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, […]
Catenaa, Friday, February 14, 2025 – Coinbase reported a sharp rise in revenue yesterday, posting $6.6 billion in full-year earnings for 2024, more than doubling its 2023 total of $3.1 billion. The cryptocurrency exchange’s fourth-quarter revenue surged to $2.3 billion, surpassing Wall Street estimates by $430 million. Quarterly transaction revenue jumped 172% from the previous […]
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 […]
Catenaa, Monday, February 10, 2025 – Coinbase urged the US regulators to enable crypto services in the banking sector with a diligent regulatory framework, the company announced on February 4. On February 3, the company sent a letter to the Office of the Comptroller of the Currency (OCC), Federal Reserve, and Federal Deposit Insurance Corporation […]
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 […]
Catenaa, Friday, February 21, 2025 – Coinbase has signed a sponsorship deal with Aston Martin Aramco Formula One, marking the first disclosed F1 partnership paid entirely in USDC, a U.S. dollar-pegged stablecoin. Announced Friday, the agreement makes Coinbase an official sponsor for the 2025 Formula One season. Coinbase branding will feature on Aston Martin’s AMR25 […]
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 […]
Catenaa, Thursday, February 27, 2028-Coinbase reported $400 billion in total trading volume for Q4 2024, matching levels last seen during the 2021 bull market but with a dominant institutional presence. Retail investors accounted for just 21% ($94 billion) of the volume, down from 36% in 2021. The SEC’s recent dismissal of its case against Coinbase […]
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 […]
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 […]
Catenaa, Thursday, February 06, 2025 – Web3 domain infrastructure firm D3 Global has raised $25 million in a Series A funding round led by Paradigm Capital, the company announced Wednesday, January 29. The round included participation from Coinbase Ventures, Polygon Labs co-founder Sandeep Nailwal, HubSpot founder Dharmesh Shah, and Namecheap CEO Richard Kirkendall. D3 is […]
Catenaa, Tuesday, February 04, 2025 – US-based cryptocurrency exchanges Kraken and Coinbase have received regulatory approvals, clearing the way for expanded operations in the European Union and the United Kingdom, respectively. Kraken obtained a Markets in Financial Instruments Directive (MiFID) license in the EU through its acquisition of a Cypriot investment firm regulated by the […]
Catenaa, Sunday, March 02, 2025- The US Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against Coinbase, pending final approval from the agency’s commissioners, the crypto exchange announced Friday. The SEC initially sued Coinbase in June 2023, alleging securities law violations related to its trading platform operations. The case accused […]
Catenaa, Wednesday, February 26, 2025- The US Securities and Exchange Commission(SEC) this week dropped multiple investigations into major cryptocurrency and NFT firms, signaling a shift in regulatory policy under the Trump administration. Robinhood Crypto confirmed Tuesday that the SEC ended its probe into the company’s alleged sales of unregistered securities without enforcement action. The investigation, […]
Catenaa, Monday, February 17, 2025 – The U.S. Securities and Exchange Commission (SEC) has requested a 28-day extension to review cryptocurrency exchange Coinbase’s appeal in their ongoing lawsuit, citing the role of its newly formed crypto task force. In a February 14 court filing, the U.S. Securities and Exchange Commission argued that the task force’s […]
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 […]