A breakout above $41,000 provoked selling near a key moving average but the move could just be a lower support retest.
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
Pension funds are looking to crypto investments despite the recent market sell-off.6417
After announcing the shutdown of its San Francisco headquarters last month, Coinbase is reportedly quietly setting up its second office in New York.6956
Kraken CEO Jesse Powell is having second thoughts about a direct listing in light of Coinbase going public and is potentially leaning toward an IPO instead.10706
Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys.10233
Dogecoin's listing on Coinbase and subsequent 40% price surge heralded the return of the whales.13527
The Dogecoin bull run is not over thanks to its Coinbase listing and simultaneous DOGE price rally.18708
The meme coin’s renewed surge comes shortly after a listing on Coinbase and renewed meme posting by Elon Musk on Twitter.16526
DOGE trading will be rolled out in three phases, the exchange said. Traders will be able to access the coin via BTC, ETH, USDT, the U.S. dollar and the euro.19273
Whitelisted Coinbase Card users will be able to use crypto to pay via Apple Pay and Google Pay while earning up to 4% in rebates.15144
Coinbase has launched a fact-checking portal to combat “misinformation and mischaracterizations about Coinbase or crypto” being shared online.19605
Pintu is a new cryptocurrency exchange in Indonesia, licensed as a crypto broker under Bappebti and the Ministry of Communication and Informatics.13838
With expansion comes a greater focus on policy and regulatory issues. Coinbase’s hire comes with decades of experience in the public and private sectors.12626
Coinbase stock is the best way for investors to gain exposure to the crypto industry and avoid volatility, according to Goldman Sachs analysts.22215
After banning crypto trading in 2017, China is less affected by movements on the crypto market in terms of its blockchain-tied equity market.9232