COIN

Bitcoin

April

Read

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Ledger, a leading hardware wallet, has announced its integration with Coinbase, a prominent cryptocurrency exchange.&nbsp;</a> </li> 
 <li> <span>2</span> <a>The firm’s partnership agreement details that Coinbase Pay, an on-ramp solution of Coinbase, will be integrated into the Ledger live application.</a> </li> 
 <li> <span>3</span> <a>Coinbase (COIN) stock price flourished more than 18% weekly and was trading at $140.39 at press time.</a> </li> 
</ul> 
<p>Crypto adoption is picking up pace as companies in the crypto industry are striking deals and entering partnerships more than ever. Ledger, one of the most popular hardware wallet providers, announced its partnership with one of the largest global cryptocurrency exchanges, Coinbase.</p> 
<p>The collaboration between these leading companies aims to streamline the process of trading of cryptocurrencies and will also foresee the transfer of assets from exchange to self-custody.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">We’re excited to announce that <a href="https://twitter.com/coinbase?ref_src=twsrc%5Etfw">@Coinbase</a> Pay is now available as a buy provider through Ledger Live!<br><br>Use your Coinbase login to buy crypto, and have it immediately secured with your Ledger <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f510.png" alt="🔐" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Read more: <a href="https://t.co/aUGWkA78gI">https://t.co/aUGWkA78gI</a> <a href="https://t.co/dkYhnPEFic">pic.twitter.com/dkYhnPEFic</a></p>— Ledger (@Ledger) <a href="https://twitter.com/Ledger/status/1757427724937724412?ref_src=twsrc%5Etfw">February 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>As per CoinMarketCap, Coinbase holds second rank among the centralized cryptocurrency exchanges in terms of usage . However, Binance is still leading the market even after a recent tussle between the ecosystem and the Securities and Exchange Commission (SEC).</p> 
<p>Coinbase offers the trading of 241 tokens/coins of the crypto market in more than 100 countries. The three currencies that are offered/supported by crypto exchanges include USD, EUR, and GBP.</p> 
<p>The partnership entails that Coinbase Pay, an on-ramp solution of Coinbase, will be integrated into the <a href="https://www.thecoinrepublic.com/2020/08/15/ledger-wallet-hacked-crypto-trader-loses-100000-worth-erc-20-tokens/">Ledger </a>live application. The integration will enable the users to transfer their existing crypto asset holdings and immediately transact from their desktop or mobile phone.&nbsp;&nbsp;</p> 
<p>Following the successful integration, users can receive their purchase token/coins directly into the Ledger device.&nbsp;</p> 
<p>Ian Rogers, Chief Experience Officer at Ledger, spoke following the partnership, saying, “Coinbase and Ledger have been two of the only companies in crypto for more than ten years, and it’s already the case that we share both values and customers.”&nbsp;&nbsp;</p> 
<p>He added, “Both Ledger and Coinbase are focused on making crypto easy to use and keeping consumers secure. Now Coinbase users can easily buy crypto right within Ledger Live, and Ledger users can easily buy with Coinbase. Ledger is proud to give this experience to Coinbase customers and option to Ledger users through this partnership.”</p> 
<h2 class="wp-block-heading" id="strong-coinbase-coin-stock-performance-strong"><strong>Coinbase (COIN) Stock Performance</strong></h2> 
<p>Coinbase (COIN) stock price flourished more than 18% in the weekly time frame and was trading at $140.39; however, in the last trading session, the price showed a steep decline of 4.70%.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/5FLR_Va5gJITidaRqJQZKxTvtyN7uYmzc9L6X-7ix2MgVNRsd02bjreltitySQqvh-vmZqbUKE9PDD4lldm1JIcAiVDyFZwft9ABsl_83tilr-UXWUCvV5S3BmFvcC5yDtJeppNfdoKKyg543ENC88E" alt="">
  <figcaption class="wp-element-caption">
   Source: TradingView&nbsp;
  </figcaption>
 </figure>
</div> 
<p>It is crucial to note that in the pre-market session, COIN stock reflected a revival and growth of 7.38%, although market enthusiasts claim this surge to be backed by earnings, which will be released on February 15, 2024.&nbsp;&nbsp;&nbsp;</p> 
<p>The growth in the trading price is expected to continue in the coming months, as the <a href="https://www.thecoinrepublic.com/2024/02/09/bitcoin-halving-trends-miners-outflow-and-bullish-overviews/">Bitcoin halving</a> is approaching; the estimated date is April 19, 2024. The stock price of Coinbase is claimed to be influenced by Bitcoin and its movements because it is one of the major exchanges in which traders prefer to trade Bitcoin in massive quantities daily.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>The views and opinions stated by the author or any people named in this article are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Ledger Hardware Wallet Provider, Coinbase Team Up- Report

Table of Contents

Thecoinrepublic.com

Other articles published on Feb 14, 2024

Bitcoin’s ‘Godzilla’ Year Expected in 2024; AI Altcoin’s Prospects Soars

Breakout Confirmed: Shiba Inu Price Set For A Possible 73% Surge

XRP Price Turns Bullish As Bitcoin Tops $51k, Are Gains Set To Hit $1 This Week?

Analyst Unveils XRP's Historical Patterns and Signals Future Projection

Shiba Inu (SHIB) Flips Resistance: Next Stop $0.00001156?

Bitcoin Price Prediction: BTC Reclaims $1 Trillion Market Cap After 20% Surge In 7 Days As This B...

Join our free newsletter for daily crypto updates!