Coinbase Shares Have Jumped Nearly 40% Since the SEC Lawsuit
The shares of Coinbase have increased by approximately 37% since the US Securities and Exchange Commission (SEC) filed a lawsuit against it at the beginning of June. The agency claimed…
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Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process
The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim.
Coinbase Offers $50M Credit Facility to Crypto Miner Hut 8
Hut 8 announced entering into a $50 million credit facility with Coinbase Credit as the lender. In a statement, the North American crypto miner revealed that the proceeds from the…
US Supreme Court halts Coinbase cases in its first crypto ruling
The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.
Why Cathie Wood is bullish on Coinbase stock and believes Bitcoin will reach $1 million
Cathie Wood recently added to her fund’s position in Coinbase Global stock and reiterated her call for a $1 million Bitcoin price. Is this in line with analysts’ expectations?
Bitcoin Halving Effect on Asset’s Behavior Still Unclear: Coinbase
A new report by America’s largest cryptocurrency exchange Coinbase revealed that the effect of Bitcoin halving events on the asset’s performance is still unclear as several exogenous factors play significant…
‘We had to change strategies,’ says SEC enforcement director on recent actions: Report
The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders.
BlackRock Files Bitcoin Spot ETF Application, Taps Coinbase
The $10 trillion asset management giant BlackRock filed with the Securities and Exchange Commission (SEC) to launch a Bitcoin Spot ETF on Thursday – a product yet to see life…
Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal.
First Time in 3 Months: Bitcoin Fear and Greed Index Signals Fear for 2 Conscutive Days
The indicator that displays the general sentiment toward bitcoin – the BTC Fear and Greed Index – dropped to “Fear” territory on June 13 and June 14. The last time…
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