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Is Coinbase Effect Dead? Crypto Assets Show Minimal Movement After Listing



In a continuation of good news for crypto asset Stellar, Coinbase recently announced the listing of XLM on its platform. Markets reacted positively to the news, with a 4% increase against the Dollar, but similar to XRP’s recent listing on the platform; investors were left feeling somewhat disappointed.

Is this further confirmation of Coinbase’s diminishing influence? Or, were past pumps the result of market manipulation?

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Coinbase Making All The Right Moves

2018 proved to be an outstanding year for Coinbase. For instance, rumors of an imminent IPO circulated when they announced a successful round of investment fundraising to the tune of $300 million – which…





Read Full Story : NewsBTC

2019-03-15 14:33:33

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