Bitcoin’s Price Pumps As Coinbase Bleeds Out 12,000 BTC
Bitcoin has reclaimed the high area around the $50,000. In the meantime, indicators are turning bullish as the cryptocurrency could be preparing for another leg-up into uncharted territory. At the time of writing, BTC trades at $57,654 with a 3.1% profit in the daily chart. In the weekly chart, BTC has a 7.5% profit with […]
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Analysts are linking the recent BTC price action to fluctuations in the Coinbase Premium, a metric that tracks Bitcoin’s demand by comparing prices on Coinbase with those on other major crypto exchanges. New reports show that the massive Bitcoin price rebound in April coincided with a rise in the Coinbase Premium. With the indicator now […]
Tensions are boiling over Down Under. Coinbase has formally accused major Australian banks of imposing a shadow ban on the industry. Executives argue that banks are systematically restricting transfers to crypto platforms, effectively ‘de-banking’ users without a clear mandate. That opacity creates a massive headache (and a crisis of confidence) for retail investors just trying […]
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for $342 per share on April 16, 2021. Since then, Coinbase shares have dropped by close to half that value and today, COIN is swapping for more than 45% lower at $187 per unit. Coinbase Follows Bitcoin With Shares Down 45% From ATH Coinbase (Nasdaq: COIN) is a popular crypto firm and digital asset exchange with 8.8 million monthly transacting users during its height in Q2 2021. The business founded by Fred Ehrsam and Brian Armstrong in 2012 officially went....
After observing some pumps recently, it looks like it’s time to take the dogs out for the dump as both Dogecoin and Shiba Inu record 20% losses in the last three days. Dogecoin Loses 22%, While Shiba Inu Down 26% Since The Memecoins’ Recent Peaks Both the memecoins have enjoyed some big pumps recently as […]
After seeing the Bitcoin price spike to $300 earlier this week, the market has been on a steady decline. In total, Bitcoin has dropped 38% this week, from a peak of $307 to approximately $223. Bitcoin’s price increased exponentially due to announcements from the Winklevoss Twins about Gemini and Coinbase’s new exchange. For the cherry on top, Google has integratedCoinbase into its Google Now application for Android. This app shows notifications in the format of cards; the Coinbase card allows you to view the price of Bitcoin based on the Coinbase Exchange, as well as viewing any....