By Sid Coelho-Prabhu, Director of Product Management, and Jeff Hinojosa, Product Manager Tl;dr We have completely redesigned the Coinbase Wallet mobile app to be more intuitive and visually-compelling. With best-in-class multichain support that now includes Solana, one tap access to view your DeFi positions, dark mode, and real time price charts, the new Wallet app puts the power of web3…
Month: June 2022
Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom
Bulls bet on BTC prices above $60,000 for the June monthly options expiry, and now pro investors are going to pay a hefty price for being wrong. Source: https://cointelegraph.com/news/friday-s-2-25b-bitcoin-options-expiry-might-prove-that-17-6k-wasn-t-btc-s-bottom
eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles. According to a press release on Wednesday, Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, purchase, and resell NFTs via…
The Bitcoin Customer Service Department
In order to orange-pill the world, Bitcoiners must foster connection and trust, rather than create frustration and division for those who are curious. Maxx Mannheimer is a former sales account manager with a background in training and industrial-organizational psychology. In a decentralized network, we are all customers, we are all sales, we are all operations, we are all IT and…
Binance.US Now Offers Zero-Fee Trading For Spot Bitcoin Pairs
Customers of Binance.US can now trade four spot bitcoin pairings with zero fees and a low 0.5% fee for using the “Buy Crypto” function. Binance.US now offers zero-fee trading on four spot market pairings for BTC.Customers will still pay a 0.5% fee when using the “Buy Crypto” function.Binance cited rising fears of recession as its reason for lessening fees on…
BIS: Crypto’s ‘Structural Flaws’ Make It Unsuitable as Basis for Monetary System
A new report from the Bank for International Settlements (BIS) concludes that crypto’s “structural flaws” make it “unsuitable as the basis for a monetary system.” The Annual Economic Report 2022 from the BIS, a global organization of 63 leading central banks, goes on to suggest that blockchain’s role in a future monetary system will likely take the form of central…
ECB President Lagarde: Crypto Staking and Lending Must Be Regulated
European Central Bank president Christine Lagarde argued for regulation of crypto activities including staking and lending, in remarks before the European Parliament this week. Speaking as chair of the European Systemic Risk Board (ESRB), Lagarde stated that crypto-assets are “narrowly-defined” under proposed regulation and that future legislation “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”…
BlockFi And Voyager Get Bailed Out By FTX
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Read last week’s issues here: The Sam Bankman-Fried (SBF) FTX and Alameda Research rescue tour is well underway in the broader…
Public Bitcoin Miners Are Selling Off BTC Reserves as Crypto Winter Sets In
It must be a bear market if Bitcoin mining companies, usually the ultimate HODLers, have started selling their stashes. Publicly traded Bitcoin miners, like Marathon Digital and Riot Blockchain, sold more Bitcoin than they produced last month, a big step up from the first four months of the year when they sold only about 30% of what they produced, according…
Bitcoin․com Exchange Market Insights Report for June 2022 – Promoted Bitcoin News
This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance Crypto markets continued on a downtrend as BTC and ETH were down 30% and 44% respectively over the last 30 days. The macroeconomic…