First Mover Americas: Bitcoin Hovers Around $59K to End Week
Bitcoin price approach $60,000 then dip, JPMorgan cautious on retail investors' impact, Coinbase sees impressive Q1 performance, and Friend.Tech token drops sharply. [ more ]
Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.
Crypto exchange Coinbase is expanding its global presence by offering spot trading for cryptocurrencies outside of the U.S.
Institutional customers can now trade bitcoin and ether against the USDC stablecoin on Coinbase's international exchange, while retail investors will have to wait. [ more ]
NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto
Professional basketball player Tyrese Haliburton considers taking a portion of his salary in cryptocurrency.
NBA players are increasingly involved in cryptocurrency, with experiences like the moonshot event at the All-Star weekend showcasing the intersection. [ more ]
Coinbase stock price is surging today after Bitcoin ETFs boosted quarterly results
Shares of Coinbase are up over 12% after the company reported its first profit in two years.
The increase in Coinbase's Q4 revenue was driven by excitement around Bitcoin spot ETF approvals and expectations of improving macroeconomic conditions. [ more ]
Bitcoin's Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests
Bitcoin's price premium on Coinbase hit a 9-month high, indicating strong demand from U.S. investors.
The recent price rally to $52,000 was mainly driven by U.S. investors, with most of the price appreciation occurring during U.S. trading sessions. [ more ]
Coinbase, co-founded by Brian Armstrong, has become one of the last major cryptocurrency exchanges standing after a series of collapses and government crackdowns.
Armstrong's former rivals, such as FTX founder Sam Bankman-Fried and Binance founder Changpeng Zhao, are either in jail or facing time behind bars. [ more ]