Coinbase

Hong Kong exchanges have reportedly informed regulators about the dangers of the impending new crypto regulations. According to industry stakeholders, the Hong Kong government is set to ban retail trading in the city, severely affecting.  New Crypto Regulation In Development  This development was revealed today by local news outlet the South China Morning Post. According to the report, exchanges within Hong Kong are apprehensive about the government's new crypto regulations.  Hong Kong's Financial Services and Treasury Bureau had put forth…

Tesla's $1.5 billion purchase of Bitcoin (BTC) on Monday blew the leading cryptocurrency price. The FOMO is in full swing, to the point that the big exchanges are struggling to meet up with the demand for bitcoins.  Bitcoin Price Surges to $48,000 Tesla's purchase of bitcoins yesterday surprised the entire market as it was unexpected. However, its effect on the market was expected as the price of bitcoin began an upward rise. Within a few hours, Bitcoin had blown past its…

Thailand Securities and Exchange Commission has directed crypto exchange Bitkub to stop accepting new customers on their platforms. This directive comes after the exchange shut down temporarily in January due to the influx of new customers on its platform. Regulatory Demands Not Met By BitKub  Bitkub acknowledged the directive from the regulatory body and revealed in a statement that it would suspend the registration of new users. The development comes after the exchange suffered a major technical problem in January.…

In a Jan 28 blog, Coinbase unveiled plans to become a publicly-traded company in 2021 via a direct listing of its shares. The popular exchange stated that it would pursue a direct listing of its Class A common stock. The announcement comes as a follow-up to the leading exchange's earlier move to seek regulatory approval for a public listing. In Dec of last year, Coinbase confidentially filed a draft registration statement on Form S-1 with the SEC, laying down its…

Ethereum has experienced a new surge of investment from financial institutions, according to a new report from Coinbase. This could have influenced the recent surge in Ether (ETH) price, which recently hit an all-time high. Institutional Investors Turn More to Ethereum (ETH) Assets Coinbase released its annual report analyzing the current development in the crypto space in the past 12 months. The exchange focused on the recent surge in the popularity of Ethereum (ETH) and gave some reasons for this.…

Leading US cryptocurrency exchange Coinbase is facing a lawsuit for the sales of XRP on its platform. This lawsuit comes on the back of the fallout on Ripple, the issuers of the XRP token. Coinbase Allegedly Gained Unfair Advantage over rivals. Coinbase has been accused in a class-action lawsuit of receiving commissions from illegal XRP sales. The plaintiff, Thomas Sandoval, claims that Coinbase knew that XRP was a security under US federal securities law. The lawsuit further claims that Coinbase…

The fallout from Ripple’s legal case with the SEC continues for the embattled blockchain platform. Popular crypto exchanges Coinbase and Crypto.com have revealed suspension of XRP trading from January for all its users. Difficulties Mounting for XRP The wave of delisting and suspending XRP trading has continued to gain momentum. Coinbase announced yesterday that it had decided to suspend the trading of XRP on its platform. According to the exchange, all trading pairs of XRP will no longer be accessible…

Bitcoin (BTC) price continues to prove bullish, with the coin breaking records in recent days. This bullish trend has affected the crypto market cap, with several altcoins making huge gains over the weekend. Bitcoin Sets New All-Time High Bitcoin (BTC) recorded a new milestone on Saturday, 19th of December, setting a new all-time high. The leading coin began the day trading around the $22,700 mark before embarking on a massive bullish run. This run was buoyed by fundamental news as…

The Coinbase wallet is a non-custodial platform and Dapp browser designed to streamline the most common crypto users' daily activities. The simplistic nature of the wallet makes it a good choice for novice traders. Anyone can send crypto to anyone around the world with no prior technical understanding using the Coinbase Wallet. Coinbase Exchange Vs. Coinbase Wallet You must understand that the Coinbase Wallet is separate from the Coinbase exchange wallet. Both platforms come from the same crypto giant. However,…