Cryptocurrency exchange Coinbase is acquiring a minority stake in Circle Internet Financial, dissolving their partnership and bringing the stablecoin USD Coin fully in-house, while also adding native support for USDC on six additional blockchains, bringing the total to 15.
Ethereum cofounder Vitalik Buterin sends $1 million worth of Ether to Coinbase, sparking speculation about his intentions and potential impact on the cryptocurrency's value.
Coinbase's new Base blockchain, which operates as a layer-2 network atop Ethereum, has gained significant traction with its application Friend.tech attracting over 100,000 users and generating $25 million in fees, pushing its total value locked past $200 million and its transactions per second above Ethereum and rival layer-2 projects Arbitrum and Optimism.
Uniswap, the leading decentralized exchange, has surpassed Coinbase in spot trading volume in 2023, processing around $110B worth of trades in Q2 compared to Coinbase's $90B, showcasing the resilience of decentralized protocols during the crypto bear market.
The 1inch Investment Fund's crypto wallet has purchased $10 million worth of Ether (ETH) after cashing out on previous trades, bringing its total digital asset holdings to $80 million.
Hundreds of millions of dollars worth of crypto assets have been liquidated as Bitcoin's price falls below $26,000, with the majority of the liquidations coming from exchanges such as OKX, Binance, and ByBit.
Deep-pocketed Bitcoin holders have accumulated over $1 billion worth of BTC in the last two weeks, while the number of investors holding at least 10 BTC has reached a three-year high; the growth in market caps of the top six stablecoins suggests a potential reversal in the crypto market.
Cryptocurrency exchange Coinbase has increased its debt buyback offer to $180 million, with $50 million in tendered notes already accepted for purchase, as it aims to repurchase its 2031 senior notes.
Grayscale Bitcoin Trust, the second-largest BTC entity globally, holds over $16 billion worth of Bitcoin across more than 1,750 addresses, according to blockchain analytics firm Arkham Intelligence.
New data reveals that there are now over 180 individuals worldwide who own at least $100 million worth of crypto assets, with almost half of them obtaining their wealth from holding or trading Bitcoin.
Bitcoin (BTC) surpasses $27,000, while ether (ETH) holds support levels, but interest-rate decisions this week may bring downward pressure; overall market capitalization grows just 0.4% in the past 24 hours.
Coin Metrics' latest report shows that Coinbase's revenues have diversified away from trading fees, now accounting for 77% of total revenues, as other business lines like subscription fees and wallet services contribute an increasing share. However, Coinbase's growth is limited due to its high trading fees and dependence on the U.S. market, making its future uncertain.
Cryptocurrency exchange Coinbase has obtained an Anti-Money Laundering registration from the Bank of Spain, allowing it to offer its services to retail and institutional investors in Spain.
Coinbase is looking to diversify its revenues, but for now, it remains heavily reliant on Bitcoin trading.
Bitcoin (BTC) reaches over $28,000, its highest price in over a month, driven by optimism about ETFs and seasonal trends, while other cryptocurrencies like ether (ETH) and Solana's SOL tokens also experience gains.
Bitcoin (BTC) holds steady at $27,500 as attention shifts to the volatile U.S. dollar, with market observers identifying $27,000 as a key support level for BTC price.
Bitcoin Cash miners have sold 250,000 coins this week, worth approximately $57.5 million, contributing to an 8% decline in the cryptocurrency's price, while whales holding significant amounts of BCH have remained positive despite the drop.
Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of Bitcoin and other digital assets to Coinbase and unknown wallets, according to data from whale-surveying platform Whale Alert.
Coinbase, the top US crypto exchange, is focusing on international markets due to regulatory uncertainty in the US and aims to bring a billion people into crypto.
Cryptocurrency investment products experienced inflows of $78 million for the second consecutive week, with volumes of crypto exchange-traded products reaching $1.1 billion and Bitcoin volumes rising by 16%, according to CoinShares.
Bitcoin (BTC) remains above $27,000 despite the war in Gaza, with a significant uptrend predicted, while Ethereum (ETH) is experiencing a downtrend due to slumping blockchain activity and low investor interest.
Crypto investors have moved over $500 million worth of Bitcoin, Ethereum, and other digital assets to cryptocurrency exchanges and unknown wallets, according to data from Whale Alert.
High-profile cryptocurrency investors, known as "whales," have transferred a significant amount of Bitcoin, Ethereum, Shiba Inu, and XRP, totaling $511 million, with transactions taking place between Coinbase, anonymous wallets, and various crypto exchange platforms.
The US government is estimated to hold over 200,000 BTC, worth more than $5 billion, making them one of the largest Bitcoin holders despite previous sales of millions of dollars' worth of BTC earlier this year.
Crypto exchange Binance has burned over $450 million worth of BNB tokens, permanently reducing the circulating supply and increasing value for holders.
According to data analytics firm CryptoQuant, the approval of bitcoin spot exchange-traded funds (ETFs) could lead to bitcoin becoming a $900 billion asset and the total crypto market growing by $1 trillion, with the potential inflow from ETFs being larger than that of the Grayscale Bitcoin Trust (GBTC) in the last bull market cycle. This scenario could push bitcoin's price to between $50,000 and $73,000, and historically, for every $1 of fresh money entering the bitcoin market, the market capitalization could increase by $3-$5.
Bitcoin's market cap could reach $900 billion if spot exchange-traded funds (ETFs) are approved next year, leading to an influx of institutional money into the market, according to a report by CryptoQuant. This could also raise the entire crypto market cap by $1 trillion.
The US government holds over 194,000 BTC, valued at more than $5.5 billion, making it one of the largest Bitcoin whales globally.
According to estimates, if the price of Bitcoin reaches $100,000 in 2025, Satoshi Nakamoto's 1.1 million BTC could be worth $110 billion, potentially making him one of the richest individuals in the world.
The US government holds over $5.5 billion worth of bitcoin, and its decision to hold or sell the cryptocurrency could greatly influence its price.
