Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. Related Reading In a post on X shared with employees, Armstrong…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Institutional demand for XRP is slowly creeping back in recent days. Inflows into Spot XRP ETFs in the US are picking up pace, even with price action still subdued under $1.4. Notably, the latest ETF data shows that a measurable portion of the token’s circulating supply is already being absorbed by these investment vehicles. ETFs…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
The Office of the Comptroller of the Currency handed Coinbase a national bank trust charter last week — a major regulatory win that came as the crypto exchange’s CEO was ramping up pressure on Congress to finalize long-stalled digital asset legislation. Related Reading Armstrong Reverses Course On Clarity Act Brian Armstrong, who pulled Coinbase’s backing…
Institutions are quietly accumulating large amounts of XRP, suggesting a wave of strategic buying that could influence prices as available tokens become scarcer. Recent reports show that major financial players have already invested hundreds of millions of dollars in XRP, potentially signaling a looming supply crunch. Analyst Says XRP Supply Shock Incoming On April 4,…
Coinbase, the largest publicly listed cryptocurrency exchange in the United States, has been granted an Australian Financial Services Licence (AFSL) with retail derivatives authorisation by the Australian Securities and Investments Commission (ASIC). The company says it is the first crypto exchange to receive the approval directly from the regulator, and has flagged plans to expand…
New reports reveal that XRP’s supply on Coinbase has crashed to historical lows as investors and community members appear to be boycotting the exchange following the recent delay in the CLARITY Act. On the one hand, the recent movement shows joint unity among XRP holders as they collectively exit exchanges in protest. On the other…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…