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Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges
20.3.2021
The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.” This enforcement action came as Coinbase is getting ready for its initial public offering (IPO)...
Cardano Transforming DeFi by Launching ADA on Coinbase Pro
17.3.2021
Coinbase, a cryptocurrency exchange platform, took to its blog to announce the integration of Cardano (ADA), a digital currency of open source network Cardano. Coinbase is a US-based crypto exchange intending to be a global leader in crypto space enabling open financial systems which made news...
Coinbase registers 114.9 million shares ahead of direct Nasdaq listing
17.3.2021
Coinbase listed the shares for resale in preparation for its initial public offering at the end of the month
Accidental Gift To ETH Miners, Cardano Rallies On Coinbase Pro News + More
16.3.2021
Source: Adobe/Skórzewiak
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Nvidia, an American tech company, confirmed that it has accidentally removed the hash rate limiter on its...
Elon Musk Wants Coinbase to List Dogecoin as the Cryptocurrency’s Adoption Grows
14.3.2021
Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities...
Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher
13.3.2021
The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins
Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months
9.3.2021
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet....
Coinbase Reportedly Valued at USD 90B in a Private Auction
9.3.2021
Source: Instagram, Coinbase
US-headquartered major crypto exchange Coinbase is said to be valued at USD 90bn in a private auction.
The company shares traded at some USD 90bn value last week, based on USD 350 a share, which is the price the stock was trading at the auction last Thursday on...
Coinbase reportedly hits pre-IPO valuation of $100 billion in private auction
9.3.2021
The major exchange is inching closer to a public offering
Ripple’s Asia Pacific Business Flourishing Despite SEC Lawsuit, Says CEO
7.3.2021
Ripple chief executive officer Brad Garlinghouse said Friday that the company’s business in the Asia-Pacific region has not suffered from the ongoing regulatory issues in the U.S. Ripple’s Business in Asia and Japan Sees Growth Ripple is facing a $1.3 billion lawsuit from the U.S....
$1 Million per BTC in 10 Years: ‘In Terms of Dollars Bitcoin Is Going to Infinity,’ Says Kraken CEO
6.3.2021
While bitcoin prices have been coasting along between $46k to $48k during the last three days a number of proponents are still bullish about the crypto asset’s long-term value. On Thursday, Kraken CEO Jesse Powell said that he thinks bitcoin could easily reach a million-dollar valuation...
Pricing the hype: Crypto companies valued at billions as market booms
5.3.2021
Crunching the numbers: Analysts and industry experts weigh in on crypto firms like Coinbase and Kraken being valued in the billions
Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion
5.3.2021
U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive...
How wallet platforms are taking on exchanges
4.3.2021
With major exchanges suffering outages and hacks, and some abruptly suspending withdrawals, are wallet platforms a more compelling alternative?
Coinbase CEO tops China’s Hurun list of blockchain billionaires
4.3.2021
Coinbase CEO Brian Armstrong’s estimated wealth surged 10-fold over the past year to hit $11.5 billion, according to China’s Hurun Research Institute
Coinbase custodies 11% of entire crypto capitalization
2.3.2021
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap
BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion
1.3.2021
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than...
3 reasons Bitcoin recovered by 8% overnight — Key levels to watch next
1.3.2021
Bitcoin rebounded by over 8% overnight and there are three key reasons behind the rally, in addition to macro factors
BTC Downturn, ETH Scaling, Coinbase Listing and 20 Crypto Jokes
27.2.2021
Welcome! Let's do a short recap of what happened in the crypto week behind us. Coin Metrics said there's little reason to believe that Bitcoin miners are responsible for downturns in BTC’s price, Kraken’s CEO Jesse Powell said that “extreme” ethereum selling caused Monday’s flash crash to USD...
Law Decoded: Loose ends and long dramas, Feb. 19–26
26.2.2021
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter