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Tag: Coinbase

Coinbase is a digital currency wallet and platform where merchants and consumers can transact with the new digital currencies like Bitcoin, Ethereum, and Litecoin, amongst others.

Before Ethereum merges, Coinbase develops its staking strategy

The largest cryptocurrency exchange in the US, Coinbase, has announced that it will be focusing more of its attention on staking. Staking means keeping a cryptocurrency, like bitcoin or ether, so you can verify transactions on the network and earn interest.  Because of the ongoing “crypto winter” and fewer retail and institutional investors trading digital assets, Coinbase’s trade volume dropped from $462 billion in the same...

Coinbase, Cryptocurrencies, Ethereum, Exchanges, Front page, Main, News, Staking

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Crypto Contagion: Bank of America downgrades Coinbase to Neutral, COIN down 7%

Bank of America (BofA) has downgraded the shares of Coinbase, a cryptocurrency exchange platform, after the collapse of the FTX cryptocurrency exchange, while warning of contagion risks in the volatile industry. Coinbase told its customers that the company is not exposed to FTX. However, Sam Bankman-failure Fried’s exchange’s continues to impact the whole market. According to Yahoo! Finance, Jason Kupferberg, senior equities...

Coinbase, Crypto regulation, Cryptocurrencies, Front page, FTX, Main, News

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Coinbase and Solana suffer ‘outages’

Sunday morning, Coinbase users with U.S. bank accounts couldn’t transact. The company’s status webpage says it can’t accept US bank payments or withdrawals. Our staff is aware of the problem and working to fix it. The business is preparing a patch for “ACH withdrawals, deposits, and purchase failures.” ACH transfers payments electronically between bank accounts in the U.S. We're currently experiencing...

$SOL, Coinbase, Cryptocurrencies, Front page, News

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Ethereum after The Merge: 50% crash ahead?

The whole market saw ETH push to a recent high… before plunging into its worst week of the year. This was termed one of the largest occurrences in market history. The Merge came with the might of a hundred suns, but it quickly petered out. In anticipation of this momentous occasion, ETH prices surged by about 130% from their June lows to their current August highs. However, the enthusiasm surrounding ETH has quickly dissipated, with the...

Bitcoin, Coinbase, Cryptocurrencies, Ethereum, Front page, Lido

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David Rubenstein: Crypto constituency is strong in Congress

David Rubenstein, a billionaire and co-founder of the Carlyle Group, is one of the very rich people who have come out in support of digital currencies. He has publicly proclaimed his support for cryptocurrency in an interview with CNBC. The wealthy investor said, among other things, that “the greatest riches are amassed by those who disregard common thinking.“ He also expressed optimism over bitcoin regulation, stating his belief...

Coinbase, Crypto adoption, Cryptocurrencies, David Rubenstein, People in crypto

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