Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings
Coinbase Q1 earnings exceeded full-year 2023 results thanks to market conditions driven by new Bitcoin ETFs. Go to Source
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Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in the same period, Marathon Digital Holdings’ shares have dropped more than 28% … Read more
Coinbase integrates Lightning Network for Bitcoin transactions
The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange. Go to Source
John Deaton files amicus brief in support of Coinbase appeal against SEC
The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space. Go to Source
Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined
Arkham Research notified DeFi wallet owners to look at the addresses and try to retrieve their funds, which have been stuck for months in bridge contracts. Go to Source
Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions
In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the … Read more
Coinbase Anticipates Bitcoin Dips to Be ‘More Aggressively Bought’ Than Previous Cycles
Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow of institutional demand can be seen in the open interest of bitcoin futures. … Read more
Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration
Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has the potential to be a leader in the global cryptoeconomy,” Coinbase noted. ‘Crucial Milestone in Coinbase’s … Read more
44-Day Bitcoin Drain: Coinbase and Binance Shed 76,179 BTC in Less Than 2 Months
Recent figures show that over a span of 44 consecutive days, 76,179 bitcoins, worth $5.41 billion, have been moved out of Coinbase and Binance, the two leading cryptocurrency exchange and custodial firms by reserve size and total trade volume. Robinhood Bucks Trend With Bitcoin Inflows as Coinbase and Binance Face Outflows A significant volume of … Read more
Judge Denies Coinbase Dismissal Request; CEO Hails Win for Self-Custody Wallets
New York Judge Katherine Polk Failla has ruled that the U.S. Securities and Exchange Commission (SEC) has “sufficiently pleaded” its case and the lawsuit will move forward. Legal Battle Ahead: Coinbase Dismissal Motion Rejected by Judge On Wednesday, the most recent legal filings revealed that Judge Katherine Polk Failla has declined Coinbase’s request to dismiss … Read more