{"id":11700,"date":"2022-03-24T22:24:35","date_gmt":"2022-03-24T22:24:35","guid":{"rendered":"http:\/\/egrowonline.com\/?p=11700"},"modified":"2022-03-24T22:24:35","modified_gmt":"2022-03-24T22:24:35","slug":"coinbase-sparks-crypto-rallies-after-listing-new-altcoin-project-adding-staking-support-for-ethereum-challenger","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=11700","title":{"rendered":"Coinbase Sparks Crypto Rallies After Listing New Altcoin Project, Adding Staking Support for Ethereum Challenger"},"content":{"rendered":"


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A \u2018lightweight\u2019 blockchain focusing on privacy and connectivity is rallying after a surprise listing from Coinbase.<\/p>\n

In a new tweet, the US-based cryptocurrency exchange says that Mina Protocol (MINA) will start trading on Coinbase Pro paired with Tether<\/a> (USDT) once appropriate liquidity conditions are met.<\/p>\n

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New Asset: Coinbase will add support for Mina (MINA). Inbound transfers for this asset are now available on @Coinbase<\/a> and @CoinbaseExch<\/a> in the regions where trading is supported. Trading will begin on or after 9AM PT on Thurs March 24, if liquidity conditions are met. pic.twitter.com\/JPzdE1mYdV<\/a><\/p>\n

\u2014 Coinbase Assets (@CoinbaseAssets) March 23, 2022<\/a><\/p>\n<\/blockquote>\n

According to the project website<\/a>, MINA is \u201cthe world\u2019s lightest blockchain\u201d with a fixed size of 22 KB. The small size means that anyone with a smartphone can use it to connect to the internet and validate transactions.<\/p>\n

The protocol also employs zero-knowledge (ZK) proofs to maintain the integrity of each user\u2019s data while completing smart contracts.<\/p>\n

News of the Coinbase listing initially sent MINA exploding upward in two waves, rising 25.4% from $2.16 to $2.71 before correcting.<\/p>\n

Mina Protocol<\/a> is currently up 2.58% on the day, trading for $2.61.<\/p>\n

Coinbase also announces in a tweet<\/a> that it\u2019s expanding its staking roster by adding smart contract platform and Ethereum<\/a> (ETH) challenger Cardano (ADA) to the list.<\/p>\n

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More @Cardano<\/a>. More staking.<\/p>\n

We have officially expanded staking offerings to include $ADA<\/a> so you can begin earning rewards on your crypto!<\/p>\n

Read more here \u2192 https:\/\/t.co\/DgGBE2Kn0w<\/a>
See $ADA<\/a> info here \u2192 https:\/\/t.co\/wy54lLRcQU<\/a> pic.twitter.com\/6T6ZF9FPkq<\/a><\/p>\n

\u2014 Coinbase Assets (@CoinbaseAssets) March 23, 2022<\/a><\/p>\n<\/blockquote>\n

According to a new blog post<\/a>, ADA stakers can earn around 3.75% APY.<\/p>\n

Says Coinbase of the staking feature,<\/p>\n

\u201cYou shouldn\u2019t have to be an expert crypto trader to grow your crypto portfolio. Offering simple ways for our customers to earn crypto through staking is an important step in building an open financial system.\u201d<\/em><\/p>\n

At time of writing, Cardano<\/a> is up 7.75% to $1.16.<\/p>\n

ADA was trading below $0.85 just one week ago.<\/p>\n

Check Price Action<\/a><\/span><\/em>
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/DomCritelli\/Sensvector<\/em><\/span><\/p>\n<\/p><\/div>\n


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A \u2018lightweight\u2019 blockchain focusing on privacy and connectivity is rallying after a surprise listing from Coinbase. In a new tweet, the US-based cryptocurrency exchange says that Mina Protocol (MINA) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met. New Asset: Coinbase will add support for Mina (MINA). Inbound […]<\/p>\n","protected":false},"author":1,"featured_media":11701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[1981,349,6569,315,62,158,323,173,641,4322,994,216],"class_list":["post-11700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-adding","tag-altcoin","tag-challenger","tag-coinbase","tag-crypto","tag-ethereum","tag-listing","tag-project","tag-rallies","tag-sparks","tag-staking","tag-support"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/coinbase-sparks-rallies.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11700"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11700\/revisions"}],"predecessor-version":[{"id":11702,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/11700\/revisions\/11702"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/11701"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11700"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}