Base Hits 1M Users as Basenames Surges
Currently, Base maintains 1.03 million daily active addresses, surpassing other protocols like Arbitrum and Linea. The network of Coinbase’s layer 2 There has been a significant increase in the number of new “basenames” registered on the blockchain, which has led to Base surpassing the milestone of one million daily active addresses. Base has only reached […]
Bitcoin’s Coinbase Premium Peaks as Price Reclaims $63K
Bitcoin demand increased among US investors after the Federal Reserve announced its intention to lower interest rates. Interest in buying Bitcoin in the United States reached a 39-day peak following recent confirmation from the US Federal Reserve that interest rates are expected to decline, as recent data indicates. “Bitcoin demand in the US spiked today […]
Coinbase to Offer 1:1 Euro To EURC Conversion Under MiCA
Coinbase will introduce a EURC-USDC order book and retire the EURC-EUR and EURC-USD books. On August 28, Coinbase will enable its users to exchange euros for the euro-pegged stablecoin, EURC, at a 1:1 ratio. This is significant because EURC adheres to the European Union’s Markets in Crypto Assets (MiCA) regulations. The integration of this feature […]
Coinbase Supports Polygon Token, POL Price Soars 15%
Coinbase announced it will support POL on both Polygon and Ethereum networks and will rebrand the Polygon ticker. As a result of the addition of Polygon Ecosystem Token to the roadmap of the main cryptocurrency exchange Coinbase, the price of POL has increased by more than fifteen percent. As a further announcement, the exchange stated […]
Coinbase Announces ACX Listing As Across Protocol Shoots
The price of Across Protocol (ACX) has increased by more than 14% since its listing on the Coinbase exchange. Trading activities to commence on August 21. The price of Across Protocol (ACX) increased by 14% due to the Coinbase exchange’s announcement of support for the asset. Users will receive guidelines regarding integrating the Across Protocol […]