Cardano, Zcash, Stellar Surge Prior to Coinbase Listing, XLM up 27%

Twitter Facebook LinkedIn As the anticipation towards additional cryptocurrency integrations builds following the listing of Basic Attention Token (BAT) and 0x (ZRX), the prices of Cardano (ADA), Zcash (ZEC), and Stellar (XLM) have started to surge. Since November 2, the day BAT was officially integrated into Coinbase Pro and Coinbase.com, XLM, the native cryptocurrency of the Stellar blockchain network, has increased from $0.22 to $0.28, by more than 27 percent. Cardano and Zcash, two cryptocurrencies alongside Stellar, BAT, and 0x Coinbase expressed its interest in May, have also increased substantially…

The ‘Coinbase Effect’ Turns Bearish After BAT Prices Drop Post-Listing

The price of browser startup Brave’s Basic Attention Token (BAT) fell by as much as 20 percent in the past 24 hours. Trading for BAT officially went live yesterday on Coinbase, the largest cryptocurrency exchange in the U.S., a move that followed the token’s inclusion on Coinbase’s professional platform.  Coinbase initially teased the idea of listing BAT among four other cryptocurrencies on July 13, triggering a 27 percent jump in its price at the time. BAT was able to reach a 3-month high of $0.45 just 11 days later. Yet as…

Why Did BAT Lose 28% of its Value Overnight After Coinbase Listing?

Twitter Facebook LinkedIn Since November 8, within a 48-hour period, Basic Attention Token (BAT) lost 28 percent of its value following a high profile Coinbase listing. On Friday, as CCN reported, BAT declined by around 20 percent against the US dollar. In the last 24 hours, BAT dropped by yet another eight percent, recording a 28 percent decline in value in a two-day span. The substantial drop in the price of BAT follows the official integration of the digital asset by Coinbase, the largest fiat-to-crypto exchange in the global market.…

Wrapping up Devcon4 – The Coinbase Blog

Last week, more than 3,000 blockchain engineers, thinkers and investors descended on the city of Prague for the 4th Annual Ethereum Developers Conference. The ethos of an open financial system was on full display as everyone came together to ideate on and solve some of the toughest challenges facing Ethereum and blockchains today. Here’s a quick look at some of the highlights from our week. DeFi SummitWe kicked off the week at DeFi Summit, the second event in a new series hosted by a number of startups building the new…

Buy and Sell BAT on Coinbase – The Coinbase Blog

Starting today, Coinbase supports the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store BAT, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZRX and USDC. BAT will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York. One of the most common requests we hear from customers is to be able to buy more assets on Coinbase. In September we announced a…

Coinbase Launches Full Trading of Basic Attention Token

American cryptocurrency exchange and wallet provider Coinbase has announced the rollout of full trading of the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps, per a blog post published Nov. 8. According to the announcement, Coinbase’s customers can now buy, sell, send, receive, or store BAT along with other digital currencies supported on the platform. The exchange also notes that BAT will be available for customers in most jurisdictions, except initially for residents of the state of New York. Coinbase announced that it started…

Coinbase Users Can Now Buy and Sell Brave’s Basic Attention Token

Crypto exchange Coinbase is adding web browser Brave’s Basic Attention Token (BAT) to its retail trading platform, less than a week after listing it on Coinbase Pro. The exchange announced Thursday that customers would be able to buy, sell, trade or otherwise transact with the token on coinbase.com, as well as its Android and iOS apps. Coinbase first said it was supporting the token on its professional trader platform Friday, making BAT the second ERC-20 token to be listed by the company, after 0x. That being said, not all customers…

Ripple on Coinbase Rumours Swell as XRP Chases Ethereum’s Second Spot

One of the world’s leading cryptocurrency exchanges may list Ripple’s XRP on its trading platform. While the rumor stands unconfirmed, its impact is already visible on the XRP’s market cap, which has come close to surpassing that of Ethereum. The token on Tuesday surged as much as 26 percent from its November 4 low at $0.449, forming intraday peak towards $0.569 on the BitFinex exchange. The rally saw aggressive buying action with traders entering long positions on higher high formations. A downside correction ensued during the early European trading session.…

Coinbase Offers $5k Egg-Freezing Benefit in Bid to Retain Talent

Silicon Valley cryptocurrency unicorn Coinbase has taken an unusual and expensive step to recruit and retain diverse employees. Since the summer, Coinbase has quietly offered to cover up to $5,000 a year for treatments like egg-freezing through the fertility benefits startup Carrot. This employee perk, which helps women conceive children later in life, is provided in addition to Coinbase’s health insurance options. One Coinbase employee, who preferred to stay anonymous, told CoinDesk: “It’s definitely a luxury, which is why I feel fortunate that Coinbase and Carrot help make family planning more simple…

Bitcoin Cash Launch Retrospective – The Coinbase Blog

Launch of BCH Trading We announced our decision to support BCH trading on December 19, 2017. The following outlines the timeline of events that occurred: December 19, 2017 4:06 pm PST: We announced that GDAX would enable support for BCH trading on three new books: BCH-USD, BCH-EUR and BCH-BTC. In accordance with our Trading Rules these books opened in ‘post-only’ mode. This mode allows orders to be placed but not filled — establishing liquidity, encouraging price discovery, and mitigating the risk of a volatile market opening. 5:15 pm PST: We announced our…