Bitcoin No Longer Trading at a Premium on Coinbase, Data Show
CryptoQuant's "Coinbase premium" indicator has flipped negative, signaling a weaker net buying pressure from U.S. investors.
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Mar 19, 2024 at 7:58 a.m. UTC
Mar 19, 2024
Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, is a widely recognized cryptocurrency exchange that offers a platform for buying, selling, and storing digital currencies. It's known for its strong emphasis on regulatory compliance and security, making it a popular choice among both novice and experienced crypto investors. Coinbase supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and provides additional services like a digital wallet and educational resources for users.