The exchange will try to boost interest in the meme-based cryptocurrency through a $1.2 million giveaway promotion.
The integration brings the crypto exchange’s rewards-heavy spending tool to the iPhones of U.S. users.
Stocks such as RIOT and COIN offer investors crypto exposure without owning BTC directly, according to a panel at Consensus 2021.
Analyst Kenneth Worthington said he believes Coinbase has the potential to grow into something that resembles a more traditional financial institution for crypto.
The publicly traded crypto exchange is adding Faryar Shirzad to handle government relations.
The talks are at a high level and informal at this stage, said one of the sources.
Coinbase's apparent move into media is part of a trend of crypto companies developing their own content. Is this a good thing for the industry?
Crash in the leading cryptocurrency hitting related companies.
Coinbase, Gemini and Kraken are all reporting technical issues at press time.
Armstrong said he visited Capitol Hill to network and help answer questions about crypto.
The drop seems to confirm what some equity analysts had pondered at the time of Coinbase’s listing – that COIN might act as a proxy bitcoin exchange-traded fund (ETF).
Analyst Rich Repetto points to the exchange's expanding market share in a fast-growing industry.
CEO Brian Armstrong said on the company’s Q1 earnings call that it would list coins on the first day that they trade.
"We're going to be focused on how we can accelerate asset addition in the future," CEO Brian Armstrong said on the company's Q1 earnings call.
The cryptocurrency exchange boosted its yearly forecast range for "Monthly Transacting Users," a key metric.