Tuesday, July 27

Coinbase

Bitcoin, bitcoin rally, Coinbase, crypto, Markets, MI Exclusive, VanEck

Coinbase spikes 10% as bitcoin rallies back towards $40,000

Coinbase Global watch as their listing is displayed on the Nasdaq MarketSite at Times Square in New York on April 14, 2021. REUTERS/Shannon Stapleton Shares in Coinbase leapt as much as 9.9% on Monday, propelled by a sudden bitcoin rally that has seen the cryptocurrency flirt with the $40,000 threshold. Monday's highs, of around $247, are still substantially down from Coinbase's initial listing range. The VanEck Digital Transformation ETF shot up 11%. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares in Coinbase popped as much as 9.9% on Monday, propelled by a sudden bitcoin rally that has seen the cryptocurrency flirt with the $40,000 threshold.Since the company's April debut, the stock has gradually trended down from a high of $429 on the first da...
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BlockFi investing review: Trading with no fees or account minimums

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.BlockFi is a global platform offering interest accounts, crypto-backed loans, and crypto trading. It doesn't have minimum requirements or trading fees, though small spread fees may apply. BlockFi's loans are available to both individual traders and institutional clients. Click here to set up an account with BlockFi. Bottom line: BlockFi is best for individuals and institutions in search of cr...
Binance, Bitcoin, Coinbase, crypto exchanges, crypto trading, Cryptocurrencies, digital assets, Ether, Ethereum, Kraken, Markets, MI Exclusive

The amount of bitcoin held on exchanges is at its lowest in 6 months, while ether reserves are at record lows, indicating any sell-offs could be a lot more modest

Ethereum, Bitcoin and Litecoin Yuriko Nakao The amount of bitcoin and ether traders hold in exchanges relative to total supply has dropped dramatically in the past few weeks, which analysts say cuts the chances of another big sell-off in the two cryptocurrencies.The ratio of bitcoin held on exchanges versus total number of coins in circulation has fallen to 13% in July, its the lowest level in 6 months, according to data from crypto analytics group Santiment on Tuesday.Similarly, the amount of ether held on exchanges as a percentage of total supply fell to just 18% in June, which is the lowest on record and the most recent figures from Santiment.Santiment tweet Santiment "The ratio of bitcoin's supply on exchanges has encouragingly slid down to its lowest since early January....
Coinbase, cryptocurrency, Engineers, Hiring, India, Markets, MI Exclusive

Coinbase gears up to hire hundreds of engineers in India, with a sweetener of $1,000 in crypto for new starters

Indian flag held by a woman NurPhoto Coinbase will recruit hundreds of "world-class" engineers for its new Indian tech hub, it said Friday. New starters will get $1,000 in digital currency, in hopes they'll use it to learn about crypto. The crypto exchange is also exploring acquisition of start-ups in India as part of the push. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Coinbase plans to hire hundreds of engineers and other staff for its tech hub in India, who will each be given $1,000 in cryptocurrency when they start, the crypto exchange company said in a blog post Friday. A "boom in cryptonative talent" prompted the recruitment spree, Pankaj Gupta, Coinbase's site lead in India wrote in the post. The Indian hub, announced in March, will house eng...
App Store, Apple, brian armstrong, Coinbase, crypto, Crypto assets, Cryptocurrencies, Markets, MI Exclusive, Tech Insider

Coinbase CEO Brian Armstrong reveals plans for a crypto App Store inspired by Apple

Coinbase Coinbase's CEO disclosed plans on Tuesday to launch a crypto App Store that offers third-party apps. The idea was influenced by Apple's approach to building an app ecosystem of developers, he suggested. The crypto exchange's cofounder didn't provide a timeline for the launch of the planned app store. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Coinbase plans to launch a crypto app store to offer decentralized apps built by outside software developers, the company's CEO Brian Armstrong has said, in a project seemingly inspired by Apple's storefront.In a blog post published Tuesday, Armstrong said Coinbase's goal is to allow any app built on decentralized crypto digital infrastructure to be accessible to the crypto exchange's users, by integra...
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Coinbase CEO Brian Armstrong says the goal is for the crypto exchange to list every asset that is legally possible

Coinbase CEO Brian Armstrong appears on stage at the 2014 TechCrunch Disrupt Europe/London, at The Old Billingsgate on October 21, 2014 in London, England. Photo by Anthony Harvey/Getty Images for TechCrunch Coinbase CEO Brian Armstrong said in a tweet that the goal is to list every crypto asset that is legally possible. He followed this up by saying his company does not offer opinions on the value of each asset. Investors should not take a listing on Coinbase as an endorsement of any token, he said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Coinbase CEO and co-founder Brian Armstrong on Monday said the goal of his cryptocurrency exchange, the largest in the US, is to list every crypto asset that is legally possible. "Reminder about how Coinbase l...