Tag: Coinbase

CZ Retweets Claims Coinbase Behind Bloomberg’s Trump Stablecoin Report

boss

Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance. In a Sunday post on X, crypto commentator Matt Wallace claimed Coinbase executives feared a potential pardon for Zhao and Binance’s return to the US market would threaten their market share, prompting efforts to undermine competitors. “Binance is the world’s #1 crypto exchange,” Wallace wrote, warning that Binance’s return with full legal status could severely damage Coinbase’s business. “What…

Czech National Bank Increases Palantir Stake, Adds Coinbase Shares

boss

The Czech National Bank adjusted its US investment portfolio in the second quarter by increasing its stake in Palantir Technologies and initiating a new position in cryptocurrency exchange Coinbase Global. These moves were disclosed in a Form 13F filing, which is a quarterly report filed by investment managers to the Securities and Exchange Commission that discloses their US equity holdings. The filing shows the bank has added 51,732 Coinbase shares, worth over $18 million. The Czech National Bank also added 49,135 Palantir shares in the second quarter of the year,…

Coinbase Snags Opyn Leadership in Lift-Out Acquisition

Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team […] Source CryptoX Portal

Retail Rally Incoming?🚀Crypto Market Update

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin and the broader crypto market rebounded on Tuesday after President Donald Trump announced a pause in the escalating conflict between Iran and Israel, and despite his follow up warnings to both countries. ~This episode is sponsored by Tangem~ Tangem ➜ Use Code: “PBN” for Additional Discounts! 00:00 Intro 00:18 Sponsor: Tangem 00:50 Ceasefire 02:00 Trump not happy with Israel 03:48 China olive branch 04:26 Vlad: How is retail responding + crypto bill framework 06:36 Robinhood big news soon 07:00 Powell: Banks…

Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

boss

Two decentralized finance (DeFi) altcoins have abruptly gained support from the top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says it’s adding Sky (SKY), formerly known as MakerDAO, as well as its associated stablecoin USDS (USDS), to its suite of digital asset products. “Sky (SKY) and USDS (USDS) are now live on Coinbase.com and in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the additions had little impact on the tokens, as…

Ark Invest Sells Coinbase, Robinhood Shares Amid Strategy Shift

Key Notes Ark Invest offloaded Coinbase shares from its ARK Innovation ETF (ARKK), alongside those of Robinhood and Block Inc. Shares on Coinbase and Robinhood saw more than 4% increase each in market value despite the selloff concern. The portfolio rebalancing comes as Bitcoin and altcoins are facing massive price breakouts. Cathie Wood’s Ark Invest has rebalanced its financial portfolio by offloading shares from some top crypto-linked financial organizations, including Coinbase, Block Inc., and Robinhood. This move coincides with the recent price rally in the crypto market. It is worth…

Coinbase Adds ClearLoop for Off-Exchange Settlement

boss

Coinbase International Exchange has integrated with Copper’s ClearLoop network to offer institutional clients access to off-exchange settlement amid “high” demand for more efficient and secure trading infrastructure. The collaboration, announced Thursday, allows institutions to manage collateral and settle trades in near real-time without moving funds onto the exchange, according to a press release shared with Cointelegraph. The move aims to reduce counterparty risk and boost capital efficiency, two major concerns for institutional crypto participants operating at scale. Ethena, a stablecoin protocol known for its role in hedging USDe, has been…

Stablecoin stocks: Why it may be more than Circle and Coinbase that benefit from the GENIUS Act

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The GENIUS Act establishes a framework for stablecoins. Ever since the Senate passed the legislation last week, stocks like Circle (CRCL) and Coinbase (COIN) have surged. But as Yahoo Finance Anchor Julie Hyman explains, more companies want to get in on the stablecoin action. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here: #youtube #stocks #stablecoin #crypto About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources,…

KULR Secures $20M Coinbase Credit Line for Bitcoin Buys

boss

KULR Technology Group secured a $20 million credit facility from Coinbase Credit to fund bitcoin purchases. KULR to Fund Bitcoin Purchases With $20M Coinbase Loan According to the announcement published on Tuesday, KULR Technology Group Inc. obtained a $20 million credit facility from Coinbase Credit Inc., a subsidiary of Coinbase Global Inc. The agreement, announced […] Original

KULR secures $20m credit facility from Coinbase to buy more Bitcoin

boss

KULR Technology Group, a Bitcoin-first company listed on the NYSE American, has announced a $20 million credit facility with a subsidiary of the cryptocurrency exchange Coinbase, funds the company plans to use to acquire more Bitcoin. KULR, which has added to its Bitcoin (BTC) holdings since announcing plans to establish a BTC treasury strategy, said in a press release on July 8 that the $20 million credit facility is from Coinbase Credit and will be a multi-draw facility. The company intends to use the facility to purchase additional Bitcoin once…