Coinbase recieves $2.1B worth of Seized Bitcoin from the US Government

Key Highlights: The US government recently initiated a significant transfer, moving 30,174 Bitcoin valued at $2.1 billion, seized from Silk Road, to Coinbase. This transfer, observed on Tuesday morning, marks a crucial step in the handling of digital assets seized…

Brian Armstrong Highlights Need for Infrastructure Improvements at Coinbase Following Disruptions

In a recent statement, the CEO of Coinbase, a leading cryptocurrency exchange, highlighted the critical need for upgrading the exchange’s infrastructure following a series of disruptive outages. This revelation comes as a wake-up call to the industry, shedding light on…

Bitcoin ETF Surge Raises Concerns for Coinbase Future, warns Chris Grisanti of MAI Capital – Is it Time to Stay Away?

The recent surge in Bitcoin ETFs has brought forth a wave of concerns, particularly for major players like Coinbase. Chris Grisanti, Chief Equity Strategy at MAI Capital Management, shares insights into the challenges and opportunities facing Coinbase despite this shift.…

Coinbase Poised for $103M Q4 Profit, Defying $16M Loss Forecasts

Coinbase Global Inc., Cryptocurrency exchange in the United States, is poised to deliver a surprising twist to Wall Street by achieving profitability for the first time in two years. With Bitcoin’s recent resurgence and strategic cost-cutting measures implemented during the…

Crypto Deposit Woes: How Chase Bank’s Blockade Stifles Bitcoin Investment Opportunities

Recently, a tweet by @ki_young_ju on X (formally Twitter) sheds light on the challenges faced by cryptocurrency investors attempting to invest in Bitcoin. Particularly through platforms like Coinbase.  So, the restrictive measures imposed by Chase Bank have triggered concerns about…

Coinbase Expands in Brazil to build a Trusted Crypto Ecosystem in Latin America

Cryptocurrencies have emerged as a powerful tool that grants individuals and institutions the ability to participate fairly in the global economy. Among the platforms enabling this transformation, Coinbase stands at the forefront. With a steadfast commitment to increasing economic freedom…

52 Million Americans Own Crypto: How Will Crypto Funding Sources Matter For 2024 Election

The landscape of political funding is witnessing a seismic shift as the crypto industry’s war chest grows exponentially, with an astounding $85 million raised to date for the 2024 elections. Crypto firms, executives, and investors are rallying behind this cause,…

Coinbase, along with CEO Brian Armstrong, establishes a substantial support fund for pro-crypto politicians

In the rapidly evolving landscape of digital assets, Brian Armstrong, the CEO of Coinbase Global Inc. His rise to prominence is a testament to both his strategic prowess and the current state of the political sphere, which holds great implications…

Coinbase’s Strategic Expansion: George Osborne Joins Advisory Council to Tackle Regulatory Challenges

Coinbase Global Inc., a renowned name in the cryptocurrency exchange sector, has made a strategic move in its global expansion and regulatory navigation efforts. The company recently announced the appointment of George Osborne, the former UK Chancellor, to its advisory…

Crypto Regulation: Coinbase Policy Chief Foresees US Catching Up

In a significant development on the crypto front, the SEC recently approved a series of spot Bitcoin ETFs, with Coinbase serving as the custodian for many of these ETFs. Farar Shirzad, the Chief Policy Officer at Coinbase, shared insights on…