Coinbase
Coinbase to Add Over $500M in Crypto to Current Holdings
Coinbase CEO Brian Armstrong tweeted the crypto exchange will also invest 10% of its profits in cryptocurrency.
Coinbase Stockpiles $4.4B in Case of ‘Crypto Winter’
Crypto exchange Coinbase has allegedly amassed $4.4 billion to ensure it can continue growing despite potential business risks. Meanwhile, Peter Thiel’s software company Palantir Technologies has bought $50.7 million worth of gold bars to hedge against another “black swan event” or unpredictable events in the crypto industry.
Coinbase Names Mitsubishi UFJ as Banking Partner in Japan
Mitsubishi UFJ Financial Group will provide Coinbase's Japanese customers access to the exchange via its MUFG Quick Deposit product.
Coinbase Stockpiles $4.4B in Case of 'Crypto Winter': Report
The crypto exchange increased its reserves from $1.1 billion at the end of 2020.
Goldman, Citadel Securities, Even Tennessee's Treasury Among Coinbase COIN Whales
New SEC filings show which institutions are chasing the crypto economy's upside with multimillion-dollar bets on COIN.
Market Wrap: Bitcoin Rally Expected to Pause
Analysts expect traders to take a breather after the crypto's recent rally.
Chip Giant Intel Owns Coinbase Shares: Report
The Santa Clara, Calif.-based company appears to have purchased the shares in its Q2 ending June 26.
Changing Crypto Trading Patterns Reveal the Market’s Power Shift to the West
A recent blockchain analysis revealed that on Coinbase, Gemini and Kraken, exchanges that are more popular among users in the West, the average weekend bitcoin trading volume is growing relative to the average weekday volume, pointing to a dramatic shift in trading patterns this year from Asia to North America and Europe.
PNC Bank Planning Crypto Offering With Coinbase
PNC Bank, the fifth-largest commercial bank in the U.S. in assets, plans to work with crypto exchange Coinbase to offer crypto investment services to clients. This comes on the heels of Coinbase posting its higher-than-expected second-quarter earnings that sent prices of its COIN shares soaring.
Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates
Coinbase posted $1.9 billion in transaction revenue in the second quarter of 2021, surpassing analyst estimates for $1.57 billion in its second-ever earnings report as a public company. The crypto exchange also noted ether was traded more than bitcoin in Q2 for the first time. CoinDesk's Nate DiCamillo digs into the report and reveals about the outlook for Coinbase and the wider industry. Plus, his insights into the latest Consumer Price Index (CPI) numbers.
