Financial circles are buzzing with the news that BlackRock, the world’s largest asset manager, is considering applying for a Bitcoin Exchange Traded Fund (ETF). This development signifies a substantial move by one of the most influential financial institutions into the world of cryptocurrencies. The anticipation is growing amid revelations that BlackRock plans to use Coinbase…
So far, the supply of Bitcoin (BTC) held on exchanges has recently seen a significant decrease, reaching levels last observed in February 2018. This trend underscores a developing pattern in the crypto market – traders and investors preferring to secure their digital assets outside of these platforms. Data from the blockchain intelligence firm, Santiment, confirms…
The recent allegations of insider trading against Coinbase CEO Brian Armstrong have raised concerns among investors and industry experts. Armstrong sold nearly 30,000 shares of his company worth over $1.7 million just two days before the Securities and Exchange Commission (SEC) initiated enforcement action against Coinbase. Coinbase Investors Question CEO’s Stock Sale Prior SEC Complaint…
CRO, the native token of the Cronos blockchain, an open-source, interoperable, and Cosmos-based platform, a centralized crypto asset exchange, is steady despite some community members fearing that the United States Securities and Exchange Commission (SEC), the primary securities regulator in that country, could soon target Crypto.com, the crypto exchange and developer of the blockchain. CRO…
In a fiery showdown, Coinbase CEO Brian Armstrong confronts the Securities and Exchange Commission (SEC) lawsuit, igniting a passionate response from the crypto community. His unwavering defense not only stirs enthusiasm among supporters but also intensifies demands for clear regulations in the industry. Armstrong has welcomed the SEC lawsuit against his exchange, stating that a…
Polygon (MATIC) recently experienced a sudden surge in large transactions. These sizable movements of funds on the network have caught the attention of market observers, prompting speculation about the motives and actions of cryptocurrency whales. The catalyst behind this flurry of activity appears to be the recent lawsuit filed by the US Securities and Exchange…
Coinbase, the leading cryptocurrency trading platform in the United States, has recently found itself embroiled in a legal battle with the US Securities and Exchange Commission (SEC). The SEC filed a lawsuit on Tuesday, accusing Coinbase of operating without proper registration, thereby violating regulations designed to safeguard investors. This lawsuit has sent shockwaves through the…
Coinbase CEO Brian Armstrong has warned that the US risks ceding its global financial leadership and innovation hub status if it fails to recognize the transformative potential of blockchain technology and cryptocurrency. In a recent interview with Market Watch, Armstrong urged policymakers and regulators to provide regulatory clarity to ensure consumer protection and realize the…
The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days. As of May 13, there were 369,646 UNI holders. Since then, the…
Crypto exchange Coinbase announced and launched the testnet for its very own Layer 2 blockchain called Base earlier in February 2023. Since the launch, there have been speculations about the exchange launching a token for the L2, which has now been clarified in the newly released roadmap for Base. Base Roadmap Mentions No Token Following…