Tag: Coinbase

3 Best Altcoins to Buy After SEC Delays Response to Coinbase Appeal

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Este artículo también está disponible en español. The SEC has asked for a 28-day extension to respond to Coinbase’s appeal, which could be a sign that the agency’s war against crypto companies, including Coinbase, might end on good terms. The extension not only means that the agency is rethinking its stance on digital assets, but it also gives it time to include the ongoing policy changes in its ultimate decision. After all, the SEC is under new leadership, which should be less restrictive under a pro-crypto Trump regime. For instance,…

Jane Street Stealthily Secures 5% Stakes in Crypto Firms Coinbase, Strategy, and Iris Energy

According to a Schedule 13G filing with the U.S. Securities and Exchange Commission (SEC), the global proprietary trading firm and liquidity provider, Jane Street — boasting over $450 billion in managed assets — has amassed shares in Iris Energy, Strategy, and Coinbase. Decoding Jane Street’s Bold Moves on COIN, MSTR, and IREN This year, a […] Source CryptoX Portal

SEC Seeks More Time in Coinbase Battle as Crypto Rules Shift

The SEC seeks a 28-day extension to respond to Coinbase’s appeal, citing ongoing crypto regulatory reviews. With a leadership shift under Trump, the agency’s stance on crypto is evolving. SEC Requests Extension in Coinbase Appeal The U.S. Securities and Exchange Commission (SEC) filed a motion on Feb. 14, requesting a 28-day extension to respond to […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Top US Crypto Exchange Coinbase Launches Support for New Asset Tied to Intellectual Property-Focused Blockchain

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Coinbase has rolled out trading support for the brand-new native token of a layer-1 blockchain focused on intellectual property (IP). The scalable intellectual property solution Story launched its public mainnet on Thursday and aims to serve as a blockchain where rights holders can upload IP, set the terms of use and monetize it throughout the protocol’s application ecosystem. Explains Story’s launch announcement, “AI (artificial intelligence) is undermining IP as we know it. The traditional IP system can no longer keep pace with the speed and scale of generative AI. Centralized…

Coinbase Pays Aston Martin Aramco Sponsorship Entirely in USDC Stablecoin

Aston Martin Aramco Formula One Team has partnered with cryptocurrency platform Coinbase in a multi-year deal fully paid in USDC stablecoin, marking a first in Formula One history. USDC Stablecoin Fuels Landmark F1 Sponsorship Between Aston Martin Aramco and Coinbase The Aston Martin Aramco Formula One Team rebranded in 2021 under owner Lawrence Stroll, announced […] Source CryptoX Portal

Coinbase (COIN) Q4 Results Were Reported on Thursday

Coinbase (COIN) topped already strong estimates for fourth quarter results, posting a 138% year-over-year gain in revenue. The leading U.S. crypto exchange posted fourth quarter revenue of $$2.27 billion against consensus $1.84 billion and $1.26 billion three months prior. Trading volume in the fourth quarter was $439 billion, up 185% from the year-ago level. Transaction revenue of $1.56 billion was higher by 194% year-over-year. “Crypto’s voice was heard loud and clear in the U.S. elections, and the era of regulation via enforcement that crippled our industry in the U.S. is…

Bitcoin’s Coinbase Premium Indicator Shows Overseas Buyers Taking the Lead Ahead of CPI Release

Bitcoin’s (BTC) Coinbase premium indicator, which measures the spread between BTC’s dollar-denominated price on the Coinbase exchange and tether-denominated price on Binance, has flipped negative for the first time since the Feb. 3 crash, according to data source Coinglass. It’s a sign that traders over the Nasdaq-listed exchange have turned cautious ahead of Wednesday’s U.S. CPI release, and their offshore counterparts have led the price recovery from overnight lows near $94,900 to $96,000. Historically, bull runs have been marked by prices trading at a premium on Coinbase, indicating strong leadership…

Coinbase CEO: Bitcoin Adoption to Reach Several Billion People by 2030

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Bitcoin adoption is exploding, with billions expected to use it by 2030, Coinbase’s CEO predicts, as surging demand and regulatory wins drive unstoppable mainstream momentum. Coinbase CEO Predicts Billions Using Bitcoin by 2030 Brian Armstrong, CEO of Coinbase (Nasdaq: COIN), weighed in on the rapid adoption of bitcoin, responding to a post about cryptocurrency’s growth […] Original

Judge Refuses To Dismiss Coinbase Class Action Lawsuit, Says Exchange Must Face Complaint in New York: Report

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A federal judge is reportedly ruling that top US-based crypto exchange Coinbase must face a class action lawsuit in New York. According to a new report from Reuters, Paul Engelmayer, a judge for the Southern District of New York, is rejecting Coinbase’s argument that it did not qualify as a “statutory seller” to dismiss a lawsuit that alleges the firm illegally sold securities in the form of digital assets to customers without being registered as a broker-dealer. Engelmayer says that Coinbase’s claim was invalid because it never passed title to…

Top US Crypto Exchange Coinbase Adds Three New Altcoins to Its Listing Roadmap

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Coinbase added three relatively new altcoins to its listing roadmap on Friday, putting the tokens on the potential path toward trading on the top US digital asset exchange. The firm could soon support Morpho (MORPHO), Popcat (POPCAT) and Pudgy Penguins (PENGU). Morpho is a decentralized lending protocol built on the Ethereum (ETH) blockchain. The project’s native token launched in June 2022 and is trading at $1.81 at time of writing. The 188th-ranked crypto asset by market cap is down nearly 2% in the past 24 hours. Popcat is a Solana…