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CryptoMarket Daily Updates

Biconomy (BICO) is launching on Coinbase Pro

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Starting Today, Wednesday December 1, transfer BICO into your Coinbase Pro account ahead of trading. Support for BICO will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin later today if liquidity conditions are met.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Voyager Token (VGX), Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD), Power Ledger (POWR), GYEN (GYEN) Crypto.com Protocol (CRO), Kryll (KRL), LCX (LCX) SUKU (SUKU), OriginTrail (TRAC), Assemble Protocol (ASM), ARPA Chain (ARPA) and Bounce (AUCTION).

Suggested Read: FAQ and Top Need To Know Info About DeSo – Crypto Bite

Once sufficient supply of BICO is established on the platform, trading on our BICO-USD, BICO-USDT and BICO-EUR order books will launch in phases, auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Biconomy (BICO) is an Ethereum token powering Biconomy, a network that aims to seamlessly connect users to any decentralized application across multiple chains for relatively low fees. BICO can be used to pay for network fees and to vote on upgrades.

BICO is not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.

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Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.

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Biconomy (BICO) is launching on Coinbase Pro was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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CryptoMarket Daily Updates

Metaverse Winter is So Cold

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You are right if you think Metaverse is a blockchain technology equipped with Virtual Reality!

Despite all hype about the Metaverse, there is no solid definition of what the Metaverse is. 

Why do you put yourself into the virtual world while you can perform everything in the physical world? Doesn’t the effort redundant?

Play to earn?!

I do not think people will become game enslaved only to earn tokens that will likely be useless in the future.

Virtual real estate?!

There is no uniqueness in the location in digital space, which artificially increases the value of the virtual land.

Maybe we are too far ahead of ourselves about the technology that can bring real utility to society.

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Photo by Jezael Melgoza on Unsplash

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Cryptomarket Valuation and Opinion 01-25-22

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You can view my 1 min video summary if you want to skip the reading:

NFT market highlights:

The NFT market is up. Web2 companies are quietly joining the NFT force.

Today’s sentimental news and comments:

Bullish News ?

The IMF urges El Salvador to ditch Bitcoin. The IMF is afraid its future is looming.

Bearish News ?

Kazakhstan powers down again and leaves Bitcoin miners in the dark.

DAO News ☯️

Syndicate, a DAO services startup, founded Web3 Investment Clubs to launch their own DAOs.

Future Trend ?

The quantum-resistant messaging app is out. That means crypto can be unstoppable in the future!

Talents are drawing into the crypto industry and left Web2 in the dust.

Scam Alert ⚠️

Scam: GrimaceCoin 

Reason scam: scammers on Twitter and scam people away

Scam types: scam token, rug pull potential


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Crypto News

Cryptomarket Valuation and Opinion 01-24-22

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cryptocurrency news

You can view my 1 min video summary if you want to skip the reading:

NFT market highlights:

The NFT market and the crypto market have been struggling with the direction. The future is very uncertain right now.

Today’s sentimental news and comments:

Bullish News ?

Biden administration planning executive order on Crypto. I think it is an opportunity for the crypto industry to educate the government about how they may shape the future economy.

Bearish News ?

Russia’s central bank bans on crypto mining and trading even their citizens oppose it. Another country to join China to ban crypto completely.

DAO News ☯️

MetaOasis DAO has its office in Sandbox. The virtual headquarter will be a trend.

Future Trend ?

Ethereum changes Ethereum 2.0 roadmap and rebrand to executive layer for ETH 1.0 and consensus layer for ETH 2.0. However, it doesn’t help to continue pushing the release date of Ethereum further.

South Korea completes its CBDC first phase testing as its central bank continues moving toward digital currency integration.

Scam Alert ⚠️

Scam: OpenSea front-end bug 

Reason scam: hackers exploited the undervalued NFTs and flip Bored Apes with very low prices.

Scam types: market flipping through front-end bug


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