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Showing posts with the label cryptocurrency exchange

Little-Known Altcoin Rallies As Crypto Exchange Coinbase Announces Trading Support

A small cap payments altcoin is rallying after receiving support from Coinbase, the top US-based crypto exchange. Coinbase says it is enabling trading of the crypto asset Keeta (KTA). Keeta is a layer-1 blockchain project that aims to unify payment networks by enabling secure cross-chain transactions for real-world assets (RWAs). Last month, Coinbase added Keeta to its listing roadmap, indicating the potential to list the coin for trading in the future. Coinbase established the listing roadmap in 2022 to increase transparency, and reduce the risks of front-running and insider trading. Keeta surged following the announcement that spot trading will begin on the platform on Wednesday. The cryptocurrency rallied from an October low of $0.26 to $0.57, a gain of more than 119%. Keeta, built on the Base blockchain, has since retraced slightly and is trading for $0.45 at time of writing, up 13% over the past 24 hours. With a market cap of $201.9 million, KTA is the 31...

Coinbase Unveils 24/7 Bitcoin & Ethereum Futures Trading in the US

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The most prominent cryptocurrency exchange in the country is set to continue increasing its offering as Coinbase has announced the impending launch of 24/7 Bitcoin and Ethereum perpetual styles futures trading in the United States. Indeed, the platform announced the move in a press release highlighting the “uninterrupted access to manage risk and seize opportunities—just like crypto.” The announcement comes after Coinbase CEO Brian Armstrong announced the company would add 1,000 US workers in the near future. Amid the ongoing pro-crypto shift taking place in the United States, the exchange is situating itself to be an industry leader in the country. Source – New York Times Also Read: Coinbase, Aston Martin Announce Partnership Paid in Stablecoins Coinbase Announces 24/7 Perpetual Style Futures in the United States 2025 has been revolutionary for crypto policy in the United States. The US Security and Exchange Commission (SEC) announced it was dropping its lawsuit again...

Coinbase Officially Lists PEPE

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In what is another major move for the meme coin, Coinbase has officially listed the PEPE meme coin. Indeed, the cryptocurrency exchange has become the second platform to do so, following Robinhood’s listing announcement earlier today. The decisions have continued to propel the frog-theme meme coin’s price. The listings continue to solidify a bullish outlook for the cryptocurrency. In a post to X (formerly Twitter), Coinbase’s Chief Legal Officer Paul Grewal announced that the meme coin will be added to the platform’s “Listing roadmap with the goal of listing later today.” https://twitter.com/WatcherGuru/status/1856745323974332609 Also Read: Coinbase to Delist Non-Compliant Stablecoins By The End of 2024 Coinbase Follows Robinhood, Announces Listing of PEPE Meme Coin Since its arrival in 2023, there are few meme coins that have enjoyed a meteoric rise on par with Pepe. Indeed, the token has skyrocketed to become the third-largest meme coin by market ca...

Sam Bankman-Fried requests weekday freedom for legal defense work

Lawyers of SBF stated that their client faced difficulties in thoroughly reviewing the extensive document accumulation related to the case while confined to the detention center. Seven days following the Department of Justice's bail revocation for disgraced FTX founder Sam Bankman-Fried, he is now seeking permission to spend five weekdays outside to collaborate with his legal team on his defense case. According to a letter sent to US District Judge Lewis Kaplan on Friday, as reported by Bloomberg, legal representatives of SBF stated that their client faced difficulties in thoroughly reviewing the extensive document accumulation related to the case while confined to the Metropolitan Detention Center in Brooklyn. In correspondence, Christian Everdell, the attorney for SBF, conveyed the following statement: “Just last week the government produced three-quarters of a million pages of Slack communications, which were supposed to be produced months ago, that Mr. Bankman-Fried will ha...

Navigating the complex world of crypto trading from a single interface

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In the fragmented and fast-paced world of crypto, there is one stand-out, comprehensive solution that makes managing portfolios easy for both new and experienced traders. Managing a portfolio consisting of traditional assets can be done through a wide range of tools. When it comes to cryptocurrencies, traders do not have access to the same level of infrastructure, which makes crypto portfolio management a more tedious process for beginners. To begin with, the crypto market is highly fragmented at all levels. There are dozens of crypto exchanges to choose from, while digital currencies reside on different blockchain networks, each with its own nuances. For novice crypto traders, fragmentation hinders the smooth onboarding process. Experienced traders are also affected too, as they cannot enjoy a seamless trading experience. Registering with each crypto exchange to take advantage of its benefits and incentives means having multiple different crypto addresses, which often makes real-time...

$28,000 Bitcoin is in the cards, but it won’t happen without a struggle

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Professional Bitcoin traders displayed strength after the BTC price corrected to $25,830, favoring further bullish momentum. Bitcoin’s (BTC) price declined for 8 consecutive days until May 13, totaling a 9.4% correction. The last time such a losing streak happen ed was on June 14, 2022, after the Celsius lending platform halted withdrawals and FUD emerged from U.S. software firm MicroStrategy’s loan being liquidated at $21,000. Nothing remotely similar happen ed as Bitcoin retested the $25,800 support on May 12, apart from the network congestion and increased transaction fees. Traders and analysts speculated that a coordinated attack was aimed at causing network instability. Bitcoin is under DoS attack. High transaction fees are the chosen pain point by the attacker, probably to makes bitcoin unusable for smaller players. pic.twitter.com/0J56liNSGf — iris.to/jogi (@proofofjogi) May 7, 2023 As pointed out by investor and Bitcoin activist proofofjogi, high fees likely make the ne...

Binance launches anti-scam campaign after Hong Kong pilot run

The new campaign features a withdrawal warning message that attempts to prevent users from sending their crypto to scammers. Binance, in cooperation with law enforcement agencies, is launching a campaign to prevent scams by issuing targeted alerts to potential victims, according to a March 3 blog post from the company. The project, called the “joint anti-scam campaign” was rolled out first in Hong Kong, and the company now intends to expand it into other jurisdictions. Keeping our ecosystem and the # Binance community safe is at the core of what we do. Which is why we partnered with law enforcement agencies across the globe to launch the Joint Anti-Scam Campaign. Read on to see what it's all about ️ https://t.co/q9LOtuZm2F — Binance (@binance) March 3, 2023 According to the company’s post, it collaborated with the Hong Police Force’s Cyber Security and Technology Crime Bureau (CSTCB) to build an “alert and crime prevention message” targeted at Hong Kong residents. As part ...