Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Coinbase Wallet
Coinbase Wallet Delists XRP and 3 Others, Cites Low Usage
According to an update on the crypto platform’s help page, Coinbase wallet will no longer support payment network Ripple’s XRP token. The digital asset is not the only cryptocurrency Coinbase has delisted as Bitcoin Cash, Ethereum Classic, and Stellar will also be unavailable. Coinbase Halts Wallet Support for XRP, BCH, ETC, and XLM The delisting will take effect from January next year and Coinbase’s wallet application will drop support for the aforementioned tokens. Coinbase Wallet like MetaMask and similar providers…
3 years ago
Coinbase Cracks Down on Over 25,000 Russian Wallets
Coinbase revealed on Monday that it had blocked more than 25,000 Russian wallets linked with illicit activities. Coinbase’s action comes after an initial refusal to place a blanket ban on Russian wallets. Coinbase Acts on Sanctions The major exchange published a detailed official statement of its most recent crackdown on more than 25,000 Coinbase wallets. Coinbase claims that these wallets mostly belonged to Russians linked with several illicit activities. The company came to this conclusion via its own private “proactive…
3 years ago
Top Wallets for Storing and Hodling DeFi Tokens
Decentralized Finance Tokens are gradually becoming one of the significant use cases of smart contracts. It has helped solve the fundamental issue of providing banking services to people who do not use banks. However, as the DeFi ecosystem grows, selecting the best wallets to store or hold DeFi tokens safely has proven daunting. That brings us to our guide today, which will help make choosing DeFi wallets straightforward. The Best DeFi Wallet should: Allow access to DeFi Assets: A good…
4 years ago
Crypto Exchange Wallets you Can Trust to Store Your Funds in
When thinking about starting in crypto, one of the first steps that every investor has to follow is signing up for wallet services. Almost all services in crypto require users to connect their wallets to continue accessing other services. In addition, a wallet helps in storing crypto assets safely. Different wallets possess different attributes depending on the mechanism used in classifying them. However, this article will focus on wallets provided by crypto exchange service providers. What assets do these platforms…
4 years ago
Coinbase Wallet is Easing Trade by Supporting Short ETH Names
On February 25, a blog post revealed that the Coinbase wallet began supporting short crypto names that are easily memorable. The Coinbase Wallet is quite different from Coinbase's main wallet in that in the designation; it allows users to take control of their funds. Moreover, it will enable users to access other decentralized applications (DApps). Currently, it's tough to complete a transaction since one needs a long Alphanumeric string full of characters to send. Often, users need to copy and…
5 years ago