U.S. inflation is showing signs of cooling down as crypto markets remain tumultuous. Inflation in the U.S. came in at 7.7% in October. Based on FactSet data, analysts had predicted an 8% increa...
Tag: Coinbase
Coinbase CEO Brian Armstrong Weighs In on FTX Collapse, Says Regulators in Washington May Lose Faith in Industry
Coinbase head Brian Armstrong says the collapse of crypto exchange FTX may make US politicians more skeptical of the crypto industry. In a new interview with Bankless, Armstrong weighs in on the colla...
Coinbase, Ripple, Circle CEOs Call For Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC) and Justice Department (DOJ) are investigating crypto exchange FTX. Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, and Circle CEO Jeremy ...
FTX Disaster Doesn’t Scare Cathie Wood’s ARK As They Double Down On Coinbase COIN
FTX, with all the bad publicity attached to the beleaguered crypto exchange, is sending shivers down the spines of investors and traders. Many people in the crypto space are now bracing for more bad n...
Coinbase, Robinhood Lead $10 Billion Rout in Crypto Mayhem
(Bloomberg) — Robinhood Markets Inc. and Coinbase Global Inc. took another beating Wednesday as Binance Holdings Ltd.’s bailed on its deal to buy FTX.com, sending another shock through the rattl...
Cathie Wood Led Ark Invest Buys Coinbase Shares Worth $21.4M
The Ark Next Generation Internet ETF (ARKW) received an extra 54,466 Coinbase shares. At Tuesday’s end, COIN was down $10.78%, trading at $50.83. 420,949 shares of Coinbase (COIN) were acquired by Ark...
Coinbase and Kraken Exchanges At Times Unreachable as Markets Swing
Join Our Telegram channel to stay up to date on breaking news coverage Cryptocurrency exchanges are receiving much attention today following the liquidity issues facing the FTX exchange. Market anxiet...
Mastercard CEO Says He’s Optimistic on Global Crypto Adoption Amid Partnership With Coinbase
The CEO of credit card giant Mastercard is optimistic that the day will come when there is worldwide adoption of cryptocurrency. In a new interview with Yahoo Finance, Mastercard CEO Michael Miebach s...
Bitcoin drops 10%, Ark Invest dumps Robinhood for Coinbase
Crypto prices continued to sink in the wake of Tuesday’s FTX-driven selloff. That doesn’t seem to have scared off Cathie Wood, however, whose Ark Invest bought more than $21 million worth ...
Coinbase CEO Says The Crypto Exchange Won’t Suffer The Same Fate As FTX
While discussing what happened to FTX, Brain Armstrong, CEO of Coinbase, bragged that his firm is not vulnerable to that kind of issue. He, however, suggested possible reasons behind FTX’s fallout. FT...
Cathie Wood’s Ark Invest Buys Additional $21.4M Worth of Coinbase Stock
Following its purchase of Coinbase stock at the end of October, Ark Invest has added an additional 420,949 units of COIN. Ark Invest recently purchased 420,949 more units of Coinbase stock (NASDAQ: CO...
Coinbase Drops 10% On Binance-FTX Contagion, Says No Exposure To FTT
Coinbase allayed fears of its clients in the face of worries that it might have been affected by a development that made the crypto space lose all of its gains since it rallied back in October 25. On ...
Coinbase chief Brian Armstrong Isn’t Interested in FTX U.S.
The contagion of the FTX token collapse has spread across the entire crypto market. On Tuesday, November 8, the broader crypto market lost nearly $100 billion tanking by 10%. The Coinbase (NASDAQ: COI...
Coinbase and Kraken experience limited services amid markets turbulence
Both Coinbase’s and Kraken’s platforms were down or experiencing intermittent latency issues on Nov. 8 amid market turbulence, according to users’ complaints on Twitter. The news followed the day’s ea...
Coinbase (COIN) stock plunges over 10%; Here’s why
Coinbase (NASDAQ: COIN) stock fell by more than 10% on Tuesday, November 8, as COIN shares were impacted by the uncertainty in the crypto market surrounding rival cryptocurrency exchange – FTX. FTX i...
Coinbase CEO Brian Armstrong Says Crypto Exchange Has Zero Material Exposure to FTX or FTT
The chief executive of Coinbase is making it crystal clear to stakeholders that the top US-based crypto exchange has no investments in its troubled competitor FTX. Brian Armstrong tells his 1.1 millio...
Coinbase stock price forecast after the FTX meltdown
Coinbase (NASDAQ: COIN) stock price has nosedived in the past few months. It has plunged in the past eleven straight days and is trading at $50, which is the lowest level since June 14. The shares hav...
Coinbase Confirms No FTX Exposure as FTT Price Dumps 75%
American crypto exchange giant Coinbase has confirmed that it has no exposure to FTX, which continues to leach liquidity. 2022 has been the year of crypto contagions, and markets are reeling from this...
Latency problems for the Coinbase exchange
Coinbase, a prestigious exchange platform, has experienced limited services amid recent market turmoil. The platform is reportedly facing latency issues due to the high level of registrations and tra...
No Significant Risk Exposure to FTX or FTT, Says Coinbase CEO
Amid the meltdown of FTX, Coinbase CEO Brian Armstrong tweeted that Coinbase has no significant exposure to FTX and its platform currency FTT, as well as Alameda’s exposure. Coinbase CEO Brian A...
Coinbase CEO calls out “risky business practices” in FTX saga, sympathizes with those involved
Coinbase CEO Brian Armstrong took to Twitter on Nov. 8 with a thread that started by sharing his “sympathy for everyone involved in the current situation with FTX.” Armstrong empathized that it can be...
Coinbase Falls Afoul of German Regulators, Has Platform Outage
Germany’s financial markets regulator BaFin has cautioned Coinbase about its German operations following an audit by Deloitte. The regulator instructed the crypto exchange to put a “proper” business ...
Germany’s financial regulator orders Coinbase to address ‘business organization’ practices
The Federal Financial Supervisory Authority of Germany, also known as BaFin, has issued an order related to the business organization of Coinbase’s local arm in accordance with the country’s banking l...
Why Coinbase Won’t End Up Like FTX: Brian Armstrong
Coinbase CEO Brian Armstrong argued on Tuesday that his exchange isn’t vulnerable to the sort of fallout suffered by FTX this week. He said the “event” surrounding FTX appears to stem from risky busi...
Coinbase Germany Under Scrutiny by Financial Regulator BaFin
10 hours ago | 2 mins read Exchange News The regulator claimed to have discovered “organizational deficiencies” at the exchange. It showed inconsistencies in the way the company was run across all aud...
Bitcoin falls to June lows after Binance announces FTX deal; Coinbase, Kraken undergo downtime
The biggest news in the cryptoverse for Nov. 8 includes Binance’s plans to acquire FTX, Coinbase and Kraken’s downtime after the market plummeted, and FTX’s insolvency being questioned with transactio...
Analysts See Crypto Winter Thaw for Robinhood and Coinbase
Signs of thaw are emerging from the crypto winter, especially for crypto trading platforms Robinhood and Coinbase. Since Bitcoin achieved its peak roughly one year ago, cryptocurrency markets have bee...
BaFin Issues Warnings To Coinbase Germany For Alleged Business Violations
Still, in line with its duty, BaFin has instructed Germany-based Coinbase to be mindful of its business dealings and organization. The warning came in light of a prior act of disorganization, which do...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60...
Coinbase, Kraken down as Bitcoin breaks below June low
Kraken and Coinbase have both been experiencing connectivity issues in the past hour. Just before 19:00 UTC, Kraken announced that it was investigating reports from users who reportedly had difficulty...
Coinbase says it has no material exposure to FTX or FTT
Coinbase CEO Brian Armstrong aimed to ease jitters triggered by news that FTX would sell its non-U.S. assets to Binance amid a liquidity crunch by saying the exchange he runs has no material exposure ...