bullish

Toncoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/coinbase-lists-new-altcoins-and-influences-market-prices/" data-wpel-link="internal">Coinbase Lists New Altcoins and Influences Market Prices</a> 
It is well known that listings and delistings by <a href="https://en.coin-turk.com/key-developments-in-the-cryptocurrency-market-3/" data-wpel-link="internal">cryptocurrency exchanges</a> can have significant effects on prices. One such instance occurred recently involving Binance and Toncoin (TON). TON’s price surged by over 40% within minutes, capturing the entire market’s attention. Following the midday events, Coinbase also made a move, announcing the initiation of futures trading for three different cryptocurrency pairs. 
<h2 style="text-align: justify" id="coinbase-lists-new-altcoins">Coinbase Lists New Altcoins</h2> 
Coinbase, one of the world’s largest exchanges by volume, is known for the significant impacts its listings can create. In this context, a <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">recent announcement</a> by the exchange has turned all eyes to three different altcoins. 
The announcement regarding the three altcoins for which futures trading will be initiated is as follows: 
<blockquote> 
 CoinbaseIntExch, Coinbase International Exchange, and Coinbase Advanced will add support for perpetual futures trading of Degen, EOS, and SATS. The DEGEN-PERP, EOS-PERP, and 1000STATS-PERP markets will open at or after 9:30 UTC on 15 AUG 2024. #DEGEN #EOS #SATS 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-378168" src="https://coin-turk.com/wp-content/uploads/2024/08/coinbase-listeleme-coin-turk-com.png" alt="" width="1200" height="675"> 
Following this announcement by Coinbase, the market’s attention turned to these three altcoins amid a bullish market outlook. 
<h2 style="text-align: justify" id="degen-eos-1000sats-price-updates">DEGEN, EOS, 1000SATS Price Updates</h2> 
Charts reflected an increase in all three cryptocurrencies, with a bullish dominance in the market. Firstly, DEGEN saw its price rise by over 30% in the last 24 hours, reaching $0.004154. This surge also increased its market cap to $58 million. 
Secondly, examining 1000SATS, the price increased by 15%, trading at $0.0002528. 1000SATS’s market cap exceeded $530 million, while its trading volume fell by 13.5% to $144.8 million. 
Lastly, EOS experienced a relatively weaker increase of 7%, trading at $0.479. 
Overall, Coinbase listings are known to trigger significant price movements due to their volume impact. Monitoring the price movements following the initiation of trades will be beneficial for <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/coinbase-lists-new-altcoins-and-influences-market-prices/" data-wpel-link="internal">Coinbase Lists New Altcoins and Influences Market Prices</a></h5>
The post <a href="https://en.coin-turk.com/coinbase-lists-new-altcoins-and-influences-market-prices/" data-wpel-link="internal">Coinbase Lists New Altcoins and Influences Market Prices</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Coinbase Lists New Altcoins and Influences Market Prices

Table of Contents

COINTURK NEWS

Other articles published on Aug 8, 2024

Crypto Traders Flood Exchanges with $1 Billion in Stablecoins

CoinShares Alum Demirors Raises $75M for New Crypto VC Fund

Gate.io CEO Dr. Han Lin at ABS2024: We Are Still at the Dawn of a Revolutionary Era

Morgan Stanley Investors to Get Bitcoin ETF Access

Jump Trading Withdraws $32.6 Million USDC from Binance

RBI’s Digital Rupee Gains Momentum with Google and Amazon Planned Joint Effort

Join our free newsletter for daily crypto updates!