Bitcoin price has slightly recovered at the time of writing, and altcoins continue to perform positively. Coinbase is making its presence known in futures markets with its global exchange. Coinbase had launched its own Global exchange to diversify revenue streams and expand globally.
Coinbase Listing Announcement
According to an announcement made by the exchange today, if liquidity conditions are met, three cryptocurrencies will be listed. The pairs to be opened are BLUR-PERP, SEI-PERP, and UNI-PERP, but for now, this news has not had much impact on their prices. Looking on the bright side, this trio has another reason to rise on March 14th. Moreover, in bull markets, such minor details can trigger parabolic rallies.
Finally, the increased capital inflow into these altcoins, which will have more liquidity, is a possibility that should not be overlooked. Investors should consider the potential for volatility on the day of the listing. Currently, the ETF channel is strong in volume, and with BTC aiming for $68,000 again, optimism prevails in the altcoin market.
