Bounce and Arpa Chain surge 25% on Coinbase Pro listings
The “Coinbase effect” has just been observed for two of three tokens freshly listed on the exchange’s Pro platform. Leading U.S. cryptocurrency exchange Coinbase has announced three new listings on its Pro exchange, predictably causing the tokens’ prices to pump.On Oct. 19, Coinbase Pro announced new listings in ARPA Chain (ARPA), Bounce (AUCTION), and Perpetual Protocol (PERP). It confirmed that trading will become available on or after 21.00 PT on Oct. 19, provided ample liquidity enters the market. The three tokens will be each paired with USD, EUR, and USDT. While AUCTION and ARPA....
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ARPA, a blockchain-based privacy-preserving computation network, has announced that The Institute of Electrical and Electronics Engineers P2830 standard has reached the ballot stage of the IEEE Standard Association (SA) Standard Development Process. Alibaba led the working group in which ARPA is participating, with representation from Shanghai Fudata, Baidu, Lenovo Group, Zhejiang University, Megvii Technology, and […]
In the five days after launching on Coinbase, new token listings gain 91% on average. But that doesn’t tell the whole story. Crypto analytics provider Messari has compiled a report concluding that the fabled “Coinbase effect” — the popular belief that new token listings on Coinbase tend to outperform launches on other exchanges — is true.But the effect is far from consistent, and after controlling for outliers, it’s not as great as many assume.Messari analyzed the performance of 28 new Coinbase listings over five days against 22 Binance listings, 19 FTX listings, 19 Gemini listings, 14....
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Michael Burry on SEC Investigating Crypto Listings on Coinbase Famous investor and founder of investment firm Scion Asset Management, Michael Burry, briefly commented on the U.S. Securities and Exchange Commission (SEC) investigating crypto exchange Coinbase Tuesday. He is best known for being the first investor to foresee and profit from the....
Ethereum has undergone a strong bounce since the lows seen in September. As of this article’s writing, the coin trades for $372, around 20% above those lows. The cryptocurrency is about the set a weekly close above the $365-370 resistance. Despite this strong bounce in the price of Ethereum, on-chain metrics show that the blockchain is currently weakening. Fortunately, the leading cryptocurrency has positive fundamental and technical trends that may result in growth in the […]
OpenBazaar, a decentralized, unregulated and open-source marketplace that uses bitcoin, continues to evolve, having recently released a new set of features for vendors. The newest upgrade, according its blog, includes “pinned listings,” hidden listings, and maximum quantity on listings that prevents buyers from purchasing more than the number of items specified in one order. Changes also include addresses, images, shipping and more. ‘Pinned’ Listings For Vendors. Vendors on the platform can now choose certain listings to highlight in their stores. In creating a listing, they can select....