Coinbase

Glassnode data shows Binance’s Bitcoin holdings surpass Coinbase

Coinbase in the last seven days had recorded over 10,000 outflows in its Bitcoin holdings while Binance recorded around 20,000 inflows.

4 years ago

Trading

Crypto trading volume plunges to 18-month low, Coinbase feels the pinch

Derivatives and spot trading volumes have fallen by over 15% since May across top crypto exchanges.

4 years ago

Exchanges

Bitstamp introduces ‘inactivity fee’ to shore up revenue

Bitstamp said the new fee will not apply to users in the U.S. or those with an account balance of over €200.

4 years ago

Exchanges

Goldman Sachs says Coinbase may need to sack more workers; downgrades its stock rating to sell

Goldman Sachs predicts that Coinbase revenue could decline by 61% because of the current market conditions that have affected retail traders.

4 years ago

Exchanges

Crypto companies pull out of sponsorship deals amid market downturn

Several crypto companies have been forced to choose self-preservation over advertising, as the crypto market cap crashes to new lows.

4 years ago

Exchanges

FTX CEO blames Fed Reserve for bear market, will step in to prevent ‘contagion’

SBF said the current downturn is a direct consequences of the Fed's decision to hike interest rates by such a high margin.

4 years ago

Exchanges

Kraken CEO lashes out against some employees for being ‘bad fit’

Jesse Powell said that the actions of some employees is negatively impacting the productivity of others because their focus has shifted from the company’s culture.

4 years ago

Analysis

BitMEX founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices

Hayes says only prayers can save the crypto market if the value of Bitcoin and Ethereum were to crash below a certain threshold.

4 years ago

Exchanges

Binance CEO says firm is ‘expanding hiring’ despite market crash

Several companies like Coinbase, Robinhood, and Gemini have been forced to cut staff and hiring due to the current bear market.

4 years ago

Exchanges

Coinbase top executives reportedly made over $1B via stock sales

One of Coinbase co-founders has sold close to $500 million of his shares of the company.

4 years ago

Exchanges

Coinbase to slow hiring and expansion due to market downturn

The U.S. exchange is struggling to maintain its projected growth as its earnings dropped alongside the wider market.

4 years ago

Analysis

Analyst says crypto stocks performance is proof we are in bear market

The poor performance of the crypto stocks mirror that of the crypto industry where the value of digital assets have plummeted to new lows.

4 years ago