Coinbase CEO Hints at Possible USDT Delisting Amid Regulatory Scrutiny

January 30, 2025

Catenaa, Wednesday, January 29, 2025 – Coinbase CEO Brian Armstrong has suggested that regulatory pressures could lead to the delisting of Tether (USDT) from the platform. Armstrong’s comments come as lawmakers debate stricter rules for stablecoins, including full backing with US Treasury bonds and mandatory audits to ensure transparency.  Speaking at the World Economic Forum, […]

Coinbase Gains Regulatory Approval to Operate in Argentina

January 31, 2025

Catenaa, Friday, January 31, 2025 – Cryptocurrency exchange Coinbase has received regulatory approval to launch its platform in Argentina, marking a major step in its Latin American expansion. The country’s National Securities Commission (CNV) granted the exchange Virtual Asset Service Provider (VASP) status, allowing it to operate legally within Argentina’s financial framework.  Coinbase emphasized its […]

Coinbase Launches Coin50 Index as Crypto’s S&P 500

November 13, 2024

Catenaa, Wednesday, November 13, 2024-Coinbase yesterday unveiled the Coinbase 50 Index (Coin50), a new market index that offers a broader perspective on the crypto industry, similar to the S&P 500’s role in traditional equity markets. Coin50 aims to provide investors and analysts with a more inclusive benchmark that captures the performance of the top 50 […]

Coinbase Plans Tokenized Stocks on Ethereum Layer-2

January 12, 2025

Catenaa, Sunday, January 12, 2025 – Coinbase is considering offering tokenized versions of its stock, COIN, to U.S. users through Base, its Ethereum layer-2 network. The initiative, currently in its exploratory phase, was announced by Base developer Jesse Pollak on January 3 via the X platform.  Pollak emphasized that regulatory clarity is essential for the […]

Coinbase Stock Soars Amid Trump Victory, ETF Leaps 62%

November 11, 2024

New York, Sunday, November 10, 2024-Coinbase’s stock surged more than 30% on November 6, following Donald Trump’s election victory, closing at year-to-date highs. The massive rally was mirrored by the GraniteShares 2x Long COIN Daily ETF, which rocketed 62%—potentially a record one-day return for an ETF, according to Bloomberg analyst Eric Balchunas. Leveraged ETFs, designed […]

Coinbase Wins Case to Delist wBTC, Blocks BiT Global

December 21, 2024

Catenaa, Saturday, December 21, 2024 – A California federal court has ruled in favor of Coinbase, allowing the major cryptocurrency exchange to delist wrapped bitcoin (wBTC) despite efforts by Hong Kong-based BiT Global to block the decision through a temporary restraining order.  US District Judge Araceli Martínez-Olguín determined there was no valid reason to prevent […]

SHIB Price Soars as Shiba Inu’s SNS Countdown Sparks Surge

November 18, 2023

November 6, 2023: The price of Shiba Inu (SHIB), a popular meme cryptocurrency, has been on the rise in recent days, coinciding with the Shiba Inu team’s initiation of a countdown for a mysterious project called “Identity.” The Shiba Inu team began teasing the Identity project in September 2023, releasing cryptic messages and symbols that […]