# coinbase

Bitwise: bitcoin will grow to $ 200 thousand in 2025

Analytical company Bitwise Asset Management has made 10 optimistic forecasts for the development of the cryptocurrency market in 2025. Among the most important forecasts are that Bitcoin will reach $ 200,000 by the end of next year, as well as a significant increase in the shares of companies with significant crypto investments. The main forecasts of Bitwise analysts: Bitcoin, Ethereum, and Solana will reach new historical […]

Ethereum whale earned $ 146 million in 2 years

A cryptocurrency investor, an anonymous ETH whale, has completed the withdrawal of 96,638.9 ETH purchased on Coinbase in 2022. The total value of the assets withdrawn in a series of transactions exceeds $ 374.87 million. According to Arkham, the last transfer of 11,638.9 ETH took place on December 9 to the Kraken exchange. The whale acquired the coins at an average price of $ 1567 and gradually withdrew assets in 2024 at an average […]

Crypto market analysts predict bitcoin’s growth to $ 100,000

Bitcoin showed an impressive 46.59% gain over the month, raising its capitalization to $ 1.94 trillion. However, further growth depends on a number of factors that experts say are crucial to reaching the $ 100,000 price level. According to analyst Alex Adler Jr, bitcoin remains far from the peak of its market cycle. Using the SMA Multiplier indicator, which analyzes cyclical trends, the expert […]

Crypto billionaires increased their wealth after Donald Trump’s victory

According to Forbes journalists, after Donald Trump won the US presidential election, there was a sharp jump in the stock and cryptocurrency markets, which significantly increased the wealth of a number of famous billionaires. For example, Coinbase CEO Brian Armstrong increased his wealth by $ 2.6 billion, bringing his total capital to $ 11 billion. This was made possible by a 31% increase in the stock […]

Crypto exchange Coinbase has launched its own version of wrapped bitcoin

The cryptocurrency exchange Coinbase has announced the launch of its own version of the wrapped bitcoin called cbBTC. This is an ERC-20-based token backed by bitcoins on the company’s balance sheet in a one-to-one ratio. At the initial stage, cbBTC will be available on the Base and Ethereum networks, but in the future, it is planned to expand to other blockchains. Coinbase notes that cbBTC solves one of the key problems of bitcoin […]

The number of cryptocurrency millionaires grew by a record 95% during the year

Over the past year, the number of cryptocurrency millionaires in the world has increased by 95%. This is due to the growth in the value of bitcoin and other crypto assets, as well as the emergence of bitcoin ETFs, Forbes writes. According to a new report by New World Wealth and Henley & Partners, there are currently 172,300 people in the world who own crypto assets worth more than […]

US authorities move $ 600 million worth of confiscated bitcoins

The US government recently made a significant transfer of its confiscated digital assets. According to CoinDesk, about 10,000 bitcoins related to the Silk Road case were transferred to Coinbase Prime, the institutional arm of the cryptocurrency exchange. The value of the transaction is approximately $ 600 million. While such large deposits on exchanges often indicate an intention to sell assets, CoinDesk speculates that this particular transfer may have […]

Cryptocurrency exchange Coinbase unknowingly helped hackers steal $ 1.7 million in digital tokens

Fraudsters posing as representatives of the cryptocurrency exchange Coinbase have deceived at least three users of the platform over the past week. One of the victims lost $ 1.7 million in digital tokens. Cointelegraph writes about it. Tegan Kline, co-founder of Edge & Node, shared on the X platform the story of her friend who lost $ 1.7 million after a scammer convinced him to share part of his seed […]