Rebound underway for cryptocurrencies – The year 2023 is off to a good start, like the Bitcoin soaring 30%. BTC therefore seems to be attracting capital and its dominance is increasing sharply. A week after announcing the dismissal of 20% of its workforceCoinbase’s price is showing a increase of more than 80%. Institutional players seem … Read more
To discharge – In 2022, Coinbase had to lay off nearly 18% of its employees when bear markets were in their infancy. The crypto winter is still not over, and the company still has to part with part of its workforce this year, to ensure its future. Bear Markets and Bankruptcies in the Crypto Industry: … Read more
Traditional banks are getting into crypto thanks to the rise of cryptocurrencies. Bloomberg reports that, the renowned investment bank, Goldman Sachs has just communicated a first loan backed in bitcoin (BTC). The Coinbase borrower insures cash loans through this cryptocurrency. This decision is seen as a sign of initiation by Wall Street into cryptocurrencies. Goldman’s … Read more
The market share of the American platform Coinbase fell to less than 3% in July as the cryptocurrency industry is in deep crisis. It is now the 14th largest cryptocurrency exchange in the world, up from being in the top 5 at the end of 2021. Coinbase’s market share plummets The cryptocurrency trading industry is … Read more
Considered one of the most volatile asset classes in existence, cryptocurrencies have been in a fairly deep state of slumber since May 2022, when central banks around the world began raising interest rates to thwart the impact of high inflation. The main cryptocurrencies such as Bitcoin BTC/USD have been emblematic of this trend, with price … Read more
The most famous search engine in the world is focusing more and more openly on cryptocurrencies. Between the outstretched arms of Google Play, the arrival of the bank card to complete the offer, and the recent partnership with the NEAR agreement, Google does not want to miss the boat. Today, the Californian company announced an … Read more
(Bloomberg) – Cryptocurrency exchange Coinbase Global Inc. has received a digital asset license in Singapore, where regulators are stepping up vigilance after high-profile blowouts by crypto firms like Three Arrows Capital. The Monetary Authority of Singapore has granted Coinbase Singapore approval in principle under the Payment Services Act to provide regulated services in the city-state, … Read more
Advance Market Analytics has published a new research publication on “Cryptocurrency Exchanges Market Insights, to 2027” with 232 pages and enriched with self-explained charts and graphs in a presentable format. In the study, you will find new evolving trends, drivers, restraints, and opportunities generated by targeting stakeholders associated with the market. The growth of the … Read more
To register as an exchange in Australia, an entity only needs to register with AUSTRAC. Alongside its banking partners, Coinbase is also working with Blockchain Australia’s program which aims to provide a Digital Exchange Classification, or DCE, which would flag whether exchanges have been fully audited. This is not yet a regulated requirement for Australian-based … Read more
Crypto policy discussions in the United States tend to revolve around rumblings from the Securities and Exchange Commission and taxes. But there are two bills in Congress that have largely slipped under the radar, at least to people outside the political crowd. They would decisively give more power to the Commodities Futures Trading Commission. Additionally, … Read more