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Coinbase Share Prices and Number of Active Users Fall


Coinbase published its financials for the first quarter of 2022. Investors observed a fall of 12% in the stock price in after-hours trading. Revenue came to $1.17 billion, out of which $1 billion came from the cut in trading fees. $152 million was collected in revenue from subscriptions...

Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says


Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia...

Plus500 Launches A New Share Buyback Program


Plus500 was founded in 2008 with headquarters in Israel. It is a brokerage firm that offers products like ETF, Crypto, Forex, CFD, Shares, Commodities, Indices, and Options. Plus500 is spread across Cyprus, the United Kingdom, Singapore, Australia, and Bulgaria. The operations of Plus500...

How the Crypto Industry is Increasingly Paying Its Share of Tax


  Crypto is now a billion-dollar industry. While reports covering the entire sector are patchy and overly conservative, filings from individual companies speak to the growing scale of crypto, with Coinbase and Blockchain.com alone generating USD 7.35bn and USD 1.5bn in revenue in 2021...

JPMorgan Sees Limited Upside for Crypto Markets


JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto...

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