Coinbase’s

Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?

Coinbase’s Base Transaction Volume Surpasses $1.6B: ‘Base Spring Ahead’?

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Coinbase’s Layer 2 network – Base – has been dominating the L2 landscape. March has been particularly lucrative for the scaling solution gaining significant traction as a result of increased meme coin frenzy as well as airdrops in recent weeks. With approximately 890,000 daily active addresses, Base has yet again taken the lead, indicating a significant […]

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Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst

Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst

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Last updated: February 15, 2024 15:15 EST | 1 min read Image by Rafael Henrique, Adobe StockSenior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could

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Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs

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Last updated: January 11, 2024 13:16 EST | 1 min read Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin Templeton, and WisdomTree, are set

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Coinbase’s Base Network Surpasses zkSync Era in TVL, Soars 25% to $558M: Data

Coinbase’s Base Network Surpasses zkSync Era in TVL, Soars 25% to $558M: Data

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Coinbase’s Ethereum layer-2 protocol, Base, has recorded a significant rise in its total value locked (TVL) once again, hitting $558 million this time. According to data from Ethereum layer-2 analytics platform L2Beat, Base’s TVL surged by more than 25% in the past seven days, surpassing Matter Labs’ zero-knowledge (zk) rollup tech-powered scaling solution, zkSync Era,

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