All eyes are on the upcoming Bitcoin halving scheduled for mid-April 2024, which will reduce the rewards granted to miners for validating transactions by half. This will mark the fourth occurrence of a halving event in Bitcoin’s history. Although the market is currently experiencing a downturn, Bitcoin has seen significant growth of more than 150% since mid-October last year. According to the latest “handbook” by Coinbase, this strong performance will continue up to and after...
Read More »Coinbase Wants to Launch Futures Contracts These Crypto Assets on April Fools’ Day
The derivatives arm of the largest American cryptocurrency exchange, Coinbase, intends to launch futures trading contracts for Dogecoin DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. According to several letters filed with the United States Commodity Futures Trading Commission (CFTC) earlier this month, Coinbase Derivatives will launch monthly cash-settled and margin futures contracts for the cryptocurrencies on or after the coming April Fools’ Day. Futures...
Read More »Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data
Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoin’s whale activity appears to be soaring, with transactions exceeding $1...
Read More »ARK Invest Sells $50M Worth of Coinbase (COIN) Stock amid Recent Rally
CoinspeakerARK Invest Sells $50M Worth of Coinbase (COIN) Stock amid Recent Rally ARK's recent offloading of Coinbase shares stands out as one of its significant divestments in 2024. Prior to Thursday's sale, ARK sold off 270,365 shares of Coinbase on March 11. ARK Invest Sells $50M Worth of Coinbase (COIN) Stock amid Recent Rally
Read More »Base Network’s Daily Trading Volume Surges by 51% to Reach New High
CoinspeakerBase Network’s Daily Trading Volume Surges by 51% to Reach New High The surge in trading volume and TVL highlights the growing interest and adoption of the Base protocol. The network currently sits as the sixth largest layer 2 scaling solution for Ethereum. Base Network’s Daily Trading Volume Surges by 51% to Reach New High
Read More »Important Coinbase Updates Affecting These Two Altcoins: Details
TL;DR Coinbase added Arkham (ARKM) to its observation list, leading to a brief price spike, and announced the delisting of another cryptocurrency amid a market decline. Binance updated its platform with new trading pairs and contracts, temporarily halted Solana (SOL) withdrawals due to network congestion, and expanded its trading bot pairs. The leading cryptocurrency exchange – Coinbase – continues implementing amendments to its platform to enhance user experience. Most...
Read More »Bitcoin Sudden Decline to Below $63K and Its Market-Wide Impact
CoinspeakerBitcoin Sudden Decline to Below $63K and Its Market-Wide Impact The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF. Bitcoin Sudden Decline to Below $63K and Its Market-Wide Impact
Read More »This Happened on Coinbase’s Bitcoin Premium Index Before BTC Plunged to $66K
In the past few days, Bitcoin (BTC) has fallen from its newly recorded highs to levels not seen in a week, triggering millions in liquidations. Analysts have revealed that the Coinbase Bitcoin Premium Index flashed a bearish signal before BTC slumped. According to an analysis by CryptoQuant, the Coinbase Premium Index dipped below 0.05 some hours before the price of BTC fell more than 7% to $66,000 on Friday and even further on Sunday. Coinbase Premium Flashes Bearish Signal...
Read More »Coinbase Claps Back at Senators Urging Halt on Crypto ETF Approvals
Paul Grewal, the Chief Legal Officer at Coinbase, has come forward to criticize a letter written by two U.S. senators urging the Securities and Exchange Commission (SEC) to impose stricter regulations on Bitcoin exchange-traded funds and refrain from approving any further cryptocurrency ETF applications. In a March 15 X thread, he challenges the assertions of senators Jack Reed and Laphonza Butler and defends the necessity of expanding the ETF market to include assets beyond...
Read More »Coinbase Allows Eligible Users Access to 11 Altcoins: Details
TL;DR Coinbase has expanded its offerings to include nearly a dozen new digital assets exclusively for a certain group of users. Some of the affected cryptocurrencies have launched a rally, aligning with the overall bullishness in the market. One of the biggest cryptocurrency exchanges – Coinbase – announced that users could start dealing with nearly a dozen digital assets, such as Voxies (VOXEL), Celestia (TIA), Hivemapper (HONEY), Velo (VELO), and more. It is important to...
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