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Coinbase Reached $ 8 Billion!

High-level separation in Coinbase

One of the directors of Coinbase, one of the largest crypto-money platforms in the US, left the company.

Coinbase, one of the largest crypto money exchanges in the US, said that Adam White, head of the enterprise platform group, left the company.

White’s departure from the company came at a critical time, after Coinbase became a leading crypto money exchange for individual investors, trying to connect major customers, such as free-investing funds and other corporate clients, to the platform. White was finally Coinbase Institutional’s Vice President and General Manager.
Yesterday, the company announced that former CEO of Instinet, Jonathan Kellner, joined the company as Coinbase Institutional General Manager, taking over White.
White joined Coinbase in 2013 when the company was in a one-bedroom apartment and Bitcoin was trading at $ 200.

He also completed his MBA at Harvard Business School. Prior to his post of Coinbase, he was a member of the US Air Force Bain & Co.

Number of Users in Coinbase Passed Total Bitcoins!

Coinbase, the crypto money exchange and wallet manufacturer, continues to expand its portfolio and expand its company. In order to attract corporate investors to the crypto money sector, the increase in the number of users of the company, which was working in the end, has revealed an interesting situation.
Coinbase, which currently increases its total number to 25 million, continues to improve itself in this sense. Software engineer Jameson Lopp, who posted a tweet on the subject, gave information about Coinbase’s user figures.

Lopp states that Coinbase has added 5 million new users to its user portfolio in the last 6 months, and this is evident from the fact that the company has really gained momentum recently.

At the beginning of last year, on January 1, 2017, the number of people registered in Coinbase was about 5 million, but on January 1, 2018, it had tripled and reached 15
million. Coinbase, which added 10 million new users later this year, seems to continue to grow and evolve.

It is now theoretically impossible for a Bitcoin to fall on each person on the platform.
Meanwhile, in the news recently, it was reported that Coinbase is negotiating with Tiger Capital, a large investment firm.

Novogratz: ‘‘The Coinbase Value of 8 Billion Prove That Crypts Are Not Tulip.’’

The famous Bitcoin bull, Michael Novogratz, stressed that the multi-billion dollar Coinbase value is a proof that crypto currencies are not tulips.

Coinbase Reached $ 8 Billion!

The CEO of Galaxy Investment Partners, the crypto-money investment firm and famous billionaire Michael Novogratz, made striking statements to those who approached Bitcoin and other crypto currencies with suspicion. According to the news yesterday, Novo, $ 8 billion worth of Coinbase company, even by itself, not even the crypto-currencies of the tulips alone, he said. Of course, the word i tulip sahip here has a special meaning. The event, known as Tulip Mania or Tulip Madness, is the name given to the period when the prices of tulip bulbs in the Dutch Golden Age suddenly increased and collapsed. So it’s one of the biggest financial balloons in the world.

Coinbase, one of the leading US-based crypto money exchanges, had recently come up with a bargain with Tiger Global and would be worth $ 8 billion if the deal was made according to Recode and Dow Jones technology websites.
At a conference Tuesday, Novogratz referred to Coinbase as the poster boy of the krypton and said that Tiger is not “an investor,” but that they are smart and tech-savvy.
In the same event, Novogratz said that the leading crypto currency could not reach at least $ 9,000 by the end of this year.

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.
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