Coinbase adds ZETA and ACX to its listing roadmap, tokens skyrocket!

As you have been following on Kriptokoin.com, the crypto market has been on a rollercoaster ride this week. Crypto exchanges continue to update their listings

Cryptocurrency exchange Coinbase has added two altcoins to its listing roadmap. This news led to a strong rally in the respective token prices.

Coinbase adds ZETA and ACX to its listing roadmap, tokens skyrocket!

As reported by CryptoSlate, the crypto market experienced a turbulent week with varying price movements. Amid these developments, crypto exchanges continue to update their listings.

In a recent development, leading cryptocurrency exchange Coinbase announced that it has added Zetachain (ZETACHAIN) to its listing roadmap. The exchange typically monitors a token for a period of time before listing it. If the results of the monitoring are positive, the token is included in the exchange’s listing.

Assets added to the roadmap today: Zetachain (ZETACHAIN)https://t.co/rRB9d3hSr2

Following this announcement, the price of ZETA began to surge. The token experienced a strong rally, moving from an intraday price of $0.44 to $0.51. At the time of writing, ZETA is trading at $0.50, indicating a daily increase of over 17%.

Moreover, the token’s trading volume also surged by an impressive 330%, highlighting the growing interest in ZETA among investors and traders.

In a similar announcement, Coinbase also added Across Protocol (ACX) to its listing roadmap. This indicates that the exchange will be listing ACX after a period of monitoring.

Assets added to the roadmap today: Across Protocol (ACX)https://t.co/rRB9d3hSr2

After this development, the price of ACX also started to rise. The altcoin experienced a vertical ascent, moving from intraday levels of $0.32 to $0.3751. At the time of writing, ACX is trading at $0.36, showing a daily increase of nearly 13%.

Meanwhile, ACX’s trading volume also surged by an impressive 328%, indicating the growing interest in the token among investors and traders.

Crypto exchange takes aim at CFTC’s definition of ‘Gaming’

Coinbase highlighted the importance of clear definitions in the proposed rules and expressed concern over the CFTC’s approach to defining “gaming” in the context of event contracts. According to Coinbase, the proposed definition is overly broad and fails to consider the legitimate uses of event contracts.

In a letter to Commissioners on Thursday, Nasdaq-listed crypto exchange Coinbase said the proposed rules on prediction markets by the Commodity Futures Trading Commission (CFTC) should be withdrawn because they exceed the Commission’s statutory authority and fail to consider the positive impact of prediction markets on the U.S. economy.

In the letter, Coinbase’s Chief Legal Officer Paul Grewal highlighted the following points:

We strongly believe that this all-or-nothing approach to handling event contracts is not consistent with promoting responsible innovation and growth in regulated, transparent markets with appropriate safeguards to protect market integrity and safeguard customers.

Event markets are a promising area of our future economy, and that is why we are responding today to the @CFTC’s notice of proposed rulemaking. We fully support the CFTC’s mission to uphold the integrity of the US derivatives market and believe they can provide a robust…

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