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Expect More M&A As New Type of Buyers to Compete With 'Crypto Octopuses'


Mergers and acquisitions (M&A) in the crypto industry are likely to increase in the second half of 2020, despite the ongoing COVID-19 pandemic. This is the opinion of industry players working in crypto and blockchain, who believe that the bigger companies are likely to step up their mergers...

Coinbase Acquires a New Tool For Buyers of 'USD 100M of Bitcoin'


Source: a screenshot, Instagram/Coinbase In an attempt to attract more institutional traders, major crypto exchange Coinbase agreed to acquire another major player in the crypto industry, Tagomi, a New York-based crypto brokerage. Terms of the acquisition, that is pending regulatory approval...

Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins


Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed, “Among customers with at least five purchases, 60% start with bitcoin but just...

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