Altcoins soared higher as Bitcoin price reclaimed $33,000 as support just one day before a record $4 billion BTC futures expiry. Bitcoin (BTC) price appears to have flipped the $32,000 level back to support as the wider cryptocurrency market saw renewed optimism on Jan. 28. Data from Cointelegraph Markets and TradingView shows that BTC has…
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The San Francisco-based digital currency exchange plans to go public later this year. Coinbase, one of the world’s largest digital currency exchanges, has been rumored for some time to be considering a direct listing. In an official blog post, the cryptocurrency exchange disclosed plans to pursue a direct listing of its Class A common stock,…
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Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible. Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were released Tuesday, affect iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed…
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The Coinbase premium has returned, but why is the price of Bitcoin still struggling to stay above $32,000? The price of Bitcoin (BTC) recovered in the past two days after dropping to as low as $28,850. Following the swift rebound, however, BTC has been unable to break past heavy resistance at $33,000 on Jan. 23,…
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Bison Trails, a leading blockchain infrastructure platform, has been acquired by the San Franciso-based exchange. Coinbase, the U.S.-based cryptocurrency exchange, has made another strategic acquisition — this time in the critical field of blockchain infrastructure. The company announced Tuesday that it had acquired Bison Trails, a fully managed blockchain infrastructure provider, in a deal that…
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Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before. With just three months until the deadline for United States citizens to declare their crypto gains and losses to the Internal Revenue Service, Coinbase is partnering with portfolio tracking and tax calculating platform CoinTracker to make the process simpler. According…
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The U.S. digital currency exchange plans to significantly increase its service offerings this year. Coinbase, the San Francisco-based cryptocurrency exchange, has announced a new platform designed to help issuers list their assets more efficiently — and, possibly, without having to go through the cumbersome listing process currently employed by the firm. Coinbase Asset Hub is…
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Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend. Israel-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today. “The unprecedented demand for crypto, coupled with limited…
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Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers. In an opinion piece published in the Financial Times on Tuesday, Acting Comptroller of the Currency Brian Brooks put forward the need to reconfigure banking regulations for an age of algorithms. Brooks, who currently leads the Treasury’s Office of…
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Major crypto exchange Coinbase appears to be operating smoothly even as Bitcoin sets a new price high above $41,000. Coinbase is under the microscope with Bitcoin’s (BTC) price surges past $41,000 following a minor retrace after topping $40,000 on Thursday. The United States-based crypto exchange is known for experiencing serious connectivity issues during periods of…
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