Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit

MicroStrategy and Coinbase’s stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners.

Coinbase shares dip as court sides with SEC in ongoing legal battle

Coinbase Chief Legal Officer Paul Grewal said the exchange had anticipated that the Court would allow the US Securities and Exchange Commission (SEC) case against it to proceed. Grewal made the statement in a March 27 post on social media platform X after Judge Katherine Polk Failla ruled that the Commission had “sufficiently pleaded” its… Continue reading Coinbase shares dip as court sides with SEC in ongoing legal battle

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move forward.

Base Blockchain Transactions Jump on Meme Coin Led Frenzy

The blockchain could see huge traction among retail audiences due to its proximity to the prominent Coinbase exchange, a sentiment that’s driving activity and growth of native Base tokens.

Bitcoin CEX trading volume hits record high in March

Bitcoin ‘s trading volume on centralized exchanges (CEXs) saw a significant spike in March, marking the highest recorded CEX volume since May 2021 — and the month isn’t over yet. Monitoring trading volume on CEXs offers invaluable insights into market sentiment, liquidity, and the overall health of the crypto market. From September 2023 to Mar.… Continue reading Bitcoin CEX trading volume hits record high in March

Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue

U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.

Coinbase Is More Than Just a Crypto Exchange: JMP Securities

Momentum continues to build in the company’s ancillary businesses, the report said.

Coinbase-backed Base leads in Ethereum layer-2 fees amid trading activity surge

Coinbase -backed Base has the highest transaction fees among Ethereum layer-2 networks due to the current wave of attention it enjoys among crypto traders. Gasfees data shows that Base is the priciest layer-2 protocol among scaling solutions that have implemented the Dencun Upgrade’s Blobs feature. The feature significantly reduces transaction fees and enhances throughput for… Continue reading Coinbase-backed Base leads in Ethereum layer-2 fees amid trading activity surge

Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase

The cryptocurrency does not operate in a vacuum, and its price is also affected by non-crypto influences, such as macro factors, the report said.

Memecoin donations pour in for BlackRock $100 million token fund partnered with Coinbase

Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL) . According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month. The Fund invests… Continue reading Memecoin donations pour in for BlackRock $100 million token fund partnered with Coinbase