Coinbase Launches New TV Campaign; $COIN Price Soars
Top US based crypto exchange Coinbase is attempting to change the narrative around cryptocurrencies as part of an upcoming television advertisement campaign. Interestingly, the ad campaign will be live in Washington DC, where a majority of the US lawmakers and regulators are based in. Brian Armstrong, the chief executive officer of Coinbase, shared some insights into how the advertisements would go. The exchange appears to be planning to shape the crypto market narrative instead of promoting its own products.
“It’s Time To Update The System”
In a short video message, Armstrong explains “how crypto moves America forward and why it’s the most important technology we have to create more economic freedom.” Overall, the crypto ad campaign is targeted at showacasing how the digital assets industry can help update the financial system. It’s time to update the system, the CEO added. Armstrong explained that there was no stopping the invention behind cryptocurrencies, as most countries began embracing the technology.
“Cryptocurrency, regardless of what you think about it, is not going anywhere. It can’t be uninvented. Most of the world is embracing this technology now to update their financial system.”
He also explained how the crypto market is associated with a perception about financial frauds and scams. Therefore, crypto is not just a means to transact but a useful technology for various walks of life, Armstrong added.
$COIN Price Soars
Meanwhile, the Coinbase price $COIN jumped in response to the news of the TV commercial campaign. The $COIN stock price saw an overall increase of around 6% since market opened on Monday. After a dip at the $49 level earlier in the first week of May 2023, the $COIN price had more or less maintained a sideways pattern around the $60 level.
More news about ulasan coinbase
- Dec 07, 2023 12:39 amCCData’s November 2023 Exchange Review: Capturing the Pulse of Crypto Trading DynamicsCCData, a benchmark administrator sanctioned by the Financial Conduct Authority (FCA), stands at the forefront of digital asset information, delivering top-tier data and indices for settlement purposes. The firm excels in compiling and interpreting tick data from internationally recognized trading platforms, offering a detailed and extensive view of the digital asset market. This view... source: https://www.cryptoglobe.com/latest/2023/12/ccdatas-november-2023-exchange-review-capturing-the-pulse-of-crypto-trading-dynamics/
- Jun 13, 2023 12:36 pmData: Top SHIB holders outside exchanges withdraw $10M SHIB from Binance and CoinbaseData: According to Lookonchain monitoring, the largest holder of SHIB excluding exchange addresses withdrew 1.5 trillion SHIB (approximately $10 million) from Binance and Coinbase 4 hours ago. At present, the address starting with "0x40B3" holds 5.3 trillion SHIB ($35.5 million), and transferred 200 trillion SHIB ($134.4 million) to the address starting with "0x73AF" on May 16.
- May 30, 2023 8:13 amData: 72% of ETH liquidity is concentrated in Binance, Bitfinex, OKX, Coinbase and KrakenKaiko data shows that 72% of ETH liquidity is concentrated in 5 exchanges, namely Binance, Bitfinex, OKX, Coinbase, and Kraken, and all other 41 exchanges account for only 28% of market depth. Before the FTX crash, FTX and FTX.US accounted for nearly 40% of market liquidity. U.S. exchanges currently have a market depth share of around 40%, down from an all-time high of 54% before Terra’s crash last May.
- Feb 27, 2023 9:32 amCoinbase L2 Network Base Plans to Integrate Coinbase Wallet and Coinbase DappAccording to CryptoSlate, Jesse Pollack, head of the Coinbase protocol, said that the Coinbase L2 network Base plans to integrate Coinbase Wallet and Coinbase Dapp.
- Feb 16, 2023 8:58 amCrypto KOL: Binance, Coinbase, Kraken, OKX, Bitget will be among the top five exchanges in 2023Coin Bureau, an encrypted YouTube channel with 2.22 million subscribers, talked about the crypto exchange market landscape in 2023, predicting that Binance, Coinbase, Kraken, OKX, and Bitget will be among the top five exchanges. Foresight News notes that Coin Bureau was established in 2017 and is committed to providing information, research and education on cryptocurrency investment and trading, including sharing analysis, reviews and insights on cryptocurrency and blockchain technology on YouTube channels and websites.
- Feb 03, 2023 10:39 amData: An RNDR giant whale address transferred 4.25 million RNDRs to Binance and Coinbase 1 hour agoAccording to Lookonchain monitoring, a giant RNDR whale address transferred 4.25 million RNDRs (approximately 7 million U.S. dollars) to Binance and Coinbase at 09:36:35 on February 3, Beijing time, and still held 1.93 million RNDRs (approximately 3.16 million U.S. dollars). Ten thousand U.S. dollars).
- Feb 01, 2023 7:31 pmReview report: Celsius uses QuickBooks to keep track of its financesCelsius, like FTX, used QuickBooks to record its finances, making it particularly challenging to assess the company’s financial position after bankruptcy, according to a Celsius investigative report released by the examiner, Decrypt reported. Celsius' financials were recorded in 15 separate Quickbooks across its divisions, with no automated system to generate consolidated statements, the report showed. In addition, Celsius began manually producing the statements in the second quarter of 2022, and the investigation revealed a "significant discrepancy" between the account balances in Celsius' Quickbooks files and the account balances credited to create the consolidated statements.
- Dec 26, 2022 9:24 amCoinbase: The Coinbase NFT marketplace will support Polygon NFTs and be able to purchase NFTs with Coinbase balancesCoinbase issued an article "How Coinbase is building the bridge to web3" (How Coinbase is building the bridge to web3), stating that it will act as a bridge to Web3 for customers by enhancing key building blocks, including improving the security of its proprietary encrypted wallet, Added DApp blacklist and spam token management tools for Coinbase wallet. Coinbase has also indicated that it will focus on NFTs as a means of promoting cryptocurrency adoption, including the Coinbase Wallet, which provides users with in-app browser access to every major NFT marketplace and view NFT offers directly on the Coinbase website, Coinbase The NFT marketplace will also support Polygon NFTs in the coming months, with the ability to purchase NFTs from LooksRare and OpenSea on Coinbase NFT using your Coinbase balance. In addition, Coinbase revealed that it is using its cloud service Coinbase Cloud to help developers create Web3 infrastructure, with the goal of helping Web3 developers build a better, safer and decentralized Internet.
- Oct 17, 2022 4:38 pmCoinbase Hires Former Solarisbank CEO as Managing Director for Coinbase EuropeCoinbase has hired Daniel Seifert, the former CEO of German fintech company Solarisbank AG, as managing director for Coinbase Europe, Bloomberg reported. According to Nana Murugesan, Vice President of Coinbase International and Business Development, Coinbase plans to continue to fill the core positions of the European business in the future.
- Aug 22, 2022 3:12 pmLayerSwap has supported the transfer of some assets on Loopring to Coinbase and BinanceLayerSwap, a project designed to help users transfer assets from CEX to Layer 2, already supports users to transfer Ethereum, USDC and LRC on Loopring directly to Coinbase and Binance.
More news about ulasan coinbase
