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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.

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.

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.

Stellar Lumens (XLM) and IOTA (MIOTA) have recorded significant daily price gains as investors buy the dip.  The surge of the two tokens has coincided with massive accumulation among two cohorts of BTC investors.

Stellar lumen price is showing bearish signs below the $0.1000 resistance zone against the US Dollar. XLM price is now trading below $0.0920 and the 55 simple moving average (4-hours).

Following the collapse of the now-bankrupt cryptocurrency exchange FTX, Stellar has been on a rather volatile path. Lumens (XLM), its native cryptocurrency, has fallen from $0.1111 to $0.

GetPaid, a Stellar-based work marketplace, has been helping African professionals earn in the global market.

The Stellar Lumens (XLM) price is trading inside a long-term range between $0.085 and $0.127. There are conflicting readings between technical indicators and the wave count.

After the past few weeks of an aggressive bearish trend, the Stellar Lumens price has started to recover in the markets.

Stellar lumen price started a fresh decline from the $0.1000 resistance zone against the US Dollar. XLM price is now trading below $0.0950 and the 55 simple moving average (4-hours).

Stellar has been on a rather volatile path following the collapse of the now-bankrupt cryptocurrency exchange FTX. Its native cryptocurrency Lumens (XLM) has fallen from $0.1111 to $0.

At the core of blockchain is the promise of a trustless system where the community is used to verify the validity of transactions. Yet how does it accomplish that?

Merkle Science's industry-leading compliance product Compass solves compliance and security issues in the Web3 space.

The Stellar Lumens (XLM) price has bounced at a long-term support area, but shows no bullish reversal signs. The post Stellar (XLM) Price Prediction: Long Road Ahead to Recovery appeared first on BeInCrypto.

XLM price has stabilized and continues to trade in a horizontal market. In today's trading session, it is down by less than a 1%