Coinbase is making a significant comeback in Hawaii. After a seven-year hiatus, the company has announced its return to the Aloha State, offering its full suite of cryptocurrency services to the 1.4 million residents. This move marks a new chapter…
Coinbase Shares Rise After Court Favors Ripple Over SEC
Coinbase Inc., has experienced a significant surge in its stock price following a pivotal federal court ruling. The decision, which ordered Ripple Labs Inc. to pay a substantially reduced penalty compared to what the US Securities and Exchange Commission (SEC)…
Coinbase Aims to End Six-Day Slide Amid Market Recovery
Coinbase has recently experienced significant fluctuations in its stock price. Following a six-day losing streak, the stock is poised for a rebound as market averages recover from a global sell-off. In this article, we will explore the recent performance of…
Ark Invest Purchases $29 Million Shares of Robinhood and Coinbase After a $1.2 Trillion Liquidation
On Monday, the crypto market recorded massive liquidations reaching more than $1.2 trillion within a day. In this article, we will explore how Ark Invest purchased crypto stocks despite the massive liquidations and its significance. $1.2 Trillion Crypto Liquidations Image…
Coinbase Reports Profit with Revenue Doubling in Q2
Coinbase Global Inc., the leading US cryptocurrency exchange, has showcased remarkable financial performance in the second quarter of the year, driven by the ongoing recovery in the cryptocurrency market. This article delves into the financial details, revenue streams, and strategic…
Coinbase faces challenges and opportunities in Q2 results
Coinbase Global Inc. is navigating a challenging landscape as it prepares to release its second-quarter results. Despite expectations for significant revenue growth and a jump in profit, the largest US cryptocurrency exchange faces hurdles due to a drop in market…
Coinbase Unit Fined £3.5 Million for Compliance Failures by FCA
A unit of Coinbase Global Inc., CB Payments Limited, was fined £3.5 million ($4.5 million) by the UK’s Financial Conduct Authority (FCA) for offering cryptoasset trading services to high-risk customers. This marks the first action of its kind from the…
Coinbase Selected by US Marshals Service for Digital Asset Management
After an exhaustive evaluation process, the U.S. Marshals Service (USMS), a pivotal division within the U.S. Department of Justice, has chosen Coinbase Prime as its exclusive partner for managing and trading “Class 1” (large cap) digital assets. This partnership underscores…
Coinbase Aims to Make Your Phone Your Bank: CEO Brian Armstrong’s Vision for Crypto Future
Coinbase CEO Brian Armstrong revealed at the recent State of Crypto Summit that it plans to turn your phone into a bank. Speaking in an interview with CNBC, Armstrong shared insights on the demand for crypto and Coinbase’s plans to…
Coinbase Sees Shifts in Digital Assets Amid Market Growth
Coinbase Global Inc. has witnessed significant shifts in the digital asset landscape over the past few years. As the largest US cryptocurrency exchange, its journey from the volatility of the 2021 bull run to the more mature and stable market…