Bitcoin Coinbase Premium Index Sinks Below Zero Again — Impact On Price?

Bitcoin

The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cryptocurrency? Is The Bitcoin Price At Risk Of Downward Movement? In a recent post on … Read more

Coinbase Emerges Crypto Sponsor Of Aston Martin Aramco F1 Team

Coinbase

Coinbase has unveiled a partnership with Formula One team Aston Martin Aramco, adding to the list of the crypto exchange’s brand expansion aimed at promoting crypto adoption. Coinbase Leads With F1 USDC Sponsorship In a blog post on February 14, Coinbase announced its latest strategic deal with the Aston Martin Aramco which will allow the … Read more

With $420 Billion Under Management, Coinbase Matches Major US Banks—CEO

Coinbase

A well-known cryptocurrency exchange might have become one of the largest “banks” in the United States if the crypto platform is classified as a financial institution. This is an intriguing thought brought up by its top executive. Coinbase CEO Brian Armstrong made a fascinating assumption about the cryptocurrency exchange’s potential rank if it is considered as … Read more

Coinbase Urges US Regulators For Crypto Banking Clarity

Coinbase

Recent reports claim that Coinbase is seeking clarity on the status of banking services related to crypto. In a letter, the exchange allegedly urged US regulators to confirm whether banks can offer services to crypto businesses. This move comes before the US Congress hearing regarding “Operation Chokepoint 2.0,” where the crypto exchange’s CLO will testify … Read more

Coinbase Legal Chief To Defend Crypto In High-Stakes Hearing

Coinbase

Paul Grewal, the Chief Legal Officer of Coinbase, is scheduled to testify at a critical Senate hearing with a focus on “Operation Chokepoint 2.0.” The Senate Banking Committee has convened this hearing to examine allegations that regulatory agencies are deliberately limiting the access of crypto firms to banking services. Grewal, a fervent proponent of transparent … Read more

Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity

Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity

Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run. The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks. This relentless upward momentum has captivated the market as BTC continues … Read more

Bitcoin Coinbase Premium Turns Green: Price Reversal Here?

Bitcoin

Data shows the Bitcoin Coinbase Premium Index has just seen a sharp rise into the positive region, a sign that could be bullish for BTC’s price. Bitcoin Coinbase Premium Index Has Spiked Recently As an analyst in a CryptoQuant Quicktake post explained, the Bitcoin Coinbase Premium Index has observed a surge despite the pullback the asset’s price … Read more