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With over $159 billion quarterly crypto traded volume from more than 108 million verified users, Coinbase has attracted more institutional investors during the 2022 bear market.Coinbase Global Inc (NASDAQ: COIN), a centralized publicly traded cryptocurrency exchange, recorded a slight bump in trading volume in January 2023, according to a report
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Place/Date: - January 25th, 2023 at 5:16 am UTC · 4 min read Source: Orbeon Protocol A few cryptocurrencies recently gained momentum, and gathered the interest of investors. Among them, the current trends are focused on the increasing popularity of Gala (GALA),
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Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales. According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication,
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Cathie Wood's Ark Invest offloaded a chunk of its Grayscale Bitcoin Trust (GBTC) shares since November's Bitcoin (BTC) price lows, the latest data shows.Cathie Wood's Ark short-term cautious on GBTCArk Invest added 450,272 GBTC shares worth $4.5 million to its ARK Next Generation Internet ETF (ARKW) in November 2022. At the time,
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The world’s largest cryptocurrency exchange Binance was in the crossfire of critics for a long time after the FTX collapse. In particular, there was harsh criticism because of an opaque proof of reserves issued by the auditing firm Mazars, which paused the cooperation with the exchange shortly thereafter. Over the turn
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As Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian Armstrong floated the idea of the two countries moving to Bitcoin (BTC). This sparked various discussions over the viability of BTC as a national currency. On Jan. 22, the two South American countries announced their preparations
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Cryptocurrency exchange Coinbase won’t escape from the profitability challenges it will face from the crypto market downturn, despite having a strong brand and credibility in the crypto market, according to investment analysts.Credit rating firm Moody’s released a note on Coinbase on Jan. 19 discussing its downgrade of Coinbase’s senior debt
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Coinbase says that its customers in Japan have a 1-month deadline to withdraw all holdings, as operations would cease after that. According to recent reports, Coinbase Global Inc (NASDAQ: COIN) is halting operations in Japan due to volatile market conditions. The leading American crypto exchange also said it would conduct a
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Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan.Coinbase officially announced on Jan. 18 that the firm will be terminating operations in Japan and conduct a complete review of its business in the country due
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The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including business intelligence firm MicroStrategy have recorded similar jumps with green candles all around since the start of 2023.The share price of Coinbase fell as low as $31.95 on Jan.
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