Base Protocol spiked over 100% after Coinbase launched the testnet of its L2 network. Following Coinbase’s launch of Base, a new Ethereum Layer-2 blockchain, an unrelated cryptocurrency asset spiked ...
Tag: Coinbase
Optimism jumps 22% following Coinbase ‘Base’ layer 2 announcement
Ad Optimism (OP) jumped 22% to a local top of $3.095 at the time of press – marking a 15-day high. Profit-taking has since formed a relatively long top wick on the daily candle. Nonetheless, year-to-d...
Coinbase Launch ETH Layer-2 Network Based on Optimism, OP Token Pumps 6%
The largest US-based crypto exchange Coinbase unveiled its own Ethereum layer-2 network. Dubbed “Base,” the new network is built on the MIT-licensed OP Stack in collaboration with Optimism. According ...
Coinbase Launches Ethereum L2 Network “Base”, Stock Rallies
Coinbase, the second largest crypto exchange, has recently launched a testnet for their newest product “Base,” an Ethereum layer 2 (L2) network. The new product will provide a secure and cost-effectiv...
Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case
The United States Securities and Exchange Commission has again been accused of overstepping its authority and unfairly labeling crypto assets as securities, this time in its insider trading case again...
Optimism (OP) Spikes 14% Following Coinbase Partnership
Optimism (OP) price has surged by 14% after Coinbase, one of the world’s largest crypto exchanges, joined the Optimism ecosystem. Coinbase will work with OP Labs as a core developer to contribute to t...
Coinbase unveils new Ethereum L2 network powered by Optimism
Coinbase has launched the testnet version of a new Ethereum L2 network – Base The L2 network has been deployed on the OP Stack codebase, giving a push to OP’s price on the market Coinbase, a leading U...
Coinbase Q4 Earnings Report Exceeded Analysts’ Forecasts
Coinbase (COIN), the United States’ largest cryptocurrency exchange platform, announced its fourth-quarter earnings and beat analysts’ expectations with its $605 million net revenue and loss of $2.46 ...
Coinbase Stock Whipsaws After Close on Better-than-expected Earnings
Coinbase posted higher-than-expected fourth quarter revenue after the close Tuesday, sending shares down an initial 1% in after-hours trading. The cryptocurrency exchange reported $605 million i...
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...
Base Protocol (BASE) price jumps 250% amid mistaken Coinbase link
Base Protocol (BASE) outshone other cryptocurrencies on Thursday with a staggering 250% price gain as the protocol’s native token benefitted from the latest news from crypto exchange Coinbase. Unrelat...
IEX Exchange Looking to Float Regulated Crypto Outfit with Coinbase
Despite the scare from regulators, many still attest to the fact that the crypto market will play a crucial role in the future of finance. American trading bourse, the IEX Exchange is looking to launc...
Traders Still Prefer Centralized, Trading Volume Suggests
Publicly-traded crypto exchange Coinbase has maintained higher trade volumes than decentralized counterpart Uniswap so far this year, suggesting traders may not be as regulation-hesitant as originally...
Coinbase Reports Revenue Increase in Q4 Despite FTX Collapse
Cryptocurrency exchange Coinbase reported revenue increased slightly from the previous quarter, capping off a year that saw the exchange’s business model stymied by depressed digital asset prices. Com...
Ethereum Scaling Project Surges As Coinbase Launches Layer-2 Support
Ethereum-based (ETH) scaling solution Optimism (OP) is skyrocketing after the announcement of a partnership with a scaling project incubated by the largest crypto exchange platform by volume in the US...
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...
Coinbase discloses ‘uncertain, potential impact’ of SEC subpoenas
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implicatio...
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 Takes A Stand Against SEC Crackdown! Is XRP Re-Listing Underway?
The cryptocurrency winter that began in 2022 has resulted in the closure of several centralized exchanges due to the significant shrinkage in total traded volume. However, the rise of decentralized ex...
Coinbase Adds Support for Euro-Pegged Stablecoin After Binance CEO Predicts New Trend for Crypto Sector
Coinbase is adding support for an Ethereum (ETH)-based stablecoin that aims to stay pegged to the Euro to its crypto trading platform. The top US crypto exchange announced Euro Coin (EUROC) as the lat...
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...
Cathie Wood’s Ark Invest makes another huge Coinbase shares purchase
Cathie Wood’s Ark Invest on Wednesday added another 213,519 Coinbase shares (NASDAQ: COIN) across two funds. The new purchase amounted to about $13 million. The new COIN shares acquisition brings the ...
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...
Coinbase discloses recent cyberattack targeting employees
Coinbase employees were targeted in a cybersecurity attack on Feb. 5 involving SMS scams and the impersonations of IT staff, according to a recent report from the company’s engineering team. No custom...
Coinbase NFT: crypto trading volumes low
Over the past 7 days, Coinbase NFT has recorded crypto trading volumes of less than 5 Ethereum. However, a drop in sales does not discourage the company behind the marketplace, which still considers i...
Coinbase CEO Brian Armstrong Says Crypto in ‘Despair Phase’ Amid US Exchange’s $2,625,000,000 Annual Loss
Crypto exchange Coinbase is struggling as a result of the bear market but the firm’s CEO, Brian Armstrong, says they’re built for the long term. During an earnings call on Wednesday, Armstrong says th...
Coinbase Risk Disclosure Change Intensifies Calls for Exchange to Re-list XRP
The crypto exchange again hints at readiness to fight perceived SEC overreach, leaving many to wonder wen re-list XRP. Coinbase, the largest crypto exchange in the United States, has changed its risk ...
Coinbase 2022 Losses Total $2.6 Billion As Crypto Tightens Belt ⋆ ZyCrypto
Advertisement     American crypto exchange giant Coinbase released its Q4 2022 statements, showing a net loss of $557 million, signalling a quarter-on-quarter consecut...
Coinbase (COIN) Earnings Release Brings Positive Results
Crypto exchange Coinbase managed to survive through the recent crypto winter Company beat many estimates and performed better, but the user base declined Recently leading US crypto exchange Coin...
Coinbase Price Prediction: Will COIN stock reach $100 in 2023?
Coinbase Global Inc (NASDAQ: COIN) beat the Q4 estimates Coinbase stock price sustained above 50 day EMA and but struggled to climb above 200 day EMA NASDAQ: COIN stock price recovered more than 100% ...
Is IEX Planning a Regulated Crypto Exchange With Coinbase?
Coinbase may just have reported heavy losses, but it hasn’t dented its ambition. Rumors are circling it is reportedly partnering with Investors’ Exchange to create a regulated digital marketplace. The...