Coinbase NFTs are (kind of) HERE

Hey readers, I hope you're all doing well!

Heavily thinking about doing a giveaway for newsletter subs...

Stay alert ;)

Now, let the news commence!

- Hunter Maier

💰 Coinbase's NFT marketplace is here, kinda

📈 Bitcoin's bullish indicators

🦍 ApeCoin hits an all-time-high!

• Moonbirds - Floor Price: 19.69 ETH

• The Association NFT (NBA) - Floor Price: .333 ETH

• Azuki - Floor Price: 24.5 ETH

• VeeFriends Series 2 - Floor Price: .995 ETH

Yesterday, Coinbase officially announced that its NFT marketplace was in beta, meaning that waitlisted users now have access to the platform... and it's a lot cooler than anticipated!

Coinbase NFT aims to become the first social marketplace where users can like, comment, and follow each other's accounts and NFTs.

"We learned that people don't just want better tools to buy and sell NFTs. They want better ways to discover them, better ways to find the right communities, and better spaces in which they can feel connected with each other. That's why we're building a product that's much more than a transaction. We're looking to empower people to create, collect, and connect." - said Sanchan Saxena, vice president of products at Coinbase

Some other notable points to add:

• Coinbase NFT will have no transaction throughout their beta period to incentivize the use of their new platform.

• The platform integrates with Metamask, Coinbase Wallet, and WalletConnect protocol wallets.

• While more blockchains are intended to be added, Ethereum remains the only blockchain currently supported.

In an ecosystem where OpenSea knocks all other marketplaces out the gate, I'm excited to see what Coinbase has in store as it currently stands as one of the world's most dominant centralized exchanges.

Yesterday was boring in terms of crypto price action, nothing significant happened, and the price mostly traded sideways throughout the day.

This gives us a perfect opportunity to show off the coin's corresponding MACD and RSI.

• The MACD, in conjunction with the support bounce, looks bullish to the upside. While still inside this channel, it's always nice to see strong support levels! If the momentum keeps up, we should see a shift from red to green on the indicator's histogram.

• The RSI looks just as great! While Bitcoin never officially entered oversold territory, a higher low was formed, indicating a bullish presence!

Excited to see if the price continues to climb!

Yesterday, ApeCoin hit an all-time high of $17.51; since then, we've seen the price trickle down. Despite this, the coin had a significant volume increase over the past few trading days.

What's causing this may you ask? While it could be several things, it's most likely due to the growing speculation of Yuga Lab's upcoming "Otherside" Metaverse.

From its looks, BAYC and MAYC holders will benefit the most while partnered projects will be whitelisted.

Nevertheless, Otherside information is bound to be released in the coming days as it was previously stated that more details would be revealed in April!

Rate today's newsletter:

• 👍 IT WAS INCREDIBLE!!!

• 😐 It was alright!

• 👎 Could've been better.

Nothing mentioned in this newsletter is financial advice, we are NOT financial advisors. NFToday was created with the intent to entertain those who choose to read and be a part of the community!