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Ethereum Hits $4,885 Amid Whale Swap And Liquidations
Analysis

Ethereum Hit $4,885 Amid Whale Swap And Liquidations

Powell’s dovish remarks sparked $388M in Ethereum liquidations. A $642M Bitcoin-to-Ethereum whale trade suggests shifting institutional demand. A seven-year-old Bitcoin wallet has surfaced, bringing volatility to the crypto market after a significant asset transfer. The wallet sold 100,784 BTC, valued at $642 million, and redirected the funds into Ethereum (ETH). Whale’s $850 Million Bet Signals

Bradley Nelson3 min read

Coinbase’s New Stablecoin Payments Platform to Enable Faster, Cheaper Transactions
News

Coinbase’s New Stablecoin Payments Platform To Enable Faster, Cheaper Transactions

Coinbase introduces a stablecoin payments service and USDC derivatives. It seeks to reduce fees, grow adoption, and transform the world of e-business. Coinbase Global Inc. has developed Coinbase Payments, which is a leading-edge platform aimed to become a standard in incorporating stablecoin payments into the $6 trillion electronic commerce sector. This project makes the stablecoins,

Bradley Nelson3 min read

Stablecoin Regulatory Proposal Gains Fresh Cross-Party Support Among Senators
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Stablecoin Regulatory Proposal Gains Fresh Cross-Party Support Among Senators

Crypto regulation advances as GENIUS Act gets fresh support and Wyoming nears stablecoin launch. Industry study projects 1,500% growth potential for stablecoins by 2030. Lawmakers across all parties are making efforts to restore the GENIUS Act, a stablecoin bill supported by the leading crypto market players. Last week, the legislators paused discussions on the bill

Bradley Nelson3 min read

Tether CEO Accuses Rival Stablecoins Issuers of Hindering USDT’s Growth
News

Tether CEO Accuses Rival Stablecoin Issuers of Hindering USDT’s Growth

Tether remains the most popular stablecoin for remittances and banking access in growing regions. Paolo Ardoino, the CEO of Tether, has accused competitor stablecoin issuers of restricting USDT’s expansion through regulatory pressure. He criticized rivals for using legal means to prevent Tether from accessing US Treasury securities. The debate started when US lawmakers suggested new

Bradley Nelson3 min read

OKX Crypto Exchange to Pay $504M In Settlement After Pleading Guilty to Law Violations
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OKX Crypto Exchange to Pay $504M In Settlement After Pleading Guilty to Law Violations

The crypto exchange made it simpler for criminals to transfer money covertly by disregarding anti-money laundering regulations. OKX Crypto Exchange Disregarded America’s Regulations OKX, one of the biggest cryptocurrency platforms in the world, has acknowledged violating US regulations regarding financial crimes. The crypto exchange pleaded guilty to operating without the required license and disr

Bradley Nelson3 min read

Coinbase Q4 Earnings Beat Estimates by 23%, Revenue Soars 88% Quarter-over-Quarter
Analysis

Coinbase Q4 Earnings Beat Estimates by 23%, Revenue Soars 88% Q-over-Q

Coinbase exchange’s Q4 report showed earnings 23% higher than predicted. Its CEO said the company is making a 10-year growth plan. Coinbase’s (COIN) Q4 2024 earnings announcement greatly exceeded investor expectations. In Q4, the cryptocurrency company reported revenue of $2.3 billion, 23% more than anticipated. Coinbase’s trade volume also reached $439 billion, an 185% increase

Bradley Nelson3 min read