
May 3rd, 2025
Some of the popular crypto exchanges have announced XRP trading suspension following the SEC lawsuit. This is seriously going to hurt XRP investors’ interest over a long period of time.
Mike Novogratz said that investors remain confident in the top crypto asset, regardless of the Trump administration’s rules.
The lawsuit is centered around XRP. The SEC described XRP as an unregistered securities offered to investors not only in the United States but also across the globe.
The funds from Coinbase will serve as the needed boost in attracting more innovative developers into the industry.
Coinbase IPO success will be a huge success to the entire crypto industry, as other crypto firms are expected to follow suit.
Interestingly, Coinbase co-founder and board member Fred Ehrsam is a former trader at Goldman Sachs.
Earlier, Coinbase was considering going public through a direct listing as opposed to the traditional IPO. But at that time it didn’t file with the SEC.
The funding from American Express Ventures as well as the other FalconX investors will help position the company to tap into the potential opportunities in the space in 2021.
According to the official announcement, Polkastarter 1.0 Beta has gone live on the Ethereum mainnet.
Bitso hopes to utilize the newly acquired funds to expand its operations by setting up an office in Brazil.
MEW has become the first Ethereum wallet to announced staking with the PoS Ethereum 2.0. The service launch comes in partnership with Staked who will be running validator nodes on behalf of MEW.
Circle CEO Jeremy Allaire said that the creation of a central bank digital currency (CBDC) would not crowd out stablecoin.
The listing of these new tokens is a testament to Coinbase Custody’s plans to provide support for more assets for the benefit of its over 300 institutional clients.
Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.
Acknowledging that the guidance is necessary for protecting customers in the US, Coinbase added that the company hopes to help the commission achieve the goal.