Coinbase UK Discloses 22% Profit Drop in 2019
The British arm of the U.S. cryptocurrency exchange saw a sharp downturn in business in 2019.
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The publicly listed firm Coinbase Global has revealed the company plans to evaluate any potential forks that arise from the upcoming Ethereum upgrade known as The Merge. In a recently updated blog post, Coinbase said if a new Ethereum proof-of-work (PoW) token is created it “will be reviewed with the same rigor as any other asset that is listed” on the company’s exchange.
Coinbase Updates the Public About the Possibility of an Ethereum Fork Arising Post Merge
The Merge is coming soon and data shows it is roughly 16 days away from now. Essentially, The Merge....
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly report submitted to the U.S. Securities and Exchanges Commission (SEC) on Friday. The Santa Clara, California-based technology company bought the stake following the listing of the cryptocurrency exchange this spring. According to....
Coinbase has halted trading on its platform as bitcoin crawls to 2019 highs.
Semiconductor chip manufacturer Intel could be jumping into the crypto space. The company has purchased around $800,000 in exchange Coinbase (COIN) stocks on June 26th, 2021, per a report filed with the U.S. Securities and Exchange Commission (SEC), financial news website Barrons published. According to Form 13F filing with the U.S. regulator, Intel holds 3,014 […]
Analysts expect a profit-taking pullback in the Bitcoin market after BTC hits $13,000 upon the PayPal news. The price of Bitcoin (BTC) surpassed $13,000 for the first time since June 2019. The optimism around PayPal supporting crypto purchases led the overall market sentiment to brighten within a short period. Immediately after the PayPal news was reported, the price of Bitcoin increased from $12,300 to $13,200 at the day’s peak. Although the medium-term outlook of the cryptocurrency market remains positive, analysts are not dismissing the likelihood of a pullback.Bitcoin surged 25.5%....