#Ethereum surges to $3,004.66, up 3.63% in 24 hours, driven by positive market sentiment. #CryptoNews
#Coinbase adopts Ethereum for on-chain services, #BlackRock's pending #ETH ETF fuels institutional interest.
https://coinpedia.org/news/ethereum-soars-to-3000-as-institutional-backing-propel-price-to-new-heights/
#Coinbase adopts Ethereum for on-chain services, #BlackRock's pending #ETH ETF fuels institutional interest.
https://coinpedia.org/news/ethereum-soars-to-3000-as-institutional-backing-propel-price-to-new-heights/
CoinPedia
Ethereum Breaks $3,000 Barrier as Coinbase & BlackRock Place Big Bets
Ethereum (ETH), the world's second-largest cryptocurrency, is currently on a remarkable upswing, catching the eye of investors worldwide. This surge is
#Coinbase suggests #Ethereum has strong long-term potential despite lagging behind #Bitcoin this year.
Factors supporting Ethereum include reduced liquid supply, #DeFi dominance, and potential #ETF approval.
https://coinpedia.org/news/ethereum-poised-for-upside-despite-lagging-behind-bitcoin-coinbase/
Factors supporting Ethereum include reduced liquid supply, #DeFi dominance, and potential #ETF approval.
https://coinpedia.org/news/ethereum-poised-for-upside-despite-lagging-behind-bitcoin-coinbase/
CoinPedia
Why Ethereum Is A Good Buy Right Now: Supply Squeeze, DeFi Boom, and More!
Ether might be trailing behind Bitcoin this year, but Coinbase analysts believe the cryptocurrency has strong long-term potential and could surprise
Breaking: #Coinbase Challenges #SEC Denial: Filing Closing Brief in Rulemaking Dispute
🔵Today Coinbase Filed closing brief challenging SEC's denial of rulemaking petition in Third Circuit.
🔵Core of case revolves around a single sentence in SEC order lacking reasoned decision-making.
🔵Argues SEC lacks proper authorization from Congress to claim broad jurisdiction over new industry without clear rules.
🔵Third Circuit's consideration appreciated; commitment to advocating for industry clarity reiterated.
#Crypto #CryptoNews #TheSEC #Legal #Law #Regulation
🔵Today Coinbase Filed closing brief challenging SEC's denial of rulemaking petition in Third Circuit.
🔵Core of case revolves around a single sentence in SEC order lacking reasoned decision-making.
🔵Argues SEC lacks proper authorization from Congress to claim broad jurisdiction over new industry without clear rules.
🔵Third Circuit's consideration appreciated; commitment to advocating for industry clarity reiterated.
#Crypto #CryptoNews #TheSEC #Legal #Law #Regulation
Top #CryptoNews This Week
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
📊 Top 5 #Crypto Exchanges by Trading Volume! 🚀💰
1️⃣ #Binance: $14,455,213,259.79
2️⃣ #Coinbase: $1,943,335,963.46
3️⃣ #OKX: $2,042,986,965.06
4️⃣ #Bybit: $4,209,395,735.01
5️⃣ #Upbit: $920,690,331.03
These exchanges are dominating the crypto market with massive trading volumes. Which one is your favourite?
Let us know in the comments.
1️⃣ #Binance: $14,455,213,259.79
2️⃣ #Coinbase: $1,943,335,963.46
3️⃣ #OKX: $2,042,986,965.06
4️⃣ #Bybit: $4,209,395,735.01
5️⃣ #Upbit: $920,690,331.03
These exchanges are dominating the crypto market with massive trading volumes. Which one is your favourite?
Let us know in the comments.
BREAKING : #Coinbase has filed a lawsuit against the #SEC and #FDIC, alleging that federal regulators are attempting to exclude the crypto industry. #CryptoNews
https://assets.ctfassets.net/sygt3q11s4a9/1ka1UOZIsHttbrwYiVS7jV/2b34ef92cfd95bdcf07e2baab938d54f/-1-_FDIC_FOIA_Complaint.pdf
https://assets.ctfassets.net/sygt3q11s4a9/1ka1UOZIsHttbrwYiVS7jV/2b34ef92cfd95bdcf07e2baab938d54f/-1-_FDIC_FOIA_Complaint.pdf
#Coinbase : Do Different Courts Define Securities Differently?
#Crypto Uncertainty: Should #CryptoMarkets Follow Judge or Law?
#CryptoNews #Ripple #Binance #TheSEC
Don't Miss This Interesting Article 👇👇
https://coinpedian.substack.com/p/coinbase-vs-sec-update-can-binances
#Crypto Uncertainty: Should #CryptoMarkets Follow Judge or Law?
#CryptoNews #Ripple #Binance #TheSEC
Don't Miss This Interesting Article 👇👇
https://coinpedian.substack.com/p/coinbase-vs-sec-update-can-binances
Substack
Coinbase vs SEC Update: Can Binance's Ruling Help Coinbase in SEC Battle?
Coinbase Uses Binance Ruling for Appeal!
Top #CryptoNews in Past 12 Hours
🔵German MP Joana Cotar criticized the government for selling #Bitcoin, fearing it would destabilize markets.
🔵Taiwan Mobile Co., Ltd., Taiwan's second largest telecom operator, applied and opened its own cryptocurrency exchange.
🔵On July 5, 2024, #MtGox's Rehabilitation Trustee repaid some creditors in Bitcoin and Bitcoin Cash.
🔵#Coinbase argued in a recent letter to a district court judge that accessing SEC Chair Gary Gensler's private communications was crucial for their defense.
🔵Mt. Gox transferred 47,229 Bitcoin, valued at $2.71 billion, to a new wallet address.
🔵German MP Joana Cotar criticized the government for selling #Bitcoin, fearing it would destabilize markets.
🔵Taiwan Mobile Co., Ltd., Taiwan's second largest telecom operator, applied and opened its own cryptocurrency exchange.
🔵On July 5, 2024, #MtGox's Rehabilitation Trustee repaid some creditors in Bitcoin and Bitcoin Cash.
🔵#Coinbase argued in a recent letter to a district court judge that accessing SEC Chair Gary Gensler's private communications was crucial for their defense.
🔵Mt. Gox transferred 47,229 Bitcoin, valued at $2.71 billion, to a new wallet address.
Top #CryptoNews This Week
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
1️⃣ #Bitcoin prices fell 8% to $53,918 on Friday, marking their lowest since late Feb.
2️⃣#MtGox Trustee repaid Bitcoin and Bitcoin Cash to creditors via crypto exchanges on July 5
3️⃣ #Fed's Powell noted more progress needed before cutting rates, despite tackling inflation issues
4️⃣ U.S. Marshals Service partnered with #Coinbase Prime for custody and trading of digital assets
5️⃣ Bloomberg analyst predicted #EthereumETF might start trading around July 15 after resubmissions
6️⃣ German lawmaker criticized the government for selling $195 million in #Bitcoin, causing market volatility
7️⃣ #Circle began issuing USDC and EURC in the EU under new MiCA regulations from July 1
8️⃣ #Grayscale remained optimistic about crypto valuations recovering, predicting an Ethereum ETP in Q3
9️⃣ Sony acquired Amber Japan, renamed it S.BLOX & planned enhancements for crypto trading services
🔟 #Vitalik proposed faster transaction confirmation methods for #Ether using Single-Slot Finality
Top #CryptoNews in Past 12 Hours
1️⃣#Polychain accused former employee Niraj Pant of a secret deal with Eclipse Labs over token allocation.
2️⃣ #Coinbase listed Stader (SD), the core cryptocurrency of Stader Labs, which surged 56% in 24 hours.
3️⃣ On July 9, #BitcoinETFs saw a $216M net inflow, with Grayscale outflowing $37M.
4️⃣A Paradigm-funded poll showed 13% of anti-Trump Republicans shifted due to his crypto support.
5️⃣On July 10th, the German government sold Bitcoin, transferring 1,250 BTC to Kraken and Coinbase. currently it holds 13,110 BTC in wallet
6️⃣ On july 9 hearing Judge Jackson concluded discovery in the #Binance vs US SEC case, final submissions due July 29.
1️⃣#Polychain accused former employee Niraj Pant of a secret deal with Eclipse Labs over token allocation.
2️⃣ #Coinbase listed Stader (SD), the core cryptocurrency of Stader Labs, which surged 56% in 24 hours.
3️⃣ On July 9, #BitcoinETFs saw a $216M net inflow, with Grayscale outflowing $37M.
4️⃣A Paradigm-funded poll showed 13% of anti-Trump Republicans shifted due to his crypto support.
5️⃣On July 10th, the German government sold Bitcoin, transferring 1,250 BTC to Kraken and Coinbase. currently it holds 13,110 BTC in wallet
6️⃣ On july 9 hearing Judge Jackson concluded discovery in the #Binance vs US SEC case, final submissions due July 29.
Top #CryptoNews in Past 12 Hours
1️⃣On July 11, #Bitcoin spot #ETFs saw $78.9343m net inflow; Grayscale had $37.6929m outflow. BTC trading below $57K
2️⃣On July 12, Germany sold 1,200 BTC to #Bitstamp, #Kraken, and #Coinbase, 400 each. Currently Holds 6.14K BTC.
3️⃣Jayson Hobby resigned as #Compound CEO, launching Legend with Geoffery Hayes and Mykel Pereira.
4️⃣#Genesis Trading sent 12k BTC to Coinbase during bankruptcy liquidation, holding 33k BTC now.
5️⃣On July 12, #Biden confirmed at his press conference that he would continue campaigning for the 2024 elections.
6️⃣The UK Law Commission suggested integrating #DAOs into existing legal and tax frameworks, avoiding separate regulations.
1️⃣On July 11, #Bitcoin spot #ETFs saw $78.9343m net inflow; Grayscale had $37.6929m outflow. BTC trading below $57K
2️⃣On July 12, Germany sold 1,200 BTC to #Bitstamp, #Kraken, and #Coinbase, 400 each. Currently Holds 6.14K BTC.
3️⃣Jayson Hobby resigned as #Compound CEO, launching Legend with Geoffery Hayes and Mykel Pereira.
4️⃣#Genesis Trading sent 12k BTC to Coinbase during bankruptcy liquidation, holding 33k BTC now.
5️⃣On July 12, #Biden confirmed at his press conference that he would continue campaigning for the 2024 elections.
6️⃣The UK Law Commission suggested integrating #DAOs into existing legal and tax frameworks, avoiding separate regulations.
Top #CryptoNews in Past 12 Hours
1️⃣ #cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.
2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.
3️⃣ The U.S. Government transferred 58.742 BTC to #Coinbase, seized from Ryan Farace’s funds.
4️⃣ #Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.
5️⃣ L2 project Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.
6️⃣#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
1️⃣ #cryptoexchange Gate stopped serving Japan from July 22, 2024, aiding compliance with local regulations.
2️⃣ The SEC approved Ethereum spot ETFs, starting trading Today at 9:30AM (New Jersey time) July 23, with $4 billion inflow expected.
3️⃣ The U.S. Government transferred 58.742 BTC to #Coinbase, seized from Ryan Farace’s funds.
4️⃣ #Bitwise announced to donate 10% of Ethereum spot ETF profits to support Ethereum open source developers.
5️⃣ L2 project Zircuit completed its Mainnet funding round with Mirana Ventures, boosting ecosystem growth and activity.
6️⃣#MtGox transferred $2.8 billion in Bitcoin on July 23, part of its repayment plan.
Top #CryptoNews in Past 12Hours
1️⃣#Coinbase earned $1.45 billion and $596 million #EBITDA in Q2. Transaction revenue fell 27%.
2️⃣Under #MiCA pressure, #Bybit ceased services in France, liquidating positions by August 13.
3️⃣#Genesis Trading transferred 40,000 ETH worth $126.68 million, likely for bankruptcy liquidation.
4️⃣#MicroStrategy held 226,500 bitcoins worth $14.4 billion and planned to raise $2 billion to buy more BTC.
5️⃣On August 1, Ethereum spot ETF saw $26.75M inflow; Grayscale had $78M outflow.
6️⃣#AEVO dropped from $3.7 to $0.44; OKX founder criticized token release practices.
7️⃣On August 1, #BitcoinETFs saw $50.64M net inflow; Grayscale had $71.33M outflow.
8️⃣YouHodler analyst Ruslan Lienkha said Harris's rising election chances could have negatively affected #Bitcoin’s price.
1️⃣#Coinbase earned $1.45 billion and $596 million #EBITDA in Q2. Transaction revenue fell 27%.
2️⃣Under #MiCA pressure, #Bybit ceased services in France, liquidating positions by August 13.
3️⃣#Genesis Trading transferred 40,000 ETH worth $126.68 million, likely for bankruptcy liquidation.
4️⃣#MicroStrategy held 226,500 bitcoins worth $14.4 billion and planned to raise $2 billion to buy more BTC.
5️⃣On August 1, Ethereum spot ETF saw $26.75M inflow; Grayscale had $78M outflow.
6️⃣#AEVO dropped from $3.7 to $0.44; OKX founder criticized token release practices.
7️⃣On August 1, #BitcoinETFs saw $50.64M net inflow; Grayscale had $71.33M outflow.
8️⃣YouHodler analyst Ruslan Lienkha said Harris's rising election chances could have negatively affected #Bitcoin’s price.