The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing, “It’s not lent out or used for any other purpose.” Customers…
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Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The exchange explained that “Through this acquisition, we’ll be able to provide our customers with new personalized, intelligent, and real-time support options.” The acquisition also reconfirms Coinbase’s strategy to build out its tech hub in India. Coinbase to…
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LCX, ILV, TOKE and at least 10 other altcoins hit new all-time highs alongside ETH today. During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same…
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After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance. Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish…
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NFT market is growing at a phenomenal rate, but is there such a big demand for nonfungibles to draw even more people and businesses to join the industry? Nonfungible tokens (NFTs) and the marketplaces they trade on have been the talk of the cryptoverse for a while now. Even amid the peak of the bull…
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Isaiah Stone won $100,000 worth of Bitcoin in a Voyager Digital-sponsored NBA shootout event. A Dallas Mavericks fan won $100,000 in Bitcoin (BTC) after making a series of shots in a National Basketball Association (NBA) shootout event sponsored by crypto brokerage firm Voyager Digital. Isaiah Stone, the winner of the basketball shootout, completed all stages…
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Crypto.com’s jump to third could be the result of Matt Damon’s recent TV spot promoting the exchange. Cryptocurrency exchanges Coinbase and Crypto.com are now two of the most downloaded apps for the U.S. Apple App Store, topping the charts at first and third place, respectively. According to the Top Charts list on the Apple App…
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Multinational investment bank thinks Coinbase stock is worth 30% more than its current price. Financial services multinational Citi initiated coverage of U.S. crypto exchange Coinbase’s stock this week with a very bullish price target. Citi analyst Peter Christiansen told investors that they could “buy crypto’s general store,” in a research note published on Tuesday, Oct.…
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Coinbase CEO Brian Armstrong says the SEC v. Ripple case “seems to be going better than expected.” He added that the U.S. Securities and Exchange Commission “is realizing that attacking crypto is politically unpopular.” Coinbase’s CEO on the Ripple Lawsuit, SEC Attacking Crypto The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, commented on…
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Bitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000? Bitcoin (BTC) has a long history of forming local tops when events that are anticipated by the market occur. The recent Bitcoin exchange-traded fund (ETF) launch on Oct. 19 was no different and led…
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