Tag Archives: coinbase

Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System

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As the Senate Banking Committee prepares to mark up the long-anticipated CLARITY Act on Thursday, Coinbase CEO Brian Armstrong has argued that the newest version of the bill represents a workable “compromise” and could meaningfully improve the US financial system.  Speaking to FOX Business, Armstrong said the updated draft reflects concessions on both sides—what he… Continue reading Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System→

Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107

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Coinbase (COIN) opened the quarter with a rough financial showing. After the exchange reported major losses in its first-quarter earnings, Barclays responded by cutting its price target for COIN, while Bank of America trimmed its target more modestly.  Two Wall Street Takes On Coinbase Barclays lowered its Coinbase price target to $107 from $140, maintaining… Continue reading Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107→

700 Jobs Gone: Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market

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Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. In a post on X shared with employees, Armstrong outlined two… Continue reading 700 Jobs Gone: Coinbase’s Brutal Cuts Signal Something Is Wrong With The Crypto Market→

Could Ripple XRP Power Cross-Border Payments? Russia’s Early Tests Suggest Potential

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As global payment systems face pressure to become faster, cheaper, and less dependent on legacy intermediaries, attention is returning to blockchain-based alternatives. While countries explore alternatives to traditional systems, digital assets are increasingly entering the conversation, and XRP is drawing attention. Recent reports around early testing in Russia have sparked fresh discussion about whether XRP… Continue reading Could Ripple XRP Power Cross-Border Payments? Russia’s Early Tests Suggest Potential→

Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts

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Daily profits from Bitcoin sales are climbing fast — and analysts say a key threshold could determine whether the current rally has legs or runs out of steam. Profit-Taking Still Below Danger Zone Realized daily profits are hovering around $500 million, according to blockchain data firm CryptoQuant. That number matters because $1 billion has historically… Continue reading Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts→

Here’s How Much Of The XRP Supply That ETFs Now Control

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Institutional demand for XRP is slowly creeping back in recent days. Inflows into Spot XRP ETFs in the US are picking up pace, even with price action still subdued under $1.4. Notably, the latest ETF data shows that a measurable portion of the token’s circulating supply is already being absorbed by these investment vehicles.  ETFs… Continue reading Here’s How Much Of The XRP Supply That ETFs Now Control→

Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst

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According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. 61% Of BTC Supply In Profit… Continue reading Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst→

Crypto Regulation Heats Up As Coinbase CEO Supports CLARITY Act

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The Office of the Comptroller of the Currency handed Coinbase a national bank trust charter last week — a major regulatory win that came as the crypto exchange’s CEO was ramping up pressure on Congress to finalize long-stalled digital asset legislation. Armstrong Reverses Course On Clarity Act Brian Armstrong, who pulled Coinbase’s backing from the… Continue reading Crypto Regulation Heats Up As Coinbase CEO Supports CLARITY Act→

Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary

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Bitcoin climbed back above $71,000 after news of a conditional U.S.–Iran ceasefire tied to reopening the Strait of Hormuz. Bitcoin Bounces Back… For Now According to today’s QCP Market Colour, after the announcement of the ceasefire risk assets rallied, equities rose and oil cooled into the low-$90s. However, the report warns that all of this… Continue reading Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary→

Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price

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New reports reveal that XRP’s supply on Coinbase has crashed to historical lows as investors and community members appear to be boycotting the exchange following the recent delay in the CLARITY Act. On the one hand, the recent movement shows joint unity among XRP holders as they collectively exit exchanges in protest. On the other… Continue reading Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price→