Coinbase shares to open lower after 75% drop in net income in Q3
Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion. Go to Source Powered by WPeMatico
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Litecoin hits six-month high as LTC price soars 20% in 24 hours
Nonetheless, LTC/USD is at risk of a price correction as it paints a classic bearish reversal pattern. Go to Source Powered by WPeMatico
Coinbase launches standalone browser extension for Coinbase Wallet
Self-custody wallets have proven extremely popular among users looking to access decentralized exchanges and NFTs. Go to Source Powered by WPeMatico
Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans. Go to Source Powered by WPeMatico
Parabolic gains for OriginTrail, Maker and XYO Network rouse ‘altseason’ hopes
The near triple-digit gains seen in TRAC, XYO and MKR have traders hopeful that an altcoin season is underway. Go to Source Powered by WPeMatico
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow cash up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing, “It’s not lent out or used for any other purpose.” … Read more
Coinbase to Improve Customer Support in US and India by Acquiring AI Platform Agara
Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The exchange explained that “Through this acquisition, we’ll be able to provide our customers with new personalized, intelligent, and real-time support options.” The acquisition also reconfirms Coinbase’s strategy to build out its tech hub in India. Coinbase to … Read more
Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers
LCX, ILV, TOKE and at least 10 other altcoins hit new all-time highs alongside ETH today. Go to Source Powered by WPeMatico
Coinbase acquires Indian AI startup to improve customer service
Co-founded by Coinbase’s head of operations in India, Agara helps Coinbase with customer service using AI and machine learning. Go to Source Powered by WPeMatico
Bitcoin price descending channel and loss of momentum could turn $60K to resistance
After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance. Go to Source Powered by WPeMatico