Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Coinbase
Coinbase Insights: Q3 Crypto Market Prediction Amid Bitcoin Sales and Fed Rate Cuts
The post Coinbase Insights: Q3 Crypto Market Prediction Amid Bitcoin Sales and Fed Rate Cuts appeared first on Coinpedia Fintech News Coinbase, in its weekly market commentary, noted that the Q3 started on a sour note with supply overhangs generated by indiscriminate Bitcoin selling from sources like the German government. While the size of the Bitcoin sales hasn’t been large relative to daily BTC spot volumes, it has put pressure on Bitcoin prices. However, today, the German Government has emptied…
11 months ago
Coinbase Ventures Takes Flight with $2.7 Million AERO Investment
The post Coinbase Ventures Takes Flight with $2.7 Million AERO Investment appeared first on Coinpedia Fintech News According to insights from Nansen, Coinbase Ventures has made strategic investments into Aerodcome’s (AERO) token, signaling a significant endorsement of the project’s potential. Coinbase Ventures has not only initiated significant market acquisitions of AERO tokens but has also continued to increase its holdings. Huge Investments, Huge Commitments Coinbase Ventures recently bought a large number of $AERO tokens, totaling at least 4.7 million tokens…
11 months ago
Coinbase Ventures Buys 4.7 Million AERO Tokens!
The post Coinbase Ventures Buys 4.7 Million AERO Tokens! appeared first on Coinpedia Fintech News Nansen revealed that Coinbase Ventures has not stopped buying Aerodrome Finance (AERO) tokens and has accumulated more than 4.7 million AERO tokens worth $2.7 million. Coinbase Ventures used the TradingVault to further add 1.5 million AERO tokens to its holding. All the tokens Coinbase Ventures has acquired are locked up within the wider Aerodrome Finance ecosystem. Notably, Aerodrome Finance’s (AERO) price gained over 500% after…
11 months ago
Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit
An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by research firm Matrixport that Ethereum’s price could significantly rebound from its current price level. Ethereum Whales Transfers 11,215 ETH Onchain data shows that the Ethereum whale transferred 11,215 ETH ($34.3 million) to the crypto exchange Coinbase. A trader usually makes such a move when selling these tokens, and considering the amount…
11 months ago
Circle Launches EURC on Coinbase’ Base Network, Compliant with MiCA Regulation
Circle, the popular issuer of Stablecoin USDC has announced the launch of its Euro-backed stablecoin EURC on Coinbase’s Ethereum layer-2 network, Base. This marks a significant milestone for stablecoin EURC as it was only exclusive on Avalanche, Ethereum, Solana, and Stellar. Circle, the issuer of popular stablecoins USDC and EURC, has expanded its reach by launching EURC on Coinbase’s Ethereum layer-2 network, Base. This is a significant moment for Base and EURC as it is the EURC’s first time that…
11 months ago
SEC Under Legal FIRE – Coinbase Fights Back Against Them!
The post SEC Under Legal FIRE – Coinbase Fights Back Against Them! appeared first on Coinpedia Fintech News Coinbase is taking a big stand by filing an amicus brief against the SEC. It looks like this is gonna be a long fight. This move supports the Crypto Freedom Alliance of Texas in their lawsuit against the SEC. The lawsuit argues that the SEC’s rules on digital assets are too indefinite and strict. People in the crypto world see this as…
11 months ago
Discover 3 Hot Altcoins Under $1 Set to Pump on Coinbase!
The post Discover 3 Hot Altcoins Under $1 Set to Pump on Coinbase! appeared first on Coinpedia Fintech News Bitcoin reached a new all time high in 2024. However, as always, altcoins didn’t quite keep up. This time, meme coins stole the spotlight. While meme coins brought great profits to investors, altcoins have been sluggish. Yet, there are three altcoins that could pump with the help of Coinbase. Two of these tokens are currently under half a dollar. Blast Just…
11 months ago
XRP’s Future Hinges on SEC vs. Coinbase Ruling Amid Broader Crypto Market Uncertainty
Analysts suggest that developments in Coinbase’s legal proceedings could influence XRP’s price movement going ahead. Ripple’s Chief Legal Officer, Stuart Alderoty, recently criticized the SEC and Chair Gary Gensler for their regulatory approach, citing concerns over excessive regulations stifling the digital asset sector. While the crypto community has been eagerly awaiting the final settlement and resolution in the SEC vs Ripple case, the focus has recently shifted to the SEC vs. Coinbase battle. Market analysts believe that the XRP price…
11 months ago
Zebu Live 2024: The UK’s Premier Web3 Conference Returns with Steven Bartlett, Coinbase, Solana, and More
London, UK, July 4th, 2024, Chainwire The highly anticipated Zebu Live, the UK’s largest Web3 conference, is returning 10th-11th October 2024. Organized by Flight3, a renowned Web3 marketing agency owned by Dragons' Den star Steven Bartlett, this year’s event promises to be an unparalleled experience, featuring industry giants like Coinbase, Solana, and Blockchain.com. Attendees can look forward to an inspiring lineup of speakers, including Steven Bartlett, Raoul Pal, Lord Holmes, and John Lilic. Building on the phenomenal success of Zebu…
11 months ago