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Cardano’s Coinbase Listing: It Led to an Increase in the Open Interest for Futures Contracts over $1 billion

On March 19, 2021, Cardano (ADA) got listed on Coinbase. This listing increases the open interest on Cardano’s futures contracts by over $1 billion. After this listing, Coinbase customers can buy, sell, convert, and transact ADA tokens. ADA has become the third-largest cryptocurrency in the market after Bitcoin (BTC)…

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More Buys for MicroStrategy… What is Their Strategy?

By December 21, 2020, MicroStrategy purchased a total of 70,470 bitcoins with an overall purchase price of $1.125 billion. The buying spree occurred in two phases when it purchased 40,824 and 29,646 BTC at an average price of nearly $21,925. MicroStrategy got into a strategic alliance with Coinbase earlier…

Blog, Featured

What Makes a Good Stablecoin?

A stablecoin is a type of cryptocurrency that has relatively low market fluctuations. Stablecoins achieve stability by backing up each coin with a stable asset like USD dollar. In the highly volatile cryptocurrency market, stablecoins provide much-needed stability to investors. The significance of stablecoin became even more evident after…

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Polymarket is Adding Value to Investors Everywhere

Polymarket has a unique approach of operating with its blockchain-based prediction market where investors can bet on the outcomes of future events. Polymarket raised $4 million new funding on Oct.19, 2020, through Polychain Capital. Currently, the company has as many as 15 investors. The website is still in the…

Blog

USDT vs USDC: How They Differ?

If you have been around in the cryptocurrency industry for a while, chances are that you must have transacted stablecoins in one way or the other. Due to their stability, they remain the most favorite listing pair for altcoins after BTC. A couple of years after the introduction of…

News

Bitcoin Taxation

You probably haven’t given in to the thoughts to bitcoin taxation and that one day you could be paying taxes on your cryptocurrency holdings and trades. In 2014, the IRS declared Bitcoin and other cryptocurrencies as properties which makes them subject to taxation. But how many crypto investors are…

News

Coinbase Explores 18 New Digital Assets, Preparing to be Future-Ready

In an announcement, Coinbase has revealed that it is looking to support 18 new digital assets which include VeChain, DigiByte, and Synthetix. Headquartered in San Francisco, California, Coinbase, one of the largest cryptocurrency exchange platforms is looking to offer support to new digital assets. In a blog posted by…

News

Coinbase Racks Up $1 Billion in Revenue for 2017

Coinbase hit the billion-dollar milestone for revenue collections in 2017, ‎according to people familiar with its financial results. The popular crypto exchange ‎remains on a profitability streak‎ as the business builds on the speculative ‎frenzy driving up the value of cryptocurrency turnover.‎ In the year that ended in December…

Coinbase

Cardano’s Coinbase Listing: It Led to an Increase in the Open Interest for Futures Contracts over $1 billion

More Buys for MicroStrategy… What is Their Strategy?

What Makes a Good Stablecoin?

Polymarket is Adding Value to Investors Everywhere

USDT vs USDC: How They Differ?

Bitcoin Taxation

Coinbase Explores 18 New Digital Assets, Preparing to be Future-Ready

Coinbase Racks Up $1 Billion in Revenue for 2017

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