Bitcoin Reclaims $30K, Why Bulls Face Uphill Task

Bitcoin started a fresh increase from the $28,500 support zone against the US Dollar. BTC must clear $30,600 to move further into a positive zone. Bitcoin formed a base above $28,500 and started a fresh increase. The price is now trading above the $30,000 level and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $30,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a clear move above $30,600.…

My Permissionless presentation on how Coinbase is building for web3

by Surojit Chatterjee, Chief Product Officer, Coinbase Tl;dr: This week I presented our vision for building for web3 at the Permissionless conference by Blockworks. Sharing my full presentation here. My Permissionless presentation on how Coinbase is building for web3 was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story. Author: Source link

Why Coinbase and the WNBA are investing in the future together | by Coinbase | May, 2022

TL;DR: Coinbase is announcing its partnership and investment in the WNBA ecosystem. Today, Coinbase is excited to announce our expanded investment within the Women’s National Basketball Association (WNBA) ecosystem. In addition to the League, our new partners include the Women’s National Basketball Players Association (“WNBPA” — the union which represents all players), two team partners, the New York Liberty and Seattle Storm, and two of the league’s biggest stars, Sue Bird and Jewell Loyd. Coinbase believes the cryptoeconomy will be built by talented and creative women who are rewriting the…

Building a more open financial system: How Coinbase detects bad actors | by Coinbase | May, 2022

By Paul Grewal, Chief Legal Officer Tl;dr: At Coinbase, we take our responsibility to build a more open, accessible financial system very seriously. We’re deeply committed to our asset listing policies and processes, and we’ll continue to innovate as our dynamic space evolves. A few weeks ago, we shared concerns about purchases of certain assets right before we announced they were being considered for listing on Coinbase — possibly using insider information. We take this issue very seriously and therefore wanted to share more about our efforts in this space.…

Bitcoin Trims Gains, Why BTC Could Start Fresh Decline

Bitcoin extended decline and traded below $29,000 against the US Dollar. BTC must stay above the $28,500 level to avoid a sharp decline in the near term. Bitcoin started a fresh decline from the $30,500 resistance zone. The price is now trading below the $30,000 level and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support near $29,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend decline if there is a clear move…

Long Live Crypto. By Kate Rouch, Chief Marketing Officer | by Coinbase | May, 2022

By Kate Rouch, Chief Marketing Officer This week Coinbase celebrated a milestone of 10 years in business by doing what we do best — building! Just this week: Coinbase unveiled our web3 mobile dapp and DeFi wallet and browser, announced our Primer Commerce integration and introduced Coinbase Institute. CMO Kate Rouch explains how Coinbase used this milestone moment to shine a light on all those who remain focused on building the future. COINBASE: The crypto market has taken a downturn. How is your team thinking about this? Volatility is painful,…

Introducing the Coinbase Institute: Advancing the policy debate around crypto and the future of web3 | by Coinbase | May, 2022

By: Hermine Wong, Director of the Coinbase Institute Tl;dr: Today signals the launch of the Coinbase Institute, a global crypto-native think tank. Our mission is to accelerate rigorous, novel research, and to bring together the best minds across disciplines to fuel progress on decentralization, web3, and the future of finance. Today, we’re launching the Coinbase Institute — a global crypto-native think tank grounded in evidence-based research. Our mission is to accelerate rigorous, novel research, and to bring together the best minds across disciplines to fuel progress on decentralization, web3, and…

Bitcoin Eyes Fresh Increase But This Level Is The Key

Bitcoin is stable above the $29,600 support against the US Dollar. BTC must clear the $31,350 resistance to start a decent increase. Bitcoin is struggling to gain momentum above $30,500 and $30,600. The price is now trading near the $30,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $29,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a close above the $31,350 resistance. Bitcoin Price Is…

Embracing Decentralization: Integrating and Building Protocols at Coinbase | by Coinbase | May, 2022

By Jesse Pollak, Senior Director of Engineering at Coinbase Tl;dr: Coinbase is committed to its vision of investing in web3 and the broader cryptoeconomy. We’re embodying this vision by integrating, building, and supporting protocols at Coinbase. Protocols are increasingly integrated into our products, a focus for teams across the company, and a major investment area for Coinbase Ventures. To support this work, we’re growing our Smart Contract Engineering team and building protocol expertise across every role. Over the past year, Coinbase has begun laying the groundwork to transform into a…

Enterprise-grade Liquid Staking Standard with Support of Coinbase Cloud and Figment | by Coinbase | May, 2022

Tl;dr: Enterprise-grade liquid staking is an industry gap. The first-ever enterprise-grade liquid staking protocol is being launched by a highly experienced team of founders, with early support from Coinbase Cloud and Figment. We couldn’t be more excited to announce that Coinbase Cloud, in collaboration with Figment, is supporting a group of experienced founders and operators who are building the first enterprise-grade liquid staking protocol. The founding team of Alluvial, the software development firm developing the new protocol, is led by Matt Leisinger, former Head of Liquid Staking products at Figment;…