Grayscale moves 110,867 ETH (approx. $358M) to
Coinbase Prime. VP Harris is set to discuss Crypto "reset" with
Ripple, Coinbase and Circle, pointing towards improving relations.
Coinbase, with fresh additions to their board like Chris Lehane, Paul Clement, and Christa Davies, aims for a potential $1 Trillion market cap, despite recent fines from the UK regulator citing customer breaches. Also, the company is in a legal tussle with SEC seeking crucial documents.
Coinbase is broadening its service portfolio, including a tokenized Money-Market Fund, partnering with Stripe to increase global crypto adoption, and tapping into futures with oil and gold derivatives. Strangely, Brian Armstrong,
Coinbase's billionaire CEO has been removed from the Giving Pledge. Another exciting development is the company's integration with Bitcoin’s Lightning Network, along with increasing bullish sentiment around the company’s stock.
Coinbase's new listing and growth forecasts hint at a favourable position in the crypto market.
Coinbase News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Sun, 28 Jul 2024 23:53:59 GMT -
Rating 7
- Innovation 6
- Information 5
- Rumor -4
