Coinbase Nets $771 Million Profit in Q1 2021

Coinbase Nets $771 Million Profit in Q1 2021 Key Takeaways Coinbase tripled its earnings from the previous quarter in Q1 2021, netting a profit of $771 million. Coinbase CEO Brian Armstrong says that the exchange will list Dogecoin soon. The exchange went public on NASDAQ last month, briefly hitting a valuation of $100 billion. Share

Coinbase Nets $771 Million Profit in Q1 2021

Coinbase Nets $771 Million Profit in Q1 2021 Key Takeaways Coinbase tripled its earnings from the previous quarter in Q1 2021, netting a profit of $771 million. Coinbase CEO Brian Armstrong says that the exchange will list Dogecoin soon. The exchange went public on NASDAQ last month, briefly hitting a valuation of $100 billion. Share

Ripple Claims SEC Misquoted It in Latest Development

Ripple Claims SEC Misquoted It in Latest Development Key Takeaways Ripple has filed a new legal memorandum in an attempt to counter previous motions from the SEC. The memo claims that the SEC misquoted Ripple’s statements in its earlier attempts to dismiss Ripple’s defense. This is the latest development in an ongoing lawsuit over whether

Ethereum Market Cap Now Half the Size of Bitcoin

Ethereum Market Cap Now Half the Size of Bitcoin Key Takeaways Ethereum’s market cap is now half the size of Bitcoin’s. The ratio between the assets is 0.08. Many crypto followers believe that Ethereum could overtake Bitcoin to become the largest cryptocurrency by market cap in the future. Ethereum’s roadmap for the coming months includes

Binance Faces Investigation from IRS and DoJ

Binance Faces Investigation from IRS and DoJ Key Takeaways Bloomberg reports that Binance is under investigation by the U.S. Department of Justice and the Internal Revenue Service. Neither Binance nor the government agencies carrying out the investigation have confirmed any details. The investigation appears to be focused on Binance’s customers rather than the company itself

Binance Faces Investigation from IRS and DoJ

Binance Faces Investigation from IRS and DoJ Key Takeaways Bloomberg reports that Binance is under investigation by the U.S. Department of Justice and the Internal Revenue Service. Neither Binance nor the government agencies carrying out the investigation have confirmed any details. The investigation appears to be focused on Binance’s customers rather than the company itself

Cardano Courts Tesla as ADA Hits an All-Time High

Cardano Courts Tesla as ADA Hits an All-Time High Key Takeaways The Cardano Foundation is currently soliciting Tesla to accept its native cryptocurrency, ADA. Tesla is seeking out low-energy cryptocurrencies following its suspension of Bitcoin payments yesterday. Despite ADA’s high market ranking, the coin is rarely used in commerce, making it an unlikely choice for

Cardano Courts Tesla as ADA Hits an All-Time High

Cardano Courts Tesla as ADA Hits an All-Time High Key Takeaways The Cardano Foundation is currently soliciting Tesla to accept its native cryptocurrency, ADA. Tesla is seeking out low-energy cryptocurrencies following its suspension of Bitcoin payments yesterday. Despite ADA’s high market ranking, the coin is rarely used in commerce, making it an unlikely choice for

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