A look at Coinbase Pro's BTC price premium suggests that selling is underway on Thursday, as Bitcoin falls 7% in 24 hours.
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.
Bison Trails, a leading blockchain infrastructure platform, has been acquired by the San Franciso-based exchange.7332
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.12202
The U.S. digital currency exchange plans to significantly increase its service offerings this year.14804
Titan secured funding from Coinbase to offer a U.S.-developed software suite for miners.7384
Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend.20525
BitGo has hired a former Coinbase compliance officer following a $98,000 settlement with the U.S. Treasury.3848
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers.11016
A surge in excess of 20% accompanies the 12 hours after Bitcoin bounced off $30,000, but questions over the events are mounting.61722
Amid the chaos that was 2020, crypto companies inked almost $700 million worth of mergers and acquisitions.25318
Major crypto exchange Coinbase appears to be operating smoothly even as Bitcoin sets a new price high above $41,000.26557
The exchange seeks to improve its Prime suite of brokerage tools for institutions.21784
Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit.4521
Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation.22359
The price of Bitcoin surged past $32,000 as buyers on Coinbase aggressively accumulated BTC.106538