
April 29th, 2025
Amid its aggressive expansion plans and rapid growth, crypto exchange FTX grabs a 10.8% market share for crypto.
The said figure represents a 13% increase from the $1.4 billion the league recorded in the 2020-21 season.
As the crypto market slumps further, Coinbase shares are down to almost their all-time lows of about $65.
The Protego Trust Bank has financial backing from some of the leading crypto market players like Coinbase, FTX, Digital Currency Group, and others.
An audit of the protocol has been performed by the Trail of Bits, and a security review has also been performed by OpenZeppelin.
The institute plans to consult with leaders and policymakers across the industry.
The Meta Pay crypto payments filing submitted by Facebook parent Meta Platforms will open users to more cryptocurrency and digital tokens.
Coinbase has been showing interest in Web3. And for this reason, the platform has been keen on expanding its product offerings.
Besides Coinbase Global Inc, a host of other stocks in the US that are connected to the crypto economy, are largely suffering the same faith as it relates to stock devaluation.
Over the last two years, the company has invested over $500 million dollars into Celsius Mining to make crypto mining its other revenue-generating stream.
Following a social media firestorm about customers’ funds due to impending bankruptcy, Coinbase CEO Brian Armstrong has cleared the air.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
Despite its Q1 2022 downturns, Coinbase is optimistic that the market conditions are temporary and the company is focusing on the long-term.
Coinbase experienced a substantial fall in stock price amid several macroeconomic factors that also affected US equities and crypto.
Maybe the latest news on Coinbase NFT Marketplace would positively influence the company’s stock after it lost more than 49% in a year.