Barclays had revised its targets for
Block Inc. allowing it to surpass
Coinbase in market capitalization. However, both Coinbase and
Robinhood are upgraded by Barclays, commending their
business models. Cryptocurrencies received support from current presidential candidates, bolstering
Coinbase's resilience amidst regulatory adjustments.
Judges have cleared the way for shareholders' lawsuits against Coinbase over SEC risks, having the business face one of its worst weeks. It has experienced partial victories against SEC while also facing several shareholder lawsuits. Despite a tumultuous period, Coinbase added
Ethereum's layer-2 scaling protocol to its roadmap and announced a new listing. The company has also significantly increased its lobbying expenditure and is now accepting crypto donations for VP Kamala Harris' campaign. Meanwhile,
U.S. Marshals Service chose Coinbase to safeguard and trade its large cap digital assets.
Kamala Harris is also employing Coinbase to accept campaign donations. As per the Coinbase CFO's revealation, the super PAC backing her will accept cryptocurrency donations. Coinbase secures partial victories over SEC while suffering a continuous losing streak, and CEO Brian Armstrong has successfully executed AI-to-AI cryptocurrency transactions.
Coinbase News Analytics from Wed, 03 Apr 2024 07:00:00 GMT to Mon, 09 Sep 2024 00:00:03 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor -1
