Tuesday, September 26, 2023
HomeEthereumExchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring...

Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

Coinbase, the top US-based cryptocurrency exchange platform, has more than a dozen Ethereum (ethereum) based altcoins.

coin base To tell The Coinbase Custody Cold Storage Trust adds 14 new cryptocurrencies to its growing roster of cryptocurrencies.

Launched in July 2018, Coinbase Custody is a cryptocurrency custody service for wealthy and blue-chip investors in New York, designed to help traders safely store large amounts of digital assets.

This announcement is a cross-chain metaverse platform Ispolink (ISP), from $0.000776 to $0.00106, a 20% increase. ISP has since stabilized, trading at $0.000815 at the time of writing.

Next on the list is the DeFi Yield Protocol (DYP) is a decentralized ecosystem that provides yield farming solutions and empowers users with trading tools. The DYP has increased 1.6% from $0.1601 to $0.1627 at the time of writing.

Other crypto assets that made minimal profits that day include music-based non-fungible token (NFT) builder Muse DAO (muse), network infrastructure provider Merlin (pond), blockchain data provider Parsiq (PRQ), multi-chain NFT farmer SuperFarm (farm), the interoperable protocol Synapse (SYN), and NFT Curator XMON (XMON) and ImmutableX (IMX).

Digital assets whose prices fell after the announcement include financial services creator chains (XCNMore), down 7% in the last 24 hours, from $0.057 to $0.53 at the time of writing.

Other products with slight price reductions include StaFi (FIS), a protocol aimed at resolving the conflict between security and token liquidity within the proof-of-stake consensus mechanism and the layer-2 scaling solution Metis (Metis).

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