Cryptocurrency Analysis and News Portal
The Coinbase premium indicator suggests buyers from the Nasdaq-listed entity have played a big role in lifting the cryptocurrency. However, they were not the only buyers. Original Source
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Live from the World Economic Forum in Davos, Switzerland, Tom Duff Gordon, vice president on International Policy, discusses why the fall of FTX put crypto on policymaker’s radar. Source
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The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future of crypto,” Coinbase CEO Brian Armstrong insisted. Coinbase Winding
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According to him, if the U.S. Federal Reserve continues to raise interest rates, half of Coinbase’s revenue could be made up of the exchange’s subscription services, which are tied to a partnership with stablecoin issuer Circle. In addition, the “many positives” that have yet to be priced into the exchange’s
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Crypto exchange Coinbase will be closing down most of its operations in Japan as part of its efforts to survive in the bear market. The move is part of the company’s restructuring plan and follows the recent announcement that it would reduce its employees by 20%. In an interview with BNN Bloomberg,
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ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher. Original Source
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Major cryptocurrency exchange Coinbase is starting 2023 with more layoffs, letting go of another 20% of its employees in a second major wave of layoffs.Coinbase CEO Brian Armstrong officially announced on Jan. 10 that Coinbase will cut 950 jobs as part of the company’s measures to reduce the firm’s operating
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Coinbase will be “acutely pressured in the near-term” as its retail customer base trades less frequently in the bear market, but the company has staying power due to its healthy balance sheet with over $5 billion in cash, it's proactive approach to regulatory compliance, prudent risk management and its legitimacy
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Cathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX) despite the bear market and the crypto crisis.Wood’s investment management firm ARK continues accumulating the stock of the major United States cryptocurrency exchange, Coinbase.On Jan. 5, ARK purchased 144,463 Coinbase (COIN)
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Major exchange Coinbase saw its stock rise markedly after it announced a settlement with a state financial services regulator. Coinbase Global Inc (NASDAQ: COIN) stock jumped 12% Wednesday on news that it had reached a settlement with a New York regulator. According to reports, the leading American crypto exchange
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