Coinbase Partnering with 401(k) Pensions to Offer Crypto Investments

Coinbase, one of the most popular exchanges for buying and selling cryptocurrencies is teaming up with a company that helps people save for retirement. Now 401(k) plan holders will be able to put up to 5% of their money into crypto assets. There is almost no crypto in 401(k)s and IRAs. Industry insiders say that the high volatility of the crypto market is why they do not allow it. But some...

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Bitcoin Market Continues to Show Weakness While Range Trading

The cryptocurrency market is still choppy. Prices are weak and people are trading in the same place. There was a big outflow of Bitcoin this week, but it was not as bad as many other times. A total of 39,040 BTC were withdrawn from one company. Most of these coins were taken from Kraken (29,700 BTC), but it could have been a transfer within the company. It is also possible that they just wanted...

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Popular Trader Explains Why One Should Not Bet Against the Altcoin

A popular TradingView analyst, Sergey Zhukov, explained that someone should not bet against the altcoin because its rate may go up soon. Experts might not agree with the opinion of the editorial board. The “RBC-Crypto” does not give investment advice, it is only published for introductory purposes. Cryptocurrency is a volatile asset that can lead to financial losses. In May,...

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Coinbase Revises Approach to Hiring and Compensation

Coinbase is starting a new HR strategy. It will increase the amount of money it pays new hires and take away negotiation over their pay packages. And, this year they are going to give those new hires some stock. The US-headquartered giant company that makes crypto exchanges seems to have changed how it hires and manages employees. In a blog post, the company’s human resources chief, L.J....

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Coinbase CEO Says Shares are Worth More Today—If It Were a Crypto Company

Although Coinbase did go public on April 14 with a direct listing on Nasdaq, some analysts found that it was not as successful as anticipated due to its lack of liquidity compared to other private share sales such as Facebook’s IPO in 2012. Olaf Carlson-Wee, the company’s first hire, said that if they had chosen to do an IPO with cryptocurrency instead of fiat currency then their shares...

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