Coinbase
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
Cryptocurrency exchange Coinbase Global (COIN) will report first quarter earnings on Tuesday, possibly seeing some soft spots as crypto prices continue to retreat. “The Hash” panel discusses Coinbase’s recent NFT marketplace debut and the correlation between publicly traded Web 3 companies and the cryptocurrency markets.
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
Coinbase NFT Marketplace Opens to Public, but Who’s There?
Cryptocurrency exchange Coinbase launched this non-fungible token (NFT) marketplace, but only a few users seem to be active on the platform. “The Hash” group discusses the timing of this launch, broader trends on decreasing volumes across NFT marketplaces, and the dominance of OpenSea and Magic Eden in the NFT space.
Fidelity Will Offer Bitcoin Inclusion in its 401(k) Accounts
U.S.-based financial services firm Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year, bringing crypto exposure to traditional investors. “The Hash” group discusses the impact this could have on crypto-native firms like NYDIG and Coinbase, bitcoin’s use case as an inflation hedge and best practices for investing in crypto.
Coinbase and Crypto Mining Stocks Slide With the Rest of the Market
Crypto-related stocks seem to be taking a harder hit than the rest of the market, as Coinbase’s COIN stock has fallen nearly 55% since its IPO. Plus, a conversation about crypto mining stocks like Riot Blockchain as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”
Coinbase Reportedly in Talks to Acquire Turkish BtcTurk Exchange for $3.2B
Coinbase is reportedly in talks to acquire the Turkish BtcTurk exchange for $3.2 billion as part of its ongoing efforts to expand internationally. “The Hash” group discusses the role of cryptocurrency in Turkey as the national lira’s value declines, and Coinbase’s involvement with Monero.
Coinbase Launches Beta NFT Marketplace
Crypto exchange Coinbase has launched the beta version of its NFT marketplace. “The Hash” group discusses the platform’s expansion into other areas of crypto besides trading, the growth of the NFT space, and Coinbase’s plans for progressive decentralization.