Coinbase, one of the leading cryptocurrency exchanges, has announced the addition of Reserve Rights (RSR) to its listing roadmap, signaling a strategic move to broaden its offerings.

This coincides with the exchange’s decision to list Definitive (EDGE), which has already sparked significant market activity.

Coinbase Adds RSR To Roadmap 

Reserve Rights is an ERC-20 token native to the Reserve Protocol. The platform offers a permissionless decentralized framework for stablecoin development. It enables users to create yield-bearing, asset-backed, and overcollateralized stablecoins on the Ethereum (ETH) blockchain.

The addition of RSR to Coinbase’s listing roadmap has caught considerable attention, partly due to its association with Paul Atkins, President Donald Trump’s nominee for SEC Chair. 

Atkins previously served as a crypto advisor for the Reserve Protocol. He is widely regarded as a crypto-friendly figure—standing in sharp contrast to his predecessor, Gary Gensler, who oversaw a stringent crackdown on the industry during his tenure.

Notably, the exchange’s move was celebrated by the platform.

“Great to see more opportunities for people to participate in the Reserve ecosystem,” Reserve Protocol posted on X (formerly Twitter).

Despite the development, RSR’s price has shown only modest movement. 

According to the latest data, it was trading at $0.006. This reflected a 1.2% increase over the past 24 hours. 

However, the token has gained strong community support. CoinMarketCap data showed a 91.6% bullish sentiment among users. This indicated increased user confidence in its potential.

EDGE Sees Triple-Digit Rally Post Coinbase Listing

While RSR’s price showed only small gains, the EDGE token’s reaction has been much more dramatic. Coinbase revealed via X that it would list the Definitive platform’s utility token, EDGE.

“Trading will begin later today if liquidity conditions are met. Once sufficient supply of this asset is established trading on our EDGE-USD trading pair will launch in phases. Support for EDGE may be restricted in some supported jurisdictions,” the announcement read.

Following this, EDGE saw its price surge by an impressive 120.6% to $0.091. Previously, a similar reaction was observed in Doginme (DOGINME) and Keyboard Cat (KEYCAT) after they secured a listing on the exchange.

EDGE’s listing, however, comes with an “Experimental” label. This is a designation Coinbase uses to indicate assets that may carry higher risk or volatility. 

“The Experimental asset label will not impact your ability to send, receive, buy, sell and/or hold assets on Coinbase. However, we do ask you to read and confirm you understand the risks involved, such as price swings and canceled orders, before trading an experimental asset for the first time,” the blog reads.

As Coinbase continues diversifying its portfolio, the addition of RSR and EDGE highlights the growing acceptance of diverse blockchain projects. These listings may provide new opportunities for investors. However, the associated risks should be carefully considered.

On April 3, Binance announced that it would add a new set of tokens to its monitoring list. These tokens are under closer scrutiny and may face delisting following the upcoming review period.

This move follows the exchange’s aims to increase transparency while offering more clarity regarding the risk levels associated with different cryptocurrencies.

10 Altcoins in Danger of Binance Delisting

As part of this update, the following tokens will be added to the Monitoring Tag list: Ardor (ARDR), Biswap (BSW), Flamingo (FLM), LTO Network (LTO), NKN (NKN), PlayDapp (PDA), Perpetual Protocol (PERP), Viberate (VIB), Voxies (VOXEL) and Wing Finance (WING).

Tokens added to the Monitoring Tag exhibit notably higher volatility and risk compared to other listed tokens. Binance will closely monitor these tokens, with regular reviews to assess their compliance with the platform’s listing criteria.

“Tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform,” Binance said.

Following the announcement, the prices of the mentioned altcoins plummeted by double-digits.

In addition to the new Monitoring Tag additions, Binance will also remove the Seed Tag from Jupiter (JUP), Starknet (STRK), and Toncoin (TON).

Tokens marked with the Seed Tag are those that are still in their early stages of development and have not yet met Binance’s full listing criteria. The removal of the Seed Tag indicates a change in the status of these projects. This suggests that they no longer fit the initial criteria for such a label.

Tokens with the Monitoring Tag or Seed Tag come with inherent risks. Binance ensures that users are well-informed before trading them. To access trading for these tokens, users must pass a risk awareness quiz every 90 days.

The quiz makes sure that users understand the potential risks associated with trading higher-risk tokens. Binance will also display a risk warning banner for these tokens on its Spot and Margin platforms.

Binance will continue to conduct periodic reviews of tokens with the Monitoring Tag and Seed Tag. During these reviews, several factors are taken into account. This includes the project team’s commitment, development activity, token liquidity, and community engagement.

The latest development follows a similar announcement from Binance in March. The exchange routinely delists tokens that fail to keep up with its criteria.

Hedera (HBAR) has faced a downtrend recently, with the crypto asset’s price failing to maintain support at $0.200. This failure to establish a solid base has led to a pullback. 

However, key developments within the Hedera ecosystem and shifting investor sentiment could spark a potential price rally in the coming days.

HBAR Foundation Eyes TikTok

After nearly a month of bearish sentiment, investors are beginning to shift their stance towards bullishness. The Hedera Foundation’s recent move to team up with Zoopto for a late-stage bid to acquire TikTok has played a pivotal role in this shift. If the acquisition is approved, the partnership could expose HBAR to a massive audience due to TikTok’s extensive user base, potentially driving up demand and mainstream adoption.  

The prospect of this collaboration has reignited interest among investors, sparking optimism about Hedera’s future growth potential. With TikTok’s wide-reaching influence, the strategic partnership could offer Hedera an edge in the competitive crypto market, encouraging further accumulation of HBAR tokens.

On the technical front, the Chaikin Money Flow (CMF) indicator is showing signs of recovery. The CMF has started to tick upwards, signaling a potential increase in inflows. While it hasn’t yet crossed above the zero line, the growing positive momentum indicates that more capital could be entering the market. Continued inflows could provide the necessary push for HBAR to break through key resistance levels.

The increase in capital flow suggests a strengthening of investor confidence. However, for a sustained rally, more substantial buying pressure will be required to move HBAR above its current price point. If this trend continues, HBAR may see a rise in both investor interest and market value in the near future.

HBAR Price Finds Support

Currently, HBAR is priced at $0.161, just under the key resistance level of $0.165. The next significant resistance lies at $0.197, which has acted as a barrier to HBAR’s price recovery. With a 22% gap between the current price and this resistance, overcoming this hurdle could pave the way for a move toward $0.200.

Given the positive developments surrounding Hedera, it is plausible that HBAR could move toward these resistance levels. If the token can breach $0.165 and then $0.177, the path to $0.197 becomes much clearer. This would mark a critical point for HBAR as it seeks to regain lost ground.

However, if investors decide to take profits and sell before further upward movement, HBAR could fail to breach the $0.177 resistance. Such a scenario could push the price back down towards $0.154 or $0.143, invalidating the bullish outlook and prolonging the consolidation phase.