Binary trading platforms with better performance and payouts
Coinbase
Cathy Wood’s fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller’s report.
The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market.
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.
U.S.-based crypto exchange Coinbase is considering setting up a crypto-trading platform overseas and is discussing the move with institutional clients, Bloomberg reported, citing people familiar with the plans.
The exchange denies that any of the tokens former Coinbase manager Ishan Wahi inside-traded with associates were securities because Coinbase doesn’t list securities – but it would like to if the SEC gave it proper rules and guidance.
Circle’s USDC stablecoin was hit by the shutdown of Silicon Valley Bank, one of its key banking partners.
The decline comes as New York Attorney General referred to ETH as security in its lawsuit against the cryptocurrency exchange KuCoin.
Binance, Coinbase, OKX, and Paxos have all released statements.
The price of bitcoin dipped below 22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.
Some users on Reddit reported bitcoin transfers from Binance to Coinbase were being blocked due to potential sanctions concerns.