Coinbase

  • Cathie Wood’s Ark Invest Buys $12.6 Million More Coinbase Shares Despite SEC Warning

    On March 27th, Cathie Wood\’s Ark Invest purchased another $12.6 million worth of Coinbase (COIN) shares last Friday, which was the second consecutive day that the fund purchased sh

    03/27/2023
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  • #12:00-21:00: Understanding the Connection Between G7, Do Kwon, Coinbase, and Avalanche

    12:00-21:00 Keywords: G7, Do Kwon, Coinbase, Avalanche
    Overview of important developments in the evening of March 26
    Are you familiar with G7, Do Kwon, Coinbase, and Avalanche? If

    03/26/2023
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  • Coinbase Plans to Support Crypto-Friendly US Election Candidates

    According to reports, Brian Armstrong, CEO of Coinbase, said that the exchange intends to start donating to candidates who support cryptocurrencies in the US election. The statemen

    03/26/2023
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  • “Sister Wood” Cathie Wood’s investment management company has suffered double blows

    According to reports, ARK Investment Management Company, a subsidiary of “Sister Wood” Cathie Wood, recently received a double whammy due to Hindenburg’s short selling report on Block and the threat of actions taken by the SEC against Coinbase, as both companies are her main shareholding targets. Block and Coinbase have always been Wood’s favorites. According to ARK’s innovative ETF related position data, Coinbase’s position ratio is 7.5%, while Block’s position ratio is 6.2%. Interpretation of this information: The recent events involving Hindenburg’s short selling report on Block and the SEC’s…

    03/24/2023
    138
  • Coinbase will visit the UK to meet with policy makers, regulators, and the media

    On March 24th, Coinbase announced on its social platform that its leadership team would visit the UK in a few weeks and meet with policymakers, regulators, and the media. The theme of the meeting may involve the EU’s comprehensive encryption regulatory framework, MiCA. Interpretation of this information: Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that its leadership team will be visiting the UK in the coming weeks to meet with policymakers, regulators, and the media. The theme of the meeting is likely to revolve around…

    03/24/2023
    119
  • Coinbase will upgrade its XTZ, ATOM, SOL, and ADA pledge services from March 24th to 29th

    According to reports, according to an official announcement, Coinbase released an update on the upgrade of XTZ, ATOM, SOL, and ADA pledge service plans on March 10th. Between March 24th and March 28th, customers will see their XTZ, ATOM, SOL, and ADA balances transferred to “revenue balances,” which represents pledged funds. Until the upgrade is completed on March 29th, customers will temporarily be unable to cancel the pledge of these assets or pledge more funds. After the upgrade is completed, the pledge and pledge cancellation will be restored. During the…

    03/24/2023
    129
  • Coinbase: investigating the transmission and reception delays of Bitcoin

    According to reports, Coinbase, a cryptocurrency exchange, is investigating the issue of transmission and reception delays in Bitcoin, and trading is not currently affected. Interpretation of this information: Cryptocurrency exchange Coinbase is reportedly investigating the issue of transmission and reception delays in Bitcoin. This is an important development as Bitcoin is one of the most popular cryptocurrencies and any issues with its transmission and reception could have a significant impact on the cryptocurrency market. It is not clear what is causing these delays or how long they have been occurring,…

    03/24/2023
    122
  • Ark Fund increased its holdings of approximately $17.8 million in Coinbase stock

    According to reports, Ark Invest, a subsidiary of Cathie Wood, increased its holdings of nearly $18 million in Coinbase stocks through two funds. Interpretation of this information: Ark Invest, a subsidiary of Cathie Wood, has once again expressed their bullishness towards Coinbase, the leading cryptocurrency exchange. According to reports, the investment management firm has increased its holdings of nearly $18 million in Coinbase stocks through two funds. The move reinforces Ark Invest’s long-term stance on cryptocurrency and blockchain technology, as well as their belief in Coinbase’s strong fundamentals. This is…

    03/24/2023
    125
  • Overview of important developments overnight on March 23rd

    21:00-7:00 Key words: US SEC, Coinbase, Starknet, Magic Eden Interpretation of this information: The US SEC has apparently approved cryptocurrency exchange platform Coinbase’s plan to list its shares on the Nasdaq stock exchange. This landmark decision has the potential to pave the way for similar companies to go public in the future, and it could also help legitimize the cryptocurrency industry in the eyes of traditional investors. Coinbase’s proposed listing has been eagerly anticipated by investors for some time, and the company’s high profile and popularity in the crypto space…

    03/23/2023
    134
  • CEO of Coinbase repeatedly tweeted criticizing the US SEC for being “unfair and unreasonable”

    According to reports, Brian Armstrong, CEO of Coinbase Global Inc., a cryptocurrency exchange, said in a series of tweets that he welcomed the plan of the United States Securities and Exchange Commission (SEC) to take enforcement action against the cryptocurrency exchange, as it was an opportunity to bring the case to court and could also reveal that regulators were neither “fair, reasonable, nor even lacking seriousness in purpose” when dealing with digital assets. Interpretation of this information: The reports reveal that Brian Armstrong, the CEO of Coinbase Global Inc., has…

    03/23/2023
    130
  • The US SEC has issued a Wells notification to Coinbase stating that it may violate securities laws

    According to reports, Coinbase stated that it had received a “Wells Notice” from the Securities and Exchange Commission of the United States (SEC), investigating some of its online digital assets and pledge services, Coinbase Earn, Coinbase Prime, and Coinbase Wallet. Coinbase stated that the Wells notification did not provide much information. The SEC staff simply stated that potential violations of securities laws had been identified. Coinbase requested the SEC to indicate which assets on its platform might be securities, but was rejected by the SEC. Interpretation of this information: San…

    03/23/2023
    137
  • The US SEC has issued a Wells notification to Coinbase stating that it may violate securities laws

    According to reports, Coinbase stated that it had received a “Wells Notice” from the Securities and Exchange Commission of the United States (SEC), investigating some of its online digital assets and pledge services, Coinbase Earn, Coinbase Prime, and Coinbase Wallet. Coinbase stated that the Wells notification did not provide much information. The SEC staff simply stated that potential violations of securities laws had been identified. Coinbase requested the SEC to indicate which assets on its platform might be securities, but was rejected by the SEC. Interpretation of this information: Coinbase,…

    03/23/2023
    124
  • Oppenheimer downgraded Coinbase stock due to receiving a Wells notification from the US SEC

    According to reports, Oppenheimer, an investment bank and broker-dealer, downgraded Coinbase’s stock rating, citing an unhealthy regulatory environment after Coinbase received the Wells Notice from the Securities and Exchange Commission. Interpretation of this information: Coinbase, a leading US cryptocurrency exchange platform, has been facing regulatory scrutiny in recent months. The Securities and Exchange Commission (SEC) indicated that it may sue Coinbase over its upcoming product, Lend, which would allow customers to earn interest on their crypto holdings. Coinbase received a Wells Notice from the SEC, which means it will be…

    03/23/2023
    117
  • Coinbase CEO and other executives have sold $7.4 million worth of shares within 30 days

    On March 23rd, according to Dataroma data, insiders of Coinbase, the cryptocurrency exchange (including CEO Brian Armstrong and other executives), have sold approximately $7.4 million worth of company shares in the past 30 days, including Brian Armstrong, who sold approximately $5.8 million worth of shares. He sold approximately 60000 shares for $3.56 million from March 3-15, and approximately 30000 shares for $2.24 million on March 21. Interpretation of this information: The recent news that insiders of Coinbase have been selling a significant amount of company shares has raised eyebrows among…

    03/23/2023
    121
  • Coinbase to launch Arbitrum native token ARB

    According to reports, Coinbase, the cryptocurrency exchange, announced that it would support the upcoming native token ARB launched by Arbitrum and trade online on the platform. The announcement states that the USD-ARB trading pair on Coinbase will be launched in stages. The exchange also stated that ARB trading will not be available in some supported jurisdictions, but did not provide any further details. Some users may face delays in depositing on the Arbitrum network, and are currently working to resolve this issue. According to the notice of Coinbase, the contract…

    03/23/2023
    130
  • Coinbase will suspend Algorand pledge awards from March 29

    On March 23rd, Coinbase (COIN) announced that it would no longer provide Algorand token (ALGO) pledge incentives from March 29th. The token can still be used for transactions. A Coinbase spokesperson did not provide a reason for terminating the Algorand award, but stated in an email that “all awards for the Algorand governance period ending March 31 will be paid in early April.”. A spokesman for Coinbase said, “Coinbase cooperates with asset issuers to provide rewards and continuously reassesses our products to ensure the best customer experience. We have decided…

    03/23/2023
    131
  • Coinbase will suspend Algorand pledge awards from March 29

    On March 23rd, Coinbase (COIN) announced that it would no longer provide Algorand token (ALGO) pledge incentives from March 29th. The token can still be used for transactions. A Coinbase spokesperson did not provide a reason for terminating the Algorand award, but stated in an email that “all awards for the Algorand governance period ending March 31 will be paid in early April.”. A spokesman for Coinbase said, “Coinbase cooperates with asset issuers to provide rewards and continuously reassesses our products to ensure the best customer experience. We have decided…

    03/23/2023
    135
  • BTC valued at approximately $43.13 million transferred to Coinbase

    According to reports, 1591 BTCs were transferred from unknown wallets to Coinbase at 06:43 today, with a value of approximately $43.13 million. Interpretation of this information: The movement of large amounts of Bitcoin can often indicate significant changes or developments on the cryptocurrency market. In this case, reports show that 1591 BTCs have been transferred from unknown wallets to Coinbase, one of the largest cryptocurrency exchanges in the world. This transfer occurred at 6:43 AM, and the value of the Bitcoin at the time was approximately $43.13 million. It’s important…

    03/23/2023
    120
  • BTC valued at approximately $47.17 million transferred to Coinbase

    According to reports, 1678 BTCs were transferred from unknown wallets to Coinbase at 07:25 today, with a value of approximately $47.17 million. Interpretation of this information: The cryptocurrency market experienced a significant movement today, as reports emerged that 1678 BTCs were transferred from unknown wallets to Coinbase. The transaction was executed at 07:25, and the value of the transfer was approximately $47.17 million. This news has generated mixed reactions among market observers, with some interpreting it as a bullish sign, while others see it as a bearish signal. On the…

    03/22/2023
    134
  • Coinbase: The issue of customer litigation belongs to private arbitration

    According to reports, US Supreme Court judges have disagreed over Coinbase’s attempt to stop client lawsuits, which Coinbase (COIN. O) claims are private arbitrations. Interpretation of this information: The recent news surrounding Coinbase, the popular cryptocurrency exchange, is that it has found itself in a legal battle with clients seeking to sue the company. Coinbase claims that these lawsuits should be dealt with privately and through arbitration, rather than being taken to court. However, the US Supreme Court has reportedly been split in its decision on the matter. This case…

    03/22/2023
    121