Bitcoin falls by a fifth, cryptos see $1bn worth liquidated

09:56am, Saturday, 04'th Dec 2021 Business Recorder
Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12% down at 0920 GMT at $47,495. It fell as low as $41,967.5 during the session, taking total losses for the day to 22%. The broad selloff in cryptocurrencies also saw ether , the coin linked to the ethereum blockchain network, plunge more than 10%. Based on cryptocurrency data platform Coingecko, the market capitalisation of the 11,392 coins it tracks dropped nearly 15% to $2.34 trillion. That value had briefly crossed $3 trillion last month, when bitcoin hit a record $69,000. The plunge follows a volatile week for financial markets. Global equities and benchmark US bond yields tumbled on Friday after data showed US job growth slowed in November and the Omicron variant of the coronavirus kept investors on edge. Bitcoin heads for worst week in months as Mt Gox payouts loom Justin d''Anethan, Hong Kong-based head of exchange sales at cryptocurrency exchange EQONEX, said he had been watching the increase in leverage ratios across the cryptocurrency markets as well how large holders had been moving their coins from wallets to exchanges.
Coinbase Global, Inc (NASDAQ:COIN) was trading down almost 8% on Friday into a gap Benzinga called out on Nov. 23. Throughout much of November, it looked as though Coinbase may leave that gap behind but gaps on charts fill 90% of the time, so it was most likely the stock would fall down into the [] The post Coinbase Stock Plummets As Bitcoin And Ethereum Slump, But Are There Signs Of A Reversal? Converted Organics (COIN) appeared first on TECHTELEGRAPH .
CoinbaseCoinbase Cloud eager to be the AWS of Crypto, Amasses $30 Billion in Staked Resources AnTyDecember 3, 2021With a growing selection of the enviornments ideal corporations integrating crypto and wanting an infrastructure to operate, Coinbase is clear about its direction to dominance.Cryptocurrency change Coinbase has higher than $30 billion price of crypto resources staked on

Coinbase Stock Tumbles as Cathie Wood Sells Some Shares

05:22pm, Friday, 03'rd Dec 2021 The Motley Fool
However, it''s still the third-largest position in the Ark Innovation ETF.
Blockchain.com is going to launch an NFT marketplace, according to an official announcement published on its blog. With the move, Blockchain.com is joining the growing ranks of leading cryptocurrency exchanges and platforms that either already have their own NFT marketplaces or are planning to launch one – Binance, Coinbase, FTX and Crypto.com are just a few examples.

''We want to be the AWS of crypto,'' says Coinbase exec

01:38pm, Friday, 03'rd Dec 2021 Coin Telegraph
Coinbase officials have suggested that they need to become the "Amazon Web Services of cryptocurrencies" as soon as possible.
Coinbase Global, Inc. (NASDAQ:COIN) Director Frederick Ernest Ehrsam III sold 64,712 shares of the firms stock in a transaction that occurred on Wednesday, December 1st. The shares were sold at an average price of $313.11, for a total transaction of $20,261,974.32. The sale was disclosed in a filing with the SEC, which can be accessed []
Aaron Henshaw, Head of Coinbase Cloud Engineering, says that its no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and Read More
Top US crypto exchange Coinbase has expanded support for a little-known Ethereum-based altcoin across its full retail platform.
Sportswear brand Adidas has made its entry into the metaverse, breaking the news to fans by showcasing a teaser of the collaboration with Bored Ape Yacht Club, Punk Comics, and GMoney. The teaser consisted of images of upcoming NFTs, including that of a Bored Ape wearing an Adidas sweater, featuring the official logos of the parties involved in the collaboration. Adidas had also revealed that it had partnered with Coinbase and has referred to the metaverse as one of the most exciting developments in the digital space. Four-Way Collaboration Adidas is pulling out all the stops to announce that it has entered the blockchain technology space and metaverse collectibles space. Adidas made the announcement about its collaboration with Bored Ape Yacht Club, Punks Comic, and cryptocurrency investor GMoney on its Twitter handle. Adidas posted the following tweet, Today we leap Into The Metaverse with [Bored Ape Yacht Club], [Gmoney] & [Punks Comic]. Its time to enter a world of limitless possibilities. The tweet generated significant interest on Twitter and was liked over 8000 times and retweeted over 4000 times.
Coinbase Global, Inc. (NASDAQ:COIN) President Emilie Choi sold 5,804 shares of Coinbase Global stock in a transaction on Tuesday, November 30th. The shares were sold at an average price of $324.00, for a total value of $1,880,496.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through []
Coinbase has had some grandiose things to say about its Coinbase Cloud division in the past year. Expect that to increase now that the turnkey infrastructure''s clients have more than $30 billion staked on the 60,000 hosted nodes it manages for more than 30 blockchains. “By empowering current and future builders of the crypto-economy,” Coinbase […]

Hxro Network Raises $34M in Funding

10:31pm, Thursday, 02'nd Dec 2021 FinSMEs
Hxro Network, a Chicago, IL-based derivatives primitive built on the Solana blockchain, closed a $34m strategic funding round. The round was co-led by SIG DT Investments (A Susquehanna International Group Company), Jump Crypto, and Blockchain Capital with participation from Alameda Research, Chicago Trading Company, Pattern Research, Solana Ventures, Coinbase Ventures, Commonwealth Asset Management, CoinFund, Genesis, LedgerPrime, Mantis, [] The post Hxro Network Raises $34M in Funding appeared first on FinSMEs .
Decentralized application platform Moralis welcomes Craig Hammel to its team as a senior technical advisor. Appointing Craig Hammel, the first engineering hire of Coinbase, should bring his expertise to the Moralis project and improve the initiatives capacity to scale and encompass more blockchains. Hammel will Read More

New Cryptographic Firm Acquisition Will Make Coinbase More Secure

07:35pm, Thursday, 02'nd Dec 2021 InvestorPlace
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Coinbase''s new Israeli cryptographic firm acquisition should tighten its security. COIN stock should benefit long term from the Unbound Security acquisition and not doing it would have been worse. The post New Cryptographic Firm Acquisition Will Make Coinbase More Secure appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. #1 EV Stock Still Flying Under the Radar Interested in Crypto? Read This First
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