There has been significant activity regarding crypto exchange Coinbase. A noteworthy development is the anticipated dismissal of a lawsuit by the Securities and Exchange Commission (SEC) against the exchange. This move marks a significant victory for Coinbase and the broader crypto market. This is alongside the platform's expansion into Argentina and obtaining VASP Registration in the United Kingdom. The implications not only for Coinbase but also for other giants like Ripple are profound.
Brian Armstrong, CEO of Coinbase, labelled Bitcoin as a 'meme coin' further stating that he is open to other meme coins, albeit of low quality, citing his belief in free-market capitalism. Armstrong also fabulously anticipates 10% of global GDP to be on crypto rails by 2030. In other developments, Coinbase partners with Aston Martin's Formula One team, their stock wins a new price target, the listing of altcoin Bittensor’s TAO token saw a surge in its price, and they also celebrate a successful agreement with the SEC backstage of a notorious hack activity in the crypto market.
Coinbase News Analytics from Sun, 26 Jan 2025 08:00:00 GMT to Sat, 22 Feb 2025 23:33:24 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 3
