Coinbase Global shares rose 10% following JPMorgan’s upgrade to neutral after Bitcoin held onto ETF-induced gains. Analyst Kenneth Worthington cites the launch of Bitcoin ETFs and the bullish prices of Bitcoin and Ethereum as beneficial for Coinbase. Despite the downgrade, Worthington is optimistic about the value; The third quarter of 2024 increased revenue by 14.2%, […]
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Tom Emmer, a United States congressman, sought specific explanations on claims related to the alleged use of cryptocurrencies to finance terrorism reports during a House Financial Services Committee hearing on Wednesday. On February 14, Congressman Tom Emmer (MN-06) questioned U.S. Department of Treasury Undersecretary for Terrorism and Financial Intelligence (TFI) Brian Nelson during a House […]
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BlackRock, with a 576-1 ETF approval record, is waiting for the SEC to approve an Ethereum ETF, following its success with Bitcoin ETFs. The crypto community is optimistic about the approval of the Ethereum ETF on May 23, spurred by BlackRock’s application and regulatory developments. SEC Chairman Gary Gensler expresses caution but does not rule […]
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As Bitcoin traded higher, Coinbase shares gained as much as 7.8% following the update. Bitcoin’s recent rally, which pushed its price to the $52,000 level, has positively impacted shares of US-based cryptocurrency exchange Coinbase (COIN). After experiencing a notable drop to $115 in early February, Coinbase shares rose to $172 on Thursday, following a significant […]
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Japan aims to curb fraud by regulating peer-to-peer cryptocurrency transactions. Japanese regulators advise banks on stricter cryptocurrency transfer protocols. The new guidelines could significantly affect Japan’s 19.25 million cryptocurrency users. Japan is taking bold steps to mitigate the risks associated with crypto assets. With the rising tide of specialized fraud and illegal money transfers through […]
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