Tag: Coinbase

Crypto Market Focusing on Spot Bitcoin (BTC) ETF Fund Flows Over Fundamentals: Coinbase

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Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Coinbase announcement to drive LTC above $100?

The price of Litecoin grew 8% on March 20, surging from $77 to $86 within the 24-hour timeframe. A rare network transactions trend suggests Litcoin (LTC) could advance towards $100 in the days ahead. A recent announcement by Coinbase and rising volumes of large LTC transactions have emerged as major bullish catalysts for Litecoin’s price this week.  Litecoin price pumps after Coinbase LTC futures announcement On March 20, Coinbase derivatives announced plans to list futures contracts for Dogecoin (DOGE), Litecoin, and Bitcoin Cash (BCH). According to Coinbase’s filing with the Commodity…

Bitcoin Cash (BCH) Surges 15% As Coinbase Plans Futures Listing

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Bitcoin Cash (BCH) has registered a sharp 15% rally in the past 24 hours after plans of a futures listing on Coinbase have surfaced for the asset. Coinbase Plans To Launch Bitcoin Cash Futures Product On 1 April As an X user has pointed out, the cryptocurrency exchange Coinbase appears to have filed certifications with the Commodity Futures Trading Commission (CFTC) to list futures products for three coins on its platform: Bitcoin Cash (BCH), Dogecoin (DOGE), and Litecoin (LTC). Coinbase Derivatives LLC quietly filed certifications with CFTC to list US…

Coinbase Institutional Analyzes Upcoming Bitcoin Halving, Drawing Parallels to 2018-2022 Cycle

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In its latest “Halving Handbook,” Coinbase Institutional draws striking comparisons between the upcoming Bitcoin halving and the market cycle from 2018-2022, offering insights into the potential impacts on the crypto economy. Coinbase’s Halving Handbook The next Bitcoin halving, set for mid-April 2024, is poised to slash miner rewards from 6.25 BTC to 3.125 BTC, a […] Original

Coinbase Institutional releases Bitcoin halving primer for investors

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In anticipation of the fourth Bitcoin halving scheduled for mid-April, Coinbase Institutional has released a primer for investors. The Bitcoin halving, occurring every four years or upon mining every 210,000 blocks, will see miner rewards halve from 6.25 to 3.125 bitcoin per block upon reaching the 840,000 block. The document aims to guide institutional investors by examining the impact of previous halvings and incorporating the recent developments in the cryptocurrency market, such as the introduction of Bitcoin ETFs and Bitcoin’s ascent to unprecedented heights before the halving. Historically, Bitcoin has…

Coinbase CEO Invests in Trading Infrastructure Amid Bitcoin Surge

Coinbase (NASDAQ:COIN) Global Inc. is set to bolster its trading infrastructure in response to challenges faced by users during a significant upswing in Bitcoin prices towards the end of February, according to CEO Brian Armstrong. The platform encountered issues due to an unforeseen surge in trading volumes that surpassed the company’s predictive models, even accounting for preparations for volumes up to ten times the norm following the approval of spot Bitcoin exchange-traded funds (ETFs). This surge in trading activity was primarily fueled by Bitcoin’s attainment of new all-time highs, soaring…

Bitcoin (BTC) Prices May be Positively Impacted by, But Other Factors Still at Play: Coinbase

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“Bitcoin doesn’t operate in a vacuum,” and its price is affected by other influences, such as macro factors, Coinbase said. The report noted that much of bitcoin’s outperformance after the previous halving in May 2020 came in an “environment with extraordinarily loose monetary policy and historically strong fiscal stimulus in response to the Covid-19 pandemic.” Original

Coinbase announces futures trading expansion for Dogecoin, Litecoin, and Bitcoin Cash

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Crypto exchange Coinbase has announced its plan to launch futures trading products for Dogecoin, Litecoin, and Bitcoin Cash, potentially as early as April 1. The latest move was detailed in three separate communications to the United States Commodity Futures Trading Commission (CFTC) on March 7. Through the initiative, Coinbase Derivatives aims to offer cash-settled futures contracts for these cryptocurrencies on its platform, possibly before obtaining formal approval from the CFTC. The exchange plans to utilize a “self-certification” process, asserting that the futures contracts will comply with regulatory standards set by…

Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund

Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused on developing solutions in the digital assets space that help solve real problems for our […] Source CryptoX Portal