On April 29, 2025, Coinbase International Exchange announced a significant update to its platform, allowing 13 new assets to be used as collateral for trading. This list includes popular cryptocurrencies such as Dogecoin (DOGE), Sui (SUI), and Litecoin (LTC), among others, as shared in their official Twitter post at 10:15 AM UTC (Source: Coinbase International Exchange Twitter). This development is a game-changer for traders looking to leverage these assets in margin trading or other financial products on the platform. Immediately following the announcement, price movements were observed across multiple trading pairs. For instance, DOGE/USD saw a 4.2% increase within two hours, reaching $0.1423 by 12:15 PM UTC on April 29, 2025 (Source: CoinMarketCap live data). Similarly, SUI/USD spiked by 3.8%, hitting $1.87 by 12:30 PM UTC, while LTC/USD recorded a more modest gain of 2.1%, trading at $68.54 during the same timeframe (Source: Binance real-time charts). Trading volumes for these pairs also surged, with DOGE seeing a 24-hour volume increase of 18% to $1.2 billion, SUI recording a 15% rise to $320 million, and LTC jumping by 12% to $450 million as of 1:00 PM UTC on April 29, 2025 (Source: Coinbase volume analytics). This update aligns with Coinbase’s strategy to expand utility for altcoins, potentially driving broader market adoption. On-chain data further supports this momentum, with DOGE transactions spiking by 25% on the blockchain within six hours post-announcement, as reported by Glassnode at 4:00 PM UTC (Source: Glassnode on-chain metrics). The ability to use these assets as collateral could also impact market sentiment, especially for retail traders searching for terms like 'DOGE margin trading 2025' or 'use SUI as collateral on Coinbase.' This update is particularly relevant for those exploring cryptocurrency trading strategies with altcoins.

The trading implications of Coinbase’s announcement are substantial, especially for margin traders and institutional investors. By allowing assets like DOGE, SUI, and LTC as collateral, Coinbase is effectively increasing liquidity options for traders as of April 29, 2025. This move could lead to higher leverage opportunities, but it also introduces risks tied to the volatility of these assets. For example, DOGE, known for its meme-driven price swings, exhibited a volatility index of 5.3% in the 24 hours following the news at 2:00 PM UTC (Source: CryptoCompare volatility tracker). Traders using DOGE as collateral must account for potential liquidation risks if prices drop sharply. Meanwhile, SUI, a newer blockchain asset, saw its on-chain staking activity rise by 10% post-announcement, indicating growing confidence among holders as of 3:00 PM UTC (Source: StakingRewards data). For LTC, often seen as a stable altcoin, the collateral option could attract conservative traders, with its 24-hour price stability index at 1.8% as of 1:30 PM UTC (Source: CoinGecko stability metrics). Trading pairs such as DOGE/BTC and LTC/BTC also showed increased activity, with DOGE/BTC volume up by 14% to 9,500 BTC and LTC/BTC up by 11% to 6,200 BTC by 2:30 PM UTC on April 29, 2025 (Source: Binance trading data). This suggests a ripple effect on Bitcoin-correlated trading strategies. For traders searching for 'best altcoins for margin trading' or 'Coinbase collateral options 2025,' this update opens new doors, but risk management remains critical given the fluctuating market dynamics.

From a technical analysis perspective, the price charts and indicators for these assets reveal actionable insights for traders. DOGE’s Relative Strength Index (RSI) moved into overbought territory at 72 by 1:00 PM UTC on April 29, 2025, signaling a potential short-term pullback (Source: TradingView DOGE/USD chart). Its Moving Average Convergence Divergence (MACD) also showed a bullish crossover at 11:30 AM UTC, supporting the upward momentum post-announcement (Source: TradingView indicators). For SUI, the 50-day moving average crossed above the 200-day moving average at 12:00 PM UTC, forming a golden cross—a strong bullish signal (Source: CoinMarketCap SUI/USD data). LTC, on the other hand, hovered near a key resistance level of $69.00 at 2:00 PM UTC, with a breakout potential if volume sustains above $500 million daily, as it did at $510 million by 3:00 PM UTC (Source: Coinbase volume tracker). On-chain metrics further complement this analysis, with LTC’s active addresses increasing by 8% to 320,000 within 12 hours of the news at 10:00 PM UTC (Source: IntoTheBlock on-chain data). While this Coinbase update doesn’t directly tie to AI-driven crypto projects, it’s worth noting that market sentiment for tech-focused altcoins like SUI could indirectly benefit from AI-crypto crossover trends. For instance, AI trading bots may increasingly target volatile assets like DOGE for short-term gains, with AI-driven trading volume for altcoins reportedly up by 7% in Q1 2025 (Source: CryptoQuant AI trading report). For traders researching 'DOGE technical analysis April 2025' or 'SUI bullish signals,' these indicators and volume spikes provide critical entry and exit points for profitable trades.

FAQ Section:
What does Coinbase’s new collateral update mean for DOGE traders?
The update on April 29, 2025, allows DOGE to be used as collateral on Coinbase International Exchange, enabling margin trading and increasing liquidity. With a 4.2% price surge to $0.1423 by 12:15 PM UTC and an 18% volume increase to $1.2 billion within 24 hours, traders have new opportunities but must monitor volatility risks (Source: CoinMarketCap and Coinbase data).

How does SUI benefit from being collateral on Coinbase?
SUI’s inclusion as collateral as of April 29, 2025, led to a 3.8% price increase to $1.87 by 12:30 PM UTC and a 15% volume jump to $320 million. On-chain staking activity also rose by 10%, reflecting growing trust among investors (Source: Binance charts and StakingRewards data).