Coinbase Effect: Is Crypto Ready For The Incoming Herd?
If the pro-Bitcoin actions of titans Goldman Sachs and JP Morgan have been insufficient, the traditional market seems to have given cryptocurrencies its blessing yesterday, with the debut of Coinbase on Nasdaq. The exchange is estimated to have had one of the most successful public direct listings in history. Data from Nasdaq indicates that COIN […]
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San Francisco-based cryptocurrency exchange Coinbase has revealed two separate contributions to the Bitcoin ecosystem today. Here’s how the top crypto platform plans to boost the future of the first-ever cryptocurrency and make it more accessible, flexible, and DeFi-ready. Coinbase Ready To Award Duo Of Grants To Bitcoin Core Developers Coinbase and its CEO Brian Armstrong […]
Coinbase has revealed that it has had “an explosion of incoming capital.” Its assets under custody currently stand at $20 billion, $14 billion of which were accumulated since April. Coinbase highlights a string of bullish events that have “really unleashed” a wave of institutional adoption. Coinbase Has $20 Billion Under Custody Coinbase’s Head of Institutional Coverage, Brett Tejpaul, talked about institutional demand for bitcoin in an interview with Heidrick & Struggles International, published on Friday. Tejpaul has 25 years of experience in sales and....
Even as India’s steep 30% tax on bitcoin earnings takes effect, US cryptocurrency exchange Coinbase has announced plans to expand its operations in the country. Coinbase said that it has invested $150 million in Indian technology startups focused on crypto and Web3 and aims to create additional jobs in the nation this year. India has […]
In the five days after launching on Coinbase, new token listings gain 91% on average. But that doesn’t tell the whole story. Crypto analytics provider Messari has compiled a report concluding that the fabled “Coinbase effect” — the popular belief that new token listings on Coinbase tend to outperform launches on other exchanges — is true.But the effect is far from consistent, and after controlling for outliers, it’s not as great as many assume.Messari analyzed the performance of 28 new Coinbase listings over five days against 22 Binance listings, 19 FTX listings, 19 Gemini listings, 14....
According to Coinbase CEO Brian Armstrong, the planned Department of Government Efficiency, or DOGE, offers incoming President Donald Trump a once-in-a-lifetime opportunity to fix the country’s bloated bureaucracy. Related Reading: Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval Armstrong shared his views via a Twitter/X post, saying that cutting the government’s size […]