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Coinbase Wallet will, on December 5, cease supporting the four crypto tokens, with the exchange citing low activity.

Coinbase wallet decided to end support for these four altcoins owing to low usage.

America's biggest cryptocurrency exchange, Coinbase, has announced the delisting of four major cryptos including, XRP and Ethereum Classic (ETC).

Coinbase Wallet will no longer support four major tokens: Bitcoin Cash (BCH), Ethereum Classic (ETC), Stellar Lumen (XLM), and Ripple (XRP).

According to a recent business blog post, the leading cryptocurrency exchange in the United States, Coinbase Global Inc., revealed that as of January 2023

The choice is due to the low usage of the cryptocurrencies

Coinbase is dropping support for Bitcoin Cash, XRP, Stellar Lumens, and Ethereum Classic after reporting a major drop in interest and use from its clients.

Starting Dec. 5, Coinbase (NASDAQ: COIN) will no longer support major tokens including Bitcoin Cash (CRYPTO: BCH), Ripple (CRYPTO: XRP), Ethereum Classic (CRYPTO: ERC) and Stellar Lumen (CRYPTO: XLM), among others. What Happened: According to Coinbase, "low usage" is the reason it decided to stop the support of the four tokens.

Coinbase Wallet will stop supporting Bitcoin Cash, Ethereum Classic, Stellar and XRP Ledger.  It is stopping support of these assets as of January 2023 due to “low usage,” Coinbase said in a note on its help and troubleshooting website.

The top U.S. cryptocurrency exchange's wallet will no longer support BCH, ETC, XLM and XRP due to "low usage."

Starting December 5, Coinbase Wallet will oust a number of cryptocurrencies from its supported assets. These include BCH, ETC, XLM, and XRP.

America's biggest crypto exchange has scrapped a number of assets from its self-custody mobile app citing waning customer interest.

Coinbase says that “Coinbase Wallet“, which is its self-custody crypto wallet app, will be dropping support for four major cryptoassets — $XRP, $XLM, $ETC, and $BCH — from 23 January 2023.

Coinbase Wallet announced November 29 that it would stop supporting Ripple's XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM). The post Coinbase wallet drops support for XRP, Bitcoin Cash, Ethereum Classic and XLM appeared first on CryptoSlate.

The company took note of \"low usage\" as its reason for no longer supporting those tokens.

Coinbase Wallet News: Citing low usage, Coinbase Wallet announced it will no longer support assets like Ripple (XRP) and Bitcoin Cash (BCH) among others. The team announced December 5, 2022 as the deadline to stop support for a total of cryptocurrencies.

The crypto exchange plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.

Speculation has been a key factor driving the volatility of crypto prices and while erratic behavior in price is usually short-term, they tend to deter long-term investors.

BCH (Bitcoin Cash) saw its chance to recover as the crypto market's capitalization still hasn't made that much recovery. After stalling for a few candles at or near its pre-FTX collapse price level, the Bitcoin hard fork continued its descent.

BCH was bullish, targeting the 78.6% and 100% Fibonacci levels  Open interest surged in the post-market crash but has since fallen back slightly Bitcoin Cash [BCH] surged mid-week with a nostalgic aim at its pre-FTX implosion value of $126. However, it ran into several obstacles along the way, but the target remained the same.

BeInCrypto takes a look at five projects that increased the most from the entire crypto market last week, more specifically, from Nov. 18 to Nov. 25 The post CRV, DASH, LTC, HT and BCH Lead Crypto Market With Double Digit Gains appeared first on BeInCrypto.

Bitcoin cash gained pace above the $100 and $110 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours).

Bitcoin Cash (BCH) continues to move up despite its decline. The price of the cryptocurrency has risen to a high of $119.55 and has broken through the moving average lines.

Saint Kitts and Nevis' decision regarding the fate of Bitcoin Cash: updates to March 2023