Just-In: Coinbase Opens Trading for RNDR, HBAR, APT, HNT, AKT In New York

Coingapestaff
June 24, 2024
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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Highlights

  • Coinbase commences HBAR, RNDR, APT, other cryptos trading in New York
  • Previous listings in New York caused prices to rally.
  • RNDR, APT, HBAR, and others trade sluggishly today.

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.

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Coinbase Rolls Out RNDR, HBAR, APT, Others Trading In New York

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.

Also Read: The Meme Coin Freefall: What You Should Know

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RNDR, APT, HBAR & Others Market Performance

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.

Also Read: Louisiana Passes Law to Protect Bitcoin Access and Ban CBDCs

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.