Coinbase, the largest cryptocurrency exchange in the United States, is presently serving as the custodian of the majority of the Spot Bitcoin ETFs managed by various asset management companies in the industry. This notable concentration is raising worries in the crypto community about significant centralization and potential risks associated with the custodianship. Coinbase Dominate ETFs…
Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
Coinbase and other crypto-related companies witnessed a significant rise in stock prices following reports that Grayscale has emerged victorious in its lawsuit against the United States Securities and Exchange Commission (SEC). On Tuesday, August 29, the US District of Columbia Court of Appeals ruled that the SEC did not provide a “consistent justification” for rejecting…
The largest crypto exchange in the US, Coinbase, has made a notable move regarding the allegation from the US Securities and Exchange Commission on securities law violation. Coinbase engaged a Global Advisory Council for the battle with the SEC. The council comprises heavy hitters from both the political and legal sectors. Coinbase Gets Heavyweights In…
Different crypto exchanges appear to be aligning themselves with different crypto projects. Binance is big on Tron and the new BitTorrent token it exclusively launched recently and Coinbase is now promoting Basic Attention Token through a new scheme called Earn which allows you to do exactly that. Launched today, Coinbase Earn allows those invited via…
According to Google Trends data, interest in Bitcoin is heading to historic lows as of June 27. In a screenshot shared by a Twitter user, organic searches related to “Bitcoin” have dropped in the last six months. Google Trends is a free tool that tracks how people search for specific terms or phrases on Google,…
Recent data has revealed the crypto exchange with the highest trading volume of Shiba Inu, indicating an upward trajectory for the digital asset as the volume continues to surge in the crypto exchange. The crypto exchange that has propelled Shiba Inu’s growth lately is the leading cryptocurrency platform, Binance. Shiba Inu Volume Doubles On Binance…
Bitcoin price is up 30% versus Ethereum (ETH) in 2023, and bulls appear not to be slowing down, looking at the performance in the weekly chart. BTC is on the brink of pushing ETH lower at spot rates, registering new 2023 lows and extending gains from early this year. The Downtrend Remains: Will Bitcoin Extend…
Despite the four-month bearish price action, institutions continue to pile drive bitcoin, which might have scared away retail leverage traders. This is because institutions are focusing on longer-term horizons and see the potential for big profits in BTC’s growth over time. The recent large outflow of coins from the U.S.-based crypto exchange Coinbase is evident,…
President-elect Donald Trump is scheduled to meet privately with Brian Armstrong, CEO of Coinbase, one of the United States' leading cryptocurrency exchanges. This meeting, reported by The Wall Street Journal, is expected to focus on personnel appointments within the forthcoming administration, particularly concerning roles that will influence cryptocurrency policy. Armstrong’s engagement with the incoming administration…