Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
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The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it’s also a “chance to send a message” to federal politicians who’ve declined to come up with crypto policies.
Bitcoin {{BTC}} lost 23.7% of its value against its Euro trading pair on Coinbase amid a period of volatility on Tuesday.
In an insider trading case involving Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which Coinbase is, are securities transactions.
The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by “wallet as a service.”
Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn’t about digital assets, directly, but it may be important for every modern consumer who buys, registers or contracts for a product or service – and for the businesses trying to stay out of court.
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.