Tag: Coinbase

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‘Unprecedented capital inflows into Bitcoin’ remove 12K BTC from Coinbase in an hour

Investors mean business as current prices remain more than attractive to new buyers. Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency. Data from on-chain monitoring resource Glassnode showed 12,354 BTC ($694 million) being withdrawn from the Coinbase order book in a single hour on Friday.…
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Coinbase crypto exchange to close San Francisco headquarters in 2022

Coinbase is taking measures to ensure that no office becomes an unofficial headquarters. Nasdaq-listed cryptocurrency exchange Coinbase is going completely remote and closing its head offices in San Francisco. Coinbase announced Wednesday that it will shut down its former headquarters in the Golden Gate City in 2022 as part of its commitment to “being remote…
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Nas brags about Coinbase and crypto wealth in new track with DJ Khaled

Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated to be around $40 million. American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” is a collaboration between DJ Khaled, Nas, Jay-Z…
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Coinbase to acquire Skew crypto data analytics platform

Some of Skew’s institutional clients include One River Asset Management and Susquehanna International Group. United States cryptocurrency giant Coinbase is acquiring institutional-grade blockchain data analytics platform Skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions by using…
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Intercontinental Exchange sells Coinbase stake for $1.2B

Intercontinental Exchange has sold its 1.4% stake in Coinbase to reduce the company’s debt. Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase. Announcing the news Thursday on a financial results call for the…
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Ripple wants go public after settling SEC lawsuit, SBI CEO says

The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC. Major cryptocurrency company Ripple has not given up on its plans to go public despite its ongoing legal battle with United States regulators, according to SBI Group’s CEO. Yoshitaka Kitao, CEO of Japanese financial giant…
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Binance could face heavy fines over stock tokens warns German regulator

The exchange has failed to publish relevant accompanying documents along with its recently launched stock tokens. Binance’s attempts to bridge traditional markets with the cryptocurrency space in the form of fractionalized stock tokens has drawn the attention of Germany’s financial regulator. The Federal Financial Supervisory Authority (BaFin) warned on Wednesday that the world’s largest cryptocurrency…
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Time Magazine names two crypto firms in Top 100 ‘most influential companies’ list

Digital Currency Group and Coinbase have made Time Magazine’s 2021 top 100 most influential companies list. Time Magazine continues to warm up to crypto, naming Digital Currency Group and Coinbase in the magazine’s 2021 Top 100 Most Influential Companies list. Published on April 27, the Top 100 emphasized the impact the two crypto giants have…
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Gemini to launch Bitcoin cashback rewards on Mastercard credit card

The exchange will offer up to 3% cashback in the form of cryptocurrency for users of its upcoming Mastercard credit card. New York cryptocurrency exchange Gemini announced on Tuesday the pending release of the Gemini Credit Card, which will allow cryptocurrency holders to spend crypto and receive cashback rewards in the form of Bitcoin (BTC)…
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Tether gets Coinbase’s seal of approval, will list on pro offering

Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues. The United States’ largest cryptocurrency exchange, Coinbase, is listing Tether (USDT) on its professional trading platform. According to a Thursday announcement, Coinbase Pro has enabled USDT deposits ahead of the trading launch scheduled for April 26. The…
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