Brian Armstrong, CEO of the U.S.-based crypto behemoth Coinbase, has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas to trim the fat in state bureaucracy and cut state spending. Coinbase CEO Brian Armstrong Praises Elon Musk’s D.O.G.E. Proposal, Examines Possible Outcomes The Department of Government Efficiency (D.O.G.E.), […] Source CryptoX Portal
Tag: Coinbase
Coinbase CEO Brian Armstrong and Trump Reportedly Hold Private Discussion
According to “people familiar with the matter” who spilled the beans to the Wall Street Journal (WSJ), Coinbase CEO Brian Armstrong reportedly met with U.S. President-elect Donald Trump on Monday. WSJ reporter Brian Schwartz claims the meeting would be the first since Election Day on Nov. 5 and the two will discuss “personnel appointments for […] Source CryptoX Portal
Coinbase CEO mentioned ‘DOGE’ could increase economic freedom
Trump’s plan for the U.S. Department of Government Efficiency (DOGE) is to reduce federal government spending and cut some unnecessary regulations. This idea is now being supported by Coinbase CEO Brian Armstrong. According to Brian Armstrong, CEO of Coinbase, the idea of creating a new Department of Government Efficiency (DOGE) is a lifetime opportunity. He mentioned on X post Nov. 17, that the agency could increase economic freedom in the U.S. and cut the size of government back to health. Armstrong noted that government spending could be scrapped by only…
Floki whipsaws 14% on Coinbase listing
Coinbase meme coin Floki to its listing roadmap two days after announcing PEPE trading on the largest U.S. centralized crypto exchange. Floki (FLOKI) surged over 21% in one hour as Coinbase posted about upcoming trading support for the $2.7 billion meme coin. The timing of the news coincided with a market-wide recovery, bolstering FLOKI’s price hike. It’s the second time Coinbase has added crypto’s older meme tokens. On Nov. 13, the exchange listed Pepe-The-Frog-inspired (PEPE). Data showed that PEPE reached a new all-time high shortly after. Social media users speculated…
Holders Less Likely to Sell Low Cap Meme Coins Knowing Binance, Coinbase Listings Could Happen – Could PEPU, STARS List Next?
As Binance welcomes obscure, lower-market-cap meme coins, the opportunity for everyday retail traders to make life-changing money is growing. Peanut the Squirrel and ACT I: The AI Prophecy were listed this week, but traders are now looking for what’s next, and Pepe Unchained and Crypto All-Stars keep coming up in conversation. Binance Listing Spree Injects […] Source CryptoX Portal
Coinbase Launches Regulated Crypto Benchmark — Who Can Invest?
Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges — Coinbase’s Bold Move with COIN50 Index Coinbase (Nasdaq: COIN) has launched the Coinbase 50 Index (COIN50), which the crypto exchange described as “a regulated […] Source CryptoX Portal
Bitcoin (BTC) Price Blasts to $90K on Coinbase as Crypto Rally Shakes Out Leveraged Traders
The largest crypto retraced around 5% to the low-$85,000 level earlier Tuesday, shaking out some late leveraged buyers. The pullback didn’t last long, though, with prices quickly rebounding and clinching a new all-time high of $90,100 on Coinbase‘s BTC-USD pair towards the later hours of the U.S. session before giving back some of the gains. The CryptoX Bitcoin Index (XBX), which tracks pricing data from multiple exchanges, hit $89,971 as the price on Coinbase topped $90,000. Source CryptoX Portal
‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume. The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through a long-held price peak, according to Bloomberg Intelligence data cited by Bloomberg ETF analyst Eric Balchunas. “Lifetime records being set all over the place,” Balchunas said. He noted that BlackRock’s iShares Bitcoin Trust ETF (IBIT)…
Coinbase stock breaks $300 for first time since 2021
The crypto exchange is one of the big winners from the United States elections on Nov. 5. 4810 Total views 3 Total shares News COINTELEGRAPH IN YOUR SOCIAL FEED Shares of cryptocurrency exchange Coinbase Inc. (COIN) surged more than 20% on Nov. 11, pushing the stock past $300 for the first time since 2021. United States crypto stocks are seeing massive gains after Donald Trump’s victory in the presidential election, as many believe his win will benefit the industry, Cointelegraph Research said. “We see Coinbase as a beneficiary of the election results…
Coinbase Launches Wrapped Bitcoin Token on Top of Solana
Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC.” Coinbase partnered with […] Source BitcoincryptoexchangeExchanges CryptoX Portal