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Crypto-friendly Republicans Jimmy Patronis and Randy Fine have won Florida’s special elections for the 1st and 6th Congressional Districts of the US House. Two Republicans who received a combined $1.5 million from the crypto-backed political action committee (PAC) Fairshake will enter the US House after winning special elections in Florida. Republican Jimmy Patronis won the…
Coinbase experienced its worst quarterly stock performance since the FTX collapse, dropping 33% in Q1 2025 despite strong revenue expectations. Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022. Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter…
Bitcoin holds the steady near $85,000 as the Coinbase Premium returns and positive comments from the Fed and President Trump add to traders’ confidence. Bitcoin (BTC) price rallied to an intraday high of $87,453 in the early hours of the NY trading session but quickly retraced its gains to $83,655 shortly after US President Donald…
Coinbase is Ethereum’s largest node operator, holding 11.42% of staked ETH with validators achieving 99.75% uptime, outperforming network averages. A Coinbase report revealed that the crypto exchange is the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether. In a performance report, Coinbase said it had 3.84 million Ether (ETH),…
Key onchain metrics reveal that Bitcoin’s downtrend may continue with a classic bearish continuation pattern suggesting BTC price could go as low as $63,000. Bitcoin (BTC) tapped $83,700 during the early Asian hours on March 12 after reaching a low of $76,600 on March 11 amid a slight improvement in market sentiment. BTC/USD facing rejection…
At least 30 tech and crypto founders were reportedly “secretly debanked” in the US during Operation Chokepoint 2.0. Some US government agencies continue to deny transparency regarding their role in Operation Chokepoint 2.0, a period during the Biden administration when crypto and tech founders were allegedly denied banking services, according to Coinbase chief legal officer…
After the White House Crypto Summit, Coinbase CEO Brian Armstrong announced the crypto exchange would be going on a hiring spree in the United States. Coinbase CEO Brian Armstrong said that United States President Donald Trump’s strong support for crypto has led the exchange to go on a hiring spree in the US. “Coinbase is…
The US manufacturing PMI has historically been a good indicator for where Bitcoin’s price is headed. US President Donald Trump took investors by surprise last weekend when he directed his digital asset working group to create a cryptocurrency reserve that includes Bitcoin, Ether, Solana, XRP and Solana. After an epic pump, crypto markets reversed course…
Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again. The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was…
Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter…