Coinbase, a publicly traded crypto company and one of the largest exchanges globally has expanded its offerings with two new meme coins. Gigachad (GIGA) and turbo (TURBO) are now available for trading on the San Francisco-based platform. Coinbase Adds Gigachad and Turbo Coinbase (Nasdaq: COIN) has been on a meme coin spree lately. Over the […] Source CryptoX Portal
Este artículo también está disponible en español. Bitcoin has been consolidating below the $100,000 level for twelve consecutive days, marking a pause in its recent historic rally. The aggressive surge since November 5 appears to be cooling off, with market attention gradually shifting toward altcoins. Despite the slowdown, Bitcoin remains a cornerstone of market strength, holding firmly above the critical $90,000 support level. Related Reading Key data from CryptoQuant highlights two significant outflows exceeding 8,000 BTC each from Coinbase in the past 24 hours, signaling sustained institutional interest and potential…
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Este artículo también está disponible en español. As the Bitcoin price consolidates just below its all-time high of $99,540, a significant move by the US government has raised concerns among investors. The government has transferred a substantial amount of its seized Bitcoin holdings to Coinbase, potentially signaling intentions to sell. This echoes similar actions that had previously impacted the market earlier this year. US Government’s Bitcoin Transfer According to market intelligence firm Arkham, the US government moved approximately 10,000 Bitcoin, worth around $1.92 billion at current market prices, to two…
The meme token moo deng (MOODENG), themed around a charming baby pygmy hippopotamus from Thailand’s Khao Kheow Open Zoo, kicked off the week with an impressive 46.9% gain on Monday. As of this writing, the token is trading at $0.537 per unit, inching closer to its highest recorded price. Baby Hippo-Inspired MOODENG Charges Ahead, Climbing […] Source CryptoX Portal
The price of Wrapped Bitcoin tanked below $6,000 on Binance just a few days after Coinbase delisted it amid liquidity concerns. Wrapped Bitcoin (WBTC), issued by crypto firm BitGo, lost nearly 95% of its value in under an hour on Binance, crashing from $98,500 to $5,209 before recovering to around $98,000 on Nov. 23. The price of WBTC against USDT | Source: crypto.news The cause of WBTC’s sharp price drop remains unknown, with neither BitGo nor the WBTC team commenting on the flash crash. The incident comes just days after…
Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase is also working with the Kenyan government to foster blockchain development and education. While regulatory uncertainties have previously hindered Coinbase’s operations in […] Source CryptoX Portal
Coinbase is onboarding memecoins, to be sure. In the past week, it greenlit FLOKI and PEPE, as well as WIF for German traders. Those tokens have been around a relatively long time and accrued market caps in the billions of dollars, making them more stable (relatively speaking) than, say, DIDDYOIL, a memecoin only accessible to traders who operate on-chain. Source
Este artículo también está disponible en español. Bitcoin reached a new all-time high yesterday, surging to $94,000 and solidifying the bulls’ control over the market. This milestone has ignited widespread speculation about the key factors fueling the rally, as Bitcoin continues to dominate headlines and capture investor enthusiasm. Related Reading Key insights from CryptoQuant CEO Ki Young Ju shed light on the drivers of this historic surge. According to Ju, this rally has been powered by Coinbase investors, with U.S.-based buyers playing a significant role. The influx of demand from…
“Of course, the central bank, CB, Coinbase, they also would love to have Wrapped Bitcoin under their belt,” he said. “There is no doubt that the model that BitGo is proposing, how we’re going to store the keys, is far superior to anything that Coinbase can or would concoct.” Source