Coinbase, the top US-based cryptocurrency exchange, has announced that it is expanding the availability of eight altcoins for trading in Germany.
The tokens that are now available include Helium (HNT), Blur (BLUR), Arbitrum (ARB), MultiversX (EGLD), 00 Token (00), Audius (AUDIO), Lido DAO (LDO) and Automata (ATA). Germany, which boasts one of the highest numbers of cryptocurrency owners in Europe, can now access these crypto assets on Coinbase.com, as well as the Coinbase iOS and Android apps.
The announcement was made on Coinbase Assets’ X (formerly Twitter) account and stated that users may need to refresh their application to gain access to trading. After the announcement, some of the listed tokens experienced an increase in price.
Despite this, many remained constrained as the top cryptocurrencies struggled to hold onto gains. Bitcoin hovered near $29k, while altcoins like XRP and Solana were looking to keep bears off near key technical levels. On the other hand, Dogecoin continued to see upside action after its Twitter rebranding to X. The price of DOGE rose more than 10% in the past 24 hours, and with speculation about a potential integration of DOGE as a payment currency on X Payments, it was trading above $0.081, its highest price since April.