Crypto exchange Coinbase has sharply criticized a group of major US banking associations after they urged federal regulators to ban merchant rewards, cashbacks, and discounts offered to customers who pay with stablecoins. The latter argued such perks amount to “indirect interest.” “Unamerican” Power Grab In a post on X, Coinbase chief policy officer Faryar Shirzad […]
Coinbase’s plan to make a major push into the stablecoin payments sector has hit a wall. The US crypto exchange has ended acquisition talks with UK-based fintech BVNK, in what could have been one of the largest deals ever for a stablecoin-focused startup. Details on why the negotiations collapsed have not been revealed yet. Acquisition […]
Coinbase has filed a motion demanding court sanctions against the U.S. Securities and Exchange Commission (SEC) after discovering that nearly a year’s worth of messages from former Chair Gary Gensler were permanently deleted. These communications spanned from October 2022 to September 2023, a period marked by major crypto events like the FTX collapse and enforcement […]
TL;DR FLOCK and SKY posted strong gains in the past 24 hours after receiving support from Binance. The former performed much better, likely fueled by additional backing from Coinbase and Upbit. Green Candles After the Updates The world’s largest cryptocurrency exchange expanded the list of trading choices on its futures program to enhance users’ experience. […]
The publicly traded company on the NASDAQ, also featured on the S&P 500, has unveiled a novel product offering exposure to already established stocks and ETFs. Featuring the Magnificent 7, BlackRock funds, and its own stock, this is an addition to the platform’s already rich derivatives portfolio. TradFi And DeFi Convergence Coinbase, one of the […]
Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, according to the […]
On Monday, Cramer posted an idea for a new acronym that encapsulates two crypto stocks and one with strong ties to the blockchain industry and cryptocurrency markets. New meme acronym: PARC– Palantir, Applovin, Robinhood and Coinbase (PARC)v Coinbase, Applovin, Robinhood, Palantir (CARP) which should it be?? @SquawkStreet . — Jim Cramer (@jimcramer) July 14, 2025 […]
A new report by CryptoQuant ranks the transparency of five major crypto exchanges based on their proof-of-reserves (PoR) practices. The analysis revealed that Binance is leading, while other players like Bybit, OKX, Kraken, and Coinbase are trailing. The PoR Rankings The survey evaluated each exchange’s reserve ratio, a metric calculated by dividing the net customer […]
Binance is leading all centralized crypto exchanges in stablecoin reserves. According to the latest stats, the crypto exchange currently holds $31 billion in USDT and USDC, which is around 59% of total stablecoin holdings across the sector. This dominance highlights Binance’s outsized role in providing liquidity and facilitating stablecoin-denominated transactions. Stablecoin Inflows Favor Binance When […]
A prominent Bitcoin supporter spearheads funding for a Swedish company’s BTC acquisition plans. Meanwhile, Coinbase faces escalating legal troubles after disclosing a significant breach and regulatory fallout. In other news, a Manhattan crypto investor is arrested in connection with a violent Bitcoin-related kidnapping. More details on these stories ahead. Adam Back Joins Investors in $2.2M […]