Coinbase Pushes Back on Reports It’s Blocked in Nigeria
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Binary trading platforms with better performance and payouts
Coinbase
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.
ARK offloaded Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
Coinbase CEO Brian Armstrong (CoinDesk)
Massive inflows into spot bitcoin ETFs made headlines recently, but there are other metrics that showcase U.S. investors’ appetite for the asset.
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S.
ARK sold $34.3 million of shares in the crypto exchange, which is due to report earnings after the U.S. market closes.
Tiger sold 38,850 shares during the fourth quarter.