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?

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…

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2019-03-15 14:33:33

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