33 / 50 Relevant items tagged with #Coinbase

Posts

Coinbase to Wind Down Lending Program Over Coming Months

[Jul 20, 2023 2:37 PM] Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that…

SEC’s Classification of So-Called Crypto Securities Amounts to $98 Billion in Combined Value

[Jul 19, 2023 8:07 AM] Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The…

Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report

[Jul 18, 2023 12:00 PM] The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities.

ARK Invest CEO Says Firm Is Still Bullish On Coinbase Despite Selling COIN Stocks

[Jul 18, 2023 12:00 PM] Cathie Wood, the CEO of ARK Investment Management, has reaffirmed her bullish stance on Coinbase, one of the leading cryptocurrency exchanges, despite ARK’s recent sale of COIN stocks. Wood’s optimism comes in the wake of Ripple’s…

Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg

[Jul 18, 2023 3:59 AM] The crypto exchange is still faced with significant regulatory challenges, the report said.

Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg

[Jul 18, 2023 2:14 AM] Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg.

Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN

[Jul 17, 2023 7:58 PM] The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.

Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17

[Jul 17, 2023 2:00 PM] Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020.

Barclays Joins Wall Street Analysts Calling XRP Ruling Positive for Coinbase

[Jul 17, 2023 12:29 PM] Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.

Cathie Wood's ARK Sells Another $50.5M Coinbase Shares

[Jul 17, 2023 2:31 AM]

Judge Criticizes SEC Approval of Coinbase IPO in Pre-Motion Conference

[Jul 17, 2023 2:00 AM] Southern District of New York judge Katherine P. Failla called to attention the U.S. Securities and Exchange Commission’s (SEC) approval of Coinbase’s Initial Public Offering (IPO), hinting that the agency could have been more thorough…

Ark Invest Sells Over $50 Million Worth of Coinbase Shares Amidst Stock Rally

[Jul 15, 2023 1:35 PM] Cathie Wood’s investment firm, Ark Invest, has made significant moves in its holdings of Coinbase shares, selling over $50 million worth of shares as the cryptocurrency exchange’s stock continues to surge.  This marked the second time…

Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months

[Jul 15, 2023 7:00 AM] Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms…

ARK Invest sells more Coinbase shares, eyes Meta platforms, Robinhood

[Jul 15, 2023 4:50 AM] Cathie Wood’s ARK Invest is actively investing in Meta Platforms and Robinhood Markets shares.

Allowing Coinbase to go public was not a 'blessing' of the business: SEC

[Jul 14, 2023 8:43 PM] The SEC argued that just because it approves an S-1 filing from a company, does not mean the firm is not operating, or will not operate in “violation of the law.”

Bank of America Faces Scrutiny After Coinbase User Alleges the Bank Closed His Account Over Bitcoin Transactions

[Jul 14, 2023 5:30 PM] Bank of America has come under scrutiny after a Coinbase user claimed that the bank closed his account over Bitcoin transactions. Coinbase CEO Brian Armstrong quickly addressed the issue, asking other users if they have encountered the same problem…

It’s time for the SEC to settle with Coinbase and Ripple

[Jul 14, 2023 4:56 PM] The Securities and Exchange Commission should recognize it’s time to settle its cases against Coinbase and Ripple Labs.

Coinbase pauses staking services in four US states following regulators' orders

[Jul 14, 2023 4:07 PM] According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets.

Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin

[Jul 14, 2023 2:26 PM] tk

Large Exchanges Relist XRP Following Ripple Victory Over SEC

[Jul 14, 2023 1:00 PM] In a significant turn of events, large cryptocurrency exchanges Coinbase, Kraken, Bitstamp, and Gemini announced their decision to relist XRP after a significant legal victory for Ripple against the Securities and Exchange Commission (SEC). This…

What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC

[Jul 14, 2023 12:27 PM] Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.

Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham

[Jul 14, 2023 7:34 AM] The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.

Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg

[Jul 14, 2023 1:44 AM] The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.

Why is Polygon (MATIC) price up today?

[Jul 13, 2023 11:38 PM] MATIC price surged due to favorable regulation, increased network use and anticipated Polygon 2.0 upgrade that could see a rebrand to POL.

Coinbase’s Base launches mainnet for builders, will onboard users in August

[Jul 13, 2023 3:00 PM] Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.

Bitcoin and Crypto Stocks Like Coinbase Soar as XRP Ruling Bolsters Optimism

[Jul 13, 2023 2:03 PM] Cryptocurrencies across the board are rallying along with crypto-related stocks after a federal judge ruled that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not violate federal securities laws.

SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices

[Jul 13, 2023 1:30 PM] The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company…

Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions

[Jul 13, 2023 10:23 AM] The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”

Circle To Lay Off Staff And Refocus On Core Activities

[Jul 13, 2023 9:00 AM] Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by…

Coinbase Cut to Underweight Ahead of Earnings by Barclays

[Jul 13, 2023 6:12 AM] The bank said it sees few positive drivers for the crypto exchange’s share price in the near term.