Sat, November 23

Ethereum Worth $541M Transferred to Coinbase: How Does ETH React?

Ethereum has recently witnessed a surge in bullish activity, signaling a promising path to recovery. Over the past 24 hours, ETH witnessed a commendable 4% upswing in its price, with figures climbing from $3434 to $3657. Notably, this bullish momentum was accompanied by a significant spike in trading volume, which

March 26, 2024 2 mins read

BlackRock Choose Coinbase for Tokenized Fund Infrastructure

Coinbase, a leading crypto exchange, has been selected as a crucial infrastructure provider for BlackRock’s latest tokenized investment fund, according to announcements made by the exchange.  We are excited to announce that Coinbase has been chosen as a key infrastructure provider for @BlackRock and @Securitize Tokenized Investment Fund. — Coinbase

March 21, 2024 1 min read

Coinbase CEO Plans Infrastructure Upgrade After Recent Outages

Following its recent spate of unscheduled failures, crypto exchange Coinbase has said that it would have to upgrade its infrastructure in order to adequately address the problem. If Coinbase wants to significantly reduce the number of outages it has had in the last several weeks, it has to invest heavily

March 20, 2024 1 min read

Cathie Wood’s ARK Invest Sells Almost $150M Worth of Coinbase Shares

In the week ending March 8, Cathie Wood led ARK Invest sold more than 580,000 shares of Coinbase (COIN), a cryptocurrency exchange, for a total of $149.85 million, as the stock closed at $256.62 on Friday. Three of ARK’s exchange-traded funds (ETFs)—Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation

March 11, 2024 1 min read

Goldman Sachs Upgrades Coinbase to Neutral Amid Stock Surge

With a 60% increase from the start of the year, Coinbase (COIN) stock has shown remarkable growth in the last few weeks, regaining its listing price and trading at $256 at the time of writing. After a steep decline during the crypto winter, when shares fell to $33 in 2023,

March 9, 2024 2 mins read

1xBit Welcomes New Network: Base

With over 3 million active users and with its TVL scaling beyond $600 million, the Base Network (a solution pioneered by Coinbase) has proven to be a successful train that keeps on moving. Typical of 1xBit to key into trends, it recently announced its inclusion of the network to further

March 5, 2024 3 mins read

Coinbase Reassures Users After Second Glitch Amid Bitcoin Surge

As the platform takes yet another hit, crypto exchange Coinbase reassures customers that their assets are secure. Customers of Coinbase Inc. reported a problem with the platform during the recent spectacular price surge of Bitcoin (BTC). Many customers were worried when their account balances supposedly showed zero due to a

March 5, 2024 1 min read

Coinbase Presses SEC For Grayscale’s Ethereum ETF Approval

Coinbase, a leading cryptocurrency exchange, has taken a proactive stance in advocating for the approval of the Grayscale Ethereum Trust listing as a spot ether Exchange-Traded Fund (ETF). The company’s Chief Legal Officer, Paul Grewal, recently announced on social media platform X that Coinbase has responded to a request for

February 22, 2024 2 mins read

ARK Dumps $90M Worth of Coinbase Shares After Q4 Earnings

Coinbase Global (COIN), the Nasdaq-listed cryptocurrency exchange, saw one of its largest institutional supporters, ARK Invest, sell about $90 million worth of its shares on Friday. This happened after the exchange posted strong fourth-quarter earnings that led to several analyst upgrades. Coinbase shares surged nearly 27% to $180.31 last week,

February 19, 2024 1 min read

JPMorgan Upgrades Coinbase Rating from Underweight to Neutral

From “underweight,” JPMorgan’s rating for crypto exchange Coinbase was raised to “neutral” in a surprising move. The announcement of the full-year results is imminent, and the rating arrives at a critical juncture. The stock was raised from underweight to neutral by JPMorgan, which improved Coinbase’s rating. The investment bank has

February 15, 2024 1 min read