SEC rejects Coinbase’s petition to regulate crypto assets as “unfair†| CoinDesk JAPAN
Since 2022, Coinbase has been waiting for a response from the U.S. Securities and Exchange Commission to a formal petition seeking regulations created for crypto assets, and had been trying to force an answer through the courts, but the latest…
Bitcoin’s New All-Time Highs Could Come Sooner Than Expected, Says Popular Crypto Analyst: ‘I Wouldn’t Be Shocked’
The illustrious pseudonymous crypto trader named Kaleo on X (formerly Twitter) expects Bitcoin (CRYPTO: BTC) to scale new heights sooner than forecasted. What Happened: Earlier this week, Kaleo, who has more than 611,000 followers on Elon Musk’s social media platform,…
“Involved in recent court ruling†SEC Chairman Gensler comments on Bitcoin ETF listing application
“Involved in recent court decisions†U.S. SEC Chairman Gensler said on CNBC on Thursday that the SEC is conducting a “new review†of its application to list a physical Bitcoin ETF in light of recent court decisions. The outcome of…
JP Morgan maintains cautious view on crypto asset market in 2024 | CoinDesk JAPAN
Wall Street financial giant JPMorgan has expressed a cautious view on the cryptocurrency market in 2024, but an upgrade to increase the scalability of the Ethereum blockchain will make Ethereum (ETH) a bit more We believe that it will surpass…
Proposing changes to stablecoin risk standards: Basel Committee on Banking Supervision | CoinDesk JAPAN
In a consultation document released on December 14th, the Basel Committee on Banking Supervision (BCBS) stated that stablecoins are cheaper than unbacked crypto assets (virtual currencies) such as Bitcoin (BTC). We proposed revising the standards that would allow it to…
US SEC brings forward postponement of decision on Invesco’s Bitcoin ETF listing application
Postponed to February next year On the 13th, the US SEC postponed its decision on Invesco’s application to list the virtual currency spot Bitcoin ETF. The original deadline was January 15th, but due to the postponement, the final decision will…
U.S. Ark sells Coinbase shares for 3 consecutive days – this time worth about $11.5 million | CoinDesk JAPAN
Cathie Wood’s investment firm ARK Invest sold Coinbase stock for the third day in a row as the stock remained solidly within 5% of its year-to-date high. Ark has acquired a total of 82,255 shares from the Innovation ETF (ARKK),…
Hacked HTX and Poloniex assets are “100% safeâ€: Justin Sun | CoinDesk JAPAN
Cryptocurrency industry mogul Justin Sun lost more than $200 million (approximately 29 billion yen, equivalent to 145 yen to the dollar) from two cryptocurrency exchanges last month due to hacking. Despite this, he said assets held in HTX and Poloniex…
FOMC turns dovish; US stocks and Bitcoin rise across the board due to prediction of multiple interest rate cuts next year | 14th Financial Tankan
12/14 (Thursday) morning market trends (compared to the previous day) traditional finance NY Dow: 37,090 +1.4% Nasdaq: 14,733 +1.4% Nikkei average: 32,926 +0.2% USD/JPY: 142.8 -1.7% Gold futures: 2,042 +2.5% NVIDIA: $480.8 +0.9% Tesla: $239.2 +1% Today’s US stock indexes…
Coinbase to start virtual currency spot trading for institutional investors on offshore exchange
Focus on overseas expansion Coinbase, a major US cryptocurrency exchange, announced on the 13th that it will also offer spot trading on its international version of the exchange, Coinbase International Exchange. It was originally launched as an exchange focused on…