
August 27th, 2025
The Bitcoin market is heavily bolstered by global adoption including several institutional ETFs and the fact that it is used as legal tender in El Salvador and the Central African Republic.
Popular exchange Coinbase recently announced an 18% staff layoff to strengthen its financial position in the face of a crypto crunch.
Ondo Finance will help customers invest in deep liquidity low-risk traditional assets through blockchain technology.
The price of Bitcoin climbed higher on Monday raising hopes for a rally in 2023, and taking several crypto stocks along with it.
Jefferies wrote that Coinbase would be “acutely pressured in the near term” as retail customers withdraw from crypto after the FTX crumble.
SuperRare is not the only company in the industry reducing its staff. In 2022, a number of industry players cut their workforce due to crypto winter conditions. As of January 5, 2023, as many as 26,964 crypto jobs have been lost.
Major exchange Coinbase saw its stock rise markedly after it announced a settlement with a state financial services regulator.
Many investors on Wall Street are increasingly becoming bullish about the crypto ecosystem and the technology powering the different digital assets.
Crypto exchange Coinbase plunged to a $32.65 all-time low as the S&P 500 and the Nasdaq Composite also slipped up.
This is not the exchange’s first license in Ireland as Coinbase has been active in Ireland since 2018.
Despite the unpleasant situation and poor performance with its 2022 performance, Coinbase is confident in a better 2023.
Binance and Coinbase lead the spot exchanges in the past 24 hours with trading volumes of approximately $8,582,628,378, and $1,192,133,466 respectively.
The Coinbase CEO also noted several regulations that can allay investor fears in exchanges and crypto custodians.
As long as Coinbase stock is concerned, there is a very gloomy expectation for its growth in 2023 and in the long term.
The interesting thing about the OUSD V2 offering is that the tokens are not locked up and the earnings are not subjected to any form of fees.