BTC futures data shows bulls are not sure that Bitcoin price will hold above $24,000, but range-bound action could help them profit from Aug. 12’s $475 million options expiry. Bitcoin (BTC) has been posting higher lows for the past eight weeks, but during this time, BTC has not been able to flip the $24,000 resistance…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department. The department accused Tornado Cash, a crypto mixer platform, of laundering more than $7 billion in cryptocurrencies, including…
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The crypto exchange giant Coinbase is putting a positive spin on another quarter of sub-par results – and its CEO Brian Armstrong has stated that “across price cycles,” the exchange is still trending upward. But the firm appears braced for another rocky ride in the coming third quarter of FY2022. In an earnings call, Armstrong…
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It’s the largest quarterly net loss for the crypto company since its listing on the Nasdaq Stock Exchange in April 2021. Crypto exchange giant Coinbase has cited a “fast and furious” downturn of the crypto markets as the reasons behind a staggering $1.1 billion net loss in the second quarter of 2022, which also saw…
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Web traffic on FTX surged 123% YoY, while major exchanges like Coinbase and Binance were down 46% and 40% traffic-wise, respectively. The ongoing cryptocurrency winter has triggered an overall decline in interest in centralized crypto exchanges (CEX), but some crypto trading platforms have seen a rise in website traffic. A few major global crypto exchanges,…
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In both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company’s business, operations and compliance efforts throughout the class period. Coinbase is now facing increased scrutiny from regulators, with the company now becoming the target of multiple lawsuits. The San Francisco-based cryptocurrency exchange, which is presently being investigated by the United States…
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Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether’s premium in Asia and futures markets activity show buyers lacking confidence. Cryptocurrencies have failed to break the $1.1 trillion market capitalization resistance, which has been holding strong for the past 54 days. The two leading coins held back the…
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On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced that Coinbase has been selected by the financial giant Blackrock to provide the firm’s Aladdin platform access to cryptocurrencies. Blackrock Chooses Coinbase to Connect Aladdin Clients to Crypto Coinbase’s institutional arm will help the world’s…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Bitcoin Debuts in BlackRock & Coinbase Partnership, Meta Rolls Out NFTs to More Countries, Risky Crypto Bridges + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
