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Coinbase Pro Dogecoin Deposits Now Open — Trading Begins on June 3

The notorious dogecoin will be open for trading on Thursday, June 3, on the popular trading platform Coinbase Pro. In mid-May, Coinbase CEO Brian Armstrong revealed the meme-inspired crypto asset would be listed in six to eight weeks. It only took 18 days to get dogecoin added to Coinbase Pro but the coin is not yet added to the consumer application Coinbase.com. Coinbase Pro Opens the Dogecoin Gates Crypto traders can start depositing dogecoin (DOGE) to their Coinbase Pro accounts today, according to a blog post published on Tuesday. If liquidity conditions are met, trading will begin on June 3…

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Fact check: Has Coinbase launched a decentralized fact checking portal?

Coinbase has launched a fact-checking portal to combat “misinformation and mischaracterizations about Coinbase or crypto” being shared online. Coinbase CEO Brian Armstrong has announced the launch of what he’s calling a “Fact-Check" via the company’s blog. In a May 27 post titled “Announcing Coinbase Fact Check: Decentralizing Truth in the Age of Misinformation,” Armstrong expressed the firm’s desire to combat untrue assertions aimed towards Coinbase and the crypto industry as a whole: “We will use this section of the blog to combat misinformation and mischaracterizations about Coinbase or crypto being shared in the world.” The post was subtitled: “Every tech…

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Coinbase Stock Keeps Falling – Is it a Sell Signal for Bitcoin?

Despite what was a strong earnings performance for crypto exchange Coinbase (COIN) in its first report as a publicly-traded company, the stock hasn’t stopped falling since its direct listing. In its Q1 2021 earnings report, the Bitcoin exchange revealed a total revenue of $1.8 billion, compared with $585 million in Q4 2020. In addition, Coinbase reported that its total trading volume stood at $335 billion, with institutional investors trading the most, at $215 billion. Retail investors contributed $120 billion in the first three months of the year. Bitcoin is a Double-Edged Sword for Coinbase Coinbase said that Bitcoin accounted for…

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Coinbase Customers Can Soon Buy and Sell Dogecoin

Customers of Coinbase – one of the largest cryptocurrency exchanges in the world – are about to get a big surprise if they are Dogecoin fans. The asset – which has recently become the fourth largest cryptocurrency by market cap – will now be supported by the San Francisco-based trading platform, meaning clients can buy, sell, and trade the currency granted they have supported payment methods attached to their accounts. Coinbase Is Going to Support Dogecoin Dogecoin has been in the news a lot lately, primarily because it keeps getting attention from the likes of billionaires like Elon Musk. The…

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Kriptovaluta szabályozásról tárgyalt a Coinbase feje Washingtonban

Brian Armstrong, a Coinbase vezérigazgatója ismét Washingtonba utazott és egyértelmű szabályozásra szólította fel az Egyesült Államokat. Mint tudjuk Armstrong, aki nem mellesleg egy rendkívül introvertált üzletember, eddig még nem igazán járt sikerrel Washingtonban – kevés szilícium-völgyi kereskedőnek adatik meg ez az öröm. Az viszont biztos, hogy érdemes a politikusok felé nyitni, így Armstrong ismét a Capitoliumhoz fordult, hogy terjessze a Bitcoin és a Coinbase evangéliumát, és megkövetelje a kriptovaluta szabályozás egyértelművé tételét. Az elmúlt hetet tehát az USA fővárosában töltötte a kongresszus tagjaival, a szövetségi ügynökségek vezetőivel, Ron Conway kezdő befektetővel, valamint Katie Haun igazgatósági tag és Paul Grewal jogi…

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A Coinbase bejelentette, listázza a Dogecoint – a mémcoin árfolyama megugrott

A Dogecoin nem adja fel, a mémcoin árfolyama 30%-ot emelkedett, miután a Coinbase bejelentette, hogy hamarosan listázni fogja Elon Musk kedvencét. A kriptopénzek árfolyama az elmúlt napokban bezuhant, különösen a Dogecoiné. De az amerikai kriptotőzsde, a Coinbase mai bejelentése, miszerint hamarosan listázza a negyedik legnagyobb piaci kapitalizációval rendelkező kriptopénzt, lendületet adott a digitális pénznek. A Dogecoin a hír hallatán új életre kelt, csütörtökön még 0,38 dolláron kereskedtek vele, a cikk írásának idején már 0,522 dollárt ért egyetlen DOGE. Brian Armstrong, a Coinbase vezérigazgatója kijelentette, hogy a kriptotőzsde óriás a következő 4-6 hétre tervezi a DOGE kereskedésének indítását. A Dogecoin mémcoin, amelyet…

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Coinbase Announces San Francisco HQ Shutdown by 2022

Coinbase, the most prolific U.S.-based cryptocurrency exchange, has announced it will close the doors of its former San Francisco HQ by 2022, in its push to go 100% remote. Earlier the company had announced its intention of ditching the traditional office-based model to decentralize its operations and instead impulse work from home politics as part of its response to Covid-19. Coinbase to Shutdown Former San Francisco HQ Office by 2022 Coinbase has announced today it would shut down its former San Francisco HQ office via its official Coinbase News Twitter account. The company is transitioning from a traditional work model…

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Coinbase CEO Sold $291.8M Worth of Shares On Exchange Debut

Coinbase CEO and co-founder Brian Armstrong sold $291.8 million worth of his shares on the first day of trading, new filings show. Millions Of Coinbase Shares Sold On Debut Filing with the Securities and Exchange Commission (SEC) shows that the Coinbase CEO Brian Armstrong sold about 749,999 shares on the first trading day of the cryptocurrency exchange on Nasdaq. The report reveals that Armstrong sold three different groups of shares at varied prices of $381 to $410.40. The total shares sold by Armstrong are less than 2% of his total holdings in the company. However, other Coinbase investors, shareholders, and…

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Brian Armstrong: Crypto Regulation Is a Big Problem

Brian Armstrong – the CEO of Coinbase, one of the world’s largest and most popular cryptocurrency exchanges – has been having one heck of a week. The trading platform made its stock debut on the Nasdaq a few days ago, and things appear to really be taking off. Brian Armstrong: No Hacks, No Regulation Coinbase saw its stock trading for well over $300 per share. Given that the company is likely valued at more than $100 billion at this stage, this is small beans compared with what could potentially arrive in the future. The cryptocurrency space has grown to unprecedented levels…

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Addressing FUD on Coinbase’s opening day numbers

Coinbase has been THE story of the crypto-market over the past few days. Its public debut via a direct listing grabbed the attention of market pundits everywhere. In fact, Coinbase is the first major cryptocurrency company to go public. This has been hailed as a victory for the bitcoin market in particular, as the development […]

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Coinbase insiders dump nearly $5 billion in COIN stock shortly after listing

After an edict to remain "mission focused," Coinbase executives have succeeded in making themselves a fortune. Insider activity reports for Coinbase’s COIN stock indicate that multiple early investors and executives dumped billions in equity shortly after COIN’s direct listing, with at least one C-suite director cashing out their stake in the cryptocurrency exchange entirely.  Data from Capital Market Laboratories and confirmed by filings on Coinbase’s Investor Relations website shows a total of 12,965,079 shares sold by insiders, worth over $4.6 billion at COIN’s $344.38 per share Friday close. Notable transactions include Coinbase CFO Alesia Haas selling all of her 255,500…

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World’s Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires

The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. Today’s Crypto Billionaires List Since March 1987, Forbes has been publishing a list of the world’s wealthiest billionaires compiled in a list for the public to view. Back then the Japanese businessman and real-estate mogul Yoshiaki Tsutsumi was the richest person in 1987 with an estimated wealth of around $20…

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Coinbase’s Q1 Revenue Soars 9-Fold to $1.8 Billion Ahead of IPO on Nasdaq

Coinbase has announced its earnings estimates for the first quarter of 2021. The company says its estimated revenue for the period is nine times more than the amount generated in the same period last year. In addition, the crypto platform says it has 56 million verified users and a total trading volume of $335 billion. Coinbase’s Q1 Revenue Increases 9-Fold Cryptocurrency exchange operator Coinbase Global announced its first quarter estimated results and full year 2021 outlook on Tuesday, ahead of the company’s initial public offering (IPO) on Nasdaq next week. For the first quarter ended March 31, Coinbase expects total…

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You Can Buy Stock in Coinbase Beginning in Mid-April

Leading U.S.-based cryptocurrency exchange Coinbase is all set to go public on April 14. Traders and investors will be permitted to start purchasing stock in the trading platform beginning then. Coinbase Will Go Public in Less Than Two Weeks It is a big deal that Coinbase has filed for an initial public offering (IPO) in the sense that no company in Coinbase’s shoes has ever been in this position. As the first crypto platform of its kind to ever go public, many analysts are confident this is going to be the start of something big, and that assets like bitcoin – which have already…

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Career Commodities Trader Warns Bitcoin Community Over Coinbase Concerns

Peter Brandt is an iconic trader who in the past called the dramatic fall to the Bitcoin bear market bottom, nearly a year ahead of time. Could the commodities trader with decades of experience in all things markets – who has for sure seen a thing or two in his career – now be forewarning of an alleged collapse of the popular cryptocurrency exchange Coinbase? His tweets appear to imply so, calling into question several mounting concerns related to the company. Here’s what’s going on regarding the bold claims made by Brandt, and what Coinbase could allegedly be hiding. Career…

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People Take Offense with Coinbase Following Its Recent Changes

Not long ago, Live Bitcoin News reported that the top U.S. cryptocurrency exchange Coinbase put out a notice saying that it was revamping its employment techniques and strategies. Are People Not Happy with Coinbase? In a blog post, CEO Brian Armstrong mentioned to readers that the company would not be openly supporting social activism or political causes, claiming that there was a time and a place for these sorts of things. Instead, the company was going to focus on putting out the best products it could and on making the work environment as comfortable as possible for everyone there. In…

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Coinbase Employees Start Taking Severance Packages: Report

Coinbase employees start taking severance packages which were offered by CEO Brian Armstrong for all those who disagree with new mission statements so let’s find out more in the latest Coinbase news. According to the Coinbase employees, the plan to offer an exit for mission-dissenting workers was planned for more than six months. So far, three people from the company have taken the package. Over the past week, Armstrong published a blog post where he discourages politics from his office and offered severance packages for those who disagree with a new mission statement. According to the employees, the CEO and…

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The avaricious misanthropy of Brian Armstrong

If the mission is to create economic freedom for Coinbase's CEO, he's taking all the right steps. You can tell from Brian Armstrong’s opening words that he’s a numbers guy. “There have been a lot of difficult events in the world this year,” understated the Coinbase CEO in announcing that forthwith, the largest cryptocurrency exchange in the United States would do a better job of ignoring them. According to Armstrong’s recent blog post, Coinbase’s mission is to “create an open financial system for the world”. He left out the second half of the company’s mission statement, the part about being…

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Twitter’s Jack Dorsey takes aim at Coinbase’s apolitical stance

Twitter CEO Jack Dorsey has called out Coinbase for seeking to suppress political activism and suggesting employees who think differently should leave. Twitter CEO Jack Dorsey has taken major U.S. crypto exchange Coinbase to task over its open letter to employees published on Sep 28.  The letter, written by Coinbase CEO Brian Armstrong, explained why the firm intends to avoid political and social distractions, and instead focus on its core mission of building an open financial system for the world. The new direction has met with strong support in some quarters and pushback from others. In a Twitter post to…

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