (NASDAQ: COIN) price registered a surprising surge of over 4% in the pre-market. COIN price saw a jump of 2.08 points before the market opens. This implies that the investors are positive about the recent action taken by the exchange. COIN price closed trading at $55.55 yesterday. The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad It is important to note that Coinbase (COIN) share prices have been on a decline over the past 6 months. NASDAQ: COIN price is down by almost 25%, while, it has registered a drop of 11% in the last 1 month. In the last 5 days, its price saw a drop of around 13%. Read More Crypto News Here… ...

The GMX community has spoken in favor of implementing the protocol on Coinbase’s (COIN) recently announced layer 2 blockchain, BASE. GMX provides spot and futures trading and has a total value locked (TVL) of $582 million. According to Defillama, it is the largest DeFi protocol on Arbitrum. Although most were in favor of moving to Coinbase, others were concerned. Some are worried whether the project’s unknown creators would need to provide Coinbase with identification documents. Unlike the recently airdropped Arbitrum token, Base is a layer-2 blockchain that was created using Optimism’s OP stack. It will feed into the Ethereum mainnet and lacks a native token. Advantages of GMX moving to Coinbase Coinbase hopes to hasten the development of its on-chain products with the introduction of the BASE token. The Coinbase wallet is one of the top products. It is a self-custody wallet that is tightly integrated into the ecosystem of the platform. The company seeks to boost its own investm...