Crypto Currency

Coinbase expands by opening shop in 11 new countries

Coinbase, one of the most popular cryptocurrency exchanges globally, is launching its crypto-trading service in 11 new countries, the company announced Wednesday.  The full list of countries is as follows: Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand. SEE ALSO: Coinbase launches crypto Visa debit card in…


Coinbase, one of the most popular cryptocurrency exchanges globally, is launching its crypto-trading service in 11 new countries, the company announced Wednesday. 

The full list of countries is as follows: Argentina, Mexico, Peru, Colombia, Chile, India, Hong Kong, South Korea, Indonesia, the Philippines and New Zealand.

With these latest additions, Coinbase now supports 53 countries and territories across four continents. 

The size of some of the markets involved makes this news very important for the crypto space. With the launch, Coinbase is opening up to a combined market of more than 2 billion people. 

Coinbase is one of the biggest, and most reliable, cryptocurrency exchanges that allows fiat deposits from users — a so-called fiat gateway. This makes it especially important in markets that haven’t so far had a very good way to buy cryptocurrencies with fiat.

Image: Coinbase

Customers in these new markets will be able to store, trade, send, and receive cryptocurrencies on Coinbase Pro and Coinbase.com.  It’s unclear, however, when will Coinb

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Crypto Currency

Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC

Key Takeaways: It was the first Bitcoin sale since 2022 as Strategy sold 32 BTC for $2.5 million. Distribution of proceeds to be used on the company’s preferred stock. Following The post Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC appeared first on CryptoNinjas…

Key Takeaways: It was the first Bitcoin sale since 2022 as Strategy sold 32 BTC for $2.5 million. Distribution of proceeds to be used on the company’s preferred stock. Following
The post Strategy Sells Bitcoin for First Time Since 2022 While Still Holding 843,706 BTC appeared first on CryptoNinjas…
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Crypto Currency

Strategy Sells Bitcoin for First Time in Years, Breaks the “Never Sell” Mantra

Thirty-two Bitcoin, Roughly $2.5 million at current prices, for a company sitting on 843,706 BTC worth over $60 billion, that is barely a rounding error on the balance sheet. But the significance of what Strategy just did has almost nothing to do with the size of the sale and everything to do with what it

Thirty-two Bitcoin, Roughly $2.5 million at current prices, for a company sitting on 843,706 BTC worth over $60 billion, that is barely a rounding error on the balance sheet. But the significance of what Strategy just did has almost nothing to do with the size of the sale and everything to do with what it …
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Crypto Currency

Why Did Strategy Sell Bitcoin?

The post Why Did Strategy Sell Bitcoin? appeared first on Coinpedia Fintech News Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin

The post Why Did Strategy Sell Bitcoin? appeared first on Coinpedia Fintech News
Strategy sold 32 BTC (about $2.5 million) primarily to fund preferred stock dividend payments and manage treasury operations, not because it is abandoning its Bitcoin strategy. The sale represents just 0.004% of its 843,706 BTC holdings and is the company’s first Bitcoin sale since its 2022 tax-loss transaction…
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Crypto Currency

Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022

The post Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022 appeared first on Coinpedia Fintech News Strategy, the company led by Michael Saylor, has sold 32 Bitcoins for approximately $2.5 million, according to a recent SEC filing. The transaction was completed between May 26 and May 31 at an average price of $77,135

The post Breaking: Strategy Sells 32 Bitcoin for First Time Since 2022 appeared first on Coinpedia Fintech News
Strategy, the company led by Michael Saylor, has sold 32 Bitcoins for approximately $2.5 million, according to a recent SEC filing. The transaction was completed between May 26 and May 31 at an average price of $77,135 per BTC…
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