Cryptocurrency Analysis and News Portal
Coinbase has announced that it plans to invest 10% of all profits in crypto. The exchange is one of the leading crypto exchanges in the world and with their profit margins, 10% will be a big investment going into crypto. All crypto purchases with crypto will be kept on the
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Humanity is facing more problems than climate change. The world is confronted with some of the greatest challenges of our time: world hunger, growing inequality and economic instability. Many believe that the root cause of the entire range of problems faced by humanity is the expansion of the political power
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Bitcoin has climbed up from every major resistance level in the past month. At the time of writing, BTC trades at $48,412 with a 3.8% profit. BTC on a rally in the daily chart. Source: BTCUSD Tradingview After weeks in the green, the general sentiment in the crypto market has flipped decisively
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Coinbase today announced it would allocate 10% of its quarterly net income toward buying cryptocurrencies to create a diverse portfolio of crypto assets. Coinbase Updates Investment Policy US-based cryptocurrency trading platform Coinbase today announced a significant update to its investment policy. According to the latest update, Coinbase has committed a mammoth $500 million
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Leading U.S. exchange by trade volume, Coinbase, has revealed plans to add half a billion dollars worth of crypto to its balance sheet.Coinbase CEO, Brian Armstrong, announced that the company’s board had approved the crypto spending spree in an August 20 tweet, adding that Coinbase also plans to invest 10%
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Coinbase generated $2.23 billion of revenue for the second quarter of 2021, as Ethereum (ETH) trading volume surpassed Bitcoin (BTC) for the first time on the platform. Coinbase posted its Q2 report on Aug. 10 and the crypto exchange’s revenue beat analyst predictions — with industry standard financial estimators Refinitiv
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In line with the move, Lloyds increased its net new money target to around £40 billion in 2023.British financial institution Lloyds Banking Group PLC is set to buy major WealthTech player Embark Group for £390 million. The UK banking giant will acquire £35 billion of assets under administration from the Dundee-based
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An Axie Infinity player from the Philippines bought two houses with his earnings from the popular crypto-powered play-to-earn game. Earlier this month, 22-year-old John Aaron Ramos, who plays under the pseudonym “Magnus TV,” took to social media to announce that he had purchased two houses in the Philippines from profits
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Aave has announced integration with Ethereum’s sidechain Polygon. Aiming to provide alternatives for DeFi applications to be used by everyone, the implementation will allow users to leverage “nearly-free” transactions. With a “nascent ecosystem” composed of protocol such as Quickswap and Aavegotchi, Polygon is connected to Chainlink oracle service. Therefore, the information
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While the last few weeks have been sideways moving for major cryptocurrencies, Akropolis (AKRO) had a 22.5% rally. In one year, the Ethereum-based protocol’s native token has seen gains of 5,868%, and its latest updates point to more potential. With $27.99 million in total value locked, investors can review up to
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