Coinbase
Coinbase Rolls Out Layer 2 Blockchain Base to Provide Onramp for Ethereum, Solana
Crypto exchange Coinbase (COIN) launched Base, a layer 2 network built using Optimism's OP Stack, providing easy and secure access to Ethereum, Optimism, Solana, and other blockchain ecosystems. "The Hash" panel discusses the launch in the latest move bringing a new wave of mainstream crypto adoption.
Optimism Token Up 6.5% as Coinbase Builds Its Layer 2 on the Platform
The layer 2 network, called Base, won't have a native token.
Coinbase Launches Layer 2 Blockchain Base to Provide On-Ramp for Ethereum, Solana and Others
Base is built on Optimism and Coinbase has no plans to issue a new network token.
Cathie Wood's ARK Buys Over $13M of Coinbase Shares
The purchase appears to be ARK's biggest of the year, eclipsing the $9.2 million order earlier this month
What Coinbase's Q4 Earnings Mean for Crypto Adoption
Anthony Georgiades, co-founder of Pastel Network, said investors are right to be wary but “digital assets are certainly here to stay.”
Fed Minutes Show Most Members Approve 25BPS Rate Hike; Counsel Says Voyager’s Binance US Sale Plan ‘Full Steam Ahead’
The latest FOMC minutes reveal that almost all Fed policymakers favored easing rate hikes to a quarter percentage point. Plans to wind up Voyager Digital by selling assets to Binance US are "on track," an attorney for the bankrupt crypto lender told a New York court on Wednesday. Coinbase (COIN) topped fourth-quarter earnings estimates Tuesday evening, but shares are sharply lower Wednesday alongside a sizable pullback in crypto.
Coinbase Stock Tumbles 6%; Bitcoin Also Lower
Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin.
Coinbase Q4 Revenue Beat Expectations but Transaction Volume Falls 12% From Q3
Crypto exchange Coinbase (COIN) reported Q4 net revenue of $605 million, ahead of analyst estimates of $588 million. The number is up 5% from $590 million in the third quarter but its transaction volume fell 12% quarter-over-quarter to $322 million. "First Mover" hosts break down Coinbase's earnings report.
Coinbase Transaction Volumes Falls 12% in Q4
Crypto exchange Coinbase's Q4 earnings exceeded expectations, but the transaction volume fell 12% quarter-over-quarter. Pastel Network Co-founder Anthony Georgiades weighs in on this decline, citing Coinbase's "hyper-growth areas" are coming under regulatory scrutiny inside the U.S.
What Coinbase's Q4 Earnings Mean For Crypto
Coinbase (COIN) reported Q4 net revenue of $605 million, ahead of analyst estimates of $588 million and up 5% from $590 million in Q3. Pastel Network co-founder Anthony Georgiades discusses the crypto exchange's latest earnings report and its implications for the crypto industry. Plus, the minutes of the Fed's February 1st meeting will be published later today.
