tl;dr
Coinbase, a leading cryptocurrency exchange, has announced the commencement of trading for Render (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT) crypto tokens in New York, U.S. This decision has gained significant attention in the broader crypto market, sparking optimism f...
Coinbase, a leading cryptocurrency exchange, has announced the commencement of trading for Render (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT) crypto tokens in New York, U.S. This decision has gained significant attention in the broader crypto market, sparking optimism for the future prices of these coins despite recent market downturns. The availability of these tokens for trading to New York residents on Coinbase's platforms is expected to inject new money into their ecosystems, reflecting market optimism. Currently, the prices of these tokens have experienced slight declines amidst a reported crypto market crash, with Bitcoin slipping to around the $60K mark.
The latest update from Coinbase, one of the globally leading cryptocurrency exchanges, has recently caught worldwide attention. The crypto trading platform today announced that it is commencing trading for Render (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT) crypto tokens in New York, U.S. This announcement by the CEX promptly gained significant traction across the broader crypto market, glimmering hope for these coins’ future prices despite a recent bearish crypto market. Let’s take a closer look at why.
According to the CEX’s official statement on X, RENDER, HBAR, AKT, HNT, and APT are now available for trading to NY residents on the Coinbase site, IOS, and Android app. The decision to streamline trading offerings for these cryptos is expected to inject substantial new money into the tokens’ ecosystems. Usual market sentiments convey substantial market optimism with the new listings. As seen recently, Coinbase ruled out XRP trading in New York, causing the price to jump. Furthermore, even the meme coin’s Bonk price soared remarkably after the Coinbase New York listing. These past chronicles, collectively, have curated hope for the tokens’ future price movements.
As of writing, RNDR’s price rested at $7.195, down 0.49% in the past 24 hours. APT’s price slipped 0.63% to trade at $6.787. HNT price saw a pullback, tumbling 5.90% to $3.247. HBAR price fell 2.99% to trade at $0.07562. AKT saw a 2.99% decline to $2.846. As mentioned above, the dip in the cryptos’ prices comes against the backdrop of a crypto market crash reported by CoinGape Media today. Bitcoin (BTC) price slipped as low as the $60K mark alongside a majority of the cryptos in the past 24 hours.
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