Category: Coinbase
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Circle’s USDC Stablecoin Added to Coinbase
The global cryptocurrency exchange based out of San Francisco, Coinbase, has announced the firm will now support Circle’s USDC stablecoin on its exchange and brokerage service platforms. Coinbase believes that blockchain-based digital dollars like USDC provide many benefits to the cryptocurrency market ecosystem. Also read: Bitpay Announces Stablecoin Support for Merchant Settlement Coinbase and the USDC…
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The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow $553M
In today’s edition of The Daily we cover stories about the latest investment in the cryptocurrency space by Goldman Sachs, the amount institutional traders borrowed in the last six months from just one OTC desk, research on state-sponsored hackers, and a new security tool from Coinbase. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency…
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Emma Integrates Crypto Exchanges into Money Management App
Emma, a London-based startup firm specializing in money management services, has launched cryptocurrency exchange integration for its new app. The platform, which the company describes as a kind of “financial advocate” service, is designed to help millennials gain a better understanding of their finances. Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency Storage New…
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Order Speed Analysis Reveals the Fastest Cryptocurrency Exchanges
When you’re trading digital assets, speed matters — particularly so if you’re engaged in high-frequency trading, when every millisecond counts. Executing orders a fraction of a second ahead of the market can mean the difference between profit and loss. New data reveals which cryptocurrency exchanges are the fastest — and which are struggling to keep…
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ZRX Spikes 40 Percent After Coinbase Listing
After months of speculation, San Francisco-based Coinbase launched the trading of 0x (ZRX) on its trading platform, causing a quick 40 percent rise in the asset’s price after listing. ZRX Added to Coinbase The digital currency is the sixth to be listed on Coinbase after Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ethereum Classic. ZRX is…
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Crypto Community Reacts to Vays Shorting Bitcoin at Yearly Low
Tone Vays, a well recognized Bitcoin trader, recently disclosed his first trade of the year: to short Bitcoin near its yearly low. At $6,150, close to the yearly low of Bitcoin at $5,900, Vays filed a short contract on BitMEX. Vays said: “As Promised, my first and perhaps my only Bitcoin trade this Year. Short 1…
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Bakkt Ramps Up to Launch by December, Adds Coinbase Executive as COO
Bakkt, the prospective powerhouse of institutional cryptocurrency sponsorship, is adding Chief Operating Officer the fifth-ever employee and General Manager of Coinbase, Adam White, and revealed that they expect its full range of trading services will hit the market as early as December. Welcoming White in a post on Medium, Bakkt CEO Kelly Loeffler nodded to the…
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The Daily: Tether Regains Ground, Coinbase Does Dublin
Today’s edition of The Daily starts where Monday’s left off: by looking at the latest on Tether, whose stablecoin anchors so much of the cryptoconomy. In related news, we detail Bitfinex’s banking situation and reveal why Coinbase has chosen Dublin to be its European headquarters. Also read: Tether Sheds Its Peg Tether Regains Ground The…
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The Daily: Robinhood Reaches 25th State, Fake Adobe Crypto Malware
In today’s edition of The Daily we cover stories about Robinhood expanding to its 25th American state, recently discovered mining malware, Coinbase ditching its crypto index fund, and a new blockchain job for a former advisor to president Trump. Also Read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering Robinhood Reaches 25th…
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Coinbase Shuts Down Institutional Index Fund While Retail Activity Down 80 Percent
Cryptocurrency services provider Coinbase shut down its index fund service aimed at institutions this week, after reports suggesting a shift-of-focus to its retail users. Another report indicated the business has lost over 80 percent of its clientele in 2018, which validates its move from institutions towards retail. Failing to Entice Investors At the time of…