Tag: Coinbase

Coinbase’s stock soared over 18% following the crypto exchange signing a deal with BlackRock, the world’s biggest asset manager cumulatively manages about $20 trillion. Meantime, Meta announced that it integrated Coinbase’s crypto wallet into the Instagram platform. According to an announcement published Thursday, the US-based exchange had partnered with BlackRock to provide its clients with…

Coinbase is on the verge of losing its dominance in the crypto market. Uniswap, one of the biggest decentralized exchanges, is almost surpassing Coinbase’s trading volume, as the recent data shows. Meanwhile, Binance has overtaken Coinbase in Bitcoin balances. According to a report by Kaiko, the market share of trading volumes for Uniswap against Coinbase…

Coinbase NFT, the crypto exchange’s newly launched NFT marketplace, has a problem with attracting users. The once-anticipated platform still has fewer than 1,300 total users, according to Dune Analytics. On its first day, the marketplace, which opened its beta up to the public yesterday, saw fewer than 150 new users make a trade on the…

Major crypto exchange Coinbase has taken out a loan from Goldman Sachs using its Bitcoin assets as collateral to strengthen ties between crypto and traditional banking. The amount of the historic transaction has not been disclosed, but the collateral for it was based on a portion of Coinbase’s Bitcoin Holdings. As of 2021, Coinbase owns…

Crypto trading platform Coinbase continues to have a “bull thesis” even amid a crypto market sell-off, Owen Lau, Oppenheimer executive director and senior analyst, says. He believes “this is a great entry point for investors.” “The bull thesis is the long-term crypto adoption,” Lau said on Yahoo Finance Live. “That’s number one thing the market…

Coinbase Ventures, the investment arm of crypto exchange Coinbase, recapped what it did in Q1 and what it sees happening in crypto over the rest of the year. One of the most active venture capital firms in the crypto market made 71 investments over the first three months of the year, with a record $12.5…