Tag Archives: coinbase

Coinbase Paving the Way for Institutional Investors with Four New Products

Coinbase Paving the Way for Institutional Investors with Four New Products

Coinbase are attempting to lure institutional investors to the cryptocurrency market by launching four new products. The established digital currency exchange company announced today that they will introduce: Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group, and Coinbase Prime. Coinbase Respond to Feedback from Institutional Investors For several years now those involved in the […]

Facebook ‘Exploring’ Making Its Own Cryptocurrency, Media Report

Facebook ‘Exploring’ Making Its Own Cryptocurrency, Media Report

Facebook is reportedly “exploring” the creation of its own cryptocurrency, news media outlet Cheddar reported May 11. According to Cheddar’s anonymous sources, people “familiar with Facebook’s plans,” the social media giant is “very serious” about plans to launch an in-app virtual coin. The unconfirmed information comes the same week the platform announced that David Marcus, head of its Messenger app, […]

Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry

Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry

Coinbase, the U.S.-based cryptocurrency exchange startup, has posted part of its response to New York Attorney General Eric Schneiderman’s ongoing inquiry. “We applaud the [Office of the Attorney General] for taking action to bring further transparency to the virtual currency markets,” Coinbase’s chief legal and risk officer Mike Lempres wrote in a five-page letter. Schneiderman’s office launched a “fact-finding […]

Coinbase Seeks SEC Approval to Become Licensed Brokerage

Coinbase Seeks SEC Approval to Become Licensed Brokerage

Coinbase has made moves to become registered with the US Security Exchange Commission as a licensed brokerage firm and electronic-trading venue according to the Wall Street Journal. Coinbase Seeks SEC Approval The San Francisco based company is one of the largest platforms in the world for trading Bitcoin and other cryptocurrencies. It is currently valued at $1.6 billion […]

Coinbase Launches Venture Fund To Support Young Crypto Companies

Coinbase Launches Venture Fund To Support Young Crypto Companies

Crypto exchange and wallet Coinbase has announced that they will be launching Coinbase Venture, a fund to finance “compelling” companies in the crypto space, according to a Coinbase blog post published Thursday, April 5.  Coinbase writes that they will be “providing financing to promising early stage companies that have the teams and ideas that can move the space forward […]

Strong Words, Little Action: ICOs Draw Fire at US Congress Hearing

Strong Words, Little Action: ICOs Draw Fire at US Congress Hearing

“Congress has a responsibility to ensure that investors are protected without unduly preventing growth.” So said U.S. Rep. Randy Hultgren of Illinois during a Wednesday hearing of the House Capital Markets, Securities and Investment Subcommittee, which met to ask questions on the topic. Drawing a mix of academic and industry witnesses, the hearing highlighted some of the […]

Coinbase Releases Tax Calculator But Many Users Will Likely Not Qualify

Coinbase Releases Tax Calculator But Many Users Will Likely Not Qualify

US exchange and wallet provider Coinbase released tax reporting tools for users to file to US authorities on March 13. In a blog post, Coinbase announced some users could use its form generation options to calculate tax owed on cryptocurrency gains ahead of this year’s Internal Revenue Service (IRS)reporting deadline of April 17. The move comes following years of struggle between the […]

Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors

Crypto Exchange Coinbase Launches Four-Coin Index Fund, Only For Accredited Investors

Crypto exchange and wallet Coinbase has announced the creation of both the Coinbase Index Fund and Coinbase Index in a Medium post yesterday, March 6. The Coinbase Index Fund, whose “basket of digital assets” includes all of the Coinbase exchange GDAX’s four coins — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) — is open to all US-resident accredited investors–defined by those having a net worth of more than $1 mln or […]

Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees

Bitcoin Transaction Volume Hits Two-Year Low, Despite Rock-Bottom Fees

Bitcoin’s sideways price action has led to the lowest number of confirmed transactions per day since March 2016, according to Blockchain.info. Data shows BTC transactions falling in line with downward trends in price since the all-time highs of December 2017. The number of transactions reached a two-year low on Feb. 26 with only 180,000 confirmed transactions, while Sunday, March 4 saw […]