Coinbase

On Tuesday, Cathie Wood-led Ark Invest made significant trades, with a notable purchase of shares in Robinhood Markets Inc (NASDAQ:HOOD) while offloading positions in Coinbase Global Inc (NASDAQ:COIN) and Grayscale Bitcoin Trust (OTC:GBTC). This move aligns with a similar trading pattern observed...

In an astonishing Monday morning rally, the price of Bitcoin (CRYPTO: BTC) surged past the $31,000 mark, only to gain further momentum and exceed $34,000 later in the day, according to data from CoinGecko.  What Happened: This new milestone not only set a record high for 2023 but also reached...

U.S. stocks showcased a mixed performance as trading neared its end, with the Nasdaq Composite marking a notable gain of over 30 points on Monday to 13,018.33. The Dow, however, dipped by 0.58% to 32,936.41. The S&P 500 experienced a fall and dipped by 0.17% to 4,217.04. These are the top...

On Wednesday, Coinbase Global Inc (NASDAQ:COIN) Chief Legal Officer Paul Grewal voiced his opposition to the Treasury’s proposed regulations for tax reporting of digital assets, emphasizing the potential harm to innovation and fairness in the industry. What Happened: Grewal argued that the...

Blockchain analysts have honed in on a significant transaction originating from a wallet associated with Ethereum (CRYPTO: ETH)  co-founder Vitalik Buterin. What Happened: In the transaction, Buterin transferred approximately $14.9 million worth of USD Coin (CRYPTO: USDC) to the popular...

Cryptocurrency exchange, Coinbase Global Inc. (NASDAQ:COIN), has registered its dissent against a new tax proposal by the U.S. Internal Revenue Service (IRS). The exchange perceives the proposal as a potential threat to the cryptocurrency industry and an infringement on the privacy of U.S. citizens...

Coinbase, the largest cryptocurrency exchange in the US, has recently obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator. This licence will allow Coinbase to offer regulated digital payment...

Ryan Selkis, the CEO of crypto market intelligence provider Messari, celebrated a decade in the cryptocurrency industry on Tuesday.  What Happened: Selkis marked the occasion by sharing a screenshot of an email on social media, revealing his purchase of 10 Bitcoin (CRYPTO: BTC) on October 9,...

In a federal court case against Coinbase (NASDAQ:COIN), the Securities and Exchange Commission (SEC) has contended that cryptocurrencies lack any “innate or inherent value.” This argument has drawn criticism from Tesla CEO Elon Musk and Dogecoin (CRYPTO: DOGE) creator. What Happened:...

Coinbase Global, Inc. (NASDAQ:COIN) initiated one of the largest lobbying efforts by the crypto industry on Wednesday, aimed at rallying support among lawmakers for the introduction of new legislative rules for the industry, Barron’s reported. This event, named “Stand With Crypto Day,...

Vitalik Buterin, the co-founder of Ethereum (CRYPTO: ETH), has made a significant deposit to the cryptocurrency exchange Coinbase.  What Happened: According to data from the Ethereum blockchain scanning website etherscan, Buterin deposited 400 ETH, equivalent to approximately $632,000, to Coinbase...

Cryptocurrency exchange Coinbase Inc. (NASDAQ:COIN)  currently holds $25 billion in Bitcoin (CRYPTO: BTC) reserves.  What Happened: This amount rivals the holdings of Bitcoin’s mysterious creator, Satoshi Nakamoto.  According to Arkham Intelligence, Coinbase holds approximately 36...

Coinbase CEO Brian Armstrong on Wednesday expressed his dissatisfaction with the Joe Biden Administration’s approach towards cryptocurrency.  What Happened: Speaking at Messari’s Mainnet 2023, Armstrong said that the Biden administration has been “really terrible for crypto...

Following the July cyber onslaught on Curve Finance, a dominant player in the decentralized finance (DeFi) sector, Coinbase (NASDAQ: COIN), has found itself in an ethical dilemma. What Happened: The attack, which saw the theft of a massive sum from Curve, has left Coinbase holding an...

FinTech company and issuer of USD Coin (CRYPTO: USDC), Circle introduced the native stablecoin liquidity access on the Layer-1 Blockchain NEAR (CRYPTO: NEAR) protocol ecosystem. Circle has officially issued Native USDC and is always redeemable 1:1 for U.S. dollars. A high-performance blockchain,...