Coinbase

  • Significant Bitcoin Transfer from Coinbase to Unknown Wallets

    According to reports, data shows that 2276 BTCs (valued at approximately $61901684) have been transferred from Coinbase to unknown wallets. 2276 BTC transferred from Coinbase to unknown wallet Analysis based on this information:The cryptocurrency market has once again been hit by a major transfer of Bitcoin from Coinbase to unknown wallets. This news is based on reports that state that 2276 BTCs, which have a value of approximately $61901684, were transferred from Coinbase, one of the leading crypto exchange platforms, to unknown wallets. This significant transfer has raised concerns among investors and analysts about the possible impact on the market. Bitcoin is the most popular cryptocurrency, and its value is largely determined by the market demand, supply, and trends. Therefore, any significant transfer from major exchange platforms like Coinbase can have a significant impact on the overall market. In this case, the transfer of 2276 BTCs is a huge amount and indicates a large movement of funds. Moreover, the fact…

    4days ago
    3
  • Huge Bitcoin Transaction Fuels Speculation About Market Behavior

    According to reports, WhaleAlert data shows that 1167 BTCs (valued at approximately $314168,07) have been transferred from unknown wallets to Coinbase. 1167 BTCs transferred from unknown wallets to Coinbase Analysis based on this information:WhaleAlert, the service that tracks large cryptocurrency transactions, has reported that an unknown entity has transferred a huge amount of Bitcoin (BTC) to Coinbase. The 1167 Bitcoin transferred to the exchange is currently valued at around $314,168.07, which is a significant sum. The WhaleAlert report, which was posted on Twitter and shared widely, immediately fueled speculation about the behavior of the Bitcoin market. To put this transaction into context, it’s important to note that Coinbase is one of the largest cryptocurrency exchanges in the world, and a popular choice for BTC traders. The fact that such a large amount of Bitcoin – worth over $314,000 – has been transferred to it is significant. There are a few possible reasons for this transaction, ranging from institutional investment to…

    4days ago
    2
  • Coinbase Considering Offshore Platform to Launch Permanent Swaps

    According to reports, two sources said that Coinbase, the cryptocurrency exchange, is exploring the launch of an offshore platform to launch permanent swaps related to cryptocurrencies, as the company hopes to break the status quo of the industry dominated by its competitor, Coinbase. According to people familiar with the matter, Coinbase has briefed market makers and trading companies on plans to launch the platform in offshore jurisdictions, where permanent swap contracts will be included. Derivatives provide traders with a more capital efficient way to bet on the underlying cryptocurrency market. Source: The proposed overseas platform of Coinbase will provide derivatives trading Analysis based on this information:Coinbase, one of the largest cryptocurrency exchanges in the world, is reportedly exploring an offshore platform to launch permanent swaps related to cryptocurrencies. The move is aimed at challenging its competitors and breaking the status quo of the industry. Two sources familiar with the matter have stated that Coinbase has briefed market makers and trading…

    5days ago
    2
  • Coinbase Plans to Expand Services Globally

    According to reports, Coinbase, a cryptocurrency exchange, said it was in discussions with customers to develop a new overseas (trading) platform. (Jin Shi) Coinbase: Negotiating with customers to develop a new overseas trading platform Analysis based on this information:One of the largest and well-known cryptocurrency exchanges, Coinbase, has reportedly announced plans to develop a new overseas trading platform. The move comes as more users worldwide are showing interest in digital assets, with cryptocurrencies being one of the most popular. The firm has already laid the groundwork for the new platform by starting discussions with customers around the world with the aim of expanding their global reach and providing a more user-friendly service. The development of the new trading platform reflects Coinbase’s ambition to increase their market coverage, particularly in parts of the world where the demand for cryptocurrencies is high. With traditional financial intermediaries gradually losing their grip, digital assets are becoming an increasingly attractive investment option. However, navigating the…

    03/17/2023
    2
  • XRP may be relisted on Coinbase

    According to reports, Paul Grewal, the chief legal officer of Coinbase, said that XRP may be re listed in Coinbase, but it will require some legal steps, but ultimately depends on the judge’s ruling and Coinbase’s evaluation of the court’s ruling. Paul Grewal explained that many things will depend on the details of court rules. “I know this won’t satisfy some people very much, but as a publicly traded company, Coinbase does have a responsibility to exercise caution in this area and respect any claims that this is a subject of federal court litigation.”. Chief Legal Officer of Coinbase: XRP may be re listed in Coinbase, depending on the judge’s decision Analysis based on this information:According to reports, Coinbase’s chief legal officer, Paul Grewal, recently stated that XRP may be relisted on Coinbase in the future. However, this would require some legal steps to be taken, and ultimately, the decision rests on the judge’s ruling and Coinbase’s evaluation of the…

    03/17/2023
    2
  • Large Bitcoin Transfer to Coinbase

    According to reports, according to WhaleAlert data monitoring, 1500 BTCs (approximately $39104987) were transferred from unknown wallets to Coinbase. 1500 BTCs transferred from unknown wallets to Coinbase Analysis based on this information:Recently, the cryptocurrency market has been buzzing with the news of a large transfer of Bitcoin from anonymous wallets to Coinbase. According to WhaleAlert, a website that closely monitors blockchain transactions, 1500 BTCs worth $39,104,987 were transferred from unknown wallets to Coinbase. The identity of the sender or the reason for the transfer remains a mystery. Bitcoin, the world’s most popular cryptocurrency, operates on a decentralized platform, allowing users to transfer funds without the need for intermediaries like banks. WhaleAlert monitors blockchain transactions, tracking the movement of funds from one wallet to another. It’s used as a tool by many traders and investors to keep track of large transactions and predict future market movements. The transfer of such a significant amount of Bitcoin to Coinbase has sparked speculation among…

    03/17/2023
    2
  • Republic Capital Transfers 24.5 Million MATICs to Coinbase

    On March 17th, according to Spot On Chain data monitoring, Republic Capital transferred 24.5 million MATICs (approximately US $27.2 million) to Coinbase, and the price of the MATIC when transferring to Coinbase was US $1.11. Republic Capital was one of the investors in Polygon’s $450 million private equity financing early last year and received the asset from Polygon Ecosystem Growth on January 18, 2023 as part of the asset ownership. Republic Capital transferred 24.5 million MATICs into Coinbase, approximately $27.2 million Analysis based on this information:According to the Spot On Chain data monitoring, Republic Capital has transferred 24.5 million MATICs, approximately worth US$27.2 million to Coinbase on March 17th. This transfer came from Republic Capital’s crypto asset ownership received from Polygon Ecosystem Growth. Republic Capital was one of the early investors in Polygon’s $450 million private equity financing last year. MATIC is the native token of Polygon, a layer-two protocol that aims to solve the scalability and interoperability issues faced…

    03/17/2023
    2
  • Coinbase progresses with Layer 2 network base; 18000 developers and 55000 deployments in the first week

    According to reports, Coinbase released progress on the Layer 2 network base, with over 18000 developers releasing 55000 smart contract deployments on the base testing network in the first week; The number of Foundations for the Base, Introduced NFT released in collaboration with Zora reached 485000 in the first week. Coinbase: L2 network Base testing 55000 smart contracts deployed online Analysis based on this information:Coinbase, one of the most popular cryptocurrency exchanges, has reported impressive progress on its Layer 2 network base, which has caught everyone’s attention. In the first week of its release, over 18000 developers joined the platform and deployed a whopping 55000 smart contracts on the network’s testing base. The numbers are undeniably massive, testifying cryptocurrency’s industry’s increasing popularity and its growing significance in the global economy. Although Coinbase’s Layer 2 has been just released, the number of smart contract deployments indicates a shift towards decentralized finance (DeFi) applications. DeFi refers to financial applications built on blockchain…

    03/17/2023
    2
  • Coinbase allows users to cancel their ETH pledge following Shanghai upgrade

    According to reports, Coinbase stated on Twitter that around 24 hours after Shanghai Capella upgraded to the Ethereum network, Coinbase will begin accepting requests to cancel the pledge, which will allow users to cancel the pledge of ETH. However, this does not mean that users will be able to immediately cancel the pledge of their ETH. Because Coinbase said, “The Ethereum agreement controls the process of canceling the pledge, and we are just pipelines. We cannot share the exact waiting time when you request to cancel the pledge.” Coinbase currently provides a 6.0% mortgage ETH annual return. Coinbase: The request for cancellation of pledge will begin to be accepted 24 hours after the Shanghai Capella update Analysis based on this information:Coinbase, one of the leading cryptocurrency exchanges, has announced on Twitter that it will allow users to cancel their pledge of ETH following Shanghai Capella’s upgrade to the Ethereum network. However, Coinbase advises that users should not expect an immediate…

    03/16/2023
    2
  • Sun Yuchen Moves $351.6 Million USDCs to Coinbase, Resumption of Conversion Boosts Confidence in Cryptocurrencies

    On March 16th, according to Lookonchain monitoring, Sun Yuchen has transferred 351.6 million USDCs to Coinbase after Coinbase resumed the conversion of USDCs to US dollars. Sun Yuchen has transferred over 350 million USDCs in total after recovering the conversion between USDCs and US dollars in Coinbase Analysis based on this information:The cryptocurrency market is ever-evolving, and recent developments have shown that conversion is crucial to the adoption of digital assets in the mainstream. On March 16th, the monitoring agency Lookonchain reported that Sun Yuchen, a prominent figure in the crypto world, had transferred a whopping 351.6 million USDCs to Coinbase, following the platform’s resumption of conversions of the stablecoin to US dollars. Sun Yuchen, the founder of Tron, BitTorrent, and Poloniex, is best known for his savvy business moves in the industry. This transfer indicates that Yuchen is bullish on USDCs and the potential for cryptocurrencies to become a widely-accepted means of payment. Moreover, it signals investor confidence and…

    03/16/2023
    2
  • Large Transfer of Bitcoins to Coinbase

    According to reports, 1760 BTCs were transferred from unknown wallets to Coinbase at 13:56 today, with a value of approximately $42.94 million. BTC valued at approximately $42.94 million transferred to Coinbase Analysis based on this information:The world of cryptocurrencies is known for its fast-paced, unpredictable nature. The market frequently experiences sudden price surges or drops, and investors are always on their toes to keep up with any event that might affect their trading. A new development in the world of Bitcoin has been reported today, indicating that 1,760 BTCs were transferred from unknown wallets to Coinbase at 13:56. The total value of this transfer is over $42.94 million, which is a significant amount in the crypto world. Coinbase is a popular platform where traders can buy and sell their cryptocurrencies. It has become one of the most trusted cryptocurrency exchanges globally and handles a large percentage of Bitcoin transactions. Many traders and investors use Coinbase as a safe haven for…

    03/16/2023
    2
  • Coinbase now enables Singapore customers to transfer funds

    According to reports, “Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks.” Brian Armstrong, CEO of Coinbase, said on Twitter, “In creating a clear regulatory manual for cryptocurrencies, the regulatory environment in the United States lags behind other major financial centers (the United Kingdom, Singapore, Hong Kong, China, etc.). We will adjust our investments accordingly.” CEO of Coinbase: The corresponding investment will be adjusted because the regulatory environment in the United States lags behind other major financial centers Analysis based on this information:Coinbase has announced that it will allow Singaporean customers to transfer funds in or out of their accounts via local banks. This update will prove beneficial to the cryptocurrency exchange platform’s customer base in Singapore, where users can now easily deposit or withdraw funds to pay for goods and services. Coinbase’s CEO, Brian Armstrong, acknowledged that the regulatory environment in some countries is more favorable to cryptocurrencies than…

    03/16/2023
    1
  • Coinbase announces acceptance of cancellation requests for Ethereum network

    On March 16th, Coinbase stated in a blog post that within 24 hours after Shanghai Capella (Shapella) was upgraded to the Ethereum network, Coinbase would begin accepting requests for cancellation of pledges. Coinbase pointed out, “The process of canceling the pledge is controlled by the Ethereum agreement, and we are only a channel. Therefore, it is unclear how long it will take to cancel the pledge.” Coinbase will accept the request for pledge ETH withdrawal after the upgrade of Ethereum Shapella, and U.S. users may need to pay taxes Analysis based on this information:Coinbase’s recent announcement about accepting cancellation requests for the Shapella upgrade to the Ethereum network within 24 hours is an interesting development in the cryptocurrency space. This new feature highlights the growing importance of trust and transparency in cryptocurrency transactions, especially since the process of canceling the pledge is now solely controlled by the Ethereum agreement. This announcement by Coinbase is significant because it highlights the platform’s…

    03/16/2023
    1
  • Suspension of Transactions on Coinbase for Selected Cryptocurrencies

    On March 16th, Coinbase said on Twitter that, based on recent reviews, transactions involving Rally (RLY), DFIMoney (YFII), Mirror (MIR), OMG Network (OMG), LoomNetwork (LOOM), and Auger (REP) will be suspended around 0:00 Beijing time on March 30th. Transactions on Coinbase.com, CoinbasePro, Coinbase Exchange, and Coinbase Prime will be suspended. However, user funds can still be accessed and withdrawn at any time. Coinbase will suspend the transactions of six types of Tokens such as YFII and MIR Analysis based on this information:Coinbase is a digital currency exchange platform that provides a secure platform for buying, selling, and storing cryptocurrencies. On March 16th, Coinbase tweeted about the suspension of transactions involving six cryptocurrencies, namely Rally (RLY), DFIMoney (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP). The suspension is set to take place around 0:00 Beijing time on March 30th. The tweet mentions that the suspension of transactions will affect Coinbase.com, CoinbasePro, Coinbase Exchange, and Coinbase Prime, which…

    03/16/2023
    2
  • Coinbase Reports Successful Fix for Intermittent Landing Issue

    According to reports, Coinbase said that the problem of intermittent landing had been solved. Coinbase intermittent login problem has been solved Analysis based on this information:In the world of cryptocurrency, Coinbase has become a household name. As one of the most popular and user-friendly platforms for buying, selling, and trading cryptocurrencies, Coinbase boasts a userbase of over 35 million people. However, like any technology platform, Coinbase has had its fair share of technical issues over the years. One of the most recent issues reported by users was an intermittent landing issue, which prevented users from accessing the platform. According to recent reports, Coinbase has announced that this intermittent landing issue has been successfully solved. While the exact nature of the issue has not been disclosed, it is clear that this was a significant problem for Coinbase and its users. The company has stated that they are continuing to monitor the situation and will provide updates if needed. Many users are…

    03/15/2023
    1
  • The voyager of cryptocurrency arrives in Australia supported by CNHC Group

    12:00-21:00 Keywords: Voyager, Coinbase, CNHC Group, Australia Overview of important developments on the evening of March 15th Analysis based on this information:From 12:00 to 21:00, the cryptocurrency market sees constant movement, and the voyager of cryptocurrency, Coinbase, has landed in Australia with the support of CNHC Group. The entrance of Coinbase into the Australian market represents a milestone for the cryptocurrency industry as it will expand the adoption of cryptocurrencies in the country. Coinbase has been a pioneer in the cryptocurrency market and provides users with a safe and secure platform to buy, sell and store their cryptocurrencies. CNHC Group has pledged to support Coinbase as it enters the Australian market by acting as a service partner for Coinbase. This partnership confirms CNHC group’s dedication to promoting the market entry of cryptocurrencies in Australia to start a new phase of high-quality development for the industry. Australia has one of the highest rates of cryptocurrency adoption in the world. In 2020,…

    03/15/2023
    1
  • Mysterious Transfer Sends over $42 Million Worth of ETH to Coinbase

    According to reports, 25000 ETHs were transferred from unknown wallets to Coinbase at 14:49 today, with a value of approximately $42.95 million. The transaction hash is 0xc48808a2e7cdc5dfc80dc731f679619b4245dfa4d11963b3641d7826720397b. About $42.95 million worth of ETH transferred to Coinbase Analysis based on this information:Reports have come in that a significant amount of Ethereum (ETH), valued at around $42.95 million, has been transferred from unknown wallets to Coinbase at exactly 14:49 (GMT) today. This transfer included a total of 25,000 ETH, which was sent in a single transaction via the Ethereum network. The transaction hash was identified as 0xc48808a2e7cdc5dfc80dc731f679619b4245dfa4d11963b3641d7826720397b, indicating the specific transaction on the blockchain. The timing of this transfer is an intriguing factor. It came during a period when the price of ETH was falling relative to Bitcoin (BTC) amid the recent market downturn. All plausible assumptions appear to be indicating that the mysterious wallet holders transferred their ETH holdings to Coinbase with the intention of taking some amount of profit as…

    03/15/2023
    1
  • Massive Crypto Transfer to Coinbase by Voyager

    On March 15th, according to Paidun monitoring data, in the past 12 hours, the address marked as Voyager has transferred cryptocurrency valued at approximately $27.7 million to the crypto trading platform Coinbase, including 17000 ETHs (valued at approximately $19 million), 12 million VGX (valued at approximately $4 million), and 270 billion SHIBs (valued at approximately $3 million). Paidun: Voyager transfers cryptocurrency valued at approximately $27.7 million to Coinbase Analysis based on this information:The latest news in the world of cryptocurrency is that the address labeled as Voyager has transferred approximately $27.7 million worth of cryptocurrency to Coinbase. This news is based on the data monitored by Paidun on March 15th, and it reveals that the transfer was made within the last 12 hours. The cryptocurrency transferred to the Coinbase platform includes 17,000 ETHs valued at approximately $19 million, 12 million VGX, whose value is estimated to be around $4 million, and 270 billion SHIBs, valued at approximately $3 million, whose…

    03/15/2023
    1
  • Coinbase Teams Up with Standard Chartered to Facilitate Free Transfers for Singapore Users

    It is reported that the cryptocurrency exchange Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks. The company said in a statement that the transfer of Singapore dollars was provided by the traditional bank Standard Chartered without any charge. Coinbase: The transfer of Singapore dollars is provided by Standard Chartered Bank without any charge Analysis based on this information:Coinbase, the popular cryptocurrency exchange, has teamed up with Standard Chartered, a multinational banking and financial services company, to offer a new service for its Singapore customers. According to a recent statement by Coinbase, Singaporean users can now transfer funds into or out of their accounts through local banks, facilitated by Standard Chartered, without any charge. This move by Coinbase marks a strategic push to expand its offerings in the Asia-Pacific region, where cryptocurrencies have continued to gain popularity. Furthermore, it’s a major step towards facilitating crypto transactions in Singapore, where digital…

    03/15/2023
    1
  • Coinbase temporarily disables Binance USD (BUSD) transactions

    According to the report, Coinbase Assets posted on social media that although Coinbase has disabled the Binance USD (BUSD) transaction, the user’s BUSD funds can still be used, and the user can withdraw funds at any time. Coinbase: BUSD can still be extracted at any time Analysis based on this information:Coinbase, one of the largest cryptocurrency exchange platforms, recently posted on social media that they have disabled the Binance USD (BUSD) transaction option for their users. Although this move may have caused some inconvenience to users who regularly use BUSD for transactions, Coinbase assured them that their BUSD funds are still safe and can be used in other ways. According to Coinbase’s recent announcement, users can still access their BUSD funds and even withdraw them at any time. This means that BUSD wallet balances are not affected by the temporary disabling of BUSD transactions on Coinbase’s platform. Users can still hold, receive, and send BUSD to other wallets, but they…

    03/14/2023
    1