The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by "wallet as a service."
Multiple users of Coinbase's U.S. platform said on Wednesday that their account balances were wiped out.
The share of weekend Bitcoin trading volume has been in decline since 2018 but has dropped considerably since the U.S. launch of spot Bitcoin ETFs in early January.
AERO, the native token of liquidity protocol Aerodrome Finance, jumped by 77% on Tuesday after it was selected by the Base Ecosystem Fund, which is led by CB Ventures.
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
Coinbase's quarterly earnings report released last week indicated the company is well-positioned to tap into a number of growing revenue streams.
A few users on X believe the movement of funds indicates a supply shock prior to the halving, while others pointed out that whales are just moving funds to OTC desks or other custodians.
Coinbase Commerce will discontinue support for Bitcoin and similar UTXO coins. To use Bitcoin for payments, shoppers will need a Coinbase account.
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S.
ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes.
Coinbase shares have surged ahead of its fourth-quarter earnings call on Thursday, with analysts tipping likely strong trading volumes in the quarter.
Tiger sold 38,850 shares during the fourth quarter.
The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.
The collaboration will allow users to receive their purchased crypto directly to their Ledger devices.
Ether strength is one of the three current key themes in the crypto industry alongside DeFi growth and selling pressure on Bitcoin miners, Coinbase analysts say.
January saw higher spot trading volume on centralized exchanges amid the approval of spot bitcoin ETFs in the U.S.
The spot Bitcoin ETF issuer said it will still use Coinbase’s custodian services as part of a move to diversify custodians.
The investment bank had previously categorized Coinbase stock as a “neutral” rating but maintained its price target of $80 by December 2024.
Senator Elizabeth Warren used the GAO report to paint crypto in a bad light, while the report’s content offers a contrasting view.
Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator's legal teams faced the exchanges in court as the companies argued the SEC did not make the case that those cryptos are securities.
District Judge Katherine Polk Failla heard arguments from attorneys for the SEC and Coinbase for five hours on Jan. 17. Cointelegraph has a rundown of the hottest topics.
A majority of bitcoin ETF issuers have chosen Coinbase as a custodian, which is a concentration of risk. Even if that is the safest option, new cybersecurity standards are needed for making crypto custody truly safe.
ARK Invest sold off 133,823 shares of Coinbase across three ETFs in its portfolio, accounting for roughly $20.6 million in value as of Jan. 8.
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.
MicroStrategy and Coinbase marked 6% and 9% gains respectively, before the bell in New York
U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.
In addition, users are capped at a notional value of $90,000 for all 10x contracts.
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN.
Currently, the Base network achieves a daily transaction speed (TPS) of 3.45, with over 6.97 million transactions completed in the last 30 days.