The shares of the popular trading platform rose 15% after beating earnings and revenue estimates. Source
Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings
Tag: Coinbase
Ledger, Coinbase Pay Integrate to Give Users Direct Access to Buy, Sell Crypto
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CryptoX was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance. Original
Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says
COIN was one of the best-performing stocks in 2023, but has dropped by almost a third since the start of 2024. Original
Bitcoin SV (BSV) Price Dips Following Coinbase Delisting
Bitcoin SV (BSV), a hardfork of the Bitcoin token, has drawn much attention in the last day after top American exchange Coinbase announced its termination of support for the asset. Following this news, BSV’s price has taken a hit, falling by over 5% in the last 24 hours. Coinbase Ends Support For Bitcoin SV In an X post on February 3, Coinbase shared that it had officially withdrawn support for BSV on its platform. This announcement follows a previous post in December when the exchange first communicated its intentions to…
Coinbase officially ends Bitcoin SV support
Coinbase has finalized its actions to phase out Bitcoin SV from its list of supported digital assets. Initially rumored in November 2023, the delisting became official when Coinbase announced it had deprecated support for Bitcoin SV (BSV). In a post on X, Coinbase advised users who still held BSV that their assets had been forcefully liquidated and converted into a different cryptocurrency available on the platform, albeit after the deduction of transaction costs. The exchange also notified customers that the involuntary conversion process might not result in compensation, especially if…
Bitcoin Set For Positive Performance In Q2 2024: Coinbase Analysts
Analysts at cryptocurrency exchange Coinbase are backing Bitcoin and the entire crypto market to put up a significantly positive performance in Q2 2024. This development comes as BTC continues its market recovery, gaining by 3.31% in the last week to trade above $43,000. Downward Pressure On Bitcoin Subsides, Macro Factors To Come Into Play: Analysts In the Coinbase weekly report on Friday, the American exchange’s analysts noted that the market factors that induced downward pressure on Bitcoin were being phased out. This claim is backed by the completion of the…
Top US Crypto Exchange Coinbase Rolls Out Trading for New Layer-1 Altcoin
Users of top US crypto exchange Coinbase can now buy, sell and hold the new token of the layer-1 blockchain and smart contract platform ZetaChain (ZETA). Coinbase says it is rolling out support for the altcoin, which launched on February 1st, with the experimental asset label. The exchange gives this mark to tokens that pose certain risks such as price swings and canceled orders because of lower trading volume and availability. ZetaChain is a proof-of-stake blockchain designed to seamlessly enable different blockchain networks to communicate and interact with each other.…
Crypto Exchange Coinbase Puts Solana-Based Altcoin on Listing Roadmap
Top US crypto exchange Coinbase is listing another Solana-based (SOL) altcoin as the Ethereum (ETH) rival’s ecosystem heats up. In a new announcement, Coinbase says it is adding Render (RNDR) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. Render is an image-synthesizing ecosystem consisting of distributed Graphics Processing Unit (GPU) computers. Says Render, “The network allows for a model that improves render speed for artists while reducing costs and increasing scale. It improves capital efficiency by utilizing idle GPU compute capability,…
Ex-UK finance minister joins Coinbase crypto exchange
Former British Chancellor George Osborne addresses guests during a visit to the Manchester Chamber of Commerce on July 1, 2016 in Manchester, England. Christopher Furlong | Getty Images LONDON — A former British finance minister on Wednesday joined cryptocurrency exchange Coinbase as a global advisor, beefing up the company’s regulatory bargaining power at a time when it faces severe scrutiny stateside. Coinbase announced that George Osborne, who served as Britain’s chancellor of the exchequer from 2010 to 2016, will join the company on its global advisory council. He’ll join the…