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On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen an … Read more
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023. Go to Source
The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems … Read more
ARK Invest is back to buying the Coinbase stock after a long selling period. On Aug. 5, ARK bagged 28,632 COIN shares for $5.4 million. Go to Source
The regulator claims that Coinbase’s document discovery requests are overly broad and disproportionate to the needs of the case. Go to Source
The complainants and Coinbase disagree on whether a government contract to custody seized crypto breaches campaign finance laws or not. Go to Source
The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto sector. In Zambia, the central bank aims to enforce the kwacha as the sole … Read more
This week’s Crypto Biz explores Tether’s profit record, bank-linked crypto trading in the United Arab Emirates, Polymarket’s growth amid US elections, and Coinbase custodian arm. Go to Source
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF. Go to Source
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor. Go to Source
