Cryptocurrency Market

  • Market Cap: $2,404,839,756,167.93
  • 24h Vol: $55,153,741,867.80
  • BTC Dominance: 56.56%

Coinbase

coinbase-sees-strong-q4-for-bitcoin,-fueled-by-us-rate-cuts,-china-stimulus

Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus

Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ […]

Coinbase Sees Strong Q4 for Bitcoin, Fueled by US Rate Cuts, China Stimulus Read More »

cryptoquant:-coinbase’s-cbbtc-could-challenge-bitgo-in-wrapped-bitcoin-market

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin token, cbBTC, in mid-September 2024, and it has swiftly expanded to a supply of 1,670 cbBTC, according

Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market Read More »

coinbase-launches-wrapped-bitcoin-for-ethereum-and-base-networks

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange,

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks Read More »

washington-man-faces-charges-in-$64-million-crypto-laundering-scheme

Washington Man Faces Charges in $64 Million Crypto Laundering Scheme

A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or converted to cryptocurrencies such as bitcoin and ethereum via exchanges like Gemini, Bitstamp, Coinbase, and Binance. Investigators traced the

Washington Man Faces Charges in $64 Million Crypto Laundering Scheme Read More »

report:-crypto-industry-spends-record-$119-million-in-2024-federal-elections

Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections

The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of the cryptocurrency sector in influencing U.S. politics today. Crypto Industry Dominates 2024

Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections Read More »

coinbase-hints-at-the-launch-of-its-wrapped-bitcoin-alternative-on-base

Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive

Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base Read More »

sec-challenges-coinbase’s-extensive-discovery-requests

SEC Challenges Coinbase’s Extensive Discovery Requests

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems

SEC Challenges Coinbase’s Extensive Discovery Requests Read More »

markets-in-freefall,-coinbase-reports-great-q2-revenue,-and-more-—-week-in-review

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review

The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto sector. In Zambia, the central bank aims to enforce the kwacha as the sole

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review Read More »

coinbase-to-provide-custody-for-australian-bitcoin-etf-btxx

Coinbase to Provide Custody for Australian Bitcoin ETF BTXX

Digitalx, an ASX-listed company, has selected Coinbase to deliver custody and advanced trading execution services for its recently approved Bitcoin exchange-traded fund (BTXX) in Australia. This partnership will offer qualified Australian investors access to bitcoin and other digital assets via a traditional fund structure through Coinbase Prime, a comprehensive prime brokerage platform. This selection follows

Coinbase to Provide Custody for Australian Bitcoin ETF BTXX Read More »

coinbase-and-glassnode-report-highlights-a-stabilizing-crypto-market 

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market 

A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory frameworks. Crypto Market Matures Amid Price Corrections: Coinbase and Glassnode Report The study shows the third quarter

Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market  Read More »