Energy management platform KULR Technology is debuting its Bitcoin (BTC) treasury strategy with the acquisition of $21 million worth of the flagship crypto asset. In a new statement, the company says it bought 217.18 BTC at an average price of $96,556.53 per Bitcoin. The asset is currently trading for $95,737. KULR completed the purchase just […]
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While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.
The European Union’s cryptocurrency regulations are set to take full effect in just a matter of days, but there’s still a significant amount of uncertainty on Tether’s USDt stablecoin.
United States crypto exchange Coinbase delisted Tether’s USDt (USDT) in mid-December, citing compliance with the EU’s Markets in Crypto-Assets Regulation (MiCA).
After Coinbase’s USDT delisting, the stablecoin has continued trading across the EU, with many exchanges apparently awaiting more clarity from European authorities on USDT’s compliance with MiCA.
Coinbase’s CEO unveils a bold plan to end failed lobbying, channeling tech money into pro-innovation candidates and rallying millions to reshape Washington’s future. Coinbase Ends Decade of Failed Policy – Armstrong Reveals the Bold New Plan Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq: COIN), has emerged as a prominent advocate for reshaping how the […]
Crypto industry executives share with Cointelegraph what they expect for the now $200 billion stablecoin market next year.
Crypto stablecoins have seen massive successes in 2024, with the fiat currency pegged assets reaching an all-time high circulating supply of over $200 billion in December.
Stablecoins — cryptocurrencies designed to mimic the value of a currency, most popularly the US dollar — are an integral part of the crypto ecosystem and account for 5% of the crypto market value.
With 2025 approaching, Cointelegraph has rounded up the industry’s forecasts and predictions on what key stablecoin trends to expect next year.
US-based crypto exchange Coinbase says there will be five main trends to watch in the digital asset markets next year. In a new “Crypto Market Outlook” report, Coinbase starts its list with stablecoins, saying that they’re “just getting started” after the sector’s explosive growth in 2024. Coinbase says stablecoins are crypto’s “killer app” and their […]
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This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.
Coinbase’s decision to delist Wrapped Bitcoin (wBTC) has sparked significant controversy and a $1 billion lawsuit from BiT Global Digital Limited, a joint custodian of wBTC’s reserves.
In November, Coinbase announced plans to delist wBTC from its platform, citing undisclosed failures to meet its listing standards. This decision drew criticism from BiT Global Digital Limited, a Hong Kong-based crypto exchange and joint custodian of wBTC’s Bitcoin reserves alongside BitGo since August.
BiT Global alleged that Coinbase’s move was intended to promote its own competing product, Coinbase Wrapped BTC (cbBTC), which launched on Sept. 12, and has since become one of the most popular Bitcoin wrappers, with about $1.4 billion in total value locked.
Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.
Bitcoin’s (BTC) daily chart has produced three consecutive red candles for the first time since the first week of November, which coincidentally was the lead-up period to Donald Trump’s US election victory.
Another similarity between the last time three or more red candles were observed on the daily chart was that Bitcoin retested the 50-day EMA level.
Bitcoin 1-day chart. Source: Cointelegraph/TradingView
Top US-based crypto exchange platform Coinbase is removing support for Wrapped Bitcoin (wBTC) as the crypto king crashes below six figures. In a new thread on the social media platform X, Coinbase Assets says it has disabled trading services for wBTC, the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain, as the digital […]
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A decentralized real estate trading platform built on smart contract platform Solana (SOL) saw its price rise and dip after gaining support from Coinbase. Two days ago on the social media platform X, the top US-based crypto exchange platform said it had added Parcl (PARCL), a decentralized exchange (DEX) that lets users trade and invest […]
The post Solana (SOL)-Based Decentralized Real Estate Trading Platform Token Rises and Falls Following Coinbase Listing appeared first on The Daily Hodl.
Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli Martínez-Olguín gave crypto exchange Coinbase the green light to delist wrapped bitcoin (WBTC) despite attempts by digital asset custodian Bit […]