As per recent reports, crypto giant Binance has now become the largest Bitcoin reserve holder for the first time ever. An “exchange reserve” is an indicator that indicates the total quantity of Bitcoi...
Tag: Coinbase
Coinbase Shares Reach Another All-Time Low of $40
Shares for Coinbase, America’s largest cryptocurrency exchange, are trading at another all-time low as Bitcoin and the crypto market log some of the lowest digital asset prices in over two years. COIN...
FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves
The biggest news in the cryptoverse for Nov. 21 includes FTX’s call to other exchanges to expect and prevent hacker cash outs, Coinbase disclosing Grayscale’s 635,000 Bitcoin reserve, and Bank of Engl...
Binance’s Changpeng Zhao and Coinbase CEO Brian Armstrong Support Vitalik Buterin’s Idea for Crypto Exchanges
CEOs from two of the biggest crypto firms in the world are giving a nod of approval to Ethereum (ETH) creator Vitalik Buterin’s idea for how exchanges can maintain transparency for their customers. Af...
Coinbase Stock Hits All-time Low as Markets Scream ‘Risk-off’
Coinbase stock took a beating Monday, setting a new low-price point after dropping 8% on the day toward the end of the trading session in New York as investors dial down crypto-related risk in the wak...
Coinbase shares hit all-time low Monday as centralized exchanges deal with FTX fallout
Shares of crypto exchange Coinbase hit an all-time low Monday, as fallout from FTX’s demise has continued to rattle the industry. The exchange was down roughly 8% at the time of publicatio...
Binance Surpasses Coinbase To Become Largest Bitcoin Reserve Holder
Data shows Binance has now surpassed Coinbase to become the exchange with the largest Bitcoin reserve in the market. Bitcoin Reserve Of Crypto Exchange Binance Has Shot Up Recently As pointed out by a...
Armstrong holds no Coinbase stock but who has GBTC’s bitcoin?
Brian Armstrong has sold every last share of Coinbase common stock that he held since IPO. The last sales were recorded on November 11, quietly occurring as crypto markets focused almost exclusively o...
Coinbase clears the air about Grayscale’s Proof of Reserves
Grayscale Investment admitted last Friday that investors of its cryptocurrency investment products are becoming more inquisitive about the safety of the assets. Not surprisingly, this follows the stor...
Grayscale holds 635K BTC as Coinbase Custody reveals holdings
Following recent uncertainty regarding the future of the Grayscale Bitcoin Trust, its custodian partner Coinbase released a report detailing the assets held on behalf of Grayscale Bitcoin Trust. The l...
Coinbase Eases Tides, Rumors Of Genesis Disaster Intensify
Crypto lending firm Genesis and its parent company, Digital Currency Group (DCG), are under pressure, and there are growing concerns about their potential default. Last week, the crypto lender halted ...
Walt Disney, Carvana, Coinbase and more
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Walt Disney rallied 8.8% in premarket trading after the weekend announcement that former Chairman and CEO Bob Iger is re...
Coinbase, MicroStrategy Bonds Tank as FTX Collapse Dents Institutional Confidence in Crypto
Bonds issued by cryptocurrency exchange Coinbase (COIN), and MicroStrategy (MSTR), a business-intelligence company and investor in bitcoin, have slumped as investor confidence in the industry slid in ...
Is The FTX Bankruptcy Going To Affect The Coinbase Price In The Crypto Market
The downfall of FTX in the crypto market is having side effects on US-based crypto exchange Coinbase. Bank of America has stated that it will downgrade Coinbase from “buy to neutral.” In the last 24 h...
Bank Of America drops Coinbase over FTX’s misdoings – crypto.news
Bank of America decided to stock downgrading due to the FTX crypto exchange disaster and its impact on the cryptocurrency market. Major investment bank Bank of America decided to slash its price targe...
Vitalik Buterin, Coinbase, Kraken, Binance promote trustless CEXs
The collapse of FTX has severely eroded user trust in centralized crypto exchanges. Most investors have finally realized the importance of owning the keys to their digital assets and have moved record...
Bank of America Downgrades Coinbase Stock to Neutral, COIN Down 7%
Bank of America today said it is downgrading the stock of U.S. cryptocurrency exchange Coinbase from buy to neutral. The price of COIN is down 7% over the last 24 hours and is currently trading at $45...
CEO and Founder of Coinbase Bullish Despite Rival FTX Fall
Exchange News Coinbase CEO Armstrong referred FTX former CEO as “one bad actor.” The head of Coinbase has also called for clearer regulations. CEO and founder of Coinbase, Brian Armstrong, has spoken ...
Coinbase CEO Brian Armstrong Liquidated Shares Worth $1.6 Million
CEO Armstrong sold 2% shares of Coinbase, but it is not related to FTX bankruptcy. It took place soon after the second round of “Layoff”. The deal has profited the company $1.6 million, but were share...
Coinbase Wallet Feature Takes Aim at User Safety
The Coinbase Wallet now has an updated order preview screen that lets users simulate the outcome of a transaction on a decentralized application (dapp) before hitting confirm. The wallet is a general ...
Coinbase CEO Stays Bullish After FTX Collapse
Coinbase founder and CEO Brian Armstrong unveil his stance amid the ongoing downturn in the crypto world. After the collapse of his rival exchange FTX, Coinbase CEO clears his stance and confirms he i...
Ross Stores, Carvana, Coinbase, Rent the Runway and more
Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earni...
Exchanges rushed to show proof of reserves. It’s not enough.
Centralized exchanges still standing after the fall of FTX rushed to show proof of reserves. It’s a nice show, but it’s not enough, experts say. Proof of reserves — or showing exactl...
FTX ‘Contagion Risk’ Fuels Coinbase Stock Plunge—Analyst Worries Users Will ‘Leave Crypto Entirely’
Topline Shares of Coinbase fell Friday after analysts downgraded the stock and warned crypto contagion risk could spread to the firm after the collapse of rival exchange FTX, and though analysts aren&...
Coinbase, Silvergate and crypto stocks tick lower, Grayscale trusts hit new lows
Crypto prices traded up marginally on Friday, while shares in Coinbase and Silvergate continued to trade lower. Bitcoin was up 0.1% over the past 24 hours, trading at $16,693. Meanwhile, ether ...