Coinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking.
Data from CryptoQuant has revealed how institutional investors have been the drivers behind the latest Bitcoin surge above $100,000. Bitcoin Coinbase Premium Index Has Been Positive Recently In a new post on X, the on-chain analytics firm CryptoQuant has discussed the latest trend in the Bitcoin Coinbase Premium Index. The “Coinbase Premium Index” refers to […]
The Coinbase-led Travel Rule Universal Solution Technology (TRUST) has unveiled TRUSThub, a platform designed to streamline data sharing among Virtual Asset Service Providers (VASPs), according to a Dec. 5 statement shared with CryptoSlate. TRUSThub aims to enhance compliance capabilities and enable secure Travel Rule data exchange, even with non-members or unregulated entities. TRUST members can […]
The post Coinbase-led TRUSThub set to enhance digital asset transparency appeared first on CryptoSlate.
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
US crypto exchanges like Binance.US and Coinbase are making big moves into memecoins.
Coinbase, the largest US-based exchange, has faced criticism from the crypto community after reports surfaced about its restriction of users accessing accounts through Virtual Private Networks (VPNs). On Dec. 2, Scott Shapiro, a product designer at Coinbase, warned users to avoid using VPNs when accessing their accounts. He explained that Coinbase’s risk model treats VPN […]
The post Coinbase faces backlash over discouraging VPN access due to security concerns appeared first on CryptoSlate.
With a second Donald Trump administration and friendlier crypto regulations on the horizon, many crypto investors and personalities have drawn their lines. Brian Armstrong, Coinbase CEO, said it’s time to work only with companies and personalities with the same commitment to crypto and the blockchain. Related Reading: Bitcoin And Ether ETFs Set Record $7.6 Billion […]
The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing.
A Southeast Asian country continues its rigorous policy against cryptocurrency platforms as it hampered access to digital asset exchanges. Regulatory officials in Cambodia imposed an iron hand against cryptocurrency players by blocking access to 16 crypto exchanges which include some of the popular firms such as Coinbase and Binance. Related Reading: Cryptocurrency Tax Postponed! South […]
Just seven weeks before Donald Trump takes office, the crypto industry’s expectations of a friendlier administration and better regulations in the next four years continue to rise. Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, suggested that after January 20, 2025, legislation related to the digital assets sector will quickly pass through the new US Congress. […]
“There is no price where it makes sense for the US to sell any Bitcoin it has under its control,” said Space Force Major Jason Lowery.
The integration requires no action from app developers and is currently live for all users.
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved.
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.
The Solana blockchain community has voiced concerns about Coinbase, citing prolonged transaction delays for the network. On social media platform X, screenshots shared by several Solana users revealed that transactions on the blockchain took up to 45 minutes to process. This delay was significantly longer than that of networks like Base, Algorand, Arbitrum, and Avalanche. […]
The post Coinbase resolves Solana transaction delays, admits internal missteps appeared first on CryptoSlate.
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.
Coinbase CEO Brian Armstrong has revealed ongoing efforts to obtain documentation through the Freedom of Information Act (FOIA) to uncover US banks’ full scope of crypto-related account closures. In a Nov. 27 post on X, Armstrong “confirmed” that several banks have cut ties with crypto stakeholders solely due to their involvement in the industry. He […]
The post Crypto debanking wave tied to political figures, Coinbase CEO Brian Armstrong alleges appeared first on CryptoSlate.
Fairshake will have a whopping $103 million to spend on the next U.S. congressional election — so far — thanks to another $25 million just promised from Ripple Labs.This latest contribution puts the political action committee in a powerful position to repeat its successes from this year's elections, in which dozens of its favored pro-crypto candidates won their races.
Bitcoin has observed a plunge under the $93,000 level during the past day. Here’s what the trend in an indicator suggests about what could be behind this downturn. Bitcoin Coinbase Premium Gap Has Gone Cold As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Coinbase Premium Gap has returned to neutral levels recently. The “Coinbase Premium Gap” here refers to an indicator that keeps track of the difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair). This metric essentially tells us about how the buying or selling behaviours differ between the user bases of the two cryptocurrency exchanges. Coinbase’s main traffic is made up of American investors, especially large institutional entities, while Binance serves investors around the world. When the Coinbase Premium Gap has a positive value, it means the US-based whales are participating in a higher amount of buying or a lower amount of selling than the Binance users, which is why the asset is more expensive on Coinbase. Similarly, it being negative implies a net higher buying pressure on Binance. Related Reading: Chainlink May Reach New ATH If This Barrier Breaks, Analyst Says Now, here is a chart that shows the trend in the Bitcoin Coinbase Premium Gap over the past couple of days: As displayed in the above graph, the Bitcoin Coinbase Premium Gap had been at notable positive levels earlier, but during the past day, its value has declined to the neutral zero mark. According to Maartunn, the source of the positive premium was Microstrategy’s latest buying spree. Indeed, the cooldown in the indicator matches up with the timing of the completion of the $5.4 billion purchase by Michael Saylor’s firm. The significant accumulation from the company had helped the cryptocurrency maintain its recent highs, but with the buying pressure depleted, Bitcoin has retraced to price levels under $93,000. BTC and the Coinbase Premium Gap have held a close relationship throughout 2024, so the metric could be to keep an eye on in the near future, as where it goes next may once again foreshadow the asset’s next destination. Naturally, a decline into the negative region could spell further bearish action for its price. In some other news, the Bitcoin Active Addresses indicator has observed a sharp jump recently, as Maartunn has shared in another X post. This metric keeps track of the daily number of addresses that are participating in some kind of transaction activity on the network. Related Reading: Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue Below is the chart shared by the CryptoQuant analyst for the 14-day simple moving average (SMA) of the Active Addresses: With this latest surge, the 14-day SMA of the Bitcoin Active Addresses has reached its highest point in eleven months. This suggests that a lot of activity has recently occurred on the network. Given that the asset has gone down in the past day, though, the most recent user interest has certainly not come for buying. BTC Price At the time of writing, Bitcoin is floating around $92,400, down almost 6% over the last 24 hours. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
On-chain data shows a Dogecoin whale has just transferred a large amount of DOGE to Coinbase, something that could be bearish for the price. Dogecoin Whale Has Made A Large Exchange Inflow Today According to data from the cryptocurrency transaction tracker service Whale Alert, a couple of large transactions have occurred on the DOGE network […]
Cryptocurrency exchange Coinbase has revealed that it has struck a sponsorship agreement with a basketball team starting this National Basketball Association (NBA) season. Related Reading: Coinbase CEO Brian Armstrong Finds Ally In Cardano’s Hoskinson For Crypto Czar Bid The deal only shows that the intricate worlds of cryptocurrency and professional sports are becoming more intertwined […]
When it comes to formulating policies and regulations for the cryptocurrency space, there is no better choice than appointing someone who has a great understanding of the ins and outs of digital assets. This is the conviction of Cardano founder Charles Hoskinson as he nominated Coinbase executive, Brian Armstrong, to be the “Crypto Czar” of […]
Phantom, a crypto wallet with a steeper learning curve, is way ahead of exchange giant Coinbase in the Apple App Store rankings.
Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.
Data shows the Bitcoin Coinbase Premium Gap has plunged into the negative territory following BTC’s latest high above $98,000. Bitcoin Coinbase Premium Gap Has Just Observed A Plummet As explained by CryptoQuant community analyst Maartunn in a new Quicktake post, the recent positive Coinbase Premium Gap has just disappeared. The “Coinbase Premium Gap” here refers […]
Coinbase contends the delisting was based on a standard review of wBTC’s suitability to trade on the exchange.
President-elect Donald Trump’s transition team is reportedly considering the creation of a dedicated White House position to oversee crypto policy, and Cardano founder Charles Hoskinson has presented whom he thinks is the perfect pick for this role. According to sources familiar with the discussions, candidates are being vetted for what would be the first crypto-specific […]
Cardano founder Charles Hoskinson has suggested Coinbase CEO Brian Armstrong as a top candidate for the proposed crypto policy role in Donald Trump’s second administration. In a Nov. 20 post on X, Hoskinson outlined key qualifications for a “Crypto-Czar,” emphasizing neutrality, collaboration across protocols, and a firm grasp of crypto’s unique value. He also criticized […]
The post Cardano’s Charles Hoskinson nominates Coinbase’s Brian Armstrong for Donald Trump’s crypto czar appeared first on CryptoSlate.
“We’re hitting CEOs, CFOs, software engineers,” the brazen scammer told Casa CEO Nick Neuman: “We don’t call poor people.”
Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC