Coinbase Did Over 120,000 Transactions on Sunday, According to Chart Data
According to a chart published on the Coinbase site, the brokerage broke a record yesterday, doing over 100,000 transactions. In fact, they did nearly 122,000 transactions, according to the data available. That's up quite a ways from the last spike. It's actually a huge jump from last time, which was November 28th, surpassing 98,000 transactions that day. Coinbase has grown tremendously since bitcoin has become an international phenomenon, and it's easily become the go-to place to easily acquire bitcoin in the United States. In fact, Coinbase has been adding somewhere on the order of....
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If confirmed, someone could have made a serious commitment to BTC worth over $1 billion. Bitcoin (BTC) could be seeing renewed interest from big buyers as data shows large tranches of coins leaving major exchange Coinbase.As shown by monitoring resources including Whale Alert and CryptoQuant on March 11, an unknown wallet has received almost 30,000 BTC from the U.S. platform.Coinbase Pro $1.15 billion lighterThe potential buy-in came in the form of three separate transactions on Coinbase Pro, Coinbase’s professional investment arm.According to Whale Alert, these were for 9,843 BTC, 9,901....
On Sunday, three days after adding support for the popular Unified Payments Interface payment instrument in India, Coinbase – the largest US-based cryptocurrency exchange – removed the feature to purchase bitcoin using the system in India. UPI is an instant real-time payment system designed by India’s National Payment Corporation to enable interbank transactions via mobile phone on Coinbase’s […]
The CEO of CryptoQuant says a recent 15,200 BTC outflow at Coinbase is a sign that institutions are accumulating for the next Bitcoin bull break. Recent Bitcoin (BTC) outflows from Coinbase are reminiscent of the “proof-of-keys” days and could be a sign of a bullish future, according to CryptoQuant CEO Ki Young Ju.Data from the cryptocurrency analysis firm shows that more than 15,200 BTC, currently worth over $515 million, were withdrawn from Coinbase on Jan. 31.BTC outflows from Coinbase. Source: CryptoQuantAccording to Ki Young Ju, the withdrawal “went to custody wallets that only have....
Bitcoin exchange Coinbase is under scrutiny by the government agency the IRS, shocking the community. However, it seems Coinbase will be doing everything it can to protect its customer’s data and possibly fight the summons through litigation. Can the IRS Really Sift Through All Coinbase Customers Transactions Over Three Years? As Bitcoin.com reported....