JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market rally to kick off the year. In a research report shared with CryptoPotato, the bank’s analysts argued that Bitcoin has experienced “meaningful price appreciation” after the launch of Bitcoin spot ETFs last month. JPMorgan’s Revised Coinbase Outlook Led by financial analyst Kenneth B. Worthington, the authors wrote: “Given the...
Read More »Bitcoin Above $52K, BlackRock and Fidelity Continue to Lead Spot BTC ETF Inflows
CoinspeakerBitcoin Above $52K, BlackRock and Fidelity Continue to Lead Spot BTC ETF Inflows Bitcoin crossed $52,000 and seems ready for more increase as spot ETFs receive more large inflows, with BlackRock and Fidelity leading. Bitcoin Above $52K, BlackRock and Fidelity Continue to Lead Spot BTC ETF Inflows
Read More »Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
CoinspeakerCrypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T Multiple crypto stocks jumped in premarket following Bitcoin's continuous rise past the $51,000 mark as ETFs receive large inflows. Crypto Stocks Rise in Pre-market as Bitcoin Nears $52,000 and Market Cap Crosses $1T
Read More »Here’s How Americans Could Have Saved $74B in Fees in a Single Year, According to Coinbase
Coinbase, the largest cryptocurrency exchange in the U.S., believes American households could have saved approximately $74 billion in credit card transaction fees in 2022 if they used blockchain technology. In Coinbase’s latest State of Crypto Report, the exchange outlined the frustrations of the current financial system, ranging from high costs to delays and difficult access, insisting that blockchain technology eliminates all the issues. Saving $74B in Transaction Fees...
Read More »DeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked
CoinspeakerDeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked With its innovative approach to yield generation, Pendle has emerged as a beacon of innovation within the DeFi landscape. DeFi Protocol Pendle Finance Inches Closer to $1B Total Value Locked
Read More »Coinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees
CoinspeakerCoinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees The exchange thinks that the current financial system in the US is expensive for an average American. Coinbase Estimates Blockchain Could Have Saved Americans $74B in Credit Card Fees
Read More »London, San Francisco, Toronto und Bangalore: Ripple sucht Personal
Ripple ist offensichtlich am expandieren. Kommt bald der Börsengang? Hier das Update von Oliver Segovia, der lange bei Coinbase gearbeitet hat und jetzt für Marketing und Produktentwicklung verantwortlich ist: We’re excited to wrap up January with fresh updates from Ripple! I’ll pin this in 2 simple categories: building and growing. Building: 90% of our business is outside the United States. After being relatively quiet for the past 3 years in the...
Read More »New Platform Enables Fraudulent KYC for Only $15, Targets Crypto Platforms: Report
New research by the cybersecurity reporters at 404 Media has uncovered a new tool named OnlyFakes that reliably generates fake IDs capable of bypassing KYC providers’ checks with relative ease. The fake documents can be generated with or without a background, which would suggest it is a picture that was just taken by a user going through an ID verification process. Allegedly, several hundred fake documents can be produced at once using Excel batches. OnlyFakes Claims to Be...
Read More »Haru Invest Officials Arrested by Korean Prosecutors for Fraud
CoinspeakerHaru Invest Officials Arrested by Korean Prosecutors for Fraud The allegations against Haru Invest paint a picture of deception and mismanagement. Haru Invest Officials Arrested by Korean Prosecutors for Fraud
Read More »Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads
CoinspeakerSuper Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads Two years ago, crypto advertisers occupied the top ad spots at Super Bowl. But the FTX debacle has pushed them out of the game making way for traditional businesses. Super Bowl 2024 Next Week Will Not Feature Any Crypto and AI Ads
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