Coinbase Prime receives $303 million in Bitcoin from BlackRock
BlackRock deposits $303 million in Bitcoin and $18 million in Ethereum in Coinbase Prime as its ETFs face recent outflows. Asset management giant BlackRock has deposited 3,290 Bitcoin (worth approximately $303 million) and 5,692 Ethereum (valued at around $18 million) into Coinbase Prime , according to Arkham Intelligence data. This move comes amid growing volatility […]
Coinbase Net Revenue Drops By 39% in Q3 2021
Coinbase, the biggest US crypto exchange reported a fall in both retail and institutional trading volumes of $1.2 billion in net revenue in Q3 due to lower market volatility Metrics Of Importance Bitcoin (BTC) and Ethereum (ETH) accounted for 41% of Coinbase’s overall trading volume in the third quarter, down from 50% in the second […]