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As long as Coinbase stock is concerned, there is a very gloomy expectation for its growth in 2023 and in the long term.Dear readers welcome to another episode of the Coinspeaker Advent Calendar where we get to explore potential expectations on the share price of Coinbase Global Inc (NASDAQ: COIN)
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Users of Coinbase can trade about 9,000 different cryptocurrencies, far more than rivals Kraken and Binance, but while transfers of ERC-20 tokens aren’t significant, they are popular among developers who want to create their own tokens on the Ethereum blockchain and other users who believe in the networks behind those
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Major cryptocurrency platform Coinbase has offered an asset recovery tool for users who “mistakenly send unsupported tokens” to exchange addresses.In a Dec. 15 announcement, Coinbase said users who sent any of roughly 4,000 ERC-20 tokens to a Coinbase address could recover their previously unrecoverable funds by providing “the Ethereum TXID
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Amid the crypto winter of 2022 and major bankruptcies this year 2022, law enforcement agency requests have doubled at Coinbase.On Monday, December 12, crypto exchange Coinbase reported that the total number of law enforcement requests has skyrocketed by a staggering 66% through the year ending September 30. The exchange released
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The highest volume of law enforcement and agency requests from a single country came from the U.S., with 5,304, while the second-most number of requests came from the U.K. with 1,744, the report said. The number of U.S. requests increased 6% from the previous annual period. and Coinbase noted around
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Ark Invest resumed its Coinbase shares acquisition in October when it added 10,880 shares, pushing the valuation of its then-total holdings to $60.5 million.Again, Florida-based investment management firm Ark Invest has purchased shares of popular cryptocurrency exchange Coinbase (NASDAQ: COIN). The recent purchase was the company’s first investment in the
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The purchase takes the ARK Innovation ETF's (ARKK) holding to 5.7 million COIN shares. That puts the purchase on the small side – increasing the ETF's exposure by 1.4%. It suggests the investment firm still sees bullish signs for the crypto sector, though may be opting for a cautious approach
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Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and
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United States-based cryptocurrency exchange Coinbase has asked its customers to convert their Tether-issued USDT (USDT) stablecoin to USD Coin (USDC), a USD-pegged stablecoin issued by Circle and co-founded by Coinbase in 2018.The cryptocurrency exchange suggested that USDC is a much more secure alternative in the wake of the FTX collapse saga
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