Coinbase has had a spectacular 2021. The company announced $1.80 billion of revenue, $585 million more than the fourth quarter of 2020, and $191 million more than its results from a year ago. Much of these numbers are driven by the growing interest in cryptocurrencies. 56 million users and 6.1 million monthly transactions put the company right on the money radar, primarily since Coinbase benefits from the fees generated by every trade made on its platform. The IPO was also...
Read More »Institutions Bought Another $620M Worth of Bitcoin as Miners Refuse to Sell: Analysis
The selling pressure on bitcoin continues to decline, pointed out CryptoQuant by referring to the stablecoins stored on exchanges and miners’ behavior. At the same time, institutional investors keep accumulative sizeable portions of the asset, suggested another massive withdrawal from Coinbase. BTC Selling Pressure Is Down CryptoPotato reported that BTC investors are continuously withdrawing their holdings from exchanges, which should reduce the selling pressure. This...
Read More »Fred Wilson Has Invested a Lot Into Coinbase; It’s Now Paying Off
Fred Wilson is the co-founder of Union Square Ventures. As a successful investor, he has put his money into many leading companies such as Tumblr, Etsy, Twitter and Zynga, and he was one of the first people to see the platforms as things other investors should take seriously. Fred Wilson Knows What He’s Doing This attitude has made him quite wealthy over the years. It is also an attitude that caused him to invest in Coinbase long before it was the high-ranking company it...
Read More »Bitcoin kaufen war noch nie so einfach!
Coinbase, BTC Direct und Bitpanda: Mittlerweile gibt es einige Bitcoin Serices, die sich auch für Anfänger und Einsteiger eignen.. Ich werde immer wieder gefragt, wie und wo man als Bitcoin-Einsteiger und Anfänger am einfachsten Bitcoin kaufen kann. Meine Antwort darauf lautet: Investiere in Know How und Wissen. Denn Wissen zahlt sich immer aus; irgendwann. Wer dennoch ein paar Franken übrig hat, welche im schlimmsten Fall auch verloren...
Read More »Thomas Farley: Cryptocurrency Is Here to Stay
Bitcoin and cryptocurrency have been all the rage as of late, but they are attracting a lot more than retailers and standard crypto investors. Wall Street is getting heavily intrigued by digital currency as well, and one man – Thomas Farley, the former president of the New York Stock Exchange (NYSE) – feels that the future of finance may very well have crypto serving at the forefront. Thomas Farley: I’m Excited By Crypto In a recent interview, Farley commented that...
Read More »ICE and Union Square Ventures Sold Off Over $1B of Coinbase Shares
Shortly after Coinbase became a publicly-traded company, some of its long-term backers sold their portions and netted significant profits. Such is the case with Union Square Ventures and the Intercontinental Exchange, as both pocketed more than $1 billion. ICE Sell Off Coinbase Shares CryptoPotato reported in mid-April the significant milestone in the entire cryptocurrency industry when the giant US-based exchange Coinbase officially went public on Nasdaq through a direct...
Read More »Coinbase to Acquire Crypto Analytics Company Skew
Coinbase is to purchase the UK-based crypto resource firm Skew to enhance its efforts for providing real-time actionable data analytics to traders and institutions. Both parties said that Skew’s platform will be integrated with Coinbase Prime. Founded in 2018 in London, UK, Skew is a cryptocurrency-oriented data analytics company providing investors with “modern, credible, and regulatory compliant tools.” The firm announced that Coinbase has agreed to acquire it and...
Read More »Mike Novogratz: BTC Is Still in Bullish Territory
Billionaire investor and former hedge fund manager Mike Novogratz has always been a big fan of bitcoin along with other forms of crypto. In a recent interview, he commented about what has made the world’s primary form of digital currency last so long, and he talked about what was potentially causing the asset to surge the way it has. Mike Novogratz: This Is Just a Small Correction At the time of writing, the price of bitcoin has fallen by more than $15,000 from its...
Read More »Bitcoin Crashes: Drops to $49,000 Per Unit
If we thought bitcoin was doing poorly before, we are having to redefine our ideas. It looks like the world’s number one digital currency by market cap has fallen below the $50,000 mark and at the time of writing, is trading for just over $49,000. Bitcoin Is Suffering Harder Than It Has in a While This marks a $5,000 drop for the asset in just the past 24 hours and a fall of more than $15,000 for the currency over the past two weeks. The currency appears to be dipping...
Read More »Coinbase-Aktie: CEO macht Kasse bei Börsengang
Coinbase-CEO Brian Armstrong hat durch den Coinbase-IPO Millionengewinne gemacht. Der Börsengang des Krypto-Handelsplatzes bescherte dem Vorstandsmitglied knapp 300 Millionen US-Dollar. Auch der restliche Coinbase-Vorstand machte durch das IPO Kasse. US-Börsenaufsicht SEC veröffentlicht Coinbase-Gewinne Der Krypto-Handelsplatz Coinbase ging Mitte April an die Börse und konnte den Wert der Coinbase-Papiere von anfänglich 250 US-Dollar auf zeitweise über 420 US-Dollar erhöhen....
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