Coinbase custodies 11% of entire crypto capitalization
The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap. Go to Source Powered by WPeMatico
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The custody service of leading U.S. exchange Coinbase now controls more than 10% of the combined crypto asset market cap. Go to Source Powered by WPeMatico
Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than $65 billion worth of bitcoin. The Corporate Bitcoin Stash- … Read more
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter. Go to Source Powered by WPeMatico
It seems weak hands are not done selling, and data hints that institutions, as ever, are reaping the benefits. Go to Source Powered by WPeMatico
However, the exchange also claimed the identification of the Bitcoin creator could cause the crypto market to deteriorate. Go to Source Powered by WPeMatico
Cryptocurrency exchange Coinbase has filed for an initial public offering with the U.S. Securities and Exchange Commission (SEC). The company has chosen the direct listing route and has applied for its shares to be listed on Nasdaq. Coinbase filed Form S-1 Registration Statement for its IPO with the SEC on Thursday. The company revealed in … Read more
The company has benefited a lot from the 2020 market, but had lost money in 2019. Go to Source Powered by WPeMatico
The American exchange is offering services and advice to other private and publicly traded firms who want to hold digital assets in their treasuries. Go to Source Powered by WPeMatico
On Sunday, February 21, the price of bitcoin touched a new all-time high (ATH) at $58,354 and at the time, inflow into exchanges spiked as well. According to data from the onchain analysis firm, Santiment, stats indicate that exchange inflow jumped 11x on Sunday and data also shows one whale address was responsible for the … Read more
The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more … Read more