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Posts Tagged ‘Coinbase’

Coinbase Expands Reach of Visa Card in Europe, Adds 5 New Cryptos

Coinbase has added support for five new crypto options to its Visa debit card, and also expanded availability to 10 more European nations. The U.S.-based cryptocurrency exchange announced Thursday that holders of the card can now spend XRP, basic attention token (BAT), augur (REP), 0x (ZRX) and stellar (XLM). The new options come in addition to…

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Coinbase Joins Regal Assets to Offer Insured Crypto IRAs

Regal Assets, an alternative investments firm, partnered with custodian Kingdom Trust and crypto exchange Coinbase to develop and provide a fully insured Bitcoin and cryptocurrency individual retirement accounts (IRA) in the US. Coinbase Steps Into Crypto IRAs Bitcoin and crypto IRAs aren’t a novelty in the US, but the trio wants to take this financial…

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Coinbase Will Now Reward Users for Holding This Cryptocurrency

Coinbase is for the first time allowing general users to earn rewards by simply holding cryptocurrency, starting with the Tezos (XTZ) token. In a company blog Wednesday, Coinbase said U.S. customers (barring residents of Hawaii and New York) can now stake the smart-contract platform’s crypto with an estimated 5 percent annual return. Tezos uses an alternative…

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Coinbase Tezos Pump Creates Big Spreads Across Crypto Exchanges

Tezos price spiked sharply today after Coinbase announced staking rewards for XTZ. The token pumped so hard that huge spreads opened up between exchanges leading to arbitrage opportunities for savvy traders. Crypto Exchange Pump Inbound Late yesterday Coinbase announced that it was expanding access for Tezos staking. The offer of earning rewards for XTZ stored…

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Coinbase Legal Chief Says Private Sector Should Build US Digital Dollar

Coinbase’s legal chief is calling for private sector leadership in developing America’s digital currency. Brian Brooks, in a Fortune essay published Monday, argued private corporations are best positioned to build a much-debated digital U.S. dollar, and that the government should stand back and let them, doing little, if anything, to regulate their underlying blockchains. “The…

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Will the US Launch a Crypto Dollar? Coinbase CEO Ponders

Facebook’s attempted foray into the crypto world certainly grabbed the world’s attention. Meanwhile, China’s intentions to launch its own stablecoin grabbed the attention of US politicians. Industry leaders are now wondering whether the US will get left behind due to its negative stance towards digital assets. Coinbase Boss: US Left Behind on Crypto Facebook’s global…

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Coinbase Reinstates UK Bank Deposits and Withdrawals

Coinbase has reinstated U.K. bank deposits and withdrawals following a months-long banking holdup. As announced by the company’s U.K. arm in a blog post Thursday, British pound (GBP) deposits and transfers are available once again for local Coinbase customers. GBP denominated transactions were paused following the exchange’s July breakup with Barclays. However, a new partnership with ClearBank,…

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Uproar As Bitcoin Exchange Coinbase Pro Hikes Fees By Up To 233%

US Bitcoin exchange Coinbase has announced it will introduce new fees which will more than double usage costs for some low-volume traders. Low-Volume Traders Feel The Pinch In a blog post on October 3, officials confirmed that the new fee schedule would apply to all Coinbase Pro users from Monday next week.  Coinbase Pro is…

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Coinbase to Pay Users 1.25% Interest on USDC Stablecoin Holdings

You don’t have to be a trader on Coinbase to make a profit. Starting Wednesday, customers of the San Francisco-based cryptocurrency exchange can earn interest on their holdings of the dollar-pegged stablecoin USDC. The annual percentage yield (APY) is 1.25 percent. “We’re trying to build more ways for customers to grow their wealth on Coinbase,”…

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