In brief: The US Congress finally agreed to a $2 Trillion stimulus package. Bitcoin (BTC) reacted positively to the news and traded briefly at $6,960, Binance rate. However, the $6,900 resistance area and the CME Bitcoin futures expiry this week, might delay BTC from reclaiming $7,000 and turning it into support. The two major parties...Read More
Gold continues to float on top this Tuesday resulting in the rise of some cryptocurrencies too. This was after the US Fed Reserve announcement of launching Quantitative easing programs to backstop the economical challenges amid the coronavirus effect. Bitcoin traded with a net charge of $900( 16% high ) in 24 hours and while writing...Read More
If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number of people doing so globally has been steadily growing, including in the crypto industry which...Read More
Bitcoin and other cryptocurrencies can often be used to support charitable events. During the novel coronavirus outbreak, Italy’s Red Cross is accepting Bitcoin donations for an advanced medical post. It is evident that a lot of countries will need help to keep the novel coronavirus in check. Helping Italy With Cryptocurrencies In Italy, the situation...Read More
Coinbase is operating important infrastructure for the economy during these trying times. I wanted to share a few updates on how we are keeping employees safe and ensuring that we are serving our customers. We’ve published our internal planning and comms around COVID19 here in case it is helpful for other companies. Supporting our employees...Read More
By Mike Co and Shawn Dejbakhsh TLDR: Although Bitcoin has recently sold off alongside the S&P 500, based on historical data, recent positive correlation may be temporary. From an Economist article dated Nov. 18th, 2007, just prior to the Financial Crisis: “INSTITUTIONAL investors have been looking for ‘uncorrelated’ assets ever since the equity bear market...Read More
By Amy Luo USDC is a fully collateralized US dollar stablecoin, created by the CENTRE Consortium, an open source technology project co-founded by Coinbase and Circle. Since its launch in 2018, USDC has seen its market share steadily climb to become the second largest stablecoin in the world by market capitalization, in direct correlation with increased...Read More
Android users can now add Coinbase Card, a Visa debit card funded by crypto, directly to their Google Pay wallets. With the launch of Google Pay, Coinbase now becomes the first company to enable users to make mobile payments powered by their crypto balances. Google Pay gives Coinbase Card customers a fast, secure way to...Read More
Good News for Indian Crypto Community. 2020 seems to bring surprises and the highest possibilities in Crypto and blockchain implementations across the country. The world’s largest cryptocurrency exchange Binance and India’s most trusted cryptocurrency exchange WazirX, announced a joint initiative “Blockchain for India” to support the development and growth of blockchain startups in India. #Binance...Read More
Presently, users with a large pool of assets are more concerned with the security of accounts. Their search ends with the hardware wallets wherein assets are put down in a secure hardware device without any exposure to the internet. Users are also liable towards their mobile phones for numerous activities. And when any Wallet provides...Read More
Coinbase introduced its new Bitcoin Batching feature to the world on Thursday. Low network fee and set free the overuse of the batches on transactions is the objective on whole. This move was anticipated by many. Now when its a reality, are all on cloud nine? After a long wait, the coinbase users finally heard...Read More
There’s no other way to put it: Bitcoin has fallen off a cliff. The cryptocurrency, over the past few hours, has plunged from a comfy price above $7,700 (which now seems extremely high) to as low as $5,600 in the span of a few 15-minute candles. This crash, which caught many traders aback, liquidated some...Read More
Bitcoin, a cryptocurrency, as we all are very well aware of, has touched the skies with significant demand. The phase of being not recognized was very well wiped out as the digital currency gained immense popularity among the investors. Who are Whole Coiners? Why they are called so? Why their increase in numbers forecasts? Well,...Read More
By Kevin Britz At Astro Wallet, which was recently acquired by Coinbase, we spent the better part of the last two years researching economic abstraction in various forms. We’d like to share our findings with the greater blockchain industry in the hope that this may serve as a guide to solve many of the UX issues...Read More
Although the crypto market has posted a slight recovery since Monday’s brutal lows, Bitcoin, XRP, and all other cryptocurrencies remain down dramatically since Saturday’s highs. Case in point: XRP is still trading at $0.21. With this, the cryptocurrency is looking poised to close a weekly candle below crucial horizontal support, potentially marking a further blow...Read More
Although Bitcoin remains up on the year, XRP hasn’t fared as well; the third-largest cryptocurrency, per data from CoinMarketCap, is down over 40% from its $0.34 high seen in the middle of February, posting a small loss since the year started. Unfortunately, analysts across the board only expect XRP to trend lower in the coming...Read More
If you were following cryptocurrency in 2017 and 2018, you likely know of Tiffany Hayden. For some reason or another, she managed to gain a massive following on Twitter — I’m talking about tens of thousands of fervent followers — while discussing XRP and Ripple, touting sentiments like how she expects for the cryptocurrency and...Read More
Last week, Bitcoin bulls celebrated when it was revealed that India’s Supreme Court on Wednesday reversed anti-crypto restrictions placed on the industry by the nation’s central bank, the Reserve Bank of India. This move allowed banks to once again facilitate transactions with and offer services to industry entities once again, “removing a major hurdle for...Read More
As reported by Ethereum World News just a few hours ago, Bitcoin and the rest of the crypto market haven’t been doing too well. In fact, Ethereum, along with practically all other altcoins, has collapsed over 10% (compared to BTC’s relatively measly 7% loss or so) in the past day alone, marking a brutal loss...Read More
Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days. But according to a trader, ETH may soon rally to fresh local highs above $290 — 20% above the current...Read More
By Thomas Hauer, Jr.Cryptocurrency giveaway scams have been a problem for those involved in the crypto-community since the last major bull run in late 2017. Whether you’re a seasoned investor or just beginning to get your feet wet in the crypto-space, we encourage all of our customers to educate themselves on current cryptocurrency related scams...Read More
After a high conflicting PMC Bank lockout, Reserve Bank of India has now taken Yes Bank’s reins in its hands. On Thursday, 5th March 2020 RBI declared that it is superseding and taking over the affairs of Yes Bank until April 3rd. Moreover, the central bank has appointed a new Administrator Prashant Kumar to manage...Read More
Revolutionary technologies are inherently controversial. This was proven true just this week when the CEO of Ripple Labs, Brad Garlinghouse, bashed Bitcoin and Ethereum in a direct tweet, sparking discourse. The reason? Garlinghouse thinks that the cryptocurrencies’ mining mechanism, which sees miners contribute computational resources to secure the blockchain, is wasteful and a threat to...Read More
Now available to all clients, this update makes Coinbase Custody simpler and easier to use. By Allen Osgood, product manager, Coinbase Custody It’s been a busy month at Coinbase Custody. This week we launched a completely refreshed product experience with a brand new interface, we upgraded our read-only API endpoints, and we started paying for client network...Read More
Since bottoming around $0.17 in December, XRP has performed well, rallying 35% to $0.23, where the cryptocurrency sits as of the time of writing this. While 35% is not a two-month return to scoff at, the long-term chart of XRP printed a bearish signal in February. XRP Fails to Retake Key Horizontal: Bearish Despite the...Read More
The aggregated crypto market has been caught within a firm downtrend over the past several days and weeks, but one top crypto has been able to buck this trend, rallying to fresh all-time highs against its Bitcoin trading pair yesterday before incurring a selloff today. Today’s selloff has led Chainlink – the best performing cryptocurrency...Read More
While XRP has already performed fairly poorly over the past seven days, some have begun to fear the cryptocurrency’s prospects are worsening with news that $230 million worth of XRP was unlocked from Ripple’s escrow wallet. For instance, BlockTV crypto analyst Joe Saz wrote: “Either way it’s bad. They send back to escrow to maintain...Read More
While it is hard to cyber-attack Bitcoin and other crypto asset networks, you can more easily cyber-attack companies in the space. This was proven true over the past 48 hours, with two exchanges recently revealing that they’ve been subject to a denial-of-service attack, suggesting some shenanigans going on in the backdrop of the crypto market....Read More
A retrospective for companies considering React Native Source: engineering.fb.com By Ian Ownbey, Nick Cherry, and Jacob Thornton In mid-2019, we committed to rewriting Coinbase’s core mobile sign-up with React Native. This decision was motivated by a few observations: Coinbase currently supports over 100 countries. Because different jurisdictions have different regulatory requirements (e.g. Know Your Customer, Anti-Money Laundering),...Read More
By Andrei Anisimov, Engineering Manager, Coinbase Custody Being an engineer at Coinbase Custody means solving challenging problems at the intersection of security, reliability, and user experience. Coinbase’s security-first culture mandates that all trade-offs be made in favor of security. This approach is taken to the next level at Custody. After all, security is the main reason...Read More
