Tag Archives: coinbase

January proved to be a somewhat powerful month for bitcoin, which rose beyond the $18K mark by the midway point. Though this is nothing compared to the all-time high of $68,000 it achieved in November of 2021, the jump was a welcomed change from the bearish conditions so many fans, traders, and investors were privy to in 2022. Bitcoin Saw a Good Month in January The previous year was arguably the worst time for bitcoin and the crypto scene. Bitcoin lost more than 70...

Digital currency firm Blockchain.com has announced it’s going to be laying off approximately 25 percent of its staff, which amounts to about 150 separate people at the time of writing. The company is just the latest to fall victim to the bearish digital currency conditions which first began in 2022, and it doesn’t look like the trend is going to stop in the immediate future. Blockchain.com Staff Members Are Made to Say Goodbye Blockchain.com is also shutting down its...

Despite a recent hike in its stock price, Coinbase is allegedly scheduled to underperform in 2023 according to a new report issued by Bank of America. The financial conglomerate says the company’s stock – which is presently trading for about $50 a pop – could fall as low as $35 in the coming weeks. Coinbase Keeps Hitting Barricades Strategists wrote in their report: With the crypto outlook for 2023 murky at best (as evidenced by COIN’s second round of job cuts announced...

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Huobi Global – one of the world’s biggest digital currency exchanges – has announced that it’s going to release approximately 20 percent of its staff due to the ongoing volatility and speculation of the digital currency industry. Huobi Global Is Parting with Several Staff Members A Huobi spokesperson said: With the current state of the bear market, a very lean team will be maintained going forward. Huobi employed about 1,600 people in October of last year. With the 20...

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It looks like Coinbase – a popular digital currency exchange in North America – just can’t catch a break. After getting sued by customers and then having to engage in a settlement with the New York Attorney General’s office, the trading platform has announced it’s having to cut another 1,000 jobs to make ends meet. Coinbase Forced to Part Ways with More Staff The crypto space has been doing very poorly. Despite showing signs of early recovery (bitcoin is on the verge of...

The prolonged bear market reduced the interest in cryptocurrencies and hampered the operations of numerous industry players. Some leading exchanges, including Coinbase, Crypto.com, Bybit, and Kraken, laid off a chunk of their workforce to cope with the challenging times.  The trend seems to be similar at the start of the new year despite the recent revival of the market, with Gemini, Blockchain.com, Coinbase, and many others announcing a new wave of layoffs. The Dismissal...

Coinbase ist in den USA als Aktiengesellschaft mit der Spezialisierung auf den Bitcoin-Handel registriert. Das Portfolio der angebotenen Währungen ist gross, es sind alle Klassiker wie Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, XRP und viele weitere vertreten. Die niederländische Zentralbank verdonnerte am 25. Januar 2023 die US-Kryptobörse Coinbase zu einer Geldbusse von 3.3 Millionen Euro wegen einer nicht korrekten Registrierung...