Tag: Coinbase

Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices

The latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we think upcoming major catalysts may be regulatory driven.” Upcoming regulatory events include the Securities and Exchange Commission (SEC)’s decisions on spot […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Crypto Exchange Coinbase Adds Solana-Based DEX to Listing Roadmap

boss

Coinbase has added a new Solana (SOL)-based decentralized exchange (DEX) altcoin to its listing roadmap. On Tuesday, the top US crypto exchange put Drift Protocol (DRIFT) on the path towards being tradeable on its platform in the future. Drift is an open-source DEX that enables transparent and non-custodial trading. Explains the project, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive protection from over-extending risk. For…

Coinbase develops new service to target Australia’s $664b pension market

U.S. crypto exchange Coinbase is working on a new product offering digital assets for Australia’s growing self-managed pensions sector. Cryptocurrency exchange Coinbase is developing a yet-to-be-announced service that would offer crypto investment products for portfolios that make up about a quarter of Australia‘s $2.5 trillion pension system, Bloomberg reports, citing Coinbase Asia-Pacific managing director John O’Loghlen. Speaking on the matter, O’Loghlen hinted that the exchange’s new solution is designed to cater to clients who may only make a single allocation with the service provider rather than engaging in regular or…

Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals

boss

A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price. Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes In a CryptoQuant Quicktake post, an analyst discussed the dynamics in the cryptocurrency market that arise out of the battle happening between Binance and Coinbase for spot volume dominance. Related Reading The quant shared a chart below that shows how this war for dominance has played out over the past decade. The spot volume share of the two giant exchanges…

Coinbase recovers services following two-hour system wide outage

Cryptocurrency exchange Coinbase said in an X post it has restored some of its services following an outage that disrupted trading on its website and mobile app. In an X post on May 14, the US-based crypto exchange Coinbase said it recovered “some services,” noting though that customers “may still be encountering connectivity problems.” The exchange’s update comes two hours after Coinbase initially reported a “system wide outage” and reassured customers of an active investigation into the matter. We’re seeing some services recover. We know customers may still be encountering…