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 Coinbase039s Base could make it the NVIDIA of DeFi

Coinbase039s Base could make it the NVIDIA of DeFi


Published: 2024-05-04


1. Coinbase exploring the possibility of launching its own token Coinbase is reportedly looking into the idea of creating its own token,which would be in line with other major firms such as Binance. This move could potentially help Coinbase compete in the decentralized finance (DeFi) space and boost its user base.

2. Comparison between Coinbase Base and NVIDIA's strategies The article draws parallels between Coinbase's potential token launch and NVIDIA's history of establishing itself in the AI and graphics processing units (GPU) markets. This comparison suggests that Coinbase could potentially follow a similar path to success by venturing into the DeFi sector.

3. Potential impact on the DeFi ecosystem If Coinbase does launch its own token and enter the DeFi space,it could bring significant changes to the ecosystem. This move could potentially attract more users to DeFi platforms,increase liquidity,and drive innovation in the industry. It remains to be seen how Coinbase's entry would affect existing DeFi projects and the overall market dynamics.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,929.99 1,714,051,171.26
2 ARS title=ARS 1,100.00 1,468,798,322.10
3 ETH title=ETH 3,104.00 1,149,076,660.25
4 SOL title=SOL 173.17 693,963,273.04
5 PEPE title=PEPE <0.01 264,751,314.91
6 DOGE title=DOGE 0.16 163,741,425.76
7 WIF title=WIF 2.82 156,953,717.96
8 NEAR title=NEAR 7.98 136,532,780.38
9 XRP title=XRP 0.52 135,880,456.16
10 BOME title=BOME 0.01 127,844,241.63
11 LINK title=LINK 16.07 125,832,800.07
12 RUNE title=RUNE 6.82 123,613,210.83
13 FTM title=FTM 0.84 112,878,495.03
14 PEOPLE title=PEOPLE 0.05 98,535,138.18
15 ENA title=ENA 0.72 95,126,396.80
16 FLOKI title=FLOKI <0.01 91,466,043.97
17 ORDI title=ORDI 41.39 85,878,872.82
18 AVAX title=AVAX 37.31 84,765,289.79
19 RNDR title=RNDR 10.05 71,435,338.07
20 WLD title=WLD 5.07 60,873,057.48
21 JTO title=JTO 4.55 59,550,046.07
22 AR title=AR 48.08 59,273,660.51
23 OP title=OP 2.59 56,720,130.56
24 SUI title=SUI 1.07 54,008,766.91
25 BCH title=BCH 482.70 53,165,131.62
26 ADA title=ADA 0.48 48,343,281.15
27 ETHFI title=ETHFI 3.52 46,489,200.95
28 BONK title=BONK <0.01 46,040,757.40

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cream title=CREAM 59.30 +26.20
2 0x Protocol title=ZRX 0.60 +22.03
3 Reserve Rights title=RSR <0.01 +19.50
4 TrueFi title=TRU 0.13 +16.18
5 Polymesh title=POLYX 0.46 +15.17
6 Gnosis title=GNO 304.00 +14.54
7 Pendle title=PENDLE 4.95 +14.50
8 Tensor title=TNSR 0.95 +13.69
9 Dusk title=DUSK 0.35 +12.71
10 ORDI title=ORDI 41.39 +12.32
11 Biconomy title=BICO 0.56 +11.86
12 ForTube title=FOR 0.02 +11.76
13 SSV Network title=SSV 41.57 +11.12
14 1000SATS (Ordinals) title=1000SATS <0.01 +10.49
15 Optimism title=OP 2.59 +9.98
16 Pyth Network title=PYTH 0.46 +9.56
17 Yield Guild Games title=YGG 0.91 +8.82
18 Oasis Network title=ROSE 0.09 +8.63
19 Raydium title=RAY 1.90 +8.50
20 LTO Network title=LTO 0.20 +8.45
21 Bitcoin Cash title=BCH 482.70 +8.23
22 COTI title=COTI 0.13 +8.11
23 Ether.fi title=ETHFI 3.52 +7.84
24 Bella Protocol title=BEL 0.89 +7.77
25 Dymension title=DYM 2.83 +7.76
26 Pixels title=PIXEL 0.37 +7.66
27 Stacks title=STX 2.12 +7.34
28 Metis title=METIS 61.81 +7.27
29 Avalanche title=AVAX 37.31 +7.24
30 Badger title=BADGER 4.39 +7.23

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 ConstitutionDAO title=PEOPLE 0.05 -8.78
2 High title=HIGH 4.56 -5.79
3 Immutable title=IMX 2.39 -4.70
4 FLOKI title=FLOKI <0.01 -3.74
5 BEAMX title=BEAMX 0.02 -3.49
6 Syscoin title=SYS 0.19 -1.24
7 NEAR Protocol title=NEAR 7.98 -0.98
8 Pepe title=PEPE <0.01 -0.98
9 Amp title=AMP <0.01 -0.98
10 AVA Foundation Bridged AVA (BSC) title=AVA 0.66 -0.83
11 Loom Network (NEW) title=LOOM 0.09 -0.80
12 Vanar Chain title=VANRY 0.19 -0.79
13 GMX title=GMX 29.94 -0.63
14 Jito title=JTO 4.55 -0.46
15 Wanchain title=WAN 0.25 -0.44
16 SuperRare title=RARE 0.12 -0.25
17 Coin98 title=C98 0.26 -0.19
18 iExec RLC title=RLC 3.27 -0.18
19 LeverFi title=LEVER <0.01 -0.16
20 LINA title=LINA <0.01 -0.01

Bitcoin's Greed and Fear Index.

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73
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Over 80 of recent Binance token listings are bleeding red 2024-05-17
2 Binance exec denied bail in Nigeria money laundering trial 2024-05-17
3 Sony warns 700 AI devs music streaming companies against content misuse 2024-05-17
4 How to trade crypto in the UK using Revolut X 2024-05-17
5 Binance backed Magic Square IDO platform to democratize retail investor access 2024-05-17
6 Is onboarding too hard Crypto adoption still faces major obstacles 2024-05-17
7 Bitcoin preps 039golden cross039 which last sparked 170 BTC price gains 2024-05-17
8 Dolce amp Gabbana face class action lawsuit after NFT delivery kerfuffle 2024-05-17
9 Crypto firms rally behind FIT21 bill approaching US House floor vote 2024-05-17
10 Harvard built hacker proof quantum network in Boston using existing fiber cable 2024-05-17
11 French regulator warns investors Bybit provided services illegally 2024-05-17
12 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
13 Big miners pose a growing existential threat to Bitcoin 2024-05-17
14 VC Roundup Web3 infrastructure tokenization of everything drawing investors 2024-05-17
15 Bitcoin moves toward range highs but derivatives traders watch from the sidelines 2024-05-17
16 039Crypto King039 Aiden Pleterski faces fraud money laundering charges 2024-05-17
17 Bybits Notcoin listing debacle China firms profits up 1100 after crypto buy Asia Express 2024-05-17
18 Memecoin launcher pumpfun claims ex employee behind 19M exploit 2024-05-17
19 DTCC Chainlink complete fund data tokenization pilot with US banks 2024-05-17
20 Altcoins a relatively huge risk as days of big returns are gone say analysts 2024-05-17
21 Reentrancy attacks in smart contracts explained 2024-05-16
22 Tether TON team up with mobile app for USDT to fiat transactions 2024-05-16
23 Were just scratching the surface of crypto and AI Microsoft exec 2024-05-16
24 Regulatory crackdown spawns anti SEC 039CultureCoin039 2024-05-16
25 Animoca Brands leads 7M funding round for Param Labs 2024-05-16
26 Bitcoin shrugs off US jobs data as BTC price gives up 66K support 2024-05-16
27 OpenAIs iPhone moment trumps Google AI lies porn and dating AI Eye 2024-05-16
28 Crypto VCs are back in action amid market rally 2024-05-16
29 Ex Alameda Research co CEO calls for fair sentencing of Ryan Salame 2024-05-16
30 M2 money supply 039holds the key039 for Bitcoin039s next move Market analyst 2024-05-16
31 Mastercard Standard Chartered test tokenized deposit transaction 2024-05-16
32 First US Presidential debate planned for June 27 Will crypto be on the agenda 2024-05-16
33 Mastercard launches next generation of blockchain payments startup program 2024-05-16
34 SEC custody rule made crypto regulation a political football Rep Nickel 2024-05-16
35 FTX repayments could create bullish overhang for crypto markets K33 Research 2024-05-16
36 Bitcoin crosses 66K as traders eye 2 key indicators for 70K target 2024-05-16
37 Vanguards new boss says Bitcoin ETF not on the table Report 2024-05-16
38 Blockchain ID project Humanity Protocol hits unicorn status with 30M raise 2024-05-16
39 Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims 2024-05-16
40 Worldcoin beefs up security by open sourcing biometric data system 2024-05-15
41 Does Trump care about crypto Bitcoin is latest battleground in US election 2024-05-15
42 Binance backed pSTAKE Finance launches Bitcoin liquid staking solution 2024-05-15
43 Small creditors put at risk by latest FTX bankruptcy development 2024-05-15
44 Bitcoin price taps 647K as US CPI shows core inflation at 3 year low 2024-05-15
45 How to bridge to zkSync 2024-05-15
46 Forget memecoins Bitcoin is driving the bull run NBX Warsaw 2024-05-15
47 UK cannabis millionaires legal deals on wheels via crypto 2024-05-15
48 Crypto trader turns 3K into 46M in one month as PEPE price soars 2024-05-15
49 Two brothers manipulated Ethereum protocols to steal 25M Justice Dept 2024-05-15
50 Filing suggests SEC is exploring grounds to deny spot Ether ETFs 2024-05-15

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