Crypto and traditional assets sank after U.S. data showed inflation persisting. Bitcoin traded down about 1.5% to $23,785 at 8:45 a.m. EST, while ether fell about 1% to around $1,639. The...
Tag: Breaking
Base Protocol’s token jumps 250% despite no affiliation with Coinbase
Base Protocol’s token skyrocketed today, reaching a high of nearly $7.50 around 11:30 a.m EST after months of price stagnation below $1. The spike may have been caused by a misunders...
Bitcoin flirts with $24,000; Coinbase pares gains following Layer 2 announcement
Markets • February 23, 2023, 11:45AM EST Cryptocurrency prices were up over the past day, relatively unaffected by the release of the Fed’s latest meeting minutes on Wednesday. Crypto-related st...
OP token pops 7% following Coinbase Layer 2 announcement
Markets • February 23, 2023, 10:03AM EST Optimism’s token price soared following Coinbase’s announcement that it would build its Layer 2 network on the OP Stack and become a core developer...
Coinbase unveils its Ethereum Layer 2 network that won’t have a token
Coinbase is officially jumping into the Layer 2 game. The crypto exchange giant unveiled Base, a testnet version of its new Ethereum Layer 2 network, at ETHDenver. Modeled on Ethereum’s Go...
Luxor partners with Southeast Asia mining firm, seeks to attract capital
Bitcoin mining firm Luxor wants to expand its presence in Southeast Asia by partnering with local mining service provider Cryptodrilling. The company will be integrating Luxor’s software, ...
Ark Invest adds another $13 million worth of COIN
Cathie Wood’s Ark Invest made another large COIN purchase, this time coming in at over $13 million. Wood’s fund has added over $30 million in COIN shares this month alone. Ark added...
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
Obol to bring distributed validators to Ethereum this year
Obol Technologies has brought its distributed validator technology to the Ethereum mainnet for the first time in an internal alpha testing phase. If successful, the project aims to make Ethereum more ...
Web3 database developer Polybase raises $2 million in pre-seed funding
Deals • February 22, 2023, 9:01AM EST Published 30 minutes earlier on Polybase, a crypto startup developing a privacy-focused decentralized database, raised $2 million in a pre-seed funding round. ...
Coinbase earnings beat thanks to USDC interest income, analysts say
Coinbase’s fourth-quarter revenue beat estimates thanks to USDC interest income, analysts said. Interest income for the quarter came in at $146 million, up more than 100% from the previous...
A16z backed Bitski launches digital currency wallet
Web3 • February 22, 2023, 8:00AM EST Bitski today rolls out a new wallet targeting crypto natives and newcomers alike. Backed by major investors such as A16z, Galaxy Digital and Kindred Venture...
Tron Price Analysis & Prediction (Feb 21st) – TRX Faces Critical Resistance After Breaking to a Multi-High Level
Tron (TRX) Tron’s price has been gaining traction lately following a lot of development that evolves around its ecosystem. However, it has performed well and has increased by 40% since the start of th...
Breaking: Polygon (MATIC) Defies the Odds, Set to Hit $2 Mark?
The Polygon Matic Coin’s value has skyrocketed in recent days. Following a successful 2022, the network and its token have become extremely popular in 2023. The Matic Coin has already risen to the 9th...
Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year
Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...
Euro-backed stablecoin, Euro Coin set to trade on Coinbase
Support for Euro Coin (EUROC), a euro-backed stablecoin, will go live on Coinbase in regions where trading is supported, the exchange said on Twitter. Trading is slated to begin on or after 9 a....
Bankman-Fried searching for tech expert to advise on bail dispute, lawyers say
Legal • February 21, 2023, 4:13PM EST Sam Bankman-Fried’s lawyers are searching for a tech expert to advise the court on his bail dispute, they told a federal judge in a letter on Tuesday. “The...
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, acco...
Coinshares reports bitcoin outflows for the first time since December
Markets • February 21, 2023, 9:31AM EST Coinshares reported outflows from digital asset investment products totaling $32 million last week, the largest weekly amount since December. Outflows ha...
Bitcoin slips as altcoins lead drop in prices
Markets • February 21, 2023, 8:31AM EST Cryptocurrency prices dipped over the past 24 hours. Altcoins experienced a sharp sell-off, with Polygon’s MATIC down about 5% as the project announced jo...
The Sandbox Price Prediction: SAND breaking its consolidation
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Fund manager Daniel Cheung suing over lost funds
People • February 20, 2023, 1:10PM EST Syncracy Capital Co-Founder Daniel Cheung has filed a lawsuit alleging he was scammed out of nearly one million dollars. In a lawsuit filed in the U.S. District ...
2023 Topps Series 1 Baseball Sparks Change For A New Collecting Season
2023 Topps Series 1 Baseball’s new design ushers in a full season of surprises for Topps and the … [+] Fanatics brand. Topps Topps’ ambitious 2023 Series 1 Baseball release aims to be a fe...
Breaking! Binance Is Planning To Exit The US Crypto Market As Regulatory Scrutiny Heats Up
The Securities and Exchange Commission (SEC) has been closely scrutinising Binance, one of the world’s largest cryptocurrency exchanges, over concerns related to potential securities violations. The S...
Blockchain.com not selling subsidiaries, never spoke to Coinbase: Source
Deals • February 17, 2023, 6:35PM EST Published 1 hour and 20 minutes earlier on Blockchain.com isn’t selling any subsidiaries and hasn’t spoken to Coinbase about possible deals, a person ...