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Coinbase

27 posts
Coinbase leans heavily on accounting changes to post billion-plus profit thumbnail

Coinbase leans heavily on accounting changes to post billion-plus profit

The Coinbase (NASDAQ: COIN) exchange posted impressive profits in the first quarter of 2024 thanks to meme coins, an artificially inflated BTC, and one heck of an accounting tailwind.Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months ending March 31, more than twice the sum generated in the same quarter last year and
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Coinbase stock surges to highest since April 2022 thumbnail

Coinbase stock surges to highest since April 2022

Coinbase stock surges to highest since April 2022 Oluwapelumi Adejumo · 2 weeks ago · 2 min read Regulatory compliance and global licensing achievements fuel Coinbase's stock surge to a 10-month peak. 2 min readUpdated: November 24, 2023 at 9:41 pm Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.Coinbase’s COIN
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Coinbase Statistics: 2023 Market Share, Profit Breakdown, & More thumbnail

Coinbase Statistics: 2023 Market Share, Profit Breakdown, & More

Looking at some key Coinbase statistics illustrate the exchange’s meteoric rise. As of 2023, the company boasts a valuation of around $18.6 billion and an enterprise value of approximately $16.5 billion. The user base paints an equally remarkable picture. To date, over 89 million users have signed up for Coinbase. A testament to the popularity
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Coinbase is largest Bitcoin (BTC) holder in the world: Arkham thumbnail

Coinbase is largest Bitcoin (BTC) holder in the world: Arkham

Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest known Bitcoin entity, Arkham analysts said on X. Blockchain intelligence firm Arkham has reported that Coinbase holds Bitcoin (BTC) worth about $25
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Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC thumbnail

Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC

In a notable discovery, Arkham Intel, a leading blockchain intelligence platform, has identified $25 billion worth of Bitcoin (BTC) reserves held by Coinbase, the prominent US-based cryptocurrency exchange.  This revelation puts Coinbase at the forefront of the Bitcoin landscape, positioning it as the largest Bitcoin entity in the world alongside the enigmatic Satoshi Nakamoto. The
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Coinbase Review: Ultimate Guide to The Top Crypto Exchange thumbnail

Coinbase Review: Ultimate Guide to The Top Crypto Exchange

With the interest and investment in cryptocurrencies having surged over the past few years, the requirement for safe and secure exchanges to facilitate the purchase of crypto has become increasingly important.One of the most popular exchanges that is currently available is Coinbase.Launched in San Francisco in 2012, Coinbase operates in 32 countries and has served
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Coinbase Integrates AI for Enhanced Trading Automation thumbnail

Coinbase Integrates AI for Enhanced Trading Automation

The growing prevalence of artificial intelligence (AI) in the trading world presents investors with many new opportunities for trade automation. The cryptocurrency exchange, Coinbase, has decided to capitalize on this by collaborating with Coinrule, offering over a million retail customers tools that facilitate daily trading.Coinbase Joins Forces with Coinrule in Implementing AICoinrule is a platform
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Coinbase CEO to Collaborate with House Democrats: Regulation Coming? thumbnail

Coinbase CEO to Collaborate with House Democrats: Regulation Coming?

Coinbase CEO Brian Armstrong is poised for a private meeting with House Democrats this Wednesday to discuss a myriad of digital asset legislation concerns amid the company's ongoing lawsuit with the SEC. Is the United States coming closer to bridged regulation between regulators and industry leaders?Brian Armstrong, CEO of Coinbase, will convene privately with House
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