Coinbase raised money in 2018 at an $8b valuation. It's currently trading at a $9b valuation.
Meanwhile:
2018 Revenues: $520m
2022 Revenues: $3.3b
2018 Users: 22m
2022 Users: 101m
2018 Assets on Platform: $11b
2022 Assets on Platform: $101b
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Meanwhile:
2018 Revenues: $520m
2022 Revenues: $3.3b
2018 Users: 22m
2022 Users: 101m
2018 Assets on Platform: $11b
2022 Assets on Platform: $101b
📍 Follow @Coins for the hottest news in crypto.
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Coins ( ₿ )
What's your take? Yes 👍 No 👎 📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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MoonPay partners with Uniswap to offer fiat on-ramp.
By integrating with MoonPay, Uniswap has made it easier than ever for users to top-up their wallets directly with a card or bank transfer, including Instant ACH.
Conversion demo.
📍 Follow @Coins for the hottest news in crypto.
By integrating with MoonPay, Uniswap has made it easier than ever for users to top-up their wallets directly with a card or bank transfer, including Instant ACH.
Conversion demo.
📍 Follow @Coins for the hottest news in crypto.
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Binance will remove and cease trading on the following trading pairs: ANC/BNB, ANC/BTC, ANC/USDT, MIR/BTC, MIR/USDT, TORN/BTC, TORN/USDT, YFII/BTC.
📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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Home sales volume fell 7.7% in November and 35.4% over the last year.
This is what a housing crash looks like: Volume collapses first, then prices.
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This is what a housing crash looks like: Volume collapses first, then prices.
📍 Follow @Coins for the hottest news in crypto.
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Caroline Ellison and Gary Wang turned on SBF rattling him out to the Feds. The SEC’s civil (non-criminal) complaint is built on their participation and gives us our first “insider’s account” of the FTX disaster.
Sam ordered Caroline to take even more FTX customer money.
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Sam ordered Caroline to take even more FTX customer money.
📍 Follow @Coins for the hottest news in crypto.
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2.15% or 21.54M $FIDA tokens will be unlocked in 18h from now. Trade safe.
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📍 Follow @Coins for the hottest news in crypto.
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In 2022, we learned that:
1) The 2020/21 bull market was a Ponzinomics bubble.
2) Crypto remains, for the most part, a greater-fool asset class.
3) The industry’s profitability was a mirage, based largely on the pseudo-arbitrage in GBTC.
4) DeFi is the opposite of censorship resistant.
5) Blockchains are the opposite of anonymous.
6) There will never be a decentralized, on-chain dollar.
7) There was too much money in crypto, not too little.
8) DAOs are neither decentralized nor autonomous.
9) We're not all going to make it.
For crypto, 2022 was the year of discovering 10,000 ways that won’t work.
Source: Blockworks
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1) The 2020/21 bull market was a Ponzinomics bubble.
2) Crypto remains, for the most part, a greater-fool asset class.
3) The industry’s profitability was a mirage, based largely on the pseudo-arbitrage in GBTC.
4) DeFi is the opposite of censorship resistant.
5) Blockchains are the opposite of anonymous.
6) There will never be a decentralized, on-chain dollar.
7) There was too much money in crypto, not too little.
8) DAOs are neither decentralized nor autonomous.
9) We're not all going to make it.
For crypto, 2022 was the year of discovering 10,000 ways that won’t work.
Source: Blockworks
📍 Follow @Coins for the hottest news in crypto.
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Transactions plummet while user base is in uptrend.
Crypto space never fails to amaze.
📍 Follow @Coins for the hottest news in crypto.
Crypto space never fails to amaze.
📍 Follow @Coins for the hottest news in crypto.
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Forwarded from Crypto News - Fast Market Moving⚡️
HuobiGlobal has partnered with Visa and launching Huobi Visa Card!
Huobi Visa Cardholder benefits include:
🔹Cashback Earnings
🔹Trading Fee Rebates
🔹Merchants Benefits
@Crypto_News | link
Huobi Visa Cardholder benefits include:
🔹Cashback Earnings
🔹Trading Fee Rebates
🔹Merchants Benefits
@Crypto_News | link
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Forwarded from Coach Private Club
Dollar cost average
🔅Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.
🔅Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share.
🔅By buying regularly in up and down markets, investors buy more shares at lower prices and fewer shares at higher prices.
🔅Dollar-cost averaging aims to prevent a poorly timed lump sum investment at a potentially higher price.
🔅Beginning and long-time investors can both benefit from dollar-cost averaging.
😎 @Coach 😇
🔅Dollar-cost averaging is the practice of systematically investing equal amounts of money at regular intervals, regardless of the price of a security.
🔅Dollar-cost averaging can reduce the overall impact of price volatility and lower the average cost per share.
🔅By buying regularly in up and down markets, investors buy more shares at lower prices and fewer shares at higher prices.
🔅Dollar-cost averaging aims to prevent a poorly timed lump sum investment at a potentially higher price.
🔅Beginning and long-time investors can both benefit from dollar-cost averaging.
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SBF released on a $250M bail.
Didn't he say he only had $100k?
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Didn't he say he only had $100k?
📍 Follow @Coins for the hottest news in crypto.
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Forwarded from Crypto News - Fast Market Moving⚡️
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Polygon flips BNB Chain in Daily Transactions Per Week.
Polygon has passed BNB Chain in average daily transactions per week for the second time in 2022.
2022 has been a record year for Polygon's Business Development team. Polygon has landed partnerships with Meta, Reddit, Starbucks and others.
BNB chain, on the other hand, finds itself in the midst of a widening target being painted on CZ's back. Time will tell the fate of Binance. While it seems unlikely, a potential Binance insolvency could spell as much trouble for BNB chain as FTX's implosion has impacted Solana.
2023 will be a year to watch which ecosystems are able to maintain usage in spite of adverse market conditions. We will be keeping a close eye on both Polygon and BNB chain.
📍 Follow @Coins for the hottest news in crypto.
Polygon has passed BNB Chain in average daily transactions per week for the second time in 2022.
2022 has been a record year for Polygon's Business Development team. Polygon has landed partnerships with Meta, Reddit, Starbucks and others.
BNB chain, on the other hand, finds itself in the midst of a widening target being painted on CZ's back. Time will tell the fate of Binance. While it seems unlikely, a potential Binance insolvency could spell as much trouble for BNB chain as FTX's implosion has impacted Solana.
2023 will be a year to watch which ecosystems are able to maintain usage in spite of adverse market conditions. We will be keeping a close eye on both Polygon and BNB chain.
📍 Follow @Coins for the hottest news in crypto.
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The Republic of the Marshall Islands passed a law providing recognition of DAOs as limited liability companies (LLCs).
https://www.theblock.co/post/197435/marshall-islands-dao-law
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https://www.theblock.co/post/197435/marshall-islands-dao-law
📍 Follow @Coins for the hottest news in crypto.
The Block
DAOs recognized as limited liability companies by the Marshall Islands
The Marshall Islands has gone one step forward in its acceptance of DAOs by allowing these organizations to register as LLCs in the country.
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