Category: coin

Palestinians Ponder Digital Currency as Move for Monetary Independence

Palestinians Ponder Digital Currency as Move for Monetary Independence

The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. Digital Currency to Help Palestinians Cope With Israeli Restrictions Palestinians are currently conducting two studies […]

Continue Reading

Basketball Players in Canada to Be Paid in Bitcoin

Basketball Players in Canada to Be Paid in Bitcoin

CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin The Canadian Elite Basketball League (CEBL) announced the […]

Continue Reading

Coinbase to Offer Crypto Investing Option for 401(k) Pension Plan

Coinbase, one of the largest crypto exchanges has entered into a partnership with 401(k) pension plan provider ForUsAll Inc to allow plan holders to invest in cryptocurrencies. The partnership would let 401(k) pension plan holders invest upto 5% of their balance in crypto assets. There is little to zero crypto exposure in 401(k) pension plans […]

Continue Reading

Coinbase shakes up stablecoin offering to entice large FX traders

Coinbase shakes up stablecoin offering to entice large FX traders

Coinbase is looking to draw in big traders in the foreign exchange world through an expansion of its stablecoin services.  In an announcement that went relatively unnoticed, Coinbase said it updated pricing for nine stablecoin pairs. The update allows users of its Coinbase Pro platform to trade pairs — such as DAI-USD and USDT-GBP — […]

Continue Reading

Over 4 million shares: Why Cathie Wood’s Ark Invest is so bullish on Coinbase stock

Over 4 million shares: Why Cathie Wood’s Ark Invest is so bullish on Coinbase stock

Quick Take Cathie Wood’s Ark Invest currently holds over 4 million shares of Coinbase stock. Here’s why Ark is so bullish on the stock despite the steep price declines since its debut. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block. Get free […]

Continue Reading

Coinbase links its Visa debit card with Apple Pay, Google Pay

Coinbase links its Visa debit card with Apple Pay, Google Pay

Coinbase’s debit card product is now usable via Apple Pay and Google Pay, according to a Monday blog post from the crypto exchange and services provider.  The firm also said Monday that “starting this week, we’ll invite select customers off the waitlist” for its card product. After initially being available to UK and EU-based customers, Coinbase […]

Continue Reading

Coinbase sees fast-growing interest in its prime brokerage biz from multi-strat hedge funds

Coinbase sees fast-growing interest in its prime brokerage biz from multi-strat hedge funds

Quick Take An inside look at Coinbase’s prime brokerage business Multi-strat hedge funds are coming, according to the firm’s Greg Tusar This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block. Get free Bitcoin Bitcoin Generator

Continue Reading

JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside

JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside

Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight rating with a 60% upside potential while Goldman Sachs begins with a buy rating. JPMorgan, Goldman Sachs Now Covering Coinbase Stock A couple of major investment banks initiated coverage of the Coinbase Global stock (NASDAQ: COIN) […]

Continue Reading