Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its listing standards. According to CoinMarketCap, the MOVE token declined by 13.6% in the last 24 hours. Coinbase announced: “Trading for MOVE will be suspended on Coinbase, Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime. We have moved our MOVE order books to limit-only mode. Limit orders can be placed and canceled, and…
Tag: Coinbase
Coinbase Sees Major Bitcoin Withdrawals as Binance Derivatives Activity Rebounds
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
US Could Buy $100 Billion In Bitcoin This Year: Coinbase Exec
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase…
Coinbase Expands $1M Bitcoin-Backed Loans Nationwide—Global Launch Next
Coinbase is revolutionizing crypto lending with a nationwide rollout of bitcoin-backed loans up to $1 million, unlocking instant liquidity without triggering taxable events. Borrow up to $1M Without Selling—Coinbase Expands Bitcoin-Backed Loans Nationwide Crypto exchange Coinbase (Nasdaq: COIN) announced on social media platform X on April 30 that its bitcoin-backed loan service is now fully […] Original
Coinbase files brief with US Supreme Court in support of taxpayers’ privacy
US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform. In an April 30 filing in the Supreme Court of the United States (SCOTUS), lawyers for Coinbase argued that a First Circuit Court of Appeals decision set a “dangerous precedent” for crypto users, potentially allowing the government to “trace users’ every crypto transaction in the past and monitor every crypto transaction in the future.” The…
Coinbase will launch a Bitcoin yield fund for institutional investors
Coinbase Asset Management is preparing to launch the Coinbase Bitcoin Yield Fund on May 1, offering non-U.S. institutional investors a new way to earn yield on their Bitcoin holdings. As originally reported by Bloomberg, Coinbase Asset Management will launch a new investment product designed to generate yield on Bitcoin (BTC) holdings. The Coinbase Bitcoin Yield Fund will open on May 1, exclusively targeting non-U.S. institutional investors. The strategy behind the fund is based on the practice called “basis trading”, which involves exploiting the price difference between BTC spot price and…
Coinbase launches Bitcoin Yield Fund for institutions
Coinbase Asset Management is launching a new Bitcoin investment product targeting institutional investors. According to the company’s Apr. 28 official announcement, the Coinbase Bitcoin Yield Fund is designed to offer long-term exposure to Bitcoin (BTC) while providing a 4–8% net annual returns in BTC. The fund uses a conservative strategy focused on lowering both investment and operational risks, two major concerns for institutions entering the crypto space. Unlike traditional assets or staked tokens like Ethereum (ETH) or Solana (SOL), Bitcoin does not naturally generate yield. Most Bitcoin yield products require…
Coinbase Launches Bitcoin Yield Fund Targeting 8% With Minimal Risk
Coinbase unleashes a game-changing Bitcoin Yield Fund, offering powerful returns with minimized risk, revolutionizing institutional crypto investing and setting a new gold standard for secure yield. Coinbase Launches Bitcoin Yield Fund, Avoiding High-Risk Loans and Call Selling Crypto exchange Coinbase (Nasdaq: COIN) announced on April 28 the launch of the Coinbase Bitcoin Yield Fund (CBYF), […] Original
Coinbase Planning to Introduce a Bitcoin Yield Fund for Institutional
Key Notes Coinbase will launch a Bitcoin Yield Fund for institutional investors outside the US on May 1. The fund will offer an annual net return of 4% to 8%. Assets will remain in cold storage with third-party custody integrations to minimize risk. Coinbase, one of the largest crypto exchanges, is preparing to launch a Bitcoin Yield Fund on May 1, offering institutional investors outside the United States exposure to BTC. According to Coinbase, the Bitcoin Yield Fund is expected to deliver an annual net return of 4% to 8%…
Coinbase to launch yield-bearing Bitcoin fund for institutions
Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address the growing institutional demand for bitcoin yield, Coinbase Asset Management is excited to introduce the Coinbase Bitcoin Yield Fund (CBYF),” the company wrote. The fund is backed by multiple investors, including Aspen Digital, a digital…