Coinbase re-launched a Bitcoin-backed loan service, allowing US users to borrow USDC (USDC) using their Bitcoin (BTC) as collateral. Coinbase’s loan service is a mix of CeFi and DeFi. The company converts BTC into wrapped BTC (cbBTC),
The crypto exchange aims to launch $25,000 SOL derivatives, betting on institutional appetite as the token's volatility soars.
Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald Trump called for rates to come down
Coinbase's Brian Armstrong predicted that Bitcoin could reach multiple million dollars in price over time. He also acknowledged that more institutions are adopting Bitcoin, which could raise its price to millions.
The Bitwise fund's asset allocation reflects market capitalization proportions, comprising 83% Bitcoin and 17% Ethereum.
On the campaign trail, Trump pitched a national bitcoin stockpile, but it remains to be seen if he will fulfill this pledge.
According to the Jan. 29 announcement, Robinhood is rolling out futures trading for several assets, including the “S&P 500, oil, Bitcoin, and more,” as indicated on its website. The platform mainly specializes in stock trading but added cryptocurrency trading in 2018.
Mizuho upgraded Coinbase (COIN) to Neutral from Underperform with a price target of $290, up from $250. The firm’s analysis of bitcoin adoption
On the other hand, Coinbase is less affected by Bitcoin price fluctuations. As long as trading volumes remain high, whether through sell or buy transaction, it will continue make money from the trading fees. This article first appeared on GuruFocus.
The US Securities and Exchange Commission has granted initial approval to the “Bitwise Bitcoin and Ethereum ETF.”
Solana's market structure mirrors Bitcoin and Ethereum, indicating its readiness for US ETPs through strong liquidity and price correlation.