Tag: Coinbase

Coinbase CEO Urges U.S. Lawmakers to Pass Stablecoin Bill

Key Notes Coinbase CEO asks lawmakers to pass the GENIUS Act. The GENIUS Act is meant to regulate stablecoins. Armstrong has requested that lawmakers build on FIT21’s momentum. The CEO of a cryptocurrency exchange Coinbase has called on the Senate to accept the GENIUS Act. Using his X account, Brian Armstrong disclosed that he supported the “Senate starting debate on the GENIUS Act”. Congress has a real opportunity this week to advance stablecoin and market structure legislation. We strongly support the Senate starting debate on the GENIUS Act — and…

Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About $261  Billion

Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a […] Source CryptoX Portal

Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About $261 Billion

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Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a […] Original

Coinbase Pursues US Staking Rights, Saylor Calls Bitcoin a ‘Historic Entry Point,’ and More — Week in Review

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Coinbase pursues U.S. staking rights, Saylor calls Bitcoin a “historic entry point,” Bitcoin’s bull run reloads, and more in this Week in Review. Week in Review Coinbase is battling regulatory setbacks in four U.S. states that have blocked $90 million in staking rewards. Meanwhile, Strategy continues its aggressive bitcoin acquisition strategy, calling the current moment […] Original

Movement (MOVE) Plummets After Top US Crypto Exchange Coinbase Axes Support for the Layer-2 Project

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The Ethereum (ETH)-based layer-2 project Movement (MOVE) cratered to an all-time low on Thursday after Coinbase announced it would axe trading support for the asset on May 15th. Coinbase didn’t articulate a specific reason for the delisting, but the decision materialized a few weeks after Movement became embroiled in a controversy on another top crypto exchange. In late March, Binance banned and froze the assets of a market maker that operated for Movement. The layer-2 project’s native token launched via Binance’s Airdrops Portal in December, but Binance said that after…

Coinbase suspends trading for MOVE token

Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its listing standards. According to CoinMarketCap, the MOVE token declined by 13.6% in the last 24 hours. Coinbase announced: “Trading for MOVE will be suspended on Coinbase, Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime. We have moved our MOVE order books to limit-only mode. Limit orders can be placed and canceled, and…

Coinbase Sees Major Bitcoin Withdrawals as Binance Derivatives Activity Rebounds

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

US Could Buy $100 Billion In Bitcoin This Year: Coinbase Exec

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase…

Coinbase Expands $1M Bitcoin-Backed Loans Nationwide—Global Launch Next

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Coinbase is revolutionizing crypto lending with a nationwide rollout of bitcoin-backed loans up to $1 million, unlocking instant liquidity without triggering taxable events. Borrow up to $1M Without Selling—Coinbase Expands Bitcoin-Backed Loans Nationwide Crypto exchange Coinbase (Nasdaq: COIN) announced on social media platform X on April 30 that its bitcoin-backed loan service is now fully […] Original

Coinbase files brief with US Supreme Court in support of taxpayers’ privacy

US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform. In an April 30 filing in the Supreme Court of the United States (SCOTUS), lawyers for Coinbase argued that a First Circuit Court of Appeals decision set a “dangerous precedent” for crypto users, potentially allowing the government to “trace users’ every crypto transaction in the past and monitor every crypto transaction in the future.” The…