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.
Bitcoin has entered a period where preparations for quantum-resistant security should begin immediately, according to a new report from Coinbase’s independent advisory board of cryptography experts. According to the report published by Coinbase’s advisory board, the Bitcoin community should start…
Coinbase holds the highest amount of Bitcoin among all institutional holders, including Saylor's Strategy, but it is only ranked second on the Bitcoin rich list.
On Thursday, the Bitcoin Policy Institute (BPI) published a new report regarding the ongoing discussion in the US Congress about the Bitcoin de minimis tax exemption. This comes amidst Coinbase’s battle against accusations related to the issue that surfaced earlier this week.
Bitcoin logged its first positive Coinbase Premium since mid-January as BTC stabilized near $70,000, signaling easing sell pressure in defensive markets.
Coinbase’s Head of Investment Research, David Duong, has noted that advances in quantum computing present risks that extend beyond Bitcoin’s private key security, potentially introducing long-term challenges to the network’s economic and security models.
Coinbase CEO Brian Armstrong argued that Bitcoin ultimately strengthens the US dollar by acting as a market-based constraint on fiscal and monetary excess, framing the asset as a “check and balance” that could help the US retain reserve-currency credibility.
Bitcoin has retraced its recent recovery above $104,000 as data shows the Coinbase Premium Gap has continued to be negative. Bitcoin’s Coinbase Premium Gap Has Been Red Recently As pointed out by CryptoQuant community analyst Maartunn in a new post on X, investors on Coinbase keep selling Bitcoin.
Coinbase Asset Management is launching a new Bitcoin investment product targeting institutional investors. According to the company’s Apr. 28 official announcement, the Coinbase Bitcoin Yield Fund is designed to offer long-term exposure to Bitcoin (BTC) while providing a 4–8% net…
A recent analysis from a CryptoQuant analyst, known by the pseudonym ‘Avocado Onchain,’ has highlighted a notable development in the Bitcoin market. According to the analyst’s observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative.
Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday.
Quick Take According to an X account, Sani, the founder of TimeChainIndex. com, the Coinbase group currently custodies a total of 2,275,123 BTC, representing approximately 10. 83% of Bitcoin’s maximum supply of 21 million.
More Silk Road Bitcoin moved again after a U.S. government wallet sent 10,000 BTC to Coinbase. The U.S. government transferred Bitcoin (BTC) worth $593.5 million to its preferred crypto brokerage platform, Coinbase Prime, on Aug. 14, according to Arkham Intel.…
There has been a decrease in Bitcoin (BTC) trading activity by US-based holders on Coinbase.
The post Bitcoin (BTC) Trading on Coinbase Sees Decline as Price Fights to Reclaim $60,000 appeared first on BeInCrypto.
The US government seized 3,940 Bitcoin (worth $240 million) from a Silk Road vendor after a trial in January 2024. The wallet tagged to the US government just moved all the Bitcoin to a Coinbase account, sparking fears of a major sell-off.
The US government moved over $240 million worth of seized Bitcoin to Coinbase, stoking fears it may sell some of its massive Bitcoin reserves and cause downward price pressure.
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.
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.