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Coinbase News

Coinbase warns of crypto bear market as 200DMA signals prolonged losses

Coinbase Institutional believes the crypto bull run ended in late February/March 2024, with markets now in bear territory.Bitcoin dropped below its 200-day moving average...

Cathie Wood’s ARK Invest buys $31.5M in Coinbase shares amid market dip

Ark Invest purchased 199,401 Coinbase shares worth approximately $31.51 million over three days as prices fell.The Cathie Wood-led firm takes advantage of market dips...

Cathie Wood’s ARK Buys $13M Coinbase Shares Amid Market Sell-Off

ARK Investment Management purchased over 83,000 Coinbase shares worth more than $13 million during the recent market decline.The purchases were spread across three of...

Circle’s USDC issuer files IPO prospectus, shows Coinbase revenue burden

Circle has filed for an IPO with $1.7 billion in 2024 revenue but only $167 million in operating income due to high distribution costs...

Kentucky Drops Staking Lawsuit Against Coinbase as Regulatory Tide Shifts

Kentucky has become the third state to drop its staking lawsuit against Coinbase, following Vermont and South Carolina.The dismissals come shortly after Kentucky passed...

Coinbase CEO pushes for stablecoin interest to match conventional banking

Coinbase CEO Brian Armstrong advocates for legislative changes allowing stablecoin holders to earn onchain interest, similar to traditional savings accounts.Armstrong suggests stablecoin holders could...

Coinbase Users Fall Victim to $46M+ in Suspected Scams This Month

Suspected thefts from Coinbase users this month total over $46 million.Funds are moved from Bitcoin to Ethereum via Thorchain/Chainflip and converted to DAI.Coinbase has...

Coinbase in Advanced Talks to Acquire Crypto Derivatives Giant Deribit

Coinbase is in advanced discussions to acquire Deribit, potentially valuing the world's largest cryptocurrency derivatives exchange at $4-5 billion.The acquisition would expand Coinbase's derivatives...

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MoonPay launches multi-chain stablecoin suite with M0 integration

MoonPay has launched a stablecoin suite enabling companies to issue and manage stablecoins across multiple blockchains.The new offering expands...

Michael Saylor Predicts Bitcoin Will Surpass Gold by 2035

Michael Saylor expects Bitcoin to surpass Gold as an asset class by 2035.Bitcoin’s market cap is currently about $2...

Lava’s 7% BTC Loan Claim Challenged Over 35% Actual APR

Lava claims to have saved users millions in interest by refinancing Bitcoin-backed loans at rates as low as 7%...

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