Investors are eagerly anticipating the end of the quarter as stock markets prepare for the upcoming potential in a bullish environment. In bear markets, costs lead to clean-ups of pairs and major delisting announcements. However, bull markets present a contrasting scenario.
New Cryptocurrency Listing Announcement
Coinbase has announced a new cryptocurrency listing, capitalizing on relaxed regulations in the U.S. This has allowed the platform more freedom in its listings. Historically, the exchange exercised caution to avoid legal issues, especially following the initial months of the Trump administration. However, it has since accelerated its listings to offer more alternatives, aiming to become the top choice for U.S. citizens. Today, Coinbase announced the listing of Lombard (BARD).
Later today, trading will commence for investors, contingent on the fulfillment of necessary liquidity conditions.
As a newly introduced altcoin, there has been minimal price movement, and it continues to appear on other exchanges. The $1 mark is typically a psychological support level in such launches, and if broken, a search for a new support ensues. Currently maintaining the $1 level, the daily resistance for this altcoin is set at $1.105.
