EddieJayonCrypto

 20 Aug 24

tl;dr

Coinbase, a cryptocurrency exchange platform, has expanded its offerings for New York-based customers by adding five new digital assets: NEAR Protocol (NEAR), Aero (AERO), VeChain (VET), VeThor Token (VTHO), and PayPal USD (PYUSD). These assets are now available for trading, buying, selling, convert...

Coinbase, a cryptocurrency exchange platform, has expanded its offerings for New York-based customers by adding five new digital assets: NEAR Protocol (NEAR), Aero (AERO), VeChain (VET), VeThor Token (VTHO), and PayPal USD (PYUSD). These assets are now available for trading, buying, selling, converting, sending, receiving, or storing on the Coinbase website and its mobile applications in New York. This expansion reflects Coinbase's efforts to increase its presence in one of the most regulated markets for cryptocurrencies in the US. The addition of new assets aims to enhance liquidity and attract retail and institutional investors.

Despite the announcement, the prices of the digital currencies did not experience significant reactions. Coinbase cryptocurrency exchange platform has expanded its offerings for New York-based customers by adding five new digital assets to the list of available cryptocurrencies. This expansion enables New Yorkers to access and trade NEAR, AERO, VET, VTHO, and PYUSD (ERC-20) on the crypto exchange website and its mobile applications.

In a recent announcement by Coinbase, NEAR Protocol (NEAR), Aero (AERO), VeChain (VET), VeThor Token (VTHO), and PayPal USD (PYUSD) are now available for trading, buying, selling, converting, sending, receiving or storing by the users in New York. This can be seen as a huge expansion to the list of digital assets that are available in the state, which is an indication of the crypto exchange’s efforts to increase its presence in one of the most regulated markets for cryptocurrencies in the US.

These assets can be accessed on the Coinbase website, as well as through their iOS and Android applications, allowing users to conveniently monitor and track their digital assets. This is a positive for crypto traders and investors in New York as they can now include these assets in their portfolios.

The crypto exchange had also added five other digital assets to its list of offerings for New York residents in June. Some of the assets are Render Token (RNDR), Hedera (HBAR), Akash Network (AKT), Helium (HNT), and Aptos (APT). The decision to streamline trading offerings for these cryptocurrencies aimed to enhance liquidity and facilitate the inflow of capital into their respective ecosystems.

Despite the Coinbase announcement, the digital currencies did not experience much price reaction. For instance, NEAR Protocol (NEAR) price dipped by 1.69% to $3.94, while Aerodrome Finance (AERO) followed suit with a 2.70% plunge to $0.639. However, VeChain (VET) and VeThor Token (VTHO) experienced a minor recovery, with the price surging by 0.37% and 1.17%, respectively, to $0.02285 and $0.002023. Concurrently, PayPal USD (PYUSD) was not left behind, with the price at $1.00, a 0.05% surge.

More about Vermilion Energy Inc.

Vermilion Energy Inc.

Vermilion Energy Inc. is engaged in the acquisition, exploration, development and production of oil and natural gas in North America, Europe and Australia. The company is headquartered in Calgary, Canada.

Industry Sector: ENERGY & TRANSPORTATION

Primary Sub-Industry: CRUDE PETROLEUM & NATURAL GAS

Market Cap: 1,604,460,000

Dividend Yield: 0.44%

Price Change: -3.68%

Price/Earnings Ratio: 11.19

EPS (Earnings Per Share): -0.456

Volume: 1,812,941,000

Stock Beta: 15.7

Volatility: -0.996

52-Week High/Low: 0.019

More about Alpha Pro Tech Ltd

Alpha Pro Tech Ltd Summary

Alpha Pro Tech, Ltd. develops, manufactures, and markets a range of disposable protective garments, infection control, and construction products in the United States and internationally. The company is headquartered in Markham, Canada.

Sector: LIFE SCIENCES

Industry: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES

Market Cap: 66707000

Current Price: 14.56

Dividend Yield: None

Price Change: 0.41

Percentage Change: 5.33%

EPS: 0.0771

Volume: 61090000

Market Cap (Adjusted): 16.75

PE Ratio: 0.545

PEG Ratio: 0.011

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