U.S. court grants Coinbase rare appeal in SEC case

Coinbase, the largest cryptocurrency exchange in the United States, has been granted a rare legal opportunity to challenge claims made by the Securities and Exchange Commission.  Judge Katherine Polk Failla of the Southern District of New York approved Coinbase’s request… Source link

Bitcoin finds support as Coinbase premium index recovers

Bitcoin continued rising in price over the weekend, reaching a high of $98,300 after finding crucial support at $91,405. The largest crypto by market cap has risen for six consecutive days, coinciding with ongoing demand and supply dynamics.  On the supply side, the mining difficulty and hash rate metrics have jumped to their record highs […]

Coinbase acquires BUX’s Cyprus unit, secures key European license

Coinbase, the U.S.-based cryptocurrency exchange, has acquired the Cyprus unit of BUX, now rebranded as Coinbase Financial Services Europe.  The acquisition grants Coinbase a Cyprus Investment Firm license under the Cyprus Securities and Exchange Commission, allowing it to offer contracts for differences across the European Economic Area, according to Finance Magnetes. CFDs are financial instruments […]

FDIC ‘magically’ releases two more pages of documents to Coinbase

Coinbase secured the release of more unredacted documents from the Federal Deposit Insurance Corporation following a legal battle over its Freedom of Information Act requests.  The FDIC has released two additional pages of documents that Coinbase has been trying to obtain legally for several months. The documents, referred to as “pause letters,” show the FDIC […]

Trump presidency could open floodgates for XRP; DTX to hit $1 after Coinbase listing

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP holders anticipate the new Trump presidency could clarify certain crypto regulations and propel Ripple to the top. Also, DTX Exchange could hit $1 following a Coinbase listing. The intersection of politics and crypto […]

Saudi billionaire bets $1.8m on viral Solana alternative before Coinbase listing

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As a Saudi billionaire bets $1.8m on this viral Solana alternative, named DTX Exchange, investors wonder what’s ahead for this coin. Let’s find out. A Saudi billionaire’s bold $1.8 million investment in the DTX […]

Coinbase CLO shares data on crypto hedge funds debanking, demands for answers

The Coinbase Chief Legal Officer Paul Grewal took to X to demand answers after learning from the AIMA survey that 75% of crypto hedge funds face issues with accessing basic banking services. None of the traditional alternative investment managers (e.g., real estate) experienced similar troubles with the banks. The Grewal’s X post raises questions that […]

Uniswap Tokens worth $8.45m transferred by USV to Coinbase

Union Square Ventures has transferred 578,000 $UNI tokens to Coinbase Prime in the past nine hours, which is worth approximately $8.45 million. The action is part of a wider trend of the move of Uniswap (UNI) tokens sticking by USV previously this month, as reported by Ember Scan. On Dec. 19, the UTIMCO-backed venture capital […]