Coinbase
How Macro Factors Are Influencing Bitcoin Prices
Tom Dunleavy, senior research analyst at crypto data firm Messari, discusses the biggest macro headwinds impacting bitcoin's price and the wider crypto markets. Plus, his take on Coinbase shares hitting a fresh all-time low Tuesday as it continues to struggle with low trading volume amid falling crypto prices.
Coinbase CEO Outlines His 'Realistic Blueprint' for Centralized Actors
Coinbase CEO Brian Armstrong shares his plan for a "realistic blueprint" that regulates centralized actors, while preserving decentralized innovation. "The Hash" team discusses the future of regulation for centralized exchanges in the wake of FTX filing for bankruptcy.
Cathie Wood's Ark Invest Buys More Coinbase as Stock Has Fallen Over 20% In Past Month
Cathie Wood's Ark Investment Management said in an email it bought 78,982 shares in cryptocurrency exchange Coinbase (COIN), its first investment in the crypto exchange in a month. This comes as Coinbase confirms that its 2022 revenue is on track to be just half of 2021 levels. "The Hash" team discusses what to make of Ark Invest's latest crypto bets.
SBF's Alameda Research Secretly Funded Crypto Media Site 'The Block'; Crypto Contagion Concerns
Crypto media site The Block was secretly funded over the last two years by Sam Bankman-Fried’s Alameda Research, The Block confirmed on Friday. Bernstein reacted to Genesis’ extended withdrawal freeze, saying that saving Grayscale would cost a fortune for Digital Currency Group (DCG), which owns Genesis Trading, Grayscale and CoinDesk. Plus, details on Coinbase asking users to switch USDT for USDC and Bankman-Fried agreeing to testify before U.S. House Financial Committee.
Coinbase Waves Conversion Fees for Global Users to Switch USDT for USDC
Coinbase is waiving the conversion fees for users that wish to switch to a "trusted stablecoin" in a new campaign that highlights the quality of reserves that back Circle-owned USD Coin (USDC). "The Hash" panel discusses the potential reasons behind Coinbase's move.
Bitcoin Price Tumbles; More Than 50% of Bitcoin Addresses Are Now in Loss
Valkyrie CIO Steven McClurg discusses his outlook for bitcoin (BTC) as it sinks below $16,000 and on-chain data shows most addresses holding BTC are losing money. Plus, reactions to Coinbase, MicroStrategy and other bonds tanking in the continued fallout of crypto exchange FTX.
Bitcoin Falls Below $16K; Coinbase Hits Lowest Price Since Going Public
Shares of Coinbase (COIN) hit their lowest price since the the U.S.-based cryptocurrency exchange went public in April 2021. The Grayscale Bitcoin Trust (GBTC) is drawing market attention after sister company Genesis Global Capital said its lending unit would halt customer withdrawals in the wake of the collapse of Sam Bankman-Fried’s FTX crypto empire, Bernstein said in a research report Monday.
Analyst Cuts Price Target for Coinbase in Wake of FTX Crash
Oppenheimer Senior Analyst Owen Lau cut his price target for Coinbase from $107 to $89 in the wake of FTX's implosion. "We are actually less optimistic for the industry in the near term," he said. Plus, Lau shares his long term outlook for the digital assets industry.
