Coinbase’s Profits Revealed 🤑

And... Is BTC Regulation on the Horizon? 👀 Weds. Apr 7, 2021 Market Activity Total Market Cap $1.89T (-3.39%) 24 Hour Volume $215.64B (-0.71%) Notable Movers KuCoin [(KCS)]( Bitcoin Dominance 55.88% (+0.57%) Bitcoin Price $56,611 (-2.39%) [SPONSORED BY]( Banking on Crypto: Earn, Borrow & Exchange with Nexo.io - Earn up to 12% Interest on Crypto, Stablecoins & Fiat - Borrow at just 5.9% APR - Exchange Instantly 75+ Crypto & Fiat Pairs [Get started at nexo.io]( [Crypto.com]( Today’s Top Stories 📰 Learn all about crypto at [Alexandria]( your new online crypto source! [XRP Breaks $1 Amid Ripple Breakthrough 🚀]( [XRP]( dizzying rally continues. The altcoin hit highs of $1.12 on Wednesday — and at the time of writing, it’s risen 73.3% in just seven days. It’s now climbing up the crypto market cap rankings once again as a result. [XRP]( surge may be linked to a breakthrough for Ripple in its legal fight with the SEC. [The company’s lawyer thinks it could be "game over" for the case.]( [Revealed: Coinbase’s Q1 Profits 💰]( New figures show Coinbase pocketed a net income of up to $800 million in the first three months of 2021. The exchange also says it had 56 million verified users over this period, and total revenues of $1.8 billion. Coinbase’s disclosure comes ahead of a hotly anticipated stock market debut next week. [As our article explains, the healthy results came with a warning.]( [Bitcoin Regulation Faces ‘Big Evolution’ 😬]( Goldman Sachs CEO David Solomon has predicted that there will be a "big evolution" in the way [Bitcoin]( regulated. Speaking to CNBC, the head of the banking giant also confirmed that the company is thinking about digital currency "in a very proactive way." [BTC is still struggling to find its footing, and was struggling to hold on to $58,000 on Wednesday morning.]( [Arthur Hayes Surrenders to U.S. Authorities 🚨]( Ex-BitMEX CEO Arthur Hayes has surrendered to U.S. authorities in Hawaii. He has now been released after posting a $10 million bail bond pending further proceedings in New York. The U.S. government has accused Hayes, along with three other executives, of violating the Bank Secrecy Act by failing to maintain adequate money laundering safeguards. [Read more.]( Crypto Is Hiring 💼 [Sr Blockchain Engineer (Rust/Substrate)]( at Privi [Blockchain Data Engineer]( at NYDIG [Full Stack Engineer]( at NYDIG [Business Operations Manager]( at PureStake - Boston [Technical Product Engineer]( at Rigelprotocol [Senior Smart Contract Engineer]( at Rigelprotocol [Head of Marketing]( at Soon - Decentralized 🌍 Thanks for reading! Have a great day — more news tomorrow! 👋 [Go to CoinMarketCap.com]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2021 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States