The percent difference between Bitcoin’s Coinbase Pro price (USD pair) and Binance price (USDT pair).
High premium values could indicate US investors’ strong buying pressure in Coinbase.
Quick Take
During the 2021 bull run, the Coinbase premium index spiked to 0.5, demonstrating US investors were buying Bitcoin at relatively high price levels.
As the cycle continued, these investors sold at record levels during the luna and FTX collapse.
The Coinbase premium spiked to record levels during the collapse of Silicon Valley Bank and hit a record 1.0.
The Coinbase premium is still at extremely elevated levels, which shows US investors are still aggressively buying Bitcoin.
Coinbase Premium Index: (Source: CryptoQuant)
The post Bitcoin Coinbase premium index hits record levels appeared first on CryptoSlate.
In a bid to demonstrate cheap payments with USDC, Coinbase faced backlash from the Bitcoin community for not selling pizzas for BTC during Bitcoin Pizza Day. Cryptocurrency exchange Coinbase came under fire from the Bitcoin community for its unconventional celebration…
US-based crypto exchange Coinbase has taken a major step forward in the digital payments space by introducing support for the Bitcoin Lightning Network. This allows users to make instant and cheaper Bitcoin transfers.
Coinbase stock surges 9% to $280. 79. Bitcoin has soared by 8. 60% in 24 hours to trade at $70,555. 18 at press time. Decreasing Bitcoin supply and bullish projections, like $150k by 2024, fuel investor optimism.
As the Bitcoin halving approaches, Coinbase analysts shed light on how US spot Bitcoin ETFs are setting this cycle apart, signaling a shift in market dynamics and investment strategies.
The post Why This Bitcoin Mining Cycle is Different: Coinbase Analysts Weigh In appeared first on BeInCrypto.
The recent surge in cryptocurrency markets, led by Bitcoin (BTC), which hit a new all-time high (ATH) of $69,300 on Tuesday, has sparked a notable rebound in a bond issued by US-based crypto exchange company Coinbase.
Quick Take Substantial outflows of Bitcoin from exchanges have been a hallmark trend on Coinbase since March 2020. Notably, Coinbase, once the leading Bitcoin holder of exchanges, has experienced a significant decrease in its Bitcoin reserves.
Coinbase CEO Brian Armstrong recently discussed Bitcoin’s (BTC) potential role in advancing Western civilization through currency innovation in a Nov. 4 post on social media platform X (formerly Twitter).
An analyst at Coinbase says there are at least three reasons why tracking cash flow into spot Bitcoin ETFs at launch will give no valuable insights for the long term. While spot Bitcoin (BTC) exchange-traded funds (ETFs) have the opportunity…
Coinbase plans to liquidate the remaining BSV holdings in its wallets by January 2024. Cryptocurrency exchange Coinbase is set to completely remove Bitcoin’s (BTC) hard fork, Bitcoin SV (BSV), from its platform following its delisting back in 2021. In an…
Coinbase CEO Brian Armstrong has announced that the company will soon support the Bitcoin Lightning network, a solution for faster cryptocurrency transactions. However, a timeline has not been specified.
Coinbase CEO Brian Armstrong said the exchange has decided to integrate the Bitcoin (BTC) Lightning Network (LN) after several months of questioning by the crypto community. In a Sept. 13 post on X (formerly Twitter), Armstrong stated that the exchange was willing to do its part in enabling faster and cheaper Bitcoin transactions because the […]
The post Coinbase decides on Bitcoin Lightning Network integration, promising faster transactions appeared first on CryptoSlate.
Brian Armstrong said Wednesday that Coinbase is moving to enable user access to the Lightning Network, at the time offering some rare positive praise for Bitcoin.
Quick Take Bitcoin’s pricing on Binance and Coinbase, two of the world’s leading crypto exchanges, has begun to show significant divergence over the past week. Historically, these platforms have maintained relatively consistent rates in 2023.
Coinbase’s partnership with Bitkey, Block’s self-custody bitcoin wallet, will span six continents. The platforms will integrate Coinbase Pay to allow users buy/sell or transfer Bitcoin to their Bitkey self-custody wallet.
In a recent extraordinary event, an equivalent of $750 million worth of bitcoin was withdrawn from the cryptocurrency exchange Coinbase within a span of just 24 hours.
Coinbase CEO stated that Coinbase might integrate Bitcoin Lightning Network.
Bitcoin's sentiment remained positive; however, traders turn skeptical.
Over the past few months, Bitcoin [BTC] hThe post All eyes on Bitcoin [BTC] as Coinbase CEO reveals... appeared first on AMBCrypto.
The Bitcoin Coinbase Premium Index suggests US investors have been selling more heavily than others during the latest crash in the crypto. Bitcoin Coinbase Premium Index Has Turned Deep Red Recently As pointed out by an analyst in a CryptoQuant post, whales on Coinbase Pro seem to have been behind the latest dump.
It has been a monumental year for Coinbase. 2021 saw its IPO launch and after an initially rocky start, the organization was able to close out a profitable 2nd financial quarter. With Bitcoin recoveriThe post How Coinbase plans to accumulate Bitcoin going forward appeared first on AMBCrypto.
Coinbase saw its stock dive beneath its direct listing reference price of $250 for the first time this Monday on the back of a tweet coming from Tesla and SpaceX CEO Elon Musk that prompted a sell-off in bitcoin and various other digital currencies.
Bitcoin dropped to $61,049 after it surged to new levels on Wednesday. The $63,500 high was followed by a dip, knocking bulls to the lower ends of the $60,000 price mark. As the market blinks in subtle red for Bitcoin, Coinbase premium skyrockets, meaning that the spot buying pressure from the exchange is becoming stronger. […]
Coinbase Tweets “To celebrate COIN, we’re giving away $1.5M in bitcoin” is not a scam; it just resembles one.
The post Coinbase to Giveaway .5 Million in Bitcoin in A Strategy to Onboard New Users first appeared on BitcoinExchangeGuide.
Crypto exchange Coinbase has held Bitcoin and other crypto assets on its balance sheet since the firm’s inception in 2012. Head of Institutional Sales, Trading, Custody, and Prime Services at CoinbaThe post Why Coinbase will maintain its investment in Bitcoin? appeared first on AMBCrypto.
Leading Cryptocurrency Exchange Coinbase has been credited with the facilitation of Tesla’s $1. 5 billion Bitcoin purchase, which has since set a new standard for newcomers, while also singlehandedly driving Bitcoin’s price upward, and adding to the bullish market sentiment shared by members of the Bitcoin community.
“Excited to be supporting more Bitcoin protocol development. This is a great start, but hopefully, we can expand this program over time,” said Coinbase CEO Brian Armstrong as the exchange announced that it is sponsoring Bitcoin developers who contribute directly to the Bitcoin Core codebase or closely associated Bitcoin projects.
Investors who purchase their first digital asset on Coinbase buy Bitcoin, but a majority then move on to purchase other cryptocurrencies, a report by the US-based crypto exchange shows Bitcoin provides a gateway to the altcoin market for a majority of investors who buy Bitcoin as their first digital asset, Coinbase has revealed in a […]
The post 60% of Coinbase’s Customers Buy Bitcoin First Before Moving into Altcoins appeared first on Coinjournal.
3rd January 2020 marked Bitcoin's 11th year of existence, the day when Satoshi Nakamoto laid the genesis block. On the occasion of the world's first cryptocurrency's birthday, ex-CTO of Coinbase and GThe post Bitcoin an ideological flag, a Schelling point: Former Coinbase CTO appeared first on AMBCrypto.
Судья окружного суда в Сан-Франциско Винс Чхабрия сообщил о начале производства в отношении криптовалютной биржи Coinbase, которая «проявила халатность и некомпетентность» в процессе запуска торгов с монетой Bitcoin Cash.
May saw a surge in traffic to some key cryptocurrency exchanges as Bitcoin trading volumes on Binance and Coinbase hit a 14-month high. Coinbase Bitcoin Trading Volumes Spiked In May 2019 Most likely, U.
Coinbase trading volume for bitcoin has exceeded 260 thousand for the first time since last February, following recent peak of 259 thousand in November
In a bid to demonstrate cheap payments with USDC, Coinbase faced backlash from the Bitcoin community for not selling pizzas for BTC during Bitcoin Pizza Day. Cryptocurrency exchange Coinbase came under fire from the Bitcoin community for its unconventional celebration…
Former President Donald Trump has begun accepting crypto donations for his re-election campaign, making him the first US Presidential candidate to adopt digital assets for funding. According to a May 21 statement: “This addition to President Trump’s already groundbreaking digital fundraising operation marks the first time a major party Presidential nominee has embraced cryptocurrency for […]
The post Trump campaign leans in on crypto with new donation page amid shifting political landscape appeared first on CryptoSlate.
An investor just fell victim to a phishing attack, losing over $101,000 in multiple cryptocurrencies across several blockchains. According to the Blockchain security firm PeckShield, the address lost over 237.
Stablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported on May 15. The firm has begun the relocation process by filing the required paperwork with the High Court of the Republic of Ireland.
Quick Take The Hash Ribbon metric by Glassnode, which has marked most of the bottoms in Bitcoin in the past five years, is finally signaling miner capitulation. This technical indicator assumes Bitcoin tends to bottom when miners are forced to capitulate due to mining becoming too costly relative to revenues.
Decentralized protocol for cross-chain lending Pike Finance has suffered a $1.6 million loss due to weak security measures in functions managing USDC transfers. Pike Finance, a decentralized finance protocol specializing in cross-chain lending, fell victim to a hacking attack, resulting…