Coinbase’s Record-Breaking Q4: 109% Revenue Surge Sparks Market Excitement
Key Points: Coinbase’s Expected Q4 Boom Crypto exchange giant Coinbase is set to report a staggering 109% year-over-year (YoY) revenue growth for the fourth quarter of 2024, according to a Feb. 11 report by Coin Metrics. The digital asset research…
Coinbase Pushes for Regulatory Clarity on Crypto Banking—Will US Regulators Act?
Key Points: Coinbase Urges Regulators to Remove Barriers for Crypto Banking Coinbase, the largest custodian for U.S.-based spot Bitcoin ETFs, is urging regulators to clarify the role of banks in offering crypto-related services. The exchange is calling for greater freedom…
Coinbase Announces ‘Tier-1 Support’ for Solana Amid Recovery from Transaction Glitches
Coinbase CEO Brian Armstrong has revealed ambitious plans to extend “tier-1 support” to Solana, aiming to bring the cryptocurrency on par with Bitcoin (BTC) and Ethereum (ETH) on the platform. This announcement follows the resolution of recent transaction glitches caused…
Coinbase Unveils Bitcoin-Backed Onchain Loans via Morpho Protocol
Coinbase has made a groundbreaking move by launching Bitcoin-backed onchain loans, providing customers with an opportunity to borrow up to $100,000 in USDC. The innovative offering is powered by Morpho, a leading decentralized finance (DeFi) protocol operating on Ethereum and…
Massive Dogecoin Sell-Off: 219 Million DOGE Dumped Amid Musk’s Shift in Priorities
Key Points: Dogecoin Whales Unleash $74 Million Sell-Off Two prominent Dogecoin whales have triggered a buzz in the crypto market by collectively dumping over 219 million DOGE, valued at approximately $74 million, onto the Coinbase exchange. The move, tracked by…
Coinbase Secures Rare Legal Victory: Judge Grants Appeal, Halts SEC Lawsuit
In a groundbreaking decision, Coinbase’s legal battle with the SEC takes a pivotal turn. Key Points Court Decision Pauses SEC Lawsuit In a significant legal win for Coinbase, U.S. District Judge Katherine Polk Failla has granted the crypto exchange’s request…
Coinbase surpasses Nasdaq and CBOE in revenue, climbing to fifth exchange globally
The cryptocurrency market is rapidly outpacing traditional financial exchanges, with Coinbase emerging as a dominant player, driven by a resurgence in market optimism following Donald Trump’s election victory. Key Highlights Market Valuation Insights Looking Ahead: The Battle Intensifies The Bottom…
Coinbase faces $1Billion lawsuit for delisting wBTC
Coinbase is facing a $1 billion lawsuit filed by BiT Global Digital Limited, which challenges the exchange’s decision to delist Wrapped Bitcoin (wBTC). The Hong Kong-based platform alleges that Coinbase’s action was a calculated effort to dominate the market and…
