Thu, March 28

Coinbase’s New Ad Pushes Crypto Adoption on National Lost Penny Day

According to a new advertising campaign from cryptocurrency exchange Coinbase, the conversion of the US dollar to a “well-designed blockchain” has the potential to repurpose billions of “clunky” pennies in circulation. The initiative was launched on February 12 in celebration of National Lost Penny Day, an annual event that has

February 13, 2024 1 min read

Crypto Companies Skip Super Bowl Ads for Second Year 

The Super Bowl, one of the biggest events for marketing events in the US, will have no crypto ads for the second year in a row. Most major crypto companies, including Coinbase, Kraken, and Bitcoin spot ETF providers, have decided to skip the advertising opportunity, citing various reasons. The main

February 11, 2024 2 mins read

Coinbase Strengthens Advisory Board With Addition of Ex-UK Chancellor

Coinbase announced that former UK Chancellor George Osborne would join its board of advisors. Disputes with the U.S SEC and litigation against the cryptocurrency exchange have likely prompted the move. The action by Coinbase further shows that the company is attempting to sidestep U.S regulations as it expands into other

January 31, 2024 1 min read

Oppenheimer Upgrades Coinbase (COIN) Stock to ‘Outperform’

Following investment bank Oppenheimer’s decision to upgrade Coinbase’s stock rating from “perform” to “outperform” and set a price target of $160 per share, citing the company’s strength and the toughness of its management team, Coinbase’s (COIN) share price increased by as much as 6% on Friday. Analyst Owen Lau mentioned:

January 27, 2024 2 mins read

JPMorgan Downgrades Coinbase Amid Bitcoin’s Lackluster Performance

In a research report released on Monday, JPMorgan downgraded U.S. exchange Coinbase (COIN) to underweight and warned that the debut of spot bitcoin ETFs, the primary driver of bullish sentiment in the cryptocurrency markets last year, might disappoint investors in 2024. Analysts led by Kenneth Worthington mentioned: “While we continue

January 23, 2024 2 mins read

Coinbase vs SEC Pivotal Legal Showdown Today: More Details

In a pivotal legal showdown, Coinbase is set to present its case against the U.S. Securities and Exchange Commission (SEC) in a federal courtroom, challenging allegations that its business model involves trading unregistered securities. The hearing, scheduled for four hours before Judge Katherine Polk Failla of the U.S. District Court

January 17, 2024 2 mins read

Coinbase and Yellow Card Join Forces for Crypto Expansion in Africa

Coinbase has teamed up with Africa’s Yellow Card to launch its products in 20 African nations, with an emphasis on growing the accessibility of the USDC stablecoin. Moreover, Coinbase will integrate Yellow Card’s payment rails in Africa as part of the agreement, according to Yellow Card CEO Chris Maurice. This

January 12, 2024 1 min read

Coinbase Eyes EU Domination with MiFID Licensed Firm Acquisition

Coinbase is planning to expand its derivatives operations throughout the European Union by acquiring a MiFID-licensed corporation in Cyprus, as stated by the company. The goal of this undertaking is to substantially increase Coinbase’s market presence in 2024, subject to regulatory permission. In line with Coinbase’s long-term goal of diversifying

January 6, 2024 1 min read

Coinbase Implements FCA-Compliant Measures for UK Users

Some users have reported receiving an email stating that Coinbase has implemented a new requirement for customers in the UK. A risk acknowledgment form must now be filled out by them. This effort is in line with the Financial Conduct Authority’s (FCA) upcoming rules on financial advertising in the United

January 4, 2024 2 mins read

Coinbase Custody Shuffles Leadership Ahead of Spot Bitcoin ETF Decision

Coinbase has reportedly replaced the head of its custodial company while the U.S SEC decides whether to approve a spot Bitcoin ETF. Bloomberg reports that Aaron Schnarch, CEO of Coinbase Custody, has stepped down from his position. Rick Schonberg, who has been a senior fintech executive at Coinbase since 2021

December 31, 2023 2 mins read