Coinbase
Bitcoin Could Reach $50K by Year End: ProChain Capital President
Bitcoin (BTC) is hovering around the $30,000 level and ProChain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach $50,000 by the end of the year. Plus, why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase. CoinDesk and Grayscale are both owned Digital Currency Group (DCG).
Coinbase Looks Like the 'Only Adult Left in the Room': Analyst
John Todaro, senior research analyst at Needham & Company, discusses why a court ruling that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales is actually a positive for Coinbase. Todaro also explains why Coinbase "looks like really the only adult left in the room in crypto, so to speak, at the exchange level" and why Coinbase is the "de facto large remaining player."
Ripple’s Partial Win Against SEC Is Positive for Coinbase: Needham
Needham & Company senior research analyst John Todaro joins "First Mover" to discuss why Ripple's partial court win against the SEC could be positive for Coinbase (COIN)'s stock. Plus, Todaro shares his outlook on recent spot bitcoin ETF application hype in the U.S. and rising institutional crypto interest.
Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg
The crypto exchange is still faced with significant regulatory challenges, the report said.
Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg
Armstrong will meet privately with Congress members from the New Democrat Coalition.
Cathie Wood Says ARK Is ‘Taking Profits’ as It Sells $26M COIN
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.
Barclays Joins Wall Street Analysts Calling XRP Ruling Positive for Coinbase
Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.
Cathie Wood's ARK Sells Another $50.5M Coinbase Shares
The tech-focused investment manager owns over 10.5 million shares in Coinbase making it one of the largest holders of the stock.
Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin
The SEC filed a lawsuit last month against the crypto exchange alleging that its retail staking service constitute securities.
What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC
Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.
