The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10) at Chainalysis’ Links conference in New York, the Wall Street Journal (WSJ) reported Wednesday. Each of the three companies reached settlements with U.S. regulators within the
Analysts at JMP Securities firmed up their view of cryptocurrency exchange Coinbase (NASDAQ: COIN) on Tuesday, noting now there is less room for error for the company. Nevertheless, JMP Securities maintained its “outperform” rating and boosted its price target to $320. That new price target represents potential upside of 25% from the stock’s Apr. 8
A Coinbase executive says the United States is lagging behind other major nations when it comes to adopting clearer regulations on cryptocurrencies. In a new interview with Yahoo Finance, Faryar Shirzad, chief policy officer for the top US crypto exchange, says the majority of the Group of Twenty (G20) members are way ahead of the
Two Binance executives have sued the Nigerian government following their detention by the African nation. The cryptocurrency execs filed suit last week against Nigeria’s national security adviser, Nuhu Ribadu, and country’s Economic Financial Crimes Commission for violating their fundamental human rights, Coindesk reported Friday (March 29), citing local media reports. In their court filings, Tigran Gambaryan, head of
US-based crypto exchange Coinbase says Q2 of 2024 will likely be a bullish period for Bitcoin (BTC) and the broader digital asset market. In a new LinkedIn post, Coinbase head of institutional research David Duong says that the previously identified headwinds for crypto are now in the rearview mirror. “Looking ahead, the setup for 2Q24
Shares of Coinbase (COIN) are trading lower after a judge ruled that the Securities and Exchange Commission (SEC) can proceed with its lawsuit against the cryptocurrency exchange. The SEC alleges that Coinbase violates federal securities laws and claims that the Coinbase wallet operates as an unregistered brokerage. Yahoo Finance’s Jennifer Schonberger breaks down the details.
A federal judge ruled that the U.S. Securities and Exchange Commission brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the cryptocurrency company should move forward. Judge Katherine Polk Failla, of the U.S. District Court for the Southern District of New York, on Wednesday
Coinbase , one of the hottest stocks of the past year, still has room to run, according to some analysts. The trading platform’s shares continue to ride the wave of enthusiasm over financial advisors and institutions’ growing adoption of Bitcoin and other cryptocurrencies. Coinbase Global stock has been one of the top performers of the
Published 1 minute earlier on UPDATED: March 12, 2024, 6:56PM EDT Seizing on a chance to get debt while its stock price is near its 26-month high in the wake of a crypto rally, Coinbase announced plans Tuesday to sell $1 billion in debt to institutional investors. The largest U.S.-based crypto exchange by daily trading
Bitcoin had a monster February. Its value jumped more than 40% since the beginning of the month, and it’s been surging to heights not seen since 2020 seemingly everyday. But investing in the cryptocurrency itself would not have been the most lucrative trade to make: The trading exchange Coinbase and the miner Marathon Digital Holdings