Coinbase has posted four consecutive quarterly losses since going public in April 2021. The collapses of multiple high-profile crypto-based companies, leading to regulatory pressure, were claimed to be at the heart of Coinbase’s poor performance. Coinbase performed better than expected in Q4 and improved upon its Q3 posting. The ongoing crypto winter has seen the […]

The United States Securities and Exchange Commission’s (SEC) Commissioner Hester Peirce urged the financial regulator to defer to the US Congress in its stablecoin regulation drive. In a Feb. 22 tweet, Pierce pointed out that Congress was “actively considering the issue,” adding that the SEC and other financial regulators could hold public roundtables pending results […]

Definition This chart overlays the aggregate spent volume of both the Old (> 6m) and Young coin (< 6m) supply as well the Old / Young Spent Volume Ratio (%). Younger coins historically represent the vast majority of day-to-day transaction volume. Older coins historically represent a minority of day-to-day transaction volume, and thus changes in […]

On Wednesday, the governance token of Lido DAO, LDO, saw an increase of 15% following the submission of a proposal by its financial unit regarding […]

The post Ripple’s David Schwartz Raises Red Flag, Hints At Possible Shutdown In The US appeared first on Coinpedia Fintech News Ripple’s CTO, David Schwartz, recently made a statement suggesting that Ripple is contemplating shutting down its operations in the United States due to the ongoing legal battle with the SEC. This has caused concern […]

Elon Musk’s tweet sent Dogecoin rising by 6.6 percent, and Shiba Inu by 2.5 percent.  According to the Blockchain Research Lab study on the effect of Elon Musk’s moves on crypto, there was a price range of about 3 percent on average on each of the 47 events after a tweet by Musk. Twitter CEO […]

USD Coin issuer Circle wants to boost its workforce by 15–25% in 2023 despite a sea of layoffs throughout the sector, said The Wall Street Journal. Although the majority of companies in the business are laying off employees to save costs, Circle has gone against the grain and hired more individuals. 41% of all layoffs […]