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Crypto Exchange Coinbase Narrows Losses Thanks to Cost Reduction Strategy
4.8.2023
Major US-based crypto exchange Coinbase has reported a smaller loss in the second quarter this year compared to the same quarter last year, while its revenue exceeded analysts’ expectations.
Coinbase’s loss for the quarter came in at $97 million, down from $1.1 billion a year before, the firm’s...
Coinbase Urges Court to Dismiss SEC Case, Claiming Regulator ‘Overstepped’ Its Statutory Authority
4.8.2023
In a motion for judgment filed on August 4, Coinbase hit back against the SEC’s lawsuit alleging it facilitated unregistered trading of securities, arguing the agency lacks authority to regulate digital assets in this way. Coinbase Fights Back Against SEC’s Crypto Exchange Lawsuit In...
Robinhood's Q2 Earnings Show 18% Decline in Crypto Trading Revenue
4.8.2023
In its Q2 2023 earnings report, Robinhood (HOOD), the online trading platform known for its crypto-friendly approach, revealed crypto trading revenue of $31 million, representing an 18% decrease from the previous quarter's $38 million.
Despite this decline, Robinhood achieved profitability...
A rush for the new gold: Crypto investors pile into Chainlink, Stellar, and Borroe
4.8.2023
In anticipation of the upcoming bull market, investors are increasingly flocking to the promising altcoins Borroe ($ROE), Chainlink (LINK), and Stellar (XLM). Experts have touted Borroe (ROE) as the future of Web3 funding, capturing the attention of savvy Web3 enthusiasts worldwide. Borroe ($ROE)...
Germany is dragging Europe’s economy down — and that’s great for crypto
4.8.2023
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies
Lithuanian Financial Intelligence Arm Lists Several Crypto Firms as New AML Violators
4.8.2023
The Financial Intelligence Unit (FNTT) of Lithuania has released a new list of anti-money laundering (AML) violators, featuring several crypto service providers in the country.
Lithuania is fast becoming a significant player in the European digital asset market, with its progressive approach...
Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund
4.8.2023
The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1
Shiba Inu Price Prediction as SHIB Rallies 5% on Binance Collateral Announcement – Could A Break Above This Key Level Spark Next Bull Run?
4.8.2023
Shiba Inu (SHIB), a Shiba Inu dog-themed token that is the second largest meme coin by market capitalization behind Dogecoin (DOGE), is rallying on Friday amid news that Binance will allow the asset to be used as collateral on its platform.
As per an update from Binance, the platform users will...
Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin
4.8.2023
Bitcoin-friendly Miami Mayor Francis Suarez will be accepting donations in bitcoin (BTC) and other crypto for his presidential campaign, he announced on CoinDesk TV on Friday
Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried's 'Bail be Revoked and Defendant be Detained'
4.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US...
Bernstein Report: Top Crypto Miners Set to Benefit Most as Capacity Surges
4.8.2023
Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends.
According to the report released on Aug 3, the top 4 largest miners who have invested heavily in equipment...
Is It Too Late to Buy Optimism? OP Price Rockets Up as Coinbase Announces Base Launch Date and Viral Meme Coin Shibie is the Next Crypto to Explode
4.8.2023
Ethereum layer-2 scaling solution Optimism (OP) has been on a multi-month climb as markets brace with anticipation for a huge upcoming Coinbase BASE listing.
Coinbase's decision to list BASE (an Ethereum layer-2 blockchain developed in-house by Coinbase) has ignited a frenzy in the markets for...
Unlock the Power of AI and Trading Edge with Launchpad XYZ – The Gateway to Successful Web3 Trading
4.8.2023
Trading in the crypto space is challenging, especially for novices. It's not just about understanding market trends and knowing when to make a trade, but also about managing one's emotions. An emotionally charged decision can lead to massive losses or missed opportunities. ...
Read More: Unlock...
Digital Bank Revolut to Suspend Crypto Services For US Customers Citing Regulatory Uncertainty
4.8.2023
Crypto-friendly British neobank Revolut has announced plans to halt its crypto services for US customers.
The digital bank cited the market uncertainty and changes to the local regulatory landscape in the country for suspending crypto services.
The England-based fintech firm will suspend...
Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips
4.8.2023
Over the past 30 days, bitcoin has dipped by 5%, yet the leading cryptocurrency has seen a gain of 29.05% from August 3, 2022 to August 3, 2023. Moreover, BTC’s value in 2023 alone has surged more than 75% against the U.S. dollar, standing at $5,800 above the crypto asset’s mean...
Girl Gone Crypto thinks ‘BREAKING’ crypto news tweets are boring: Hall of Flame
4.8.2023
Girl Gone Crypto has amassed a huge following on Twitter thanks to her interesting and unique take on crypto news
Grab a Slice of the Teenage Mutant Ninja Turtles with Cowabunga Coin – 6 Day Countdown Begins
4.8.2023
If you ever enjoyed watching Teenage Mutant Ninja Turtles (TMNT) on TV as a child, or even as an adult, chances are you've heard the term "Cowabunga!" quite a few times. The iconic catchphrase has not only seeped into popular culture but also become the namesake of an upcoming cryptocurrency...
Canadian Digital Asset Ownership Plummets Amid Global Regulatory Uncertainty: Bank Of Canada
4.8.2023
Cryptocurrency ownership in Canada declined in 2022 due to a plethora of factors including uncertainty in regulation, fear of digital asset scams, and unfavorable market conditions.
A new survey, the Bitcoin Omnibus Survey (BTCOS) by the Bank of Canada highlights the trend of digital assets...
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
4.8.2023
Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange