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SEC Has No Jurisdiction Over Cryptos on Coinbase's Platform, Exchange Claims in Response to Regulator's Lawsuit
29.6.2023
U.S. crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the U.S. Securities and Exchange Commission's (SEC) purview in its first legal response to the regulator's lawsuit. The SEC sued Coinbase at the beginning of June, alleging that a dozen of...
Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
27.6.2023
Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release....
Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
Despite Abandoning Prime Trust Deal, BitGo Eyes Other Acquisitions
27.6.2023
After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline.
In an interview with CoinDesk TV, BitGO CEO said that they have got more acquisition pending which the company has not been able to announce yet.
Belshe predicted...
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
26.6.2023
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said
Coinbase Gains Victory in Supreme Court Over Arbitration Lawsuit – Here's What You Need to Know
24.6.2023
The US Supreme Court has ruled in favor of Coinbase, backing its request to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration.
On Friday, five of the nine Justices voted in support of Coinbase's request, overturning a lower...
Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
24.6.2023
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory...
Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
23.6.2023
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month
US Supreme Court halts Coinbase cases in its first crypto ruling
23.6.2023
The United States Supreme Court ruled in favor of Coinbase in its first ever opinion on a cryptocurrency case on June 23
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
23.6.2023
Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling
Brian Armstrong Envisions Coinbase to Eventually Become a 'Super-App'
22.6.2023
Coinbase will look more like Tencent's WeChat than the simpler crypto exchange interface of today, Armstrong said
Binance US Market Share Shrinks Amid Legal Battle With SEC
22.6.2023
The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops...
Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing
22.6.2023
Trading volumes have seen a marked increase on Coinbase since the filing for a spot bitcoin ETF
Balaji Srinivasan Highlights De-Dollarization Past of Biden’s Top Economist
22.6.2023
Former Chief Tech Officer at Coinbase, Balaji Srinivasan, took to Twitter to remind his followers about Jared Bernstein’s earlier stance on de-dollarization. The angel investor sees logic in views that the new White House top economist has now abandoned, on the U.S. dollar’s status as a global...
Binance launches regulated platform in Kazakhstan amid troubles in the West`
21.6.2023
Amid growing regulatory uncertainty in the West several crypto platforms have shifted their focus toward the Asia Pacific region
Bitcoin, Ethereum Technical Analysis: BTC Bulls Recover SEC Related Losses, as Price Moves Near $29,000
21.6.2023
Bitcoin rallied to a six-week high on Wednesday, as price moved to the cusp of a breakout above the $29,000 level. Today’s surge sees bulls recover almost all of the losses that came after the Security and Exchange Commission (SEC) sued Binance and Coinbase. Ethereum also climbed higher...
4 things that can spark the next Bitcoin bull cycle
20.6.2023
Bitcoin is down 15% from its 2023-highs, but $40,000 may be closer than you think due to several important factors
Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million
19.6.2023
Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations?
Coinbase Condemns SEC's 'Evasive Response' to Court Mandate
19.6.2023
The US Securities and Exchange Commission was recently heavily criticized by a Coinbase executive after it provided rather evasive responses to questions from the US federal court.
The exchange’s Chief Legal Officer, Paul Grewal, commented on the regulator’s behavior in a series of tweets....
Coinbase stock rose by almost 6% in the previous week
19.6.2023
According to data released by The Block Research, Coinbase’s stock price increased by approximately 6% from the previous week and closed at $55.59. Coinbase traded up 5.93% over the previous week. Consideration must be given to the fact that all of this is occurring while the Securities...