Cryptocurrency Investments Surge with Weekly Inflows Reaching $2.9 Billion

Cryptocurrency Investments Surge with Weekly Inflows Reaching $2.9 Billion

In the realm of digital asset investment, the past week has been nothing short of remarkable. According to data from leading sources, including blog.coinshares.com, the influx of funds into digital asset investment products has skyrocketed, setting a new record. Investors poured an astonishing $2.9 billion into these products, surpassing the previous week’s record of $2.7…

Bitcoin Surges 150% in the Past Year, but “The Party Is Still Getting Started”

Bitcoin Surges 150% in the Past Year, but “The Party Is Still Getting Started”

Bitcoin Defies Expectations with a Remarkable 150% Surge In the fast-paced world of cryptocurrency, Bitcoin has emerged as the star performer, showcasing an impressive 150% surge in the past year. While the charts scream success, onchain data suggests that “the party is still getting started,” urging investors to adopt a HODL strategy for potential long-term…

Coinbase Expands Futures Offering to Cardano, Chainlink, Dogecoin, and Stellar

Coinbase Expands Futures Offering to Cardano, Chainlink, Dogecoin, and Stellar

Coinbase has announced the addition of perpetual futures contracts for Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) on its International Exchange and Coinbase Advanced platforms. This move is set to bring a wave of new opportunities and possibilities for traders and investors in the crypto space. Coinbase’s decision to include perpetual futures contracts…

Coinbase CEO Emphasizes Commitment to Compliance Amid Binance trouble
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Coinbase CEO Emphasizes Commitment to Compliance Amid Binance trouble

The CEO of Coinbase, a leading cryptocurrency exchange, reiterated the company’s steadfast dedication to compliance and its intention to continue operating within the U.S. market. Emphasizing the significance of adhering to regulatory standards, Coinbase’s CEO highlighted the company’s proactive approach to embracing compliance and legal requirements, underscoring the brand’s commitment to building trust and transparency…

Coinbase to Introduce Support for Solana Perpetual Futures Contracts
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Coinbase to Introduce Support for Solana Perpetual Futures Contracts

Coinbase, the leading cryptocurrency exchange, is set to make a significant move by adding support for Solana perpetual futures contracts on its International Exchange and Coinbase Advanced platforms. This groundbreaking development is scheduled to kick off around 4 PM UTC on November 14, 2023, contingent upon meeting liquidity conditions. Excitement is building as this integration…

FTX and Alameda Execute Massive Crypto Asset Transfers Worth $46 Million
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FTX and Alameda Execute Massive Crypto Asset Transfers Worth $46 Million

Significant asset transfers initiated by FTX and Alameda. The addresses associated with the two entities facilitated the movement of assets totaling $46 million across prominent exchanges such as Kraken, Binance, and Coinbase. FTX and Alameda orchestrated the transfer of diverse assets, showcasing their dynamic involvement in the cryptocurrency market. The assets transferred include 500,000 SOL…

Coinbase Hits Back at SEC, Challenges Jurisdiction
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Coinbase Hits Back at SEC, Challenges Jurisdiction

Coinbase, one of the leading cryptocurrency exchanges, has once again found itself at the center of controversy as it challenges the U.S. Securities and Exchange Commission’s (SEC) accusations of exceeding jurisdiction. The company asserts that the SEC’s broad interpretation of what constitutes an investment contract is unwarranted and requires congressional authorization for validation. Coinbase argues…

Coinbase Sure About SEC Approval for Bitcoin ETF
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Coinbase Sure About SEC Approval for Bitcoin ETF

In a recent interview with CNBC, Paul Grewal, the Chief Legal Officer of Coinbase, expressed confidence in the approval of a U.S. Bitcoin spot ETF by the Securities and Exchange Commission (SEC). Grewal cited a recent decision by the U.S. Court of Appeals, emphasizing that the SEC cannot reject such applications arbitrarily or capriciously. According…

Coinbase Reports Net Loss in Q2 Amid Declining Cryptocurrency Trading Volume

Coinbase Reports Net Loss in Q2 Amid Declining Cryptocurrency Trading Volume

In the fast-paced world of cryptocurrencies, Coinbase, one of the leading cryptocurrency exchanges, recently released its second-quarter earnings report. The report highlighted some interesting trends in the industry, including a net loss of $97 million despite generating $708 million in revenue during the quarter. Additionally, the trading volume experienced a significant drop of 37% compared…

BLUR Token Unlock: Coinbase Prime Receives 47.96 Million BLUR Tokens
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BLUR Token Unlock: Coinbase Prime Receives 47.96 Million BLUR Tokens

BLUR token transfer has garnered attention as 47.96 million BLUR tokens were moved to Coinbase Prime this month. Since June 15, a total of 239 million BLUR tokens have been unlocked, with a significant portion being transferred from Coinbase Prime to various centralized exchanges (CEXs). The transfer is part of the ongoing unlocking process, which…

Coinbase Temporarily Suspends Staking Services in Four U.S. States

Coinbase Temporarily Suspends Staking Services in Four U.S. States

eading cryptocurrency exchange Coinbase revealed that it will be temporarily limiting its staking service for retail customers in four U.S. states. The affected states include California, New Jersey, South Carolina, and Wisconsin. The decision comes as a result of ongoing legal proceedings initiated by local regulators, who have accused Coinbase of violating state securities laws…

Coinbase to Reinstate XRP Trading on XRP Network; Here’s What You Need to Know

Coinbase to Reinstate XRP Trading on XRP Network; Here’s What You Need to Know

In an exciting development for cryptocurrency enthusiasts, Coinbase, one of the world’s largest cryptocurrency exchanges, has announced the re-enabling of trading for XRP (XRP) on the XRP network. This move comes after a long period of suspension due to regulatory uncertainties surrounding the popular digital asset. However, with favorable market conditions and renewed confidence, Coinbase…

Major Asset Manager BlackRock Resubmits Bitcoin ETF Filing 
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Major Asset Manager BlackRock Resubmits Bitcoin ETF Filing 

In a recent development, global asset management firm BlackRock has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) on June 29. Notably, the company’s latest filing includes Coinbase, the leading cryptocurrency exchange, as a part of their application. This move by BlackRock signals the firm’s growing interest in the expanding cryptocurrency market and…

US Supreme Court Rules in Favor of Coinbase In User Lawsuit

US Supreme Court Rules in Favor of Coinbase In User Lawsuit

In a recent ruling, the US Supreme Court has delivered a significant victory to cryptocurrency exchange Coinbase. The court’s decision states that lawsuits filed in federal court must be suspended while a defendant pursues an appeal that could potentially send the case to arbitration. It is important to note that this ruling is not directly…