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Coinbase to delist WBTC

Coinbase has already discontinued market trading of WBTC and is only facilitating limit orders.

Coinbase will be suspending trading of Wrapped Bitcoin (WBTC) in December, citing undisclosed failures to meet the cryptocurrency exchange’s standards for listing tokens, Coinbase said.

“We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET,” Coinbase said in a Nov. 19 post on the X platform.

Coinbase has already discontinued market trading of WBTC and is only facilitating trades in in the form of limit orders.

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QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Coinbase’s Bold Move: Bitcoin Derivative Token WBTC to Be Delisted Next Month

Coinbase’s Bold Move: Bitcoin Derivative Token WBTC to Be Delisted Next MonthOn Tuesday, the San Francisco based crypto firm Coinbase announced that it would be delisting wrapped bitcoin (WBTC) on Dec. 19, 2024. Coinbase to Pulls Wrapped Bitcoin From Its Platform on Dec. 19 Coinbase plans to suspend trading of the bitcoin derivative token wrapped bitcoin (WBTC) next month, according to a post shared by the […]

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Coinbase CEO States Elon Musk’s D.O.G.E. Is a ‘Once-in-a-Lifetime Opportunity’ for Economic Freedom

Coinbase CEO States Elon Musk’s D.O.G.E. Is a ‘Once-in-a-Lifetime Opportunity’ for Economic FreedomBrian Armstrong, CEO of the U.S.-based crypto behemoth Coinbase, has favored the future efforts of the Department of Government Efficiency (D.O.G.E.), using Musk’s and Ramaswamy’s ideas to trim the fat in state bureaucracy and cut state spending. Coinbase CEO Brian Armstrong Praises Elon Musk’s D.O.G.E. Proposal, Examines Possible Outcomes The Department of Government Efficiency (D.O.G.E.), […]

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Coinbase CEO to meet with Trump to discuss personnel appointments — WSJ

Before US Election Day, Brian Armstrong said Coinbase was “prepared to work” with either a Kamala Harris or Donald Trump administration.

Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, will reportedly meet with Donald Trump as the president-elect continues to announce staff picks for his administration and the heads of government departments.

According to a Nov. 18 Wall Street Journal report, Trump intended to meet privately with Armstrong to discuss personnel appointments. The Coinbase CEO did not appear to have donated directly to the Republican’s 2024 campaign or political action committees (PACs) directly supporting him but said before the US election the crypto exchange would be prepared to work with a Trump administration.

It’s unclear whether Armstrong or a Coinbase employee could potentially have a role in the next US president’s administration. At the Bitcoin 2024 conference in July, then-candidate Trump said he intended to establish a “Bitcoin and crypto presidential advisory council” to “design transparent regulatory guidance for the benefit of the entire industry” within 100 days of taking office.

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QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Coinbase CEO Advocates Ending Individual Income Tax Entirely, Shifting Burden to Businesses

Coinbase CEO Advocates Ending Individual Income Tax Entirely, Shifting Burden to BusinessesCoinbase CEO Brian Armstrong wants to scrap income taxes entirely, dumping the 150,000-page tax code and shifting the chaos to businesses. Coinbase’s CEO Challenges America’s Tax Code Chaos With Controversial Idea Brian Armstrong, CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN), has proposed a sweeping change to the U.S. tax system, calling for the elimination of […]

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Coinbase Launches ‘COIN50’ Index Designed To Track Top Fifty Crypto Assets

Coinbase Launches ‘COIN50’ Index Designed To Track Top Fifty Crypto Assets

US-based crypto exchange Coinbase just launched a new benchmark index for tracking the digital assets market. In a statement, the publicly-listed firm says the Coinbase 50 Index (COIN50) is a regulated benchmark representing the 50 largest crypto assets on its platform that meet the fundamental criteria for token economics, blockchain architecture and security. To qualify […]

The post Coinbase Launches ‘COIN50’ Index Designed To Track Top Fifty Crypto Assets appeared first on The Daily Hodl.

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing

One of Dogecoin’s (DOGE) competitors has skyrocketed after being added to the listing roadmap of top US crypto exchange Coinbase. In a new announcement, Coinbase says it’s adding memecoin Floki (FLOKI) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed. News of […]

The post Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing appeared first on The Daily Hodl.

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

Crypto Biz: MicroStrategy’s Bitcoin bet swells

This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway.

MicroStrategy is ramping up its Bitcoin (BTC) reserve strategy. On Nov. 11, the company disclosed another large purchase of the cryptocurrency, adding 27,200 BTC to its treasury for about $2.03 billion in cash. 

According to the firm, the coins were purchased between Oct. 31 and Nov. 10, with an average cost of $74,463 per BTC, including fees and expenses.

The company remains by far the largest corporate holder of Bitcoin, followed only by major mining firms. According to the “Saylor Tracker,” named after the firm’s founder and chairman, Michael Saylor, MicroStrategy now holds 279,420 BTC, worth $24.9 billion as the coin price hovers around $89,000. 

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QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

PEPE Memecoin, Already Up 94% in a Week, Gets Further Boost From Coinbase Listing

PEPE Memecoin, Already Up 94% in a Week, Gets Further Boost From Coinbase Listing

A popular frog-themed meme asset that has surged 94% during the last week is seeing another leg up after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that investors can now buy, sell, trade, store and convert the popular memecoin Pepe (PEPE). “Pepe is now live on [coinbase.com] […]

The post PEPE Memecoin, Already Up 94% in a Week, Gets Further Boost From Coinbase Listing appeared first on The Daily Hodl.

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing

A dog-themed rival of Dogecoin (DOGE) is continuing its post-election ascent after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that popular meme asset dogwifhat (WIF), which launched less than a year ago in December 2023, is now available on its platform to buy, sell, end, send and […]

The post dogwifhat (WIF) Memecoin Continues To Rise Following Coinbase Listing appeared first on The Daily Hodl.

QCP Capital: Bitcoin Slump Sets Stage for Potential Bullish Rally Near Trump’s Inauguration