May 2, 2024
Crypto

Bitcoin price gains lift Coinbase and Marathon Digital Holdings stocks

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

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Crypto

Winklevoss Twins Donate $4.9 Million to Crypto Group Trying to Influence 2024 Election

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for Fairshake, which is spending millions to run attack ads against Katie Porter, a Democrat who’s running for Diane Feinstein’s old U.S. Senate seat in California.

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Crypto

Examining The Impact Of Spot Bitcoin ETFs

The SEC approved nearly a dozen spot Bitcoin ETFs on January 10 in what was heralded as a “watershed” moment for the crypto industry, opening the door for investors to gain exposure to Bitcoin without directly holding it. It’s widely expected that this approval and subsequent widespread access for institutions and retail investors will shape

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Crypto

Coinbase takes its turn in court, arguing the tokens it listed are not securities

New York District Judge Katherine Polk Failla probed Coinbase in court on Wednesday about whether tokens listed on its exchange were securities Coinbase was sued by the Securities and Exchange Commission in June for allegedly operating as an unregistered exchange, broker and clearing agency. Coinbase has pushed back on those claims, arguing for the case

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Crypto

Weekly Preview: Coinbase v. SEC, big token unlocks, and more

For anyone craving a return to last week’s exciting spot bitcoin ETF horse race, I have unfortunate news: tomorrow marks the federal holiday of Martin Luther King Jr. day, so the stock market will be closed. However, the blockchains will continue on validating, and several important events are scheduled for later in the week, including

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Funds

SEC Approves Spot Bitcoin ETFs—First Crypto Funds Of Kind

Updated Jan 10, 2024, 04:46pm EST Topline The Securities and Exchange Commission announced Wednesday it greenlit the first spot bitcoin exchange-traded funds (ETF) in the U.S., a historic move for investors looking for exposure to the world’s largest digital asset. The SEC approved the first ever spot bitcoin ETFs. Copyright 2014 AP. All rights reserved.

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Crypto

MicroStrategy Bought $615 Million in Bitcoin. It Joins Coinbase in a Crypto-Stock Rally.

Coinbase Global and MicroStrategy were leading a raft of cryptocurrency-related stocks higher on Wednesday. The companies were among those being boosted by Bitcoin’s rally and MicroStrategy pouring more money into the asset. Coinbase shares were up 6.1% at $182.53. The cryptocurrency exchange is trading at its highest levels since early 2022 and has outpaced the

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