Illinois is dropping its lawsuit against
Coinbase regarding its staking program; an evident relaxation in litigation activities may impart positive sentiment to the firm. Coinbase has filed to begin
futures trading of
XRP, branded as 'one of the most liquid digital assets.'
Brian Armstrong, CEO of Coinbase, criticizes the legislation against
stablecoin holders earning interest. To appease perturbed users, Coinbase is tweaking their
2FA account activity entries. Meanwhile,
Ark Invest purchased $13.4 million worth of Coinbase shares post a recent 5% dip. The CEO of Coinbase responded to SEC's clarity on
stablecoin regulations while also being on track to secure registration in
India. The company recently revealed its plans to launch
24/7 Bitcoin Futures regulated within the US. However, despite large BTC purchases, Coinbase's spot price lags, questioning US demand. Coinbase is also set to unveil
RSR and EDGE tokens to expand their offerings. In addition, Coinbase also plans to introduce 24/7 futures trading for
Bitcoin and Ethereum in America. The company received approval to operate in
Argentina but faced its worst quarter in two years, heavily impacted by the economic uncertainty.
Coinbase News Analytics from Fri, 08 Nov 2024 08:00:00 GMT to Sat, 05 Apr 2025 15:36:45 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -4
