Shares of Cipher Mining and Core Scientific are trading down 30%, while other miners are down about 20-25%.
A U.S. House committee says it is investigating alleged debanking in the crypto industry, according to a recently published letter.
In a Tuesday filing, lawyers for Coinbase argued that their case offered “the single best opportunity” to decide how to regulate secondary crypto trading.
Coinbase CEO Brian Armstrong announced that the exchange has resolved all pending Solana transaction delays—a response to growing user frustrations over slow processing times. On Jan. 22, he shared the update on the social media platform X, confirming that Solana transactions are now functioning as expected, with canceled transactions eligible for retries. Armstrong wrote: “We […]
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Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm’s decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global’s earlier legal attempt to block the delisting through a court order. Last year, Coinbase removed wBTC from its platform […]
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Coinbase CEO Brian Armstrong said the crypto exchange is working hard to scale up amid a surge in activity on Solana.
The Coinbase app is now ranked number 21 on the U.S. App Store, reflecting a surge in interest in crypto ahead of Trump's inauguration.
The Solana blockchain faced severe congestion over the weekend as interest in Donald Trump and Melania Trump-themed memecoins surged. This unexpected spike overwhelmed the network, causing delays and failed transactions across various platforms. Solana congestion Prominent Solana-based services, including Phantom, Jito, and Jupiter, alongside centralized exchanges such as Coinbase and Binance, struggled to cope with […]
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A popular cryptocurrency exchange platform foresees an outsized market rally for altcoins in the upcoming weeks after Donald Trump assumes the US presidency on January 20. A Coinbase analysis urged crypto traders to start positioning themselves in the altcoin space as a potential huge rally concerning altcoins is on the horizon. Related Reading: Bitcoin Reserve In The US: 65% Chance It Happens In 2025 Coinbase Reports Rise Of Altcoins Coinbase crypto exchange suggested that the upcoming massive market rally for altcoins could be on the way and might happen in the succeeding weeks after Trump returns to the White House. The crypto exchange released its latest weekly market commentary which provided its insights on Trump’s upcoming inauguration and its impact on the cryptocurrency landscape, saying that although the incoming American president is pro-crypto, it might take a while before “all planned crypto-related policies on the agenda” will be fully implemented. However, Coinbase analysts noted that after Trump’s inauguration on January 20, they are expecting a surge in altcoins since, they believe, the digital asset space is preparing for a massive altcoin rally. The crypto exchange’s report stated that crypto traders might be strategically positioning themselves to fuel another growth spurt for altcoins under the Trump administration. According to Coinbase, the latest surge in altcoins is driven by a slight drop in the dominance of Bitcoin. “The drop in BTC dominance from 58.5% to its support level of 57.3% during the inflation print relief rally on January 15 suggests to us that traders may be positioning for an outsized altcoin market rally on the back of positive catalysts for risk assets and crypto,” Coinbase explained in the report. BTC’s Fading Dominance A crypto analyst observed that the dominance of the world’s most popular cryptocurrency, Bitcoin, could be slightly dipping, a circumstance that allowed the latest altcoin pump. “Importantly for the long tail, $BTC dominance has been slowly fading since late November ’24 – fireworks if that continues,” VC firm Placeholder partner and former ARK Invest crypto lead Chris Burniske said. Importantly for the long tail, $BTC dominance has been slowly fading since late November ’24 – fireworks if that continues. pic.twitter.com/PyBWTwT8os — Chris Burniske (@cburniske) January 17, 2025 In its insight report, Coinbase provided a possible price scenario for Bitcoin through the Deribit options contracts. “The max paint point for Deribit BTC options expiring on January 31 and February 28, 2025 is $94K and $98K respectively. However, this drops to $80K for the March 28 expiry. While not a pure prediction of future price action, the max paint point suggests possible biases in market positioning by market makers and options sellers who may be hedging their liabilities,” the crypto exchange analysts said in the weekly commentary. Related Reading: Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days Stablecoin Inflows A Cue Crypto analysts observed that stablecoins posted strong inflows, which Coinbase analysts David Duong and David Han suggested as an indicator that a bullish market could happen to altcoin. The analysts added that a big chunk of stablecoins’ strong capital inflows went to altcoins while Bitcoin and Ethereum recorded outflows. “Stablecoin supply – perhaps the most clear proxy for capital flows to these long tail assets in our view – increased by $1.3B last week, a continuation of trends we’ve observed over the past two months,” the Coinbase report said. Coinbase also noted that BTC had a net outflow of $457 million while ETH’s net outflow was at $206 million. Featured image from Pexels, chart from TradingView
Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump.
Base, the Ethereum layer-2 network developed by Coinbase, has unveiled an ambitious roadmap for 2025. The network seeks to secure $100 billion in on-chain assets, onboard 25,000 developers, and attract 25 million users by the end of the year. Additionally, Base is working toward processing 1 billion transactions by October 2025 as part of its […]
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XRP leads volume trends on Coinbase, with BTC and ETH taking second and third places. On Binance, bitcoin is still the most in demand.
BTC trades at a slight discount on Coinbase relative to Binance, data from CryptoQuant show.
Coinbase vice president Max Branzburg said the product demonstrates the exchange’s “commitment to economic freedom.”
The ability to post collateral, rather than credit rating, will determine whether a client can borrow.
Coinbase has launched Bitcoin-backed onchain loans through Morpho, a decentralized lending protocol available on Ethereum and Base.
In another 11th-hour court loss for Chair Gary Gensler's tenure, judges in a Coinbase case again call the SEC's crypto position "arbitrary and capricious."
A panel of judges said it would not force the SEC to implement rulemaking on crypto, but one referred to the commission’s “fogginess” as potentially harming digital asset firms.
In response to a phishing operation especially meant to target users of the cryptocurrency exchange Coinbase, David Schwartz, Chief Technology Officer of Ripple, has issued a warning to the XRP community. This warning is a result of ongoing efforts to protect crypto holders against the growing complexity of newly developed schemes in the realm of […]
The U.S. Commodity Futures Trading Commission is said to be seeking information about customers' interactions with the prediction market site Polymarket.
Crypto stakeholders have criticized the outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler for his continued hostility toward the crypto industry. In a recent Bloomberg interview, Gensler reiterated his concerns about the emerging industry, claiming that it was “rife” with bad actors. Gensler defends SEC legacy According to him, the financial regulatory agency made […]
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Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.
Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.
On Tuesday, US-based crypto exchange Coinbase, achieved a significant legal victory in its ongoing dispute with the Securities and Exchange Commission (SEC). Judge Katherine Polk Failla of the Southern District of New York has granted Coinbase a “rare interlocutory appeal,” allowing the company to challenge the SEC’s claims that it operates as an “unregistered exchange […]
A UK judge has ordered the seizure of $4.3 million in Bitcoin (BTC) from a British crime lord known as “Don Car-Leone.” The ruling comes after the fugitive failed to prove the crypto holdings weren’t related to criminal activities. Related Reading: Bitcoin ETFs Dominate 2024: Crypto Fund Flows Hit Record $44.2 Billion Inflows – Report […]
With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing. BTC’s Market Dynamics Undergoes A Shift Bitcoin’s market dynamics are showing […]
A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.
Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000.