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Coinbase: SEC's lawsuit against Cumberland has not affected the exchange's bitcoin liquidity

Coinbase said on Tuesday that its trading conditions remained stable and played down reports of a significant drop in bitcoin order liquidity during the Securities Exchange Commission's (SEC) lawsuit against market maker Cumberland. A Coinbase spokesperson said: "In October, we did not see a significant change or decline in BTC-USD depth around 2%." Previously, Kaiko said in a report released on Monday that the 2% BTC depth on Coinbase began to decline from 18:00 UTC on October 10, falling by 46...

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2024-10-17 17:36:18