Key Takeaways Coinbase users can now pledge their bitcoin as collateral to take out a loan worth $100,000 in USDC stablecoins after a new service was launched Thursday.These loans can be made via the Coinbase app but will be serviced by DeFi platform Morpho,
Bitcoin bulls pushed BTC price back toward its range high after FOMC minutes aligned with the markets’ expectations.
The chief executive of major bitcoin and crypto exchange Coinbase has predicted when the bitcoin price could flip gold's $18
On the campaign trail, Trump pitched a national bitcoin stockpile, but it remains to be seen if he will fulfill this pledge.
Coinbase, in partnership with Morpho Labs, has launched a Bitcoin-backed loan service, allowing U.S. users to borrow up to $100,000 in USD Coin (USDC) using their Bitcoin as collateral.
Coinbase undercut its 50-day moving average on Monday as bitcoin retreated from highs. Does that make Coinbase stock a buy or sell now? Some may be tempted to buy the dip, but not before running through some key technical indicators.
Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.
Mizuho upgraded Coinbase (COIN) to Neutral from Underperform with a price target of $290, up from $250. The firm’s analysis of bitcoin adoption
According to the Jan. 29 announcement, Robinhood is rolling out futures trading for several assets, including the “S&P 500, oil, Bitcoin, and more,” as indicated on its website. The platform mainly specializes in stock trading but added cryptocurrency trading in 2018.
Coinbase secures VASP registration in Argentina, enabling local payment options and expanding crypto services to millions of users in the country.
Mizuho Securities analyst Dan Dolev upgraded Coinbase Global (COIN) shares to Neutral from Underperform on Wednesday on the expectation the crypto exchange will benefit from further gains in the price of bitcoin (BTC-USD).