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Coinbase Apologizes, Promises USDC To Return To Conservative Investment Backing
Monday, August 23, 2021 - 5:38pm | 377Read More...Coinbase Inc. (NASDAQ: COIN) apologized for falsely advertising USD Coin (CRYPTO: USDC) once again and promised that it will become fully backed by cash and Treasury bills issued by the U.S. Treasury. What Happened: According to a Twitter thread written by Coinbase...
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Coinbase Prepares For Crypto Winter With $4B War Chest Of Cash Reserves
Thursday, August 19, 2021 - 1:49pm | 420Read More...What Happened: Major U.S. crypto exchange Coinbase Global Inc (NASDAQ: COIN) has stockpiled $4 billion in cash in preparation for a period of extended business risks. “We want to ensure that we maintain those cash reserves so that we can continue to invest and continue to grow our products...
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Why Former NYSE Trader Bought Moderna, Sofi, Sonos and Coinbase Stock On Monday Morning
Monday, August 16, 2021 - 11:58am | 727Read More...Veteran trader David Green was back live trading on Benzinga Monday morning, and the long-time trader made some moves. Green pointed out a ‘far from moving average’ trade on Moderna Inc (NASDAQ: MRNA) morning. The stock opened down Monday morning, dropping more than 7% to nearly $...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Read More...Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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Benzinga's Bulls And Bears Of The Week: Apple, Coinbase, Starbucks, Virgin Galactic, Walmart And More
Saturday, August 14, 2021 - 9:58am | 1190Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week's bullish calls included top growth and reopening stocks. Automakers and a leading cryptocurrency play were among the bearish calls seen. The Dow Jones industrial average posted about a 1%...
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Ethereum Trading Volume On Coinbase Outpaces Bitcoin For The First Time In Q2
Wednesday, August 11, 2021 - 9:10am | 535Read More...What Happened: For the first time in the nine years since Coinbase Global Inc (NASDAQ: COIN) was launched, Ethereum’s (CRYPTO: ETH) trading volume outpaced Bitcoin’s (CRYPTO: BTC) on the crypto trading platform. In its Q2 earnings report, Coinbase reported that Ethereum...
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Coinbase's Head Of Capital Markets Resigns After Crypto Exchange Reportedly Shifts Focus
Tuesday, August 10, 2021 - 10:43am | 396Read More...Brett Redfearn, who headed capital markets at Coinbase Global Inc (NASDAQ: COIN), has resigned from his position at the crypto exchange. What Happened: According to a report from the Wall Street Journal, people familiar with the matter disclosed that his reasons for leaving Coinbase had to do...
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Coinbase CEO Brian Armstrong Says New Infrastructure Bill Will Force Crypto Exchanges To Surveil Customer Transactions
Friday, August 6, 2021 - 5:50pm | 547Read More...What Happened: Brian Armstrong, co-founder, and CEO of crypto exchange Coinbase Global Inc (NASDAQ: COIN), joined a list of crypto executives opposing the newly proposed infrastructure bill’s broad definition of crypto brokers. Calling it a “hastily conceived” provision related to...
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Coinbase Rolls Out Crypto Purchases Via Visa And Mastercard Debit Cards Linked To Apple Pay
Friday, August 6, 2021 - 9:51am | 403Read More...Crypto exchange Coinbase Global Inc (NASDAQ: COIN) has added more ways to make swift purchases of cryptocurrency on its platform. What Happened: In an announcement on Thursday, the exchange said it was introducing crypto buys with linked debit cards to Apple Inc (NASDAQ: AAPL) Pay ...
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Ethereum Outperformed Bitcoin And Every Benchmark Asset In The First Half Of 2021: Coinbase
Wednesday, July 28, 2021 - 1:38pm | 427Read More...What Happened: A new report from Coinbase Global Inc (NASDAQ: COIN) revealed that Ethereum (CRYPTO: ETH) outperformed all other benchmark assets, including Bitcoin (CRYPTO: BTC) during the first half of 2021. “The second most valuable crypto asset appreciated 895% over the 12-month period and...
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Gemini, Coinbase And Kraken Embrace Regulation To Challenge Binance's Dominance As Leading Crypto Exchange
Tuesday, July 13, 2021 - 7:23am | 411Read More...What Happened: Gemini, the crypto exchange led by Cameron and Tyler Winklevoss, anticipates it will surpass Binance to become the largest crypto exchange by volume. This is despite the fact that Binance’s daily spot trading volume currently exceeds Gemini’s by over 100 times,...
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Fintech Focus For July 8, 2021
Wednesday, July 7, 2021 - 8:49pm | 2069Read More...Quote To Start The Day: “Whoever is happy will make others happy too.” Source: Anne Frank One Big Thing In Fintech: Here’s the theory: Instead of linking carbon and biodiversity credits to the sale of raw materials such as forests, which cause CO2, what if you linked them to...
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Ethereum 2.0 Could Launch A $40B Staking Industry By 2025, Says JPMorgan
Friday, July 2, 2021 - 6:10am | 324Read More...What Happened: Two senior analysts at JPMorgan Chase estimate that the launch of Ethereum (CRYPTO: ETH) 2.0 could create a staking industry worth $40 billion by 2025. According to a report seen by Forbes, the Ethereum blockchain’s transition to a more energy-efficient Proof-of-Stake (PoS...
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Coinbase Plans To List Every Legal Crypto Asset, CEO Says
Tuesday, June 29, 2021 - 12:11pm | 473Read More...What Happened: Brian Armstrong, CEO of crypto exchange Coinbase Global Inc (NASDAQ: COIN), said that the exchange would list every crypto asset where it is legal to do so. 2/ Outside of our listing standards (for safety/legality), we don't offer an opinion on the value of each asset. We are...
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Fintech Focus For June 29, 2021
Monday, June 28, 2021 - 5:51pm | 1864Read More...Quote To Start The Day: “Don't be afraid to give up the good to go for the great.” Source: John D. Rockefeller One Big Thing In Fintech: Randal Quarles, the Federal Reserve’s vice chair for supervision, is out with a new speech on digital money and the main gist is that he...












