Coinbase’s research has determined that crypto, as a key topic, might be a factor capable of swaying the next election results. According to data posted on social media, swing states have a significant number of crypto voters who, depending on their views, could tip the balance in favor of Democratic candidate Kamala Harris or Republican […]
Bitcoin had a rough Wednesday, starting the day above $ 62,000 but quickly slipping to a daily low of $ 60,541. The market turbulence didn’t stop there, as over $ 40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations totaling …
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. […]
Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […]
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the […]