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
This Popular Meme Coin Soars Following Support From Coinbase: Details
TL;DR PEPE has outperformed other meme coins with a 6% daily and 40% weekly price increase, boosted by its addition to Coinbase’s trading program. Over the past year, its value has surged by approximately 1,800%, with its market capitalization currently equaling almost $3 billion. PEPE Defies the Current Market Trend The popular frog-themed meme coin – Pepe (PEPE) – is among the best performers in the cryptocurrency market, with its price rising by 6% on a daily scale. Moreover, its valuation is up nearly 40% over a week. PEPE…
1 year ago
Shiba Inu Upgrades Shibarium UI: MetaMask, Coinbase Wallet Support Enhanced
Shiba Inu has announced an upgrade to its Shibarium UI, making it faster and more accessible, including expanding wallet compatibility with MetaMask, Coinbase Wallet and others. Shibarium now offers a frictionless experience for all users, and by rebuilding the platform to boost speed and provide an intuitive user interface, it has become more user-centric than ever. The developers behind Shibarium have announced a network upgrade that will enhance speed and boost inclusion in the Shiba Inu community. This week, the…
1 year ago
Bitcoin Outlook: Coinbase Forecasts Macro Factors to Influence Crypto Markets After Halving
Coinbase is convinced beyond the impact of halving, macro factors will also shape market sentiment. Ultimately, Bitcoin is tipped to protect against geopolitical risks as a hedge. Coinbase Global Inc., one of the leading cryptocurrency exchanges, is anticipating that with the Bitcoin halving completed, macroeconomic factors will be pivotal in dictating the price trajectory of digital asset markets. This is a clear contradiction from previous post-halving events where a bullish run is certainly guaranteed due to industry-based push factors. Macro…
1 year ago
XRP Holder’s Attorney Represents Thousands of Coinbase Customers in SEC Battle
The post XRP Holder’s Attorney Represents Thousands of Coinbase Customers in SEC Battle appeared first on Coinpedia Fintech News Ripple’s XRP Holder’s Attorney to Represent Over 4,700 Coinbase Customers in SEC vs. Coinbase Case A few hours later after Eleanor Terret’s interview with the Securities and Exchange Commission (SEC) and Coinbase, the Fox Business journalist XRP holders’ attorney John E Deaton sought permission to represent a sizable group of Coinbase customers. XRP holders’ attorney in Coinbase Fight Attorney John E…
1 year ago
Dogwifhat’s 5% Spike: Is Coinbase Listing Fueling the Rally?
The recent 5% spike in Dogwifhat (WIF) is potentially linked to the “Coinbase Effect” associated with new listings on the exchange. Dogwifhat could approach previous highs if trends following its upcoming Coinbase listing hold true. The Dogwifhat token, abbreviated as WIF, has recently experienced a notable 5% increase in price, making it a standout performer in the meme coin sector. This surge is primarily connected to the broader excitement over Bitcoin’s recovery, which recently surpassed the $63,000 mark, and an…
1 year ago
Solana’s Top Meme Coin Soars by 15% Following Support From Coinbase: Details
TL;DR The meme coin dogwifhat (WIF) surged by 15% following Coinbase’s announcement to add WIF perpetual contracts. Other assets of that type like Cat in a Dogs World (MEW), Dogecoin (DOGE), and Shiba Inu (SHIB) also saw notable gains amidst overall market recovery. WIF Stands Among the Best Performers The cryptocurrency market experienced severe volatility in the past several days. Most leading digital assets started recovering yesterday (April 18) before plunging substantially following the reports that Israel carried out drone and missile…
1 year ago
SEC vs Coinbase : Here are the Implications of Coinbase’s Interlocutory Appeal Request If Denied
The post SEC vs Coinbase : Here are the Implications of Coinbase’s Interlocutory Appeal Request If Denied appeared first on Coinpedia Fintech News In a high-stakes drama, Coinbase, a major player in the crypto industry, has filed a motion seeking clarity from a U.S. court regarding a key question raised by the SEC in their ongoing legal battle. This question concerns whether an investment contract entails any obligations after its sale. While Coinbase asserts that post-sale obligations are necessary for…
1 year ago
Dormant Bitcoin Wallet From 2010 Awakens, Moves $3.28 Million to Coinbase
A Bitcoin wallet that lay untouched for a staggering 14 years has sprung to life, transferring 50 BTC (worth approximately $3.28 million) to the Coinbase exchange. On-chain data reveals that the wallet dates back to April 2010, belonging to an early Bitcoin miner who earned the BTC as a mining reward. Bitcoin Holders Have Been Selling-Off The movement of such ‘ancient’ Bitcoin always generates buzz within the crypto community. Large transactions by these early adopters, often known as crypto whales,…
1 year ago
Satoshi Era Miner Wakes From 14-Year Slumber, Moves 50 BTC to Coinbase: Data
A miner wallet from the early years of the cryptocurrency market has awoken from a long slumber, moving its assets to a centralized exchange. According to a tweet by Lookonchain, the wallet moved 50 BTC worth over $3.28 million to the crypto exchange Coinbase in the early hours of the Asian trading session. Miner Wallet Moves 50 BTC The wallet address 15sxzZ earned the BTC after validating a block on April 23, 2010, and has held the cryptocurrencies since then.…
1 year ago