Tag: Coinbase

Coinbase to begin new campaign to advance US legislation 

Coinbase is launching a comprehensive paid media campaign to urge crypto users to contact their members of Congress to address the need for regulatory clarity of the crypto industry. As part of this campaign, the second-largest crypto exchange is also organizing a fly-in on Sept. 27 to bring executives and developers from different crypto companies to meet staff and lawmakers on Capitol Hill. Down to the roots As stated in Reuters, the grassroots advocacy campaign seeks to advance a bill that would define when a cryptocurrency is a security or a commodity. This…

US voters across 4 swing states oppose anti-crypto pres candidates: Coinbase

boss

Crypto exchange Coinbase says it will focus its “Stand with Crypto” campaign on nine states in the U.S., including four “swing states” with voters polled as less likely to choose anti-crypto presidential candidates. The four “swing states” include New Hampshire, Nevada, Ohio, and Pennsylvania, which are just some of the states the crypto exchange is set to focus its “Stand with Crypto” campaign, it said in a Sept. 19 blog. “Polling in the fall of 2022 showed that in the key states of NH, NV, OH, and PA, over half…

Does Coinbase Have a Diversification Problem?

Depending on how you look at it, this could be ominous for Coinbase’s future growth or simply a matter of common sense. ETH and BTC are the two largest networks, but that hasn’t prevented, say, Solana from finding a user base. Not every token will be a winner, but presumably unless something catastrophic happens recent launches like Sui and Aptos will find uses and users too. Source

Bitcoin Rally Driven By Coinbase Users? Premium Would Say So

boss

The Bitcoin Coinbase Premium Gap has been positive during the past few days, implying the surge above $27,000 may be driven by the platform’s users. Coinbase Users Have Been Participating In Aggressive Bitcoin Buying Recently In a new post on X, the CryptoQuant Netherlands community manager, Maartunn, has pointed out how there appears to have been buying going on at Coinbase recently. The relevant indicator here is the “Coinbase Premium Gap,” which keeps track of the difference between the Bitcoin prices listed on the cryptocurrency exchanges Coinbase and Binance. The…

Coinbase CEO stands up for DeFi, Polygon says $1B ZK-rollup paying off: Finance Redefined

boss

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw Coinbase CEO stand up for the nascent ecosystem amid growing calls for enforcement action, while Polygon CEO has said that its $1 billion zero-knowledge proof rollup bet is paying off. MakerDAO’s founder believes decentralized stablecoins could dominate crypto, while Solidus Labs says decentralized exchanges have become a magnet for wash trading. The top 100 DeFi tokens…

Coinbase CEO Brian Armstrong Says Crypto Exchange Will Now Support Bitcoin Lightning Network

boss

Coinbase CEO Brian Armstrong says the largest US-based crypto exchange is adding support for Lightning Network, a layer-2 scaling solution for Bitcoin (BTC) that aims to address scalability issues. In a statement, Armstrong says Coinbase is working to add Lightning given the significance and importance of Bitcoin in the digital asset space. “We’ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient.” Coinbase…