Bitcoin price action saw a significant change as the Coinbase Premium Gap, an important metric of institutional demand, dropped to one of its lowest points this year, as highlighted by recent analysis from CryptoQuant. The Premium Gap measures the difference in price between Bitcoin transactions on Coinbase Pro, which is
The regulators of Nevada have taken a new action against the crypto exchange Coinbase. The action is taken to put a stop to the prediction market offerings of the company in the state as tensions surge between federal derivatives oversight and state gambling laws. On February 2, the Nevada Gaming
The latest anticipation revolves around the Epstein Files, indicating a vast collection of documents associated with the case of American financier Jeffrey Epstein, which revealed that he made a $3 million investment in the crypto exchange Coinbase around 10 years ago. According to the documents publicised by the U.S. Department
A US court has allowed an insider trading lawsuit against Coinbase executives, including CEO Brian Armstrong, to proceed. The plaintiffs claim that the company’s executives sold their shares while in possession of non-public information about the potential risks to the company’s stock price due to regulatory issues. The case does
A high-profile showdown between Coinbase and major U.S. banks has again brought the CLARITY Act into the limelight. The proposed crypto market structure bill is now pending in the Senate. At the World Economic Forum in Davos, a heated exchange occurred between Coinbase CEO Brian Armstrong and JPMorgan CEO Jamie
Coinbase has spread its wings of the prediction markets feature to users in all 50 U.S. states, offering customers nationwide access to event-based trading inside its application. The firm has officially accepted the launch on January 28, accompanying the initial launch in December that was restricted to select users. The
The advertising overseer of the United Kingdom has restricted a Coinbase campaign that reportedly dismissed the risks of crypto investing and advertised the exchange as a solution to the cost-of-living crisis of the country. As per the U.K. Advertising Standards Authority, the advertisements were called irresponsible and dismissed the risks
Coinbase’s withdrawal from the Digital Asset Market Clarity Act effort is leading to a degree of political backlash in Washington, and the crypto regulation bill currently deemed to have the most potential is losing steam. It is indicative of how easy it is for crypto regulation wins to slip through
Coinbase has launched a new borrowing feature which allows the eligible U.S. users to borrow upto $1 million in USDC without selling or unstaking their ETH. The users can use the new product, cbETH, which is Coinbase’s token that represents the staked ETH as collateral to borrow USDC. This makes
Some of the Coinbase users have been experiencing missing or incorrect balances being reflected in their accounts, which raised various concerns among the cryptocurrency communities. It is reported that the affected users were the ones who had been experiencing issues with the balances being reflected both on the Coinbase exchange
