Coinbase Advanced trading activity surges in 2024
Derivatives trading products saw rapid growth, suggesting that professional traders were actively seeking exposure to cryptocurrencies. Source link
Coinbase accused of market manipulation, Kraken Australia hit with $5M fine: Law Decoded
A lawsuit against Coinbase concerns allegations under the Sherman Act of attempted monopolization of the Wrapped Bitcoin market. Source link
Solana-based Parcl (PRCL) spikes as Coinbase lists token
Coinbase has announced the listing of Parcl, a Solana-based decentralized real estate trading platform. The cypto exchange will list Parcl (PRCL) token on December 17, starting on or after 9:00 AM Pacific Time, subject to liquidity conditions. Coinbase plans to add the PRCL-USD trading pair once there is sufficient supply. According to the U.S.-based crypto […]
BiT Global sues Coinbase for $1b over WBTC delisting
Justin Sun-backed BiT Global has sued crypto exchange Coinbase for unfairly delisting WBTC to uplift a competing Bitcoin product. BiT Global launched a $1 billion lawsuit against Coinbase, alleging the U.S. crypto exchange illegally replaced its Wrapped Bitcoin (WBTC) product with a “knock-off” cbBTC token. Wrapped Bitcoin was the first tokenized Bitcoin (BTC) asset in […]
Coinbase delists Tether, other MiCA noncompliant stablecoins
Coinbase will restrict European users from trading certain stablecoins like Tether due to MiCA regulatory requirements. Starting Dec. 13, Coinbase Europe will delist a basket of stablecoin tokens, including crypto’s largest fiat-pegged currency, Tether (USDT), to comply with broader rules enshrined in the Markets in Crypto-Assets framework. Coinbase will also prohibit trading for stablecoins like […]
Bitcoin price recaptures $100K following funding reset and Coinbase premium return
An overdue reset in the Bitcoin funding rate and the return of a strong spot bid are reasons behind BTC’s rally above $100,000. Source link
Coinbase will flip Schwab as most valuable brokerage
Coinbase is projected to be the world’s most valuable brokerage, surpassing $7 trillion asset manager Charles Schwab, which is supported by several key factors. Bitcoin spot exchange-traded fund (ETF) issuer Bitwise is projecting that Coinbase shares (COIN) in the U.S. stock market will double to $700 next year, which now only traded about $302. These […]
Coinbase adds GIGA and TURBO to its asset roadmap
Coinbase has announced the addition of Gigachad and Turbo to its asset roadmap, signaling potential future listings on the exchange. This move reflects Coinbase’s ongoing strategy of embracing various cryptocurrencies, including niche and meme-based tokens. Gigachad and Turbo (TURBO) are both considered part of the meme coin category, a subset of cryptocurrencies often driven by […]
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved. Source link
Coinbase adds Apple Pay to onramp for easier crypto access
Coinbase has integrated Apple Pay into its Onramp platform, aiming to simplify and speed up fiat-to-crypto transactions. Onramp allows developers to embed tools for purchasing cryptocurrency into third-party applications, such as self-custody wallets or decentralized finance platforms. With Apple Pay… Source link
