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Ripple’s Circle acquisition negotiations have taken an unexpected turn, and right now the payment giant is reportedly doubling its bid to $11 billion, which is intensifying the competition with Coinbase for control of the USDC stablecoin issuer. This bidding war represents one of the largest potential deals in cryptocurrency history, and both companies are leveraging massive resources to secure Circle’s $61 billion stablecoin infrastructure. The Ripple & Circle acquisition battle has captured the crypto market’s attention as XRP reserves and also Coinbase’s cash position fuel an unprecedented bidding war. Ripple news indicates the company raised its initial $5 billion offer after Circle rejected it, and now they’re proposing up to $11 billion using both cash and XRP holdings at the time of writing. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition Ripple, Coinbase Battle for Circle: What It Means for XRP, USDC Source: Watcher Guru Ripple...

Pi Coin has, at the time of writing, sparked renewed attention in various major crypto markets following hints of a potential Coinbase listing, also driving widespread speculation of a possible 50% price surge. The Pi Coin, which currently operates on the Pi Network blockchain, has faced recent price volatility but may trigger significant growth, according to several key market analysts. Also Read: Solana: $2200 Worth Of SOL in 2020 Becomes $1 Million Pi Coin Price Surge: Coinbase Listing and What It Means for Investors Source: Bitperfect.pe The cryptocurrency community has right now buzzed with excitement after Coinbase’s Chief Legal Officer, Paul Grewal, recently posted a cryptic tweet about Pi Day. Paul Grewal stated: “We take Pi Day at @coinbase very seriously.” We take Pi Day at @coinbase very seriously. pic.twitter.com/qimBsCKJNv — paulgrewal.eth (@iampaulgrewal) March 14, 2025 Pi Coin Price Predictions Pi Coin’s price has recently suppressed, trading aroun...

The Gigachad price skyrocketed 28% in the last 24 hours to trade at $0.05463 as of 2.45 a.m. EST on trading volume that soared 351% to $54.4 million. The token’s price traded sideways up until around 10 a.m. EST yesterday when its price shot up from $0.04146 to $0.06555. The surge was so sharp that it only took the token five minutes to skyrocket to see this price change unfold. The reason behind the sharp move was Coinbase Assets’ announcement that Gigachad (GIGA) and Turbo (TURBO) have been added to the exchange’s roadmap. As the largest US crypto exchange and one of the world’s biggest crypto trading platforms, Coinbase has a massive influence on crypto prices. The announcement that GIGA will be the next token to be listed on Coinbase resulted in a massive outbreak. Assets added to the roadmap today: Gigachad (GIGA) and Turbo (TURBO)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) December 4, 2024 This was still not t...

A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it’s adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk’s pet dog. “Coinbase will add support for FLOKI (FLOKI) on the Ethereum network (ERC-20 token)… Trading will begin on or after 9AM [Pacific time] on 21 November 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our FLOKI-USD trading pair will launch in phases. Support for FLOKI may be restricted in some supported jurisdictions.” News of the addition sent FLOKI flying, as the token went from a price of $0.000234 to a peak of $0.000283 on November 20th. The digital asset has since stabilized and is trading for $0.000256 at time of writing, a 10.3% increase during t...

Leading US crypto exchange Coinbase hopes to list more meme coins on its platform during the pro-crypto presidency of Donald Trump. That’s according to a Bloomberg report that cites Tom Duff Gordon, vice president of international policy, as saying the firm wants to add smaller projects, including meme coins, to its list of tradable assets. This is something Coinbase, along with other US companies, have been unable to do because the Securities and Exchange Commission (SEC) currently sees the majority of crypto tokens as securities. Coinbase To Offer Americans More Services Once The Trump Administration Clarifies Digital Asset Plans According to the Bloomberg report, Coinbase believes it will be able “to do more” with smaller tokens and meme coins once the Trump administration gives more specifics regarding its plans for the digital asset space. In 2023, Coinbase had to reduce its reliance on the US market and diversified into 38 countries. These countries inclu...

A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase. In a new set of announcements, top US-based crypto exchange platform Coinbase says it’s adding DeFi platform Moonwell (WELL) and ZKsync (ZK), an Ethereum scaling solution, to its suite of products. According to Coinbase, customers can now buy, sell, covert, send, receive, or store WELL and ZK starting today. News of the listings sent both WELL and ZK flying, as the duo of assets saw respective gains of 31.22% and 4.21% on the day. WELL is trading for $0.0389 at time of writing while ZK is valued at $0.142. ZKsync launched in 2020 and uses zero-knowledge (ZK) cryptography to increase ETH’s transaction speeds, lower its costs, and maintain its decentralized and secure nature. ZK proofs are a way to validate the truth of a specific statement without revealing data about the statement itself. Moonwell is a crypto ...

The whale acquired 347 Wrapped Bitcoin (WBTC) within just 12 hours on August 19. BitGo plans to transfer control of WBTC to a joint venture involving itself, BiT Global, and the Tron ecosystem. Coinbase has hinted at launching its own wrapped Bitcoin token, dubbed “cbBTC.” An unidentified whale has been rapidly accumulating Wrapped Bitcoin (WBTC), amassing over $118 million worth of WBTC in a short span of time. According to blockchain analytics firm Lookonchain, the unknown wallet has gathered a total of 1,953 WBTC, purchased at an average price of $58,853 per token. The most recent transaction was particularly notable, with the whale acquiring 347 WBTC — valued at approximately $16 million — within just 12 hours on August 19. A whale accumulated 347 $WBTC($16M) again 7 hours ago! Over the past week, this whale has accumulated a total of 1,953 $WBTC($118M) from #Binance at an average price of $58,853.https://t.co/XlRBgyL4Tt pic.tw...

A UK hacker behind a Coinbase login scam that used dummy websites and sob stories to steal more than $900,000 worth of crypto has been jailed for three-and-a-half years.  As reported by the Norwich Evening News, 24-year-old Elliott Gunton was jailed at Norwich Crown Court for his part in a hacking plot that involved mimicking the website of crypto exchange Coinbase to fraudulently obtain user login details. The group would also call various telecom companies and use ‘sob stories’ to divert phone calls and access private account details.   Hong Kong police say alleged scammers swapped 11K fake notes for USDT Read more: UK ‘El Chapo’ faces 120 years in US prison over bitcoin-for-drugs ring The scam took place in 2018 and 2019, but by then Gunton was already a seasoned hacker . When he was just 16, he hacked the UK phone company TalkTalk and sold stolen customer data in exchange for crypto. Also in 2019, he was ordered to pay back £407,359 ($524,000) and received a three-and...

TLDR Coinbase ’s Base Layer 2 network has gone open- source to promote transparency and community contributions. This move simplifies development tasks and fosters collaboration. Optimism (OP), an Ethereum Layer 2 network, is set for a significant token release on October 30, 2023, matching the value of a prior release. NuggetRush (NUGX) is a community-driven blockchain game offering P2E and NFT opportunities. It focuses on building a strong community and real-world value in underserved regions. Coinbase’s Base Layer 2 network recently open-sourced its code repositories to enhance transparency and encourage contributions from the public. Meanwhile, Optimism (OP) is preparing for a substantial token release, generating excitement in the crypto market.  Yet NuggetRush (NUGX) has emerged as a community-driven blockchain game , combining play-to-earn opportunities and NFT innovation. Let’s learn how these developments imp...

Mizuho Financial Group has lowered its revenue estimates for Coinbase. Crypto trader and investor interest remained subdued in Q3. This is expected to have a negative impact on the exchange’s volume. In a recent note to investors, Mizuho analysts, led by Dan Dolev, revealed that they expect Coinbase’s Q3 revenue to be 10% below the current consensus expectations. In fact, they also cut down their COIN revenue estimates by 7% to $609 million. According to them, Coinbase registered around $72 billion in volume in the period between July to September. This figure is significantly lower than their previous estimates of $88 billion. In fact, the average daily volume of Coinbase slipped to about $900 million in July, $790 million in August and $665 million in September, when compared to Q2’s average of $1 billion. With respect to what they expect this time, analysts wrote, “We expect dwindling volumes combined with an expected drought in retail trading to mean...

On July 18, Representative Ritchie Torres sent a letter to Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), requesting the agency to focus on identifying and pursuing the wrongdoers in crypto rather than targeting legitimate businesses. Ritchie Torres criticizes the SEC  United States Democratic Party lawmaker Rep. Ritchie Torres (D-NY 15th District) also applauded Judge Analisa Torres’ ruling on the Ripple vs. SEC case while chastising the watchdog. Judge Analisa Torres of the United States Southern District Court of New York ruled on July 13 that XRP cannot be entirely considered a security. Subsequently, Ripple’s token sale on exchanges didn’t constitute a securities contract or offer.  Read more: Valkyrie’s spot Bitcoin ETF proposal is now on SEC’s Nasdaq rulemaking list In a letter dated July 18, addressed to the Honorable Gary Gensler, Rep. Torres inquired whether the agency has “come to terms with t...

Canadian lawmakers have shown their support for blockchain technology and crypto currencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons. The report, consisting of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. Coinbase has praised the proposals and recognizes Canada as an important market for its international expansion. Big news from Canada. Canadian lawmakers have published a comprehensive report supporting blockchain technology. Learn more: https://t.co/Jx8f5asbvi — Coinbase ️ (@coinbase) June 28, 2023 One of the key recommendations in the report is for the Canadian government to acknowledge blockchain as a rapidly developing sector with long-term economic and job growth potential. By embracing blockchain technology, Canada can position itself as a market leader, attract investments, and foster innovation to boost its economy...

Also Read: Binance Top Exec Taking Exit In Europe; The FUD Is Real? advertisement SEC To Drop Clarity On Crypto Rules? As per the court’s order, a further report needed to submit by the U.S SEC in the next 120 days or on October 11, 2023. This comes after the commission denied to reply to the Coinbase ’s filed request and asked the court to provide them with additional time. Paul Grewal, Chief Legal Officer at Coinbase stated that a report on basic crypto rules is due in the next 120 days by the US SEC. He stated that they are grateful that the court will keep on shining a light on an SEC process that is till now being operated in darkness. He added that the recent order by the Circuit deserves praise for upholding the basic idea that the SEC is accountable under the law, too. Read Coinbase News Here… Recommended Articles Crypto Presale Pr...

Sources familiar with the development told Reuters that at least 50 people have been laid off from Binance.US since the lawsuit filing. The sources further added that employees from Binance’s legal, compliance, and risks departments have been dismissed from their jobs. The sources have requested anonymity as the matter is private. advertisement Earlier this month on June 5, the SEC slapped a lawsuit on Binance and its CEO Changpeng Zhao for creating a “web of deception” to evade securities laws. However, Binance has pledged to defend itself “vigorously” in the matter. The SEC had also requested the court to freeze the funds of Binance.US citing the possibility of dissipation of funds. But earlier this week, the judge rejected the proposal adding that it’s in the interest of both parties to reach a mutual settlement. Coinbase Loses Market Share to Robinhood In another development, it turns out that a herd of retail crypto...