Tag Archives: Coinbase

Bitcoin surged to a record high for the third time in five days before traders seized the opportunity to capitalize on recent gains. After touching $73,650 during Tuesday’s trading session, the cryptocurrency was pushed below the $70,000 mark. Influx of Funds and ETF Success: The cryptocurrency’s ascent to new heights …

The BTC/USD pair has risen past $72,000, setting a new record, but this is a long way from the top that some analysts of the biggest cryptocurrency in the world had predicted. By year’s end, Standard Chartered believes bitcoin will hit $100,000, while research company Fundstrat has set a target …

Bitcoin has hit $63000 after more than two years below this level, and liquidations have surpassed $277 million in the last 24 hours. This massive rally in the pioneer cryptocurrency could be attributed to the spot ETF approval. Bitcoin price has shattered past the $63000 threshold, with the bulls not …

Bitcoin has surged to $50,000 for the first time in over two years, marking a remarkable comeback from a series of crypto industry scandals and bankruptcies. The original cryptocurrency has tripled in value since the start of last year, climbing back from a 64% plunge in 2022. Bitcoin last traded …

JPMorgan has downgraded Coinbase to underweight, citing the disappointing performance of Bitcoin ETFs. The launch of spot bitcoin ETFs last year was expected to lead to a new era for cryptocurrencies, with mainstream money expected to flood the space. However, the bank cut its rating to underweight from neutral, with …

In the final days of a typically challenging August for the stock market, investors flocked back to tech stocks, driving the Nasdaq Composite Index up by more than 1% on Tuesday. The Dow Jones Industrial Average gained 258 points or 0.7% and the S&P 500 increased by 1.4%.The tech-focused Nasdaq …

Bothered by a US Securities and Exchange Commission crackdown, cryptocurrency companies are renewing their efforts on Capitol Hill to reap support for legislation that they hope will control the organization and provide the sector regulatory clarity.According to 6 executives, the Blockchain Association, Chamber of Digital Commerce, Crypto Council for Innovation, …

Arbitrum and ImmutableX started price rallies in response to the SEC’s regulatory crackdown. Optimism completed its Bedrock hard fork earlier today, reducing the Layer 2 solution’s gas fees by 40%. OP, ARB and IMX prices yielded between 3% and 6% gains for holders since Tuesday. In other words, while mainstream …

What Changes In The Cryptocurrency Markets Could The SEC Fight Bring About?The US Securities and Exchange Commission filed a new lawsuit against Coinbase on Tuesday, just 24 hours after filing one against Binance. The entire business model of the cryptocurrency sector, according to SEC Chairman Gary Gensler, is “built on …

Investors liquidated about $60 million of BTC short positions over the past 24 hours, pushing the price higher Wednesday, data shows. Ether also climbed. Bitcoin price chart showed the cryptocurrency’s price jump on Wednesday. Bitcoin bolted past $24,000 for the first time in two weeks after surging more than 8% …