Before the Fed meeting on September 21, Bitcoin fell below $20,000 again, while the fall in Ethereum upset the investors who expected a rise after Merge.
Good news continues to come from Coinbase in the market where the principle of buy the rumor and sell news is embodied once again.
Good news about an altcoin came from the stock market, which is seen as the largest stock market in the USA and the gateway of cryptocurrencies to institutional investors.
Coinbase has added Illuvium (ILV) to its roadmap for the coins it has decided to list.
The following statements were included in the statement:
“We will continue to add assets that we have positively decided to list in the “Roadmap” section.
Coinbase added Illuvium to its roadmap today.
Transfer and trading are not supported for these assets until the listing is officially announced.”
Although the ILV price jumped 12% after the Coinbase news, the price returned to its previous level due to the negative atmosphere in the market.
Why Did They Decide To List These Altcoins?
The stock market answers this question with the following statements:
“Our goal is to list every asset that meets our legal and technical security standards.
These standards do not take into account the market value or popularity of a project.
This means there are assets that we conclude do not meet our standards and therefore will not be listed on Coinbase at this time.
If we haven’t listed a popular asset yet, it’s probably due to a variety of reasons such as:
1- We conclude that the asset does not meet our minimum listing standards for legal and technical security.
2- We do not have enough information about the asset
3- Technical integration work is required.”
*Not Investment Advice.
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