Bitcoin Cost Battles but 0x and BAT Surge Upon Coinbase Announcement

2018-7-14 22:18

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Coinbase, the world’s largest crypto exchange, brokerage, and wallet platform has announced its intention to list Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX), causing the price of tokens to surge, while bitcoin has struggled to demonstrate any major price action.
However, the Coinbase team emphasized that despite the additional approval and verification work required to list the five digital assets, the company decided to list them.
Still, the price of BAT and 0x surged by around 25 percent and 15 percent respectively, allowing the valuation of the crypto market to increase slightly by $3 billion.
BAT Price on Binance, Chart by TradingView The price of BAT surged by a larger margin than 0x because while the listing of 0x was highly anticipated by the crypto community, given the involvement of Coinbase founding members in the 0x Protocol and the company’s recent acquisition of Paradex, BAT wasn’t being discussed as potential candidates for Coinbase listing.
Currently, as of July 14, BAT remains as the 11th most traded cryptocurrency against bitcoin on Binance, above major digital assets like Bitcoin Cash, Binance Coin, NEO, and Litecoin.

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Bitcoin (BTC) на Currencies.ru

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