Coinbase’s earnings miss is ‘inconsequential’ considering crypto player’s $2.9B Derbit deal

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase Global missed first quarter estimates on its top and bottom lines amid headlines that it will be acquiring crypto derivatives exchange Deribit in a deal valued at $2.9 billion. Benchmark Company managing director and senior research analyst Mark Palmer weighs in on whether Coinbase’s lackluster performance is actually “inconsequential” in comparison to the Deribit deal. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here: #yahoofinance #stocks #earnings #crypto #bitcoin #coinbase #stockmarket…

In volatile markets, RWAs like gold are a lifeline

Opinion by: Kevin Rusher, founder of RAAC It’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors have dumped risk assets and scrambled for safe havens. Gold is leading the charge. While gold is safe, it is not very hard-working. Unlike cash and treasuries, the yellow metal does not generate income. Now, more than ever, investors need to be able to earn yield on gold — particularly in the decentralized finance…

How the imageboard moves crypto markets

After 4chan was hacked on April 14 and vast troves of user and moderator data were leaked online, the controversial website quickly went down, and many believed it would never recover. However, less than two weeks later, the imageboard was back online, defiant as ever. “4chan is back,” an official blog post proclaimed. “No other website can replace it, or this community. No matter how hard it is, we are not giving up.” The imageboard has left its mark on the world in many consequential ways, birthing countless memes and…

Crypto Markets Face Make-Or-Break Week: Here’s What’s At Stake

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. The first full crypto trading week of May compresses five heavy-hitting catalysts into four days, each poised to sway liquidity, sentiment and valuations across the digital-asset spectrum. #1 Bitcoin…

Bitcoin Eyes $98K as Strong Jobs Report Buoys Markets

The U.S. economy added a higher-than-expected 177,000 jobs in April, sparking a rally in traditional markets as bitcoin climbed closer to $98K. Strong Employment Figures Push Bitcoin Toward $98K Threshold The U.S. Department of Labor surprised bearish economists when it published its highly anticipated jobs report on Friday, showing a stronger-than-expected 177,000 jobs added to […] Original

KuCoin to reenter South Korea after securing key markets: CEO

Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country.  On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Korea’s Financial Services Commission (FSC) ordered the Apple Store to block unregistered crypto exchanges.  KuCoin was among those affected by the country’s crackdown on unregistered platforms that were previously available. While the platform is now unavailable to South Koreans, it has…

Bitcoin Breaks $97K as Markets Defy Weak Employment Data

Jobless claims surged at the end of April according to fresh data from the Department of Labor, but both traditional and crypto markets still rallied Thursday morning. Markets Rally: Bitcoin Hits $97K Even as Jobs Data Disappoints The number of unemployed Americans filing for jobless benefits swelled to a seasonally adjusted 241,000 for the week […] Original