Coinbase today sent a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors (Fed), and the Federal Deposit Insurance Corporation (FDIC), asking regulators to confirm whether banks are free to provide services to cryptocurrency businesses and clarify the current status of banking services in the crypto industry. In the letter, Coinbase asked the OCC to withdraw an explanatory letter that it believes "effectively sets a new banking activity applicati...
12:00-21:00 Keywords: Arweave, Coinbase, Tariffs, Trump 1. Arweave AO announced that the mainnet will be launched on February 8. 2. Market news: Coinbase has obtained a UK operating license. 3. Trump's imposition of tariffs has led traders to avoid risks, causing the crypto market to plunge in response. 4. Cryptocurrency concept stocks fell across the board before the market, with Coinbase falling more than 7%. 5. CoinShares: Net inflows of $527 million into digital asset investment products las...
According to Onchain Lens monitoring, a whale deposited 11.94 million $SAND to Coinbase, worth $4.60 million, and would lose $3.05 million if sold. The whale accumulated these tokens from July 10, 2022 to November 17, 2024, at a total cost of $7.66 million.
U.S. cryptocurrency concept stocks fell premarket, with Coinbase down more than 7 percent and MicroStrategy and MARA Holdings down more than 6 percent.
According to Dune data, Coinbase's encapsulated bitcoin Coinbase Wrapped BTC (cbBTC) has a circulating supply of 21,335 coins, accounting for 22.5% on the Ethereum chain and 72.7% on the Base chain. The current market value of cbBTC is close to $2 billion ($2,068,712,240).
Paul Grewal, chief legal officer of Coinbase, said in a social media post that Delaware could lose its status as the first choice for US companies to register. He mentioned that he has tried cases, formed friendships with judges and taught local lawyers in Delaware, but the business environment in the state is currently facing challenges. Although Grewal did not specify the reasons for the threat to Delaware's status, market speculation may involve supervision.