Recent developments in the crypto market have been dominated by Coinbase. It is reported that the company is secretly applying for an ETF for DOT Price. Demonstrating its capability, the U.S. Marshals Service chose Coinbase to safeguard and trade its large-cap digital assets portfolio, amounting to $32.5 million. The crypto exchange is gunning for the U.S. government to monopolize on this gain, as this comes after Coinbase's recent win of a U.S. government contract.
In the legal domain, Coinbase continues its case to gain access to SEC Chairman Gensler's private emails. They are also suing the SEC and FDIC for what they believe is an unjust blockage of document requests. The company's stocks have experienced fluctuations, rising and falling along with major cryptos like Bitcoin.
Moreover, Coinbase continues to grow, expanding its derivative offerings to include oil and gold. Ripple and Coinbase seek to leverage a judge's ruling in the SEC's Binance case. They also integrated Bitcoin's Lightning Network in partnership with Lightspark and are planning to launch CFTC-regulated futures trading for select altcoins.
Coinbase News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Mon, 08 Jul 2024 01:30:00 GMT - Rating 7 - Innovation 3 - Information 8 - Rumor -2
