MicroStrategy and Coinbase marked 6% and 9% gains respectively, before the bell in New York
U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.
In addition, users are capped at a notional value of $90,000 for all 10x contracts.
The investment fund bought $9.2 million worth of BITO shares while selling $27.6 million worth of COIN.
Currently, the Base network achieves a daily transaction speed (TPS) of 3.45, with over 6.97 million transactions completed in the last 30 days.
Coinbase is now registered as a Virtual Assets Service Provider in France, while Circle has obtained a conditional registration in the country.
Coinbase CEO brushes off political pressure and the upcoming Bitcoin ETF decision as $200 emerges on the horizon for COIN.
A small ESG-focused crypto asset manager, 7RCC, is the latest applicant to join the race for a spot-bitcoin exchange traded fund (ETF), a filing with the Securities and Exchange Commission (SEC) shows.
On Monday, a New Hampshire state representative asked a mostly-filled room at an industry campaign event to raise their hands if they were visiting from another state. More than half the people in the room raised their hands. These visitors had come to hear from industry representatives, state lawmakers and – perhaps most importantly – three presidential candidates talk about the upcoming election.
The investment firm has sold the crypto exchange's stock on all but two trading days this month.
ARK has been consistently selling Coinbase stock in recent weeks. Friday's is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time.
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023.
Shares in the cryptocurrency exchange have rallied nearly 300% this year, and the latest chart pattern suggests further gains could still be in the offing.
With CZ gone at Binance, and SBF set for prison, Brian Armstrong is the biggest big gun still in the hot seat. Having launched its own layer-2 blockchain and derivatives exchange this year, and ETFs looking poised to launch in 2024, Coinbase looks well positioned to ride crypto's next wave.
Bitcoin is trading at levels previously seen in April 2022, shrugging off a tough year marked by several implosions and regulatory clampdowns.