Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Hometown on April 03, 2021, 02:47:17 PM
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Among six of the major crypto exchanges, Coinbase listings have the biggest effect on a coin's price, according to a researcher at the crypto intelligence firm Messari.
Its report noted the so-called 'Coinbase Effect' as a well-known phenomenon referring to the positive effects that an announcement of an asset listing on this exchange has on that asset's price, given the exposure it gains to a new set of market participants.source (https://cryptonews.net/508704/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)