The Commodity Futures Trading Commission (CFTC) reportedly issued a subpoena to American crypto exchange Coinbase as part of an ongoing probe of the decentralized prediction market platform Polymarket. In a post on social media platform X, Ethereum (ETH)-focused website EthHub co-founder Eric Conner shares what appears to be a screenshot of an email from Coinbase […]
The post CFTC Reportedly Subpoenas Customer Info from Coinbase Related to Polymarket Probe appeared first on The Daily Hodl.
Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.
USD Coin (USDC) is a stablecoin cryptocurrency that is pegged 1:1 to the US dollar. That means 1 USDC is always $1. It is issued by Circle and has grown to become a top 10 cryptocurrency with a market cap of over $40 billion by the end of 2024.
The stablecoin is available on most major cryptocurrency exchanges and is widely accepted in the digital economy. Additionally, it is available across a number of different blockchains, including the Base Network.
Below, you will learn the step-by-step process of buying USDC on the Base Network. In addition, you’ll get a complete rundown of how the Base Network links to the Ethereum blockchain. So, by the end, you understand how to purchase and start using USDC safely and effectively.
A New York federal court has paused the SEC’s case against Coinbase, granting a rare appeal that could reshape how securities laws apply to crypto. Coinbase Secures Key Legal Victory in SEC Case A federal court in New York has certified an order for interlocutory appeal in the U.S. Securities and Exchange Commission’s (SEC) case […]
Judge Katherine Failla granted Coinbase’s request for an interlocutory appeal, citing different courts’ interpretations of what constituted a security under the SEC’s purview.
Cryptocurrency exchange Coinbase won a small victory in its civil case against the US Securities and Exchange Commission (SEC) after a federal judge granted an order for an interlocutory appeal.
In a Jan. 7 filing in the US District Court for the Southern District of New York, Judge Katherine Failla granted an appeal for an order denying Coinbase’s motion for judgment, which she filed in March 2024. Judge Failla ordered all proceedings in the case to be stayed until the Second Circuit ruled on an interlocutory appeal over the order.
One of the crucial arguments for the SEC’s case against Coinbase was alleging that “certain transactions involving crypto-assets qualified as investment contracts within the SEC’s regulatory purview,” i.e., as securities. Judge Failla said there was a “possibility of reversal” of her interpretation of investment contracts based on the Howey test, granting Coinbase’s appeal.
Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher.
Bitcoin (BTC) closed a daily candle at $102,180 on Jan. 6 after another round of positive ETF inflows worth $978.6 million. However, prices dropped sharply on Jan. 7 as traders expected BTC to retest the $100,000 level.
Despite these short-term BTC drawdowns, significant investor activity was observed on major exchanges, indicating a bullish urgency.
Burak Kesmeci, a verified analyst at CryptoQuant, highlighted that the 14-day simple moving average (SMA14), which tracks Binance's netflow, has turned negative. As illustrated in the chart, each time the SMA14 has turned negative, BTC has exhibited a bullish shift in the charts.
The letters serve as a damning indictment of the government’s alleged anti-crypto policies. How the FDIC Secretly Stifled Banks’ Crypto-Related Activities The Federal Deposit Insurance Corporation (FDIC), an entity originally formed to restore trust in the American banking system, on Friday, quietly released letters it had previously sent to banks prohibiting them from engaging in […]
The creator of Base, the blockchain of top US-based crypto exchange Coinbase, says that the company’s stock (COIN) could soon become available on-chain. In a new thread on the social media platform X, Base developer Jesse Pollak says that eventually, every asset in the world will be on Base, including COIN. However, Pollak notes that […]
The post Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak appeared first on The Daily Hodl.
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000.
Bitcoin’s (BTC) price is up 8.5% in 2025, with the collective crypto market turning bullish ahead of President-elect Donald Trump’s inauguration on Jan. 20.
Bitcoin 1-month chart. Source: Cointelegraph/TradingView
With BTC breaking past $100,000 yet again, multiple analysts presented new all-time high targets for the largest crypto asset in the coming days.
Coinbase’s chief legal officer Paul Grewal says that unredacted letters show that the Federal Deposit Insurance Corporation (FDIC) was attempting to sabotage a wide variety of activity in the crypto industry. Grewal previously said that Coinbase’s Freedom of Information Act (FOIA) requests uncovered instances where the FDIC asked banks to freeze crypto services Said Grewal at […]
The post Court Order Reveals US Government Made ‘Coordinated Effort’ To Shut Down Crypto Activity: Coinbase CLO appeared first on The Daily Hodl.
The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.
Coinbase is considering making tokenized shares of its stock available to United States users of Base, its Ethereum layer-2 network, Base developer Jesse Pollak said in a post on the X platform.
Tokenized COIN shares are already available to non-US users through protocols such as Backed, a tokenized real-world assets (RWA) platform, Pollak said in a Jan. 3 X post.
COIN on Base is “something we are looking into in the new year,” Pollack said, adding that eventually, “every asset in the world will be on Base.”
