Binance Beats Coinbase Over Dogecoin And Turkey Bans Crypto

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Last Updated on 17 April 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu
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Bitcoin is trading steady and well above $60k as it entered the weekend with many Wall Street traders discussing the coin’s newest gains as they took a breather from stock markets that saw record highs as well.

Dogecoin was allover the internet and social media channels as it entered new territory and climbed into CoinMarketCap’s charts.

Over in the Middle East, Turkish President Erdogan announced a ban on trading crypto for his countrymen, who had just started discovering Bitcoin, Ethereum and so many others.

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Binance Beats Coinbase Over Dogecoin

Dogecoin was once again spread out over all front pages of crypto websites around the world after climbing several hundreds of percentage points this week. Since the beginning of the year, the joke crypto has now climbed 6,000% and entered the top ten of CoinMarketCap. Dogecoin is trading 23% higher than yesterday and above $0,30.

With that, Binance is seeing a flurry of trading for a coin that is not listed on Coinbase.

The Brian Armstrong company is getting numerous requests from clients to offer the joke cryptocurrency for trading but has so far held off.

The website states that:

Although DOGE is not available to trade, you can add it to your watchlist, read news and more with a Coinbase account.

Turkey Bans Crypto

Turkish President Erdogan must have seen all the articles proclaiming the spike in interest for Turks of trading crypto. As their own Lira has dropped in value and the Turkish government keeps changing central bankers in a panicky bid to stave off rising inflation (more than 10% now), Erdogan was keen on not letting Bitcoin become more powerful than himself and thus ordered his parliament to install a ban on trading crypto.

The new ban, announced by the new central banker Erdogan appointed, will take place on 30 April. The Turkish leader in this manner copies the Nigerian parliament which tried the same this year (to no avail though as African youngsters keep trading and HODLing Bitcoin). India and China also announced such bans, but in the Middle Kingdom, millennials keep trading no matter what.

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