Coinbase Stock Faces Volatility From Lawsuit and Bitcoin Drop
Coinbase’s stock may see price swings due to its ongoing lawsuit with the SEC and an anticipated Bitcoin decline, per an Oppenheimer analyst.
Coinbase’s stock may see price swings due to its ongoing lawsuit with the SEC and an anticipated Bitcoin decline, per an Oppenheimer analyst.
Avalanche has declined amidst falling crypto prices, but investors await its rebound, while new AI crypto InQubeta gains steam as an emerging Render competitor.
Amidst Bitcoin’s decline, investors are moving capital into Solana for its scalable blockchain and Retik Finance for its novel DeFi ecosystem.
Ethereum devs set tentative February testnet upgrade dates, marking key steps towards March’s long-awaited dank sharding launch aiming to supercharge network speed and slash costs.
Altcoins saw double-digit gains, with tokens like 1000SATS and Conflux up 21% and 15% respectively, as Bitcoin held over $41k despite Grayscale GBTC fund outflows.
Binance founder CZ’s request to travel to the UAE was denied by a federal judge despite his offer to pledge $4.5B in Binance equity, highlighting legal challenges faced by crypto figures.
Solana’s weekly NFT sales volume exceeded $62 million, surpassing Bitcoin’s volume and showcasing Solana’s momentum in the NFT space as it competes with Ethereum.
The U.S. District Court of Maryland has announced plans to liquidate over $131 million worth of Bitcoin seized during the takedown of the infamous online black market Silk Road.
Solana has introduced “token extensions” that add advanced features comparable to Ethereum’s ERC-20 tokens, catering to builders across payments, stablecoins, real-world assets, and more while simplifying compliance.
Swiss cryptocurrency bank Sygnum has raised $41 million in new funding to support expansion into additional European and Asian markets and pursue acquisition opportunities, demonstrating enduring investor interest in regulated crypto financial services despite the 2022 downturn.