Coinbase teases ‘cbBTC’ days after BitGo Wrapped Bitcoin controversy
Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base. Go to Source
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Coinbase hoses down rumors of weekly withdrawal limits on Bitcoin
Coinbase has denounced rumors of it imposing Bitcoin withdrawal limits circulating on social media as inaccurate. Go to Source
Coinbase holds 5% of all Bitcoin in existence: Data
While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million worth of Bitcoin found in its wallets. Go to Source
Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’
According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange balances following FTX’s turbulent collapse. Coinbase Co-Founder Shares Company’s Q3 Shareholder Letter — Says as of Sept. 30, … Read more
Analysts say Coinbase listing represents a ‘watershed’ moment for crypto
Analysts say the impact of Coinbase listing on the Nasdaq will be overwhelmingly positive as it is the bridge legacy investors will use to tap into crypto. Go to Source Powered by WPeMatico
Coinbase’s Q1 Revenue Soars 9-Fold to $1.8 Billion Ahead of IPO on Nasdaq
Coinbase has announced its earnings estimates for the first quarter of 2021. The company says its estimated revenue for the period is nine times more than the amount generated in the same period last year. In addition, the crypto platform says it has 56 million verified users and a total trading volume of $335 billion. … Read more
