This week’s Crypto Biz covers the buzz surrounding Bitcoin, the outlook for Ether ETFs, Ubisoft as an XPLA validator, Coinbase’s challenges and global banks taking on blockchain.
Coinbase News
Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch.
Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility.
Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.
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Some Celsius account holders claim they are being forced to accept U.S. dollars instead of crypto, resulting in much smaller payments than they were initially promised.
12702Coinbase chief legal officer Paul Grewal says there’s direct evidence that Ether’s futures and spot markets are just as correlated as Bitcoin, suggesting the senator’s letter is misguided.
12074SOL’s bullish momentum persists, but its TVL remains much smaller than some of its competitors.
11430The rise in Solana’s price today can be attributed to the unexpected influence of a memecoin craze combined with a technical breakout coming to fruition.
76441Coinbase Wallet integrated Blockaid’s transaction simulation and validation five months ago to better protect users from bad actors.
14539Coinbase’s offering will better position the firm to pay off three existing debts due in 2026, 2028 and 2031.
8446Discover how to enhance cryptocurrency security by migrating digital assets from an exchange like Coinbase to a Ledger Nano X hardware wallet.
2333Coinbase delivered an opening brief in a United States appeals court, arguing that the SEC should be forced to “engage in rulemaking.”
9682Despite Binance’s setbacks with regulators, BNB has managed to reach a 2-year high at $489.50.
8615COIN stock has rebounded to surpass the $250 mark for the first time in two years. Over the past 12 months, Coinbase shares have climbed more than 300%.
2676ETH price set a new multiyear high at $4,000 right as Bitcoin price hit a new all-time high.
5912While some crypto-AI tokens continue to deliver profitable trades, the long-term sustainability of the ecosystem will require more than just decentralizing AI components.
9727Coinbase lawyers have requested that a U.S. court throw out a previous default judgment that deemed the secondary sales of crypto assets as “securities transactions.”
2268The increased retail interest, paired with growing workloads from algorithmic trading firms, was the main reason behind the recent exchange outages, according to the dYdX chief strategy officer.
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