Coinbase slips to third in Bitcoin reserves following massive outflows – CoinGlass

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.

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Bitcoin Reserve Shift: Binance Dips 5,000 BTC, Coinbase Surges 12,000 BTC

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Binance's Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant

The move appears to be in anticipation of the approval of spot bitcoin ETFs.

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Coinbase becomes the largest Bitcoin holder with $25 bln in BTC reserves

It was found Coinbase currently owns 5% of Bitcoin in circulation. Bitcoin on exchanges has declined to almost a six-year low. According to recent data from Arkham Intelligence, Coinbase hasThe post Coinbase becomes the largest Bitcoin holder with $25 bln in BTC reserves appeared first on AMBCrypto.

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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.

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Crypto Expert Issues Dire Warning on Binance and BNB – Should You Panic Sell Now?

In recent weeks, parts of the cryptocurrency community have raised concerns over Binance’s backing of its native BNB token. Unlike other major exchanges like Coinbase, which hold significant reserves of Bitcoin, Binance relies heavily on its own BNB token.

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Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report

Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call.

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On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals

Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements are not significant compared to previous episodes or average daily outflows Bitcoin saw even less withdrawals, negligible amounts withdrawn from each exchange Coinbase’s lawsuit presents […] The post On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals appeared first on CoinJournal.

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Binance, Coinbase Bitcoin Reserves Fast-Dropping, Is This Bullish?

According to CryptoQuant’s data on May 10, Bitcoin reserves in centralized exchanges such as Binance and Coinbase experienced a significant decline in Q4 2022. The reserves remained stable in April despite the prices soaring from $20,000 to $31,000 during that period.

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Bitcoin Bearish Signal: Exchanges Observe Growing Reserves

On-chain data shows exchanges have been observing recent growth in their Bitcoin reserves, a sign that selling pressure may be increasing. All Exchanges Observe Growing Bitcoin Reserves, Except For Coinbase As an analyst in a CryptoQuant post pointed out, only Coinbase has seen some withdrawals recently.

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Bitcoin Declines Below $22,000 As Coinbase Deposits Rise

Bitcoin has declined below $22,000 in the past day as on-chain data shows deposits have risen on the crypto exchange Coinbase. Bitcoin Coinbase Exchange Reserve Has Risen Recently As pointed out by an analyst in a CryptoQuant post, the exchange reserves have been going up recently.

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Bitfinex closes week leading Bitcoin reserves according to Glassnode

CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. The post Bitfinex closes week leading Bitcoin reserves according to Glassnode appeared first on CryptoSlate.

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This week in crypto: SBF arrested in The Bahamas

Authorities have arrested Sam Bankman-Fried in the Bahamas. Binance reserves are accounted for, says CryptoQuant. Ark Invest continues to invest in Coinbase. Sam Bankman-Fried has been arrested Sam Bankman-Fried, the former CEO of FTX cryptocurrency, was arrested in The Bahamas earlier this week.

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Crypto Exchange Coinbase Asks Users to Switch USDT for USDC

Coinbase highlights questions about Tether reserves in campaign to get users over to USDC.

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CryptoSlate Wrapped Daily: More Bitcoin leaves Coinbase; Kraken CEO deems Binance’s proof of reserves ‘pointless’

The biggest news in the cryptoverse for November 28 includes Kraken CEO saying Binance Proof-of-Reserve is pointless without proof of liabilities, Coinbase losing Bitcoin worth  $2 billion over the weekend, and BlockFi filing for Chapter 11 bankruptcy.

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Coinbase explores proof of reserves ways, launches a developer grant program

Coinbase has announced that it is excited to see how far it can go in the industry with on-chain accounting and is exploring new ways to prove reserves. In addition, they announced a $500k developer grant program to encourage others.…

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CryptoSlate Wrapped Daily: FTX took $3.7B loss in 2021; Coinbase reveals Grayscale Bitcoin reserves

The biggest news in the cryptoverse for November 21 includes FTX’s call to other exchanges to expect and prevent hacker cash outs, Coinbase disclosing Grayscale’s 635,000 Bitcoin reserve, and Bank of England’s claims that blame the FTX crash on the FTT token run.

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Grayscale cites security concerns for withholding on-chain proof of reserves

Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses.

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Binance lags behind Coinbase, Kraken and Gate.io in proof of reserves initiative

On November 8, Changpeng Zhao — the CEO of the world’s leading crypto exchange, Binance — suggested that cryptocurrency exchanges should provide proof of reserves. Still, his exchange ended up not being one of those that led by example regarding this initiative.…

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Kraken, Coinbase and Gate.io publish proof of reserves with liabilities

Prominent crypto exchanges Kraken, Coinbase and Gate. io became the first exchanges to publish proof-of-reserves, including liabilities, as part of their audits. The post Kraken, Coinbase and Gate.

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Crypto Exchange Coinbase Could Earn $1.2B in Revenue Next Year From Higher Interest Rates, JPMorgan Says

The added revenues would mainly come from the exchange's revenue share on interest income from USDC reserves.

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Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels

Bitcoin has been leaving Coinbase’s wallets in 2021, while BTC exchange reserves on Binance tell a different story.

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ICYMI: USDC Reserves…

Learn about working at Coinbase: https://www.coinbase.com/careers - Medium

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Coinbase’s BTC reserves fall to the lowest level since December 2017

Coinbase, the leading cryptocurrency exchange in the US, has recorded a significant outflow of coins over the past few weeks. A report unveiled this news on September 1, citing data from on-chain data analysis firm Glassnode.

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USDC to consolidate reserves into cash and US treasuries

Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September.

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USDC Stablecoin Reserves To Be Held In Cash and U.S Treasuries: Circle

From September this year, USDC stablecoin will be 100% backed by cash and short-term US government treasuries. This is according to the Centre Consortium, the organization that manages the cryptocurrency, which is backed by Circle Financial And Coinbase.

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Circle Reverts to More Conservative Investment Profile for USDC Reserves

President and chief operating officer at Coinbase, Emilie Choi, has posted an update on the reserves of the world’s second-largest stablecoin, USDC. The post Circle Reverts to More Conservative Investment Profile for USDC Reserves appeared first on BeInCrypto.

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Coinbase to Invest $500 Million in Bitcoin And Speculative Altcoins

Coinbase has updated its investment policy to include a 10% quarterly income allocation in Bitcoin and other cryptocurrency and also committed to investing $500 million of its $4 billion in reserves into crypto.

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Coinbase Changes 100 Percent Dollar-Backed Claim for USDC on Its Website

The largest cryptocurrency exchange in the United States, Coinbase, has altered its description of the USD Coin (USDC) page on its website, following the latter’s revelation of its assets reserves.

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Coinbase Launches High Yield USDC Accounts With 4% APY

Coinbase, the largest exchange in terms of crypto reserves held, has announced the introduction of a savings program tied to usd coin. The company’s high yield USDC savings program allows customers to gain 4% APY interest on stablecoin accounts.

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Bitcoin buyers mean business as Coinbase reserves drop $8B in 3 months

Demand for Bitcoin remains solid and is fuelling a "supply shock" that shows no sign of abating, even at $50,000 and higher.

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New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD

The stablecoin is built on Ethereum leveraging Circle, Coinbase, and Blockchain Labs frameworks. Audit reports on the reserves will be released quarterly, the report states. The post New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD first appeared on BitcoinExchangeGuide.

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ETH Miner Balance & Exchange Reserves Record a Big Drop

The price of Ethereum is moving closer and closer to its all-time high of $1,420 with each passing day. On Wednesday, the digital asset surged to about $1,230 on Coinbase, a level last seen in the mid of January 2018.

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Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges

On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.

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USD Coin Treasury Mints Another $1.5M USDC

Another batch of the Coinbase-backed USD Coin (USDC) has just been minted. $1. 5M worth of USDC will soon be entering the market. USD Coin (USDC), a stablecoin backed by Coinbase and Circle, has been quickly ramping up its issuances as it expands its reserves.

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Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years

Balaji Srinivasan, a former partner at a16z and former CTO at Coinbase, has said that in the future, every nation state may have to hold crypto. Srinivasan, who now operates as an angel investor, said: “Ten years after the launch of Bitcoin, the President of the United States and the Chair of the Federal Reserve […] The post Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years appeared first on CCN Markets

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During Bullish April, Fiat-to-Crypto Exchanges Outperform Crypto-to-Crypto

In its April 2019 Exchange Review, released on May 20, 2019, London-based crypto data analysis firm CryptoCompare found that fiat-to-crypto exchanges performed much better than crypto-to-crypto platforms did over the last month, as cryptocurrency prices rose across the board.

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Tether Scandal Sparks Bitcoin Price Gains; Litecoin, Bitcoin Cash Up 4%-11%

By CCN. com: The bitcoin price has increased from $5,173 to $5,297 on major regulated crypto exchanges including Coinbase in the past 24 hours, by 2. 3 percent. Major crypto assets such as Litecoin and Bitcoin Cash spiked by 4 to 11 percent against the U.

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Singapore’s GIC Invested in Cryptocurrency Exchange Coinbase But it Remains Undisclosed

GIC Private Limited, a sovereign wealth fund established by Singapore’s government in 1981 to manage the country’s foreign reserves was among the investors who participated in Coinbase’s $300 million fundraising round last year, Bloomberg reported on Feb.

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Living on Bitcoin for a Week in San Francisco

When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary.

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Стейблкоин USD Coin успешно прошел повторный аудит

Выпущенный компаниями Circle и Coinbase стейблкоин USD Coin (USDC) прошел повторный аудит, подтвердивший его обеспеченность заявленным количеством долларов США. Independent accounting firm Grant Thornton LLP issues second attestation report on US Dollar reserves backing USD Coin (USDC) in circulation.

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Повторный аудит USD Coin подтвердил обеспеченность стейблкоина твердой валютой

Выпущенный компаниями Circle и Coinbase стейблкоин USD Coin (USDC) прошел повторный аудит, подтвердивший его обеспеченность заявленным количеством долларов США. Independent accounting firm Grant Thornton LLP issues second attestation report on US Dollar reserves backing USD Coin (USDC) in circulation.

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Top 5 CPA Firm Confirms Funds in First Attestation of Circle’s USDC

Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.

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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

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A New Australian Dollar-Backed Stablecoin Slated to Launch on Stellar

Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.

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Bahrain Are Setting Up For A Crypto Adoption Overhaul

The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact.

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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.

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Kraken: An Overview of One of Europe's Top Bitcoin Exchanges

In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.

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Stronghold and IBM Collaborate to Launch FDIC-Insured Stablecoin on Stellar

Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. Stronghold USD will be backed with “one-to-one U.

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