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Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute


On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....

Bitcoin Price Outlook for June


Halfway through June, crypto markets have been rocked by several macro factors, which have brought bears to return to action. Bitcoin has moved below $25,000 for the first time since March, as the Security and Exchange Commission (SEC) sued both Binance and Coinbase. The Federal Reserve has also...

BlackRock Close to Filing an Application for a Bitcoin ETF: CoinDesk


The world’s largest asset manager is close to filing an application for a bitcoin exchange-traded fund, according to CoinDesk.  BlackRock will use Coinbase (COIN) Custody for the ETF as well as Coinbase’s spot market data for pricing, a source told CoinDesk.  It is not clear if the ETF will...

SEC Crackdown on Crypto: Harsh Realization or Necessary Clarity?


The cryptocurrency industry has been under huge pressure since the price of Bitcoin plunged from its all-time high of $69,000 in late 2021.  A string of alleged frauds, financial contagions, and security breaches, along with the collapse of some high-profile trading and lending platforms, has...

Hong Kong Welcomes Crypto Exchanges Following SEC Crackdown, Lawmaker Says


A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker noted. Hong Kong Welcomes Crypto Exchanges Hong Kong...

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