Coinbase Effect

Latest Coinbase Effect news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Coinbase Effect

Privacy Token Horizen (ZEN) Soars 22% After Listing on Coinbase

Inclusion on the crypto exchange has historically bumped up prices.

By Lyllah LedesmaSep 16, 2021

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Latest Crypto News

Yesterday

9:08 PM

Neutral

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won't reach for the panic button

The main impact of the price decline is slowing Strategy's ability to buy more bitcoin without diluting shareholders, as its stock now trades at a discount to its bitcoin holdings.

8:30 PM

Negative

Bitcoin hashrate drops 12% in worst drawdown since China mining ban: CryptoQuant

A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.

6:34 PM

Neutral

Retail traders are running for the exit amid bitcoin's selloff, while 'mega-whales' are quietly buying the dip

Glassnode data shows large bitcoin holders accumulating, while retail remains in distribution.

6:22 PM

Negative

Solana DeFi platform step finance hit by $27 million treasury hack as token price craters

The platform's governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.

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