Tag: Crypto

Brian Armstrong, the CEO of Coinbase Global Inc. (NASDAQ:COIN), has voiced the necessity for a reevaluation of the company’s token listing process amid a surge in meme coin launches. What Happened: During the company’s fourth-quarter 2024 earnings call, Armstrong highlighted the cryptocurrency industry’s significant transformation, with an estimated 1 million...

Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2 billion. This week’s expiry event is a little smaller than last week’s, which had very little impact on spot markets, which have lacked luster despite the steady stream of...

Former Binance CEO Changpeng Zhao, commonly known as CZ, has embarked on a new chapter following his recent release from prison after serving four months due to an agreement with US authorities.  Known for leading Binance to become the largest cryptocurrency exchange by trading volume, CZ is now reestablishing...

South Korea’s financial regulator is making strides in its approach to cryptocurrency by allowing certain organizations and corporations to open bank accounts for crypto transactions, according to latest report. This move, which comes as part of the Financial Services Commission’s (FSC) broader effort to align with global standards, marks...

XRP (CRYPTO: XRP) emerged as one of the biggest large-cap gainers Thursday following the SEC’s acknowledgment of its exchange-traded fund application by Grayscale Investments.  What happened: The third-largest cryptocurrency by market capitalization was up over 4% in the last 24 hours, while blue-chip currencies like Bitcoin (CRYPTO: BTC) and...

Texas Senator Charles Schwertner has refiled a strategic Bitcoin reserve bill under the new designation “SB 21,” removing the previous annual purchasing cap of $500 million and paving the way for significantly larger state-level investments in Bitcoin (BTC). The refiled legislation also broadens its reach to include other crypto...

The Securities and Exchange Commission will likely face a mid-October deadline to decide whether Grayscale’s XRP and Dogecoin ETFs get off the ground....

Renowned economist Peter Schiff criticized video game retailer GameStop Corp.’s (NYSE:GME) potential move to invest in Bitcoin (CRYPTO: BTC) on Thursday, likening it to a desperate attempt to gain relevance. What Happened: Schiff said the company, which he believed lacked a “viable” business plan, had “thrown another Hail Mary”...

GameStop’s potential crypto pivot highlights the retail sector’s struggle to adapt, possibly reshaping its business model and market perception. The post Wall Street rebel GameStop explores Bitcoin investment amid retail struggles appeared first on Crypto Briefing....

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong underscored the need for comprehensive legislation regarding token classification and stablecoins to drive capital flows into the cryptocurrency market on Thursday. What Happened: During the company’s fourth-quarter 2024 earnings call, Armstrong pinpointed crucial areas that require legislative attention. Firstly, he stressed token classification,...