Coinbase, a leading cryptocurrency exchange, is confronting a $1 billion lawsuit filed by BiT Global Digital. The suit alleges that Coinbase engaged in anticompetitive behavior by delisting Wrapped Bitcoin (wBTC) to promote its own token, Coinbase BTC (cbBTC). Key Allegations: Anticompetitive Conduct: BiT Global claims that Coinbase’s removal of wBTC was a strategic move to…
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…
MOG is a popular meme token launched on Ethereum’s layer-1 blockchain. Since this currency is purely driven by community and internet hype, it’s very volatile and difficult to predict. However, with the recent Coinbase announcement, MOG is expected to see some major growth. On December 3, Coinbase announced that MOG would be added to its…
Confidential letters from the Federal Deposit Insurance Corporation (FDIC) reveal a systematic effort to block crypto businesses from accessing U.S. banking services, according to documents obtained by Coinbase. Coinbase has released heavily redacted FDIC communications showing that the regulator directed banks to pause or avoid cryptocurrency-related activities throughout 2022. The documents, obtained through a legal…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
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…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
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…
The Coinbase app is shooting up the rankings and Google Search trends for Bitcoin are surging. Is retail back? Coinbase’s sudden ascent to the top of the finance app rankings and 8th most popular app overall is a strong indicator that retail participants are returning to the crypto markets. This surge in popularity reflects a…
Shares of cryptocurrency exchange Coinbase Inc. (COIN) surged over 20% on November 11, surpassing $300 for the first time since 2021. This rally coincided with Donald Trump’s presidential election victory, which many believe will benefit the crypto industry. Most U.S. crypto stocks are experiencing significant gains following the election results. Source: Trading View Bloomberg analyst…