• About Us
  • Privacy Policy
  • info@cryptonews24.co.uk
  • Saturday, January 23, 2021
    CryptoNews24
    Advertisement
    • Crypto News
      • Bitcoin
      • Ethereum
      • Ripple
    • Crypto Games
    • Blockchain
    • Finance
    • Fintech
    • Regulation
    • Blog
    No Result
    View All Result
    • Crypto News
      • Bitcoin
      • Ethereum
      • Ripple
    • Crypto Games
    • Blockchain
    • Finance
    • Fintech
    • Regulation
    • Blog
    No Result
    View All Result
    CryptoNews24
    No Result
    View All Result

    Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold

    August 1, 2020
    in Bitcoin
    3 min read
    Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold
    0
    SHARES
    1
    VIEWS
    ShareShareShareShareShare

    Crypto exchange Coinbase said Friday that it is reviewing 19 cryptocurrencies for possible listing.

    These new assets are: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, Theta, Uma, and Wrapped Bitcoin (WBTC).

    Coinbase said the review process includes “significant technical and compliance review and may be subject to regulatory approval in some jurisdictions.” There’s no guarantee that crypto assets under review will gain automatic listing.

    “[Our] goal is to offer support for all assets that meet our technical standards and which comply with applicable laws,” said the U.S. exchange, in a blog post.

    “As per our listing process, we will add new assets on a jurisdiction-by-jurisdiction basis, subject to applicable review and authorizations. The omission of assets from this publication does not disqualify any such asset from active review and potential listing,” it added.

    Coinbase, which boasts over 35 million users worldwide, indicated that it would continue to evaluate more digital assets, and with time it expects to support “at least 90% of the aggregate market cap of all digital assets in circulation.”

    In June, the exchange revealed that it was exploring the addition of 18 crypto assets, including Comp, Aave, Aragon, and Bancor.

    Assets that eventually get listed on Coinbase have tended to see sharp increases in their prices – as happened with Makerdao’s MKR in May or Compound’s Comp in June – but the relationship, known as the “Coinbase Effect”, isn’t always linear. Comp surged by as much as 300% in the run-up to and after the Coinbase listing.

    At the time of writing, most of the assets that Coinbase has announced for review are going up. For example, Melon is up more than 26%, Flexacoin 4.5%, and Reserve rights 2.4%, according to data from markets.Bitcoin.com.

    What do you think about new assets getting listed on Coinbase? Let us know in the comments section below.

    Image Credits: Shutterstock, Pixabay, Wiki Commons


    Credit: Source link

    ShareTweetSendSharePin
    Previous Post

    Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches

    Next Post

    Total Value Locked in DeFi Hits New ATH of $4B

    Related Posts

    Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network – Altcoins Bitcoin News
    Bitcoin

    Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network – Altcoins Bitcoin News

    January 23, 2021
    Ethereum Could See an Explosive Move Higher Following Massive 20% Surge
    Bitcoin

    Ethereum Could See an Explosive Move Higher Following Massive 20% Surge

    January 22, 2021
    Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review – Regulation Bitcoin News
    Bitcoin

    Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review – Regulation Bitcoin News

    January 22, 2021
    Finlaw Associates to Submit Draft Cryptocurrency Regulation to Indian Govt as Community Demands for Clarity, Mr. Mishra Explains
    Bitcoin

    Finlaw Associates to Submit Draft Cryptocurrency Regulation to Indian Govt as Community Demands for Clarity, Mr. Mishra Explains

    January 22, 2021
    Load More
    Next Post
    Total Value Locked in DeFi Hits New ATH of $4B

    Total Value Locked in DeFi Hits New ATH of $4B

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Premium Content

    Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System – Mining Bitcoin News

    Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System – Mining Bitcoin News

    January 19, 2021
    VCOIN JOINS BLOCKCHAIN GAME ALLIANCE

    VCOIN JOINS BLOCKCHAIN GAME ALLIANCE

    January 21, 2021
    John Gibson, Ducks lose goaltenders’ duel to Marc-Andre Fleury, Golden Knights – Orange County Register

    John Gibson, Ducks lose goaltenders’ duel to Marc-Andre Fleury, Golden Knights – Orange County Register

    January 17, 2021
    Biden freezes FinCEN’s proposal on crypto wallets

    Biden freezes FinCEN’s proposal on crypto wallets

    January 21, 2021
    Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

    Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

    January 16, 2021

    Welcome to cryptonews24, the number one source of news and information in the cryptocurrency sphere
    We have taken our time to bring together the most reliable and the most sought after source of news and information in the crypto sphere. From Startups, Fintechs,Sports,Health,Wealth,ICos, IEos,Exchanges, Wallets, to all other happenings in the crypto world.
    Subscribe to our telegram and twitter channel for minute by minute updates.
    Please contact us for your reviews, articles, marketing and any other cryptocurrency and blockchain related events

    What’s New Here

    Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network – Altcoins Bitcoin News

    Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network – Altcoins Bitcoin News

    January 23, 2021
    Digital Yuan Compatible with at Least Eight Chinese Bank Platforms

    Digital Yuan Compatible with at Least Eight Chinese Bank Platforms

    January 23, 2021

    Subscribe Now

    Loading

    © 2020 cryptonews24.co.uk - All rights reserved!

    No Result
    View All Result
    • Crypto News
      • Bitcoin
      • Ethereum
      • Ripple
    • Crypto Games
    • Blockchain
    • Finance
    • Fintech
    • Regulation
    • Blog

    © 2020 cryptonews24.co.uk - All rights reserved!

    • YAMYAM(YAM)$1.40-98.56%
    • bitcoinBitcoin(BTC)$31,788.00-1.94%
    • ethereumEthereum(ETH)$1,229.66-0.05%
    • tetherTether(USDT)$1.00-0.23%
    • PolkadotPolkadot(DOT)$17.450.49%
    • rippleXRP(XRP)$0.270054-1.30%
    • TrueHKDTrueHKD(THKD)$0.1391497.79%
    • cardanoCardano(ADA)$0.343215-0.17%
    • chainlinkChainlink(LINK)$23.8510.14%
    • litecoinLitecoin(LTC)$138.10-2.20%