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  • Voyager Token (VGX) is launching on Coinbase

    Voyager Token (VGX) is launching on Coinbase

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    Starting today, Voyager Token (VGX) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store VGX in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro.

    Voyager Token (VGX) is an Ethereum token that’s used to reward and incentivize use of the Voyager centralized exchange. On Voyager, VGX holders can earn staking rewards, receive cashback on trades, and more.

    One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see VGX), as well as a new section of the Coinbase website to answer common questions about crypto.

    Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store e Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store VGX today.

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    Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.

    This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

    Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

    All images provided herein are by Coinbase.


    Voyager Token (VGX) is launching on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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  • Bitcoin price seesaws beneath $60K as anticipation builds for fresh BTC ‘short squeeze’

    Bitcoin price seesaws beneath $60K as anticipation builds for fresh BTC ‘short squeeze’

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    Bitcoin (BTC) chopped and changed on Nov. 18 but held a critical support level to preserve the chance of new all-time highs.

    BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

    $90,000 remains on the table

    Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged between $59,000 and $60,000 Thursday, seeing $1,000 swings in minutes.

    With the pair’s overall range becoming ever narrower, talk turned to a potential “short squeeze” entering to push its spot price to new, higher levels.

    “Based on the Futures Market structure, the funding rate and OI momentum trends are forming a perfect setting for a ‘Short-Squeeze’ scenario,” one contributor to on-chain analytics firm CryptoQuant argued Wednesday.

    “Then the question is, what price range would act as a support level?”

    A similar event occurred at the end of September when Bitcoin suddenly surged into a week of almost unchecked gains, which topped out at $55,000.

    For popular trader Crypto Ed, the chances were there that the $58,400 lows of recent days may be a more definitive floor.

    “Maybe a bit early to post as the bottom might not be in yet, but I’m getting excited when checking next targets which don’t seem to be that far away!” he ventured Wednesday.

    “In case I’m right with bottom in already or around $57k, the target is more or less the same….. $90.000 and a little bit.”

    BTC/USD scenario. Source: Crypto Ed/Twitter

    Analyst warns of investor complacency

    Such price targets have become increasingly controversial as Bitcoin’s bull run stalls below $70,000, with less than two weeks left to hit PlanB’s “worst-case scenario” November close of $98,000.

    Related: Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — Latest data

    This week, PlanB reiterated the difference between that prediction and his stock-to-flow Bitcoin price models, with a failure to hit it leaving the latter intact.

    For the short term, however, some considered the market still unprepared to support a fresh BTC price run-up.

    Highlighting a lack of “fear” in sentiment, trader and analyst Rekt Capital was sober on the likelihood of a full-on trend reversal.

    “Doesn’t seem that BTC investors are fearful enough towards price for this retrace to be over just yet,” he warned.

    “It is Extreme Fear that precedes maximum financial opportunity, not neutrality.”

    The Crypto Fear & Greed Index stood at 54/100 Thursday — “neutral” territory — having reached local highs of 84/100 on Nov. 9.

    Crypto Fear & Greed Index. Source: Alternative.me