{"id":13667,"date":"2021-11-13T07:36:14","date_gmt":"2021-11-13T06:36:14","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=13667"},"modified":"2021-11-13T07:36:24","modified_gmt":"2021-11-13T06:36:24","slug":"coinbase-includes-a-feature-a-users-allocation","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/coinbase-includes-a-feature-a-users-allocation\/","title":{"rendered":"Coinbase Now Includes a Feature That Shares a User\u2019s Allocation"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">Coinbase, the crypto exchange's app, now has a feature that communicates a user's allocation percentage\u2014not balances\u2014with their network of friends<\/h5>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/Coinbase-Now-Includes-a-Feature-That-Shares-a-Users-Allocation.png\" alt=\"Coinbase Now Includes a Feature That Shares a User\u2019s Allocation\" class=\"wp-image-13668\" width=\"1200\" height=\"650\" \/><figcaption>Coinbase Now Includes a Feature That Shares a User\u2019s Allocation<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Coinbase Goes Social<\/h2>\n\n\n\n<p>All of Coinbase's 68 million verified users in the United States can now make information about their portfolio more easily public.<\/p>\n\n\n\n<p>Senior product manager Rishav Mukherji <a href=\"https:\/\/blog.coinbase.com\/empowering-the-crypto-community-with-new-ways-to-learn-and-share-7a5f4bb1dcc0\" target=\"_blank\" rel=\"noopener\">stated<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> in a Coinbase blog post on Friday that the crypto exchange's app now has a feature that communicates a user's allocation percentage\u2014not balances\u2014with their network of friends. He stated that this is just the beginning of people providing more information about their Coinbase trades in the coming weeks.<\/p>\n\n\n\n<p>&#8220;We want the crypto-economy to be able to share expertise and information and learn from one another,&#8221; Mukherji said.<\/p>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/coinbases-crypto-trading-volume-fell-by-29-in-the-third-quarter.html\" data-type=\"post\" data-id=\"13569\">Coinbase<\/a> is the largest crypto exchange in the United States, with 8.8 million monthly active users as of the second quarter of 2021 and <a href=\"https:\/\/cointelegraph.com\/news\/coinbase-shares-to-open-lower-after-75-drop-in-net-income-in-q3\" target=\"_blank\" rel=\"noopener\">more than $1.2 billion in revenue<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>. The company's profits in the same quarter were $406 million, down 74.7 percent from the previous quarter.<\/p>\n\n\n\n<p>Although some may consider significant people openly announcing even the percentage allocation of their funds a market indicator, the social media integration is essentially a new move for Coinbase. <\/p>\n\n\n\n<p>Tim Cook, the CEO of Apple and a billionaire, <a href=\"https:\/\/cointelegraph.com\/news\/tim-cook-says-he-bought-crypto-but-rejects-apple-adding-it-to-its-portfolio-for-now\" target=\"_blank\" rel=\"noopener\">announced<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> for the first time this week that he had some cryptocurrency in his portfolio, although he didn't specify which sort or how much. Others, like Shark Tank star Kevin O'Leary and Mad Money anchor Jim Cramer, have been more forthcoming about their cryptocurrency holdings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase, the crypto exchange&#8217;s app, now has a feature that communicates a user&#8217;s allocation percentage\u2014not balances\u2014with their network of friends Coinbase Goes Social All of Coinbase&#8217;s 68 million verified users in the United States can now make information about their portfolio more easily public. Senior product manager Rishav Mukherji stated in a Coinbase blog post [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":13668,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,21],"tags":[5414],"class_list":["post-13667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","category-news","tag-coinbase-social-crypto-exchange"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/Coinbase-Now-Includes-a-Feature-That-Shares-a-Users-Allocation.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=13667"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13668"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=13667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=13667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=13667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}