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@alexanderbitcoin

929 Following
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@alexanderbitcoin
Starting March 1, Arkham Exchange will offer spot trading services to users in 17 US states, aiming to challenge the market dominance held by Crypto.com and Coinbase, who account for 85% of USD-backed exchange transactions.
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Bloomberg reports that the US SEC has agreed to withdraw its lawsuit against Coinbase, which has incurred $50 million in legal fees. Coinbase's Chief Legal Officer Paul Grewal confirmed that the SEC cannot refile the case.
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Vitalik Buterin remains optimistic about Argentina and Latin America's contributions to Ethereum, emphasizing the importance of education despite recent news. He commends Argentina's community of builders who have significantly contributed to the platform.
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Coinbase CEO Armstrong Calls for Encouraging Value Creation Amid Meme Token Surge
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John Reed Stark, a former SEC official, suggests that the SEC might conclude lawsuits against companies like Coinbase. This follows a request for an extension to respond to Coinbase's appeal, as the new cryptocurrency task force reviews the issues.
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Monad has announced that its EVM-compatible Layer 1 testnet is scheduled for launch on February 19, 2025, as per ChainCatcher reports.
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According to HODL15Capital, as of February 16, 2025, Coinbase holds the largest amount of Bitcoin at 771,130, with IBIT and Binance following at 587,050 and 566,631 respectively.
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The onset of the next altcoin season is closely tied to the performance dynamics between Ethereum (ETH) and Bitcoin (BTC). Market analysts suggest investors should monitor the ETH/BTC ratio to gauge potential altcoin rallies.
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Coinbase's revenue in the 4th quarter was $2.27 billion, exceeding the forecast of $1.84 billion (+138% year-on-year). The trading volume in the fourth quarter amounted to $439 billion, which is 185% more than a year earlier.
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SEC's Crypto Task Force Seeks Extension in Coinbase Appeal Response ChainCatcher The U.S. SEC has asked to extend the deadline for responding to Coinbase's appeal from February 14 to March 14. The dispute with Coinbase focuses on whether digital assets should be classified as securities or represent a new type of financial instrument.
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Warpcast Introduces Token Symbol and CA Jump Feature
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Coinbase Announces Support for Popcat and Pudgy Penguins on Solana Network Coinbase will list Popcat (POPCAT) and Pudgy Penguins (PENGU) on the Solana network as SPL tokens, reminding users to avoid transferring these over non-Solana networks to prevent fund loss.
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Ethereum Co-Founder Vitalik Buterin Makes Controversial Tweet Referencing Communism
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Coin Metrics reports Coinbase is anticipated to achieve 109% Year-on-Year revenue growth in Q4, boosted by increased trading activity following the November US elections.
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According to official reports, Base Chain's gaming ecosystem B3 has revealed its tokenomics model. Out of the total 100 billion tokens, 34.2% is reserved for community and ecosystem, with team and investors' tokens locked for four years.
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Coinbase Chief Policy Officer Shirzad outlined the exchange's approach to meme coin listings, emphasizing rigorous standards without considering token backstories. He stressed on network security, potential fraud, and securities assessment as part of the objective review process.
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Extension platform B3.fun on Base announced users can now check their airdrop eligibility. Those with XP and BP can see if they qualify for a future $B3 token distribution and claim tokens next week.
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According to ChainCatcher citing The Block, rapper Kanye West has expressed interest in discussing cryptocurrency matters with Coinbase CEO Brian Armstrong. Previously, he disclosed rejecting a $2 million offer to issue a token, ceasing negotiations with the proposer.
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Coinbase has announced the launch of BERA as an 'experimental asset,' with trading commencing once liquidity conditions are met. The BERA-USD trading pair will be introduced in phases when the asset's supply is sufficiently available.
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Coinbase executive Conor Grogan suggests Satoshi Nakamoto may hold 1.096 million BTC, potentially worth $108 billion, surpassing Bill Gates' wealth. Grogan’s analysis links Satoshi's activity to a Canadian exchange acquired by Kraken, considering 2014 as his last online activity.
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