July 12th, 2025
Coinbase News - Page 19
Cathie Wood’s Ark Invest Sells Coinbase and GBTC Shares to Buy ProShares Bitcoin ETF (BITO)
By Bhushan Akolkar
December 28th, 2023
Ark Invest purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO) and 4,320,928 units of the US Bitcoin futures-linked ETF.
Bitcoin Rally in 2023 Helped Crypto Firms to Contribute to Wall Street
By Bhushan Akolkar
December 28th, 2023
Bitcoin mining inherently involves high energy costs due to the operation of supercomputers.
Binance’s CZ Adds $25B to His Net Worth in 2023, Ranks among World’s Richest Despite Regulatory Challenges
By Chimamanda U. Martha
December 27th, 2023
CZ is not the only popular crypto figure that made it to Bloomberg’s world’s 500 richest people in 2023. Brian Armstrong had a net worth of $7.25 billion.
Hong Kong Leads Asia’s Crypto Regulatory Evolution in 2023
By Chimamanda U. Martha
December 26th, 2023
Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.
SEC Chair Gary Gensler Warns of ‘Far Too Many Frauds and Bankruptcies’ in Crypto Industry
By Chimamanda U. Martha
December 22nd, 2023
Gensler disclosed that the SEC is actively reviewing rules that could potentially hurt the crypto industry.
BlackRock Bitcoin ETF Potential Approval Faces Questions, SEC Could Make Decision by January 10
By Temitope Olatunji
December 22nd, 2023
In its initial filing, BlackRock mentioned that the Prime Execution Agent would obtain BTC to support the ETF’s shares on a 1-to-1 ratio. Although the company didn’t disclose the name of the chosen agent, it did identify Coinbase as the proposed custodian.
Coinbase (COIN) Stock Could Indicate Index Play for TradFi Institutions Looking for Crypto Exposure
By Tolu Ajiboye
December 22nd, 2023
The analyst said TradFi institutions trying to get into crypto, but are unsure how to begin, may use Coinbase stock to enter.
Coinbase Secures VASP License in France as It Continues Expansion in Europe
By Tolu Ajiboye
December 22nd, 2023
Coinbase has officially received a license in France and can offer French users trading, custody, and several other related crypto services.
Ark Invest Continues to Trim Holdings in Coinbase (COIN) and GBTC
By Godfrey Benjamin
December 21st, 2023
Amidst the sell-off, Ark Invest has strategically acquired 158,334 shares ($12.1 million) in Jack Dorsey’s Block Inc for its Next Generation Internet ETF.
Crypto Lobbying Surges in 2023 amidst Push for Stablecoin Regulation
By Chimamanda U. Martha
December 21st, 2023
The House Financial Services and House Agriculture Committees have advanced bills actively seeking to provide a clear regulatory framework to govern the crypro and stablecoin market.
Solana Can Outperform XRP to Take Top 5 by Market Cap
By Chimamanda U. Martha
December 20th, 2023
The sixth largest cryptocurrency Solana (SOL) has all chances to enter the Top 5.
Coinbase Builds Runway for Mass Adoption of Crypto Assets and Web 3.0 Industry
By Steve Muchoki
December 20th, 2023
With about 425 million owning crypto and more than 80 percent of G20 countries moving towards enabling digital assets, Coinbase is confident the industry will unlock economic freedom to billions of users.
Ripple Added to Central Bank of Ireland’s Virtual Asset Service Providers (VASPs) Register
By Godfrey Benjamin
December 20th, 2023
This registration will let Ripple offer its certain digital assets services to clients within Ireland.
Bitcoin Returned 150% in 2023 but Still Less than Coinbase and BTC Miners, Matrixport Reveals
By Tolu Ajiboye
December 19th, 2023
Matrixport revealed that although Bitcoin has climbed more than 150% this year, miners have done much more.
Coinbase Appeals SEC’s Decision on Crypto Rules, Requests Judicial Review
By Chimamanda U. Martha
December 19th, 2023
Coinbase described the SEC’s actions in its appeal letter as arbitrary and capricious, an abuse of discretion, and contrary to law, in violation of the Administrative Procedure Act.