Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle. Go to Source
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SEC faces accusations of contradiction in Coinbase rulemaking dispute
XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year. Go to Source
Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more
Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets. Go to Source
SEC responds predictably to Coinbase’s 2022 crypto rulemaking petition: No
The existing laws are sufficient, and the agency is already doing what it considers necessary, according to chair Gensler. Go to Source
Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. Go to Source
Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest
Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. Go to Source
Kazakhstan blocked 980 non-licensed crypto exchanges in 2023
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering. Go to Source
Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners
Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023. Go to Source
Cathie Wood’s ARK dumps 237K Coinbase shares at $140 per stock
The latest Coinbase sale by ARK is one of its largest daily COIN sales in 2023, third only to two massive sales in July. Go to Source
Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron” for crypto, said Zerocap investment chief Jon de Wet. Go to Source