The mysterious BTC whale, who was recently frequently sending lots of coins to Coinbase, has changed the strategy on the largest cryptocurrency. On-chain data shows that they have accumulated more than 500 bitcoins on Thursday and Friday. Bitcoin Whale Back to Buying CryptoPotato has previously reported some of this particular whale’s behavior – whose Bitcoin address ends with WKDfHQ – when it comes down to the BTC holdings. For instance, data showed that they had sold near...
Read More »U-Turn: Centre to Convert USDC Reserves to Cash and US Treasuries
Centre, the issuer of popular stablecoin USDC, has revealed that it will convert the asset reserves back to cash and U.S. treasury bills only. In an official blog post on Monday, the Centre Consortium noted that it now intends to “hold the USDC reserve entirely in cash and short duration US Treasuries.” The organization said the decision was prompted by its commitment to increasing transparency and exploring new opportunities to collaborate with the USDC community. It noted...
Read More »Knappheit: Gehen den Bitcoin-Börsen die Coins aus?
Eine Analyse von Glassnode zeigt, dass die Kunden ihre Bitcoins von den Börsen abheben. Einerseits sorgt ein knappes Angebot für einen steigenden Bitcoin-Preis. Andererseits können so gerade kleinere Bitcoin-Börsen in Not geraten, wenn aus Mangel an Liquidität nicht gehandelt werden kann. Grosse und gut kapitalisierte Bitcoin-Börsen wie Bitpanda, Coinbase oder dezentrale Börsen wie BTC Direct sind davon kaum betroffen. Fakt ist, das sich...
Read More »Market Cap Reclaims $2T, Binance Strengthens Regulatory Compliance: The Weekly Crypto Recap
This week was entirely positive in the cryptocurrency market as almost everything is trading well in the green. It wasn’t without its hurdles, so let’s jump straight to it. Bitcoin managed to push towards $48K last Friday, but the week was filled with choppy price action and a somewhat expected downturn. By Thursday, BTC’s price was in the low $44,000’s, and that’s when the bulls stepped in. On that day, the price shot up and tested $47K – a level that got left behind in the...
Read More »Surprising Investor: Intel Now Owns Coinbase Shares
The US multinational corporation Intel Corp. has disclosed purchasing shares of America’s largest cryptocurrency exchange – Coinbase. The tech company, headquartered in Santa Clara, California, currently owns just a little over 3,000 COIN stocks. Founded in 1968, Intel Corporation is among the largest tech companies with revenue nearing $80 billion as of last year. According to recent reports, the behemoth has received exposure to the cryptocurrency space by buying shares of...
Read More »Bitcoin mit Kreditkarte kaufen
BTC Direct ist eine der ältesten Bitcoin-Börsen Europas. Aber nicht nur das, bei BTC Direct gibt's die Bitcoins am günstigsten und wer will, kann diese sogar mit Kreditkarte kaufen. Einziger Nachteil: BTC Direct verwaltet keine Bitcoins, dh. der User muss sich selber eine eigene Wallet an einem anderen Ort anlegen. Ich werde immer wieder gefragt, wie und wo man als Bitcoin-Einsteiger und Anfänger am einfachsten Bitcoin kaufen kann. Meine...
Read More »Coinbase Purchases Crypto Startup Zabo, Bringing Its Acquisition Total to 15 Firms
Coinbase – one of the world’s largest and most popular cryptocurrency exchanges – has acquired a Dallas, Texas-based crypto startup known as Zabo. Coinbase Gets Its Hands On Zabo Zabo is a relatively new firm, with its seed funding round occurring just last year in 2020. At that time, the company managed to raise more than $2.5 million thanks to the leadership of financial enterprises like Austin’s Moonshots Capital. It was one of the firm’s first blockchain-based...
Read More »Half of UK Citizens Interested in Taking Crypto-Backed Loans
According to a Coinbase research, 51% of British adults said they are “very interested” in taking out a loan using digital asset holdings as a guarantee instead of traditional methods. 39% revealed they are willing to employ cryptocurrencies to send and receive money in international transactions as well. Brits Want to Adopt Crypto for Transactions Coinbase conducted a survey among thousands of British residents and concluded that they have significantly increased their...
Read More »Coinbase to Acquire the Cryptocurrency Start-up Zabo
Zabo announced that it would join the digital asset platform Coinbase. However, the statement did not specify the terms of the deal, and the amount paid remains unrevealed. Coinbase’s New Acquisition According to a blog post, Zabo – a Dallas-based cryptocurrency data aggregator – will become part of the Nasdaq-listed exchange Coinbase. The Co-Founders of the start-up Christopher Brown and Alex Treece, commented: “We are very excited to join Coinbase, which has done more than...
Read More »Brian Brooks Discusses How He Got Into Crypto
Brian Brooks is currently the CEO of Binance.US, but prior to that, he served in government and in the standard financial space. Brian Brooks Has Carved Out a Serious Crypto Career Before his position with the exchange, Brooks was the acting comptroller of the Currency at the U.S. Office of the Comptroller of the Currency (OCC). He has also worked with Coinbase. In a recent interview, Brooks discussed what it was that drew him to the crypto market. He says: For me,...
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