The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors
The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.
Bitcoin Rally May Slow as Order-Book Imbalance Hints at Profit Taking
The gap between liquidity on the ask and bid sides of the order book within 2% of the market price has widened to nearly five times is usual value, according to data tracked by Kaiko.
Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.
Mt. Gox: What We Still Don’t Know 10 Years After the Collapse
To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten years later.
Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb
Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.
Coinbase Upgraded to Neutral Ahead of Earnings at JPMorgan as Shares Surge
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S.
OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached ‘Recovery’
OPNX’s volume peaked at just over $600,000, according to CoinGecko data.
Former UK Chancellor George Osborne Joins Coinbase as Adviser
Osborne becomes the second former U.K. chancellor to join a crypto firm following his immediate successor, Philip Hammond.
Binance Reviews Its Majority Stake in South Korean Crypto Exchange GOPAX
The world’s largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.
Bitpanda Crypto Exchange to Withdraw From Netherlands
The company said it is committed to complying with the regulatory landscape.
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government.
Privacy Tokens DASH, ZCH, XMR Take Hit as OKX Says It Will Suspend Trading
More than 20 trading pairs will be delisted next week as they no longer meet the crypto exchange’s listing criteria.
Binance User Base Grew 30% This Year, Expanding Even After U.S. Legal Settlements
The largest cryptocurrency trading venue added 40 million accounts to 170 million.
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
Coinbase Launches Spot Trading of Bitcoin and Ether Outside the U.S.
Crypto exchange Coinbase will soon be offering the option to spot trade cryptocurrencies outside of the U.S. as part of its global expansion efforts, the company announced in a blog post Wednesday.
New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto
In his first public interview since getting the job last month after founder Changpeng “CZ” Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.
‘Mysterious’ Address That Added 10K Bitcoin Is Just a New BitMEX Wallet
BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.
Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan
The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.
Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein
The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said.