Connect with us

zephyrnet

Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains

Avatar

Published

on

Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains

Sunday, Dec. 8 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as Bitcoin (BTC) hovers around the $7,550 mark again.

Market visualization courtesy of Coin360

Bitcoin price is currently down by 0.2% on the day, trading at around $7,552 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 2.91%.

Bitcoin 7-day price chart. Source:Coin360

On Dec. 6, cryptocurrency market analyst Alex Thorn pointed out on Twitter that the total number of on-chain Bitcoin addresses holding any amount of Bitcoin hit a new record of 28.39 million.

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $16.3 billion. 

Coin360 data shows that ETH has seen its value increase by about 0.11% over the last 24 hours. At press time, ETH is trading around $150. On the week, the coin has also gained about 1.35% of value. 

Overall, the price of the coin seems completely unaffected by the upgrade to its software introduced by the recent hard fork. Some members of the cryptocurrency community express confusion and surprise over the lack of reaction on the asset’s price part on Twitter:

“I really don’t understand ethereum doesn’t go up today.”

Ether 7-day price chart. Source:Coin360

XRP is up by about 0.69% over the last 24 hours and is currently trading at around $0.227. On the week, the coin is up about 3.18%. Ripple’s XRP is currently the second-largest altcoin, has a market cap of $9.9 billion at press time.

XRP 7-day price chart. Source:Coin360

Among the top 20 cryptocurrencies, the only one reporting double digit gains is Algorand (ALGO), which has seen its value increase by about 10.46% over the 24 hours to press time.

At press time, the total market capitalization of all cryptocurrencies is $204.8 billion, about 2.4% higher than the value it reported a week ago.
 

Keep track of top crypto markets in real time here

Published at Sun, 08 Dec 2019 13:30:00 +0000

zephyrnet

Coinbase Custody selected by 21Shares for Bitcoin ETP

Avatar

Published

on

Coinbase

Today we’re proud to announce that 21Shares AG has chosen Coinbase Custody to store its digital assets for its Bitcoin ETP. 21Shares AG is listing its 21Shares Bitcoin ETP (ISIN: CH0454664001 — WKN A2T64E) on the Deutsche Börse’s Xetra electronic venue on Thursday July 2nd 2020. Coinbase Custody will serve as custodian for the underlying assets of their Bitcoin ETP.

21Shares selected Coinbase Custody after reviewing our institutional-grade offline storage solution, which includes world-class security, regulatory compliance and insurance coverage. Coinbase is committed to serving a wide spectrum of institutional clients and we are excited to be the chosen custodian for the 21Shares Bitcoin ETP, Europe’s first physically-backed bitcoin ETP.

Hany Rashwan, CEO at 21Shares AG, says, “21Shares is delighted to bring this historic product to Europe. We are honored to give investors access to the best performing asset class of the last decade and we believe the next ten years as well, through our simple, transparent, and regulated crypto ETP product suite.”

Coinbase Custody is the world’s largest and most trusted crypto custodian. To learn more about Coinbase Custody click here.

Source: https://blog.coinbase.com/coinbase-custody-selected-by-21shares-for-bitcoin-etp-a1b5dd380694?source=rss—-c114225aeaf7—4

Continue Reading

zephyrnet

Compound (COMP) is now available on Coinbase Earn

Avatar

Published

on

Coinbase

Earn COMP while learning how to borrow crypto and earn interest with Compound

Coinbase’s mission is to create an open financial system, where anyone in the world can participate on equal terms from their computer or smartphone. To bring this vision to life, we’ll need to make blockchain technology more accessible, both in the sense of making cryptocurrencies easier to obtain and easier to understand.

Coinbase Earn is a trusted source where customers all around the world can educate themselves about new developments in crypto and earn assets as rewards. Starting today, Coinbase customers can start earning Compound (COMP) by watching lessons and completing quizzes about the Compound protocol and its governance token COMP.

Compound (COMP) is an Ethereum token that governs the autonomous Compound protocol. The protocol allows anyone to borrow and lend Ethereum tokens through a decentralized market. Lenders earn interest on the crypto they supply to the protocol and borrowers pay interest to borrow it.

The ability to earn crypto assets has become an increasingly important function in the crypto ecosystem — alongside buying, staking, voting, and mining — especially when paired with education.

Since the launch of Coinbase Earn in 2018, we’ve announced nine different assets, including 0x, Basic Attention Token, Zcash, Stellar Lumens, EOS, Dai, Tezos, Orchid and now Compound. In less than a year, asset issuers offered over $100M in crypto to distribute to our customers, and we have launched Earn internationally. As we expand globally, millions of people are gaining access to a trusted, secure, and legal bridge to the crypto economy — even if they don’t have a credit card or bank account with which to buy crypto.

Check out all Coinbase Earn campaigns through our homepage or access them directly through the Coinbase mobile app.

You can sign up for a Coinbase account here and download the iOS or Android app to start earning crypto today.

Coinbase receives a servicing fee from the participating asset issuer. Consideration for Coinbase Earn is wholly independent of our digital asset framework for new listings. Click here for our Earn FAQ and terms.

Source: https://blog.coinbase.com/compound-comp-is-now-available-on-coinbase-earn-74cb88acbf78?source=rss—-c114225aeaf7—4

Continue Reading

zephyrnet

Compound (COMP) is now available on Coinbase

Avatar

Published

on

Coinbase

Starting today, Coinbase supports Compound (COMP) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store COMP. COMP will be available for customers in all Coinbase-supported regions, with the exception of New York state.

Compound (COMP)
Compound (COMP) is an Ethereum token that governs the Compound protocol. The protocol allows anyone to supply or borrow Ethereum tokens through a decentralized market. Suppliers earn interest on the crypto they supply to the protocol and borrowers pay interest to borrow it.

One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We published a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see COMP here), as well as a new section of the Coinbase website to answer common questions about crypto.

You can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store COMP today.

Coinbase owns COMP tokens as a result of a 2018 investment in Compound. Coinbase intends to maintain its investment in Compound for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including COMP tokens.

Source: https://blog.coinbase.com/compound-comp-is-now-available-on-coinbase-de42a317790c?source=rss—-c114225aeaf7—4

Continue Reading
AR/VR3 hours ago

The VR Job Hub: Asobo Studio, ARVI & Fun Train

Blockchain10 hours ago

Yield Farming Fuels Buzz Around DeFi, but Fundamentals Are Lagging

Blockchain16 hours ago

South Korean Beachgoers Can Now Use Bitcoin to Pay for Services

Blockchain17 hours ago

Price Highs, Bull Runs, and Thieves: Bad Crypto News of the Week

Blockchain17 hours ago

Massive Short Squeeze Prompts Chainlink (LINK) Price to Rally 52%

Blockchain18 hours ago

Cryptocurrency Cards: An Unnecessary Solution That Should Be Stopped

Blockchain19 hours ago

Kava Labs Partners with BNB48 Club to Raise BNB DeFi Awareness

Blockchain20 hours ago

Real Estate Blockchain Firm Ubitquity to Build Tokenized Title Platform

Blockchain22 hours ago

Cryptocurrency News From Japan: August 2 – August 8 in Review

Blockchain23 hours ago

Polish Financial Watchdog Impersonated by Crypto Scammers

Blockchain24 hours ago

Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy

Blockchain1 day ago

Mobile DeFi and the Shift Toward Self-Sovereignty

Blockchain1 day ago

BTC and ETH Crypto Derivatives in Demand, Market Expected to Grow Further

Covid191 day ago

Virginia Supreme Court Grants Temporary Moratorium on Evictions

Blockchain1 day ago

Bitcoin is Almost as Big as Bank of America

Blockchain1 day ago

The Price of Bitcoin Is Facing Its Final Resistance Zone Before $15K

AR/VR1 day ago

Virtual Reality: The Solution for the Present and Future of Events — Simlab IT

Cannabis1 day ago

FREE Webinar September 17: Hemp CBD Q&A

Blockchain1 day ago

Richard Stallman: A Discussion on Freedom, Privacy & Cryptocurrencies

AR/VR1 day ago

VR Escape Room Specialist ARVI Partners With HTC Vive to Expand Global Deployment

Blockchain1 day ago

Slow But Steady: FATF Review Highlights Crypto Exchanges’ Struggle to Meet AML Standards

Science1 day ago

Première biopsie liquide à recevoir l’approbation de la FDA pour le profilage complet des tumeurs dans tous les cancers solides, le diagnostic compagnon Guardant360® de Guardant Health gagne en crédibilité auprès des oncologues en Asie, au Moyen-Orient et en Afrique.

Covid191 day ago

2 Out Of 3 Churchgoers: It’s Safe To Resume In-Person Worship

Blockchain1 day ago

Title Token for Blockchain Estate Registry, Part 3

Blockchain1 day ago

Eerily Accurate Analyst Thinks Bitcoin Could Hit $20,000 in the Next 3 Months

Blockchain1 day ago

Ransomware Attacks Demanding Crypto Are Unfortunately Here to Stay

Science1 day ago

Ever-Glory To Report Second Quarter 2020 Earnings on August 14, 2020

Cyber Security2 days ago

Bitglass Security Spotlight: Over 200k Instacart Users’ Data Is Being Sold on Dark Web

Blockchain2 days ago

Analysts Fear an Ethereum Drop to $300 As Price Becomes “Heavy”

Science2 days ago

WeissLaw LLP Reminds GRUB and NBL Shareholders About Its Ongoing Investigations

Science2 days ago

SHAREHOLDER ALERT: WeissLaw LLP Reminds OTEL and DCOM Shareholders About Its Ongoing Investigations

Science2 days ago

SHAREHOLDER ALERT: WeissLaw LLP Reminds MXIM and TORC Shareholders About Its Ongoing Investigations

Science2 days ago

WeissLaw LLP Reminds CNXM and ONDK Shareholders About Its Ongoing Investigations

Blockchain2 days ago

Major South Korean Bank Joins the Crypto Custody Business

Blockchain2 days ago

Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support

Blockchain2 days ago

BitMEX Leaderboard Trader Fears Bitcoin Could See a Second “Flash Dump”

Blockchain2 days ago

Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level

Blockchain2 days ago

Adam Back: Some ICOs Funded Useful Research Despite Being Unethical

Covid192 days ago

Gov. Cuomo Clears The Way For In-Person Learning At Schools In New York State

Blockchain2 days ago

An Official North Dakota Cryptocurrency Could Be on the Horizon

Trending