Market activity is surging as the Ethereum blockchain's native cryptocurrency rises to fresh all-time high prices.
Also, 98 cryptocurrencies are now valued at more than $1 billion each.
Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq.
The new marks continue a two-day surge by the two cryptocurrencies in the leadup to a seminal moment in the history of crypto.
Crypto bulls are taking over the market in anticipation of Coinbase's direct listing.
These three events and two metrics show how ether markets are maturing.
The listing could spur newbie investors to try cryptocurrencies.
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
The price gain came amid new signs of growing mainstream adoption of bitcoin and other cryptocurrencies.
Philip Gradwell of Chainalysis said on CoinDesk TV that “relatively little” ether was bought above $1,850 and even less was bought at $2,000 or above.
The oldest cryptocurrency is looking at a price support level around $54,000, with resistance around $60,000.
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
XRP has completely recouped its losses resulting from the SEC's lawsuit against Ripple Labs late last year.
Ether is rallying in the wake of Visa's decision to facilitate crypto-based settlements via the Ethereum blockchain.
$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.