[ad_1] Really, at this point, Coinbase is just embarrassing itself by not buying Bitcoin and doing silly buybacks. Coinbase just had a bad quarter. After reporting disappointing Q3 earnings, its stock plunged over 10%. To instill confidence, Coinbase announced a $1 billion share buyback. But that flopped, too, with shares barely budging.This whole debacle just shows that Coinbase is foolishly ignoring the obvious strategy here — buying bitcoin.Instead of share buybacks, imagine if Coinbase put $1 billion into bitcoin for its corporate reserves. That would have sent a real message. It would show they have skin in the game and…
Author: dfrancis36
[ad_1] Layer-1 blockchain Kaia (KAIA) is dipping in price after abruptly gaining support from Binance, the world’s largest crypto exchange platform by trading volume. In a new announcement, Binance says it’s added the Ethereum Virtual Machine (EVM)-based digital asset to its suite of products starting on October 31st. “Binance is excited to announce that Kaia will be added to Binance Simple Earn, ‘Buy Crypto,’ Binance Convert, and Binance Margin.” News of the listing has not had an overwhelmingly positive impact on KAIA as the crypto asset saw a sudden decrease in price. KAIA went from a peak of $0.150 on…
[ad_1] The US Securities and Exchange Commission (SEC) has filed a Wells Notice to Immutable over its sales of IMX tokens. The SEC’s contention is related to a 2021 blog post on the pre-launch investment made in the IMX tokens priced at $0.10 or a $10 pre-100:1 split. Immutable has questioned the SEC’s judgment, saying that the price was inaccurate; thus, the charge is “incorrect” since no exchange happened between parties. Immutable (IMX) was one of the popular gaming-focused projects in 2021, a time of the growing popularity of play-to-earn (P2E) blockchain projects. The blockchain project featured an NFT marketplace…
[ad_1] Moo Deng (MOODENG), a new altcoin developed on top of Solana network, has grabbed the attention of digital asset customers with its viral baby hippo sensation.However, despite the meme coin bringing an exciting experience to digital asset usage and trading, questions that linger in crypto enthusiasts’ heads include: Is there a future with Moo Deng? Is it safe to invest in MOODENG today?This article brings you the MOODENG price prediction from 2024 to 2030, exploring market trends and sentiments to help you make informed decisions about your virtual currency investments.What is Moo Deng?Moo Deng is a meme coin project…
[ad_1] Este artículo también está disponible en español. As the United States approaches its presidential election on Tuesday, November 5, 2024, the Bitcoin market is bracing for significant volatility. In the lead-up to the election, Bitcoin surged to a high of $73,620 on Tuesday, likely reflecting investor optimism over a potential victory for former President Donald Trump. However, by Friday, the BTC price experienced a correction, dipping to $68,830 amid a more cautious, risk-off sentiment as the election looms. How To Trade Bitcoin During US Election Alex Krüger, an Argentine economist and renowned crypto analyst, shared his strategic framework on…
[ad_1] The US government has swapped its ANT tokens for more liquid Ethereum ahead of a planned crypto phaseout. The government-controlled crypto wallet that holds nearly $974,000 worth of digital assets has, for the first time in almost 24 months, been activated, according to Arkham Intelligence. This is less than a week before a scheduled token phaseout is to take place on 2nd November. Early last year, AragonDAO resolved to dissolve the organization and exchange ANT for ETH. According to the report by Arkham Intelligence, these ANT tokens are sold in two tranches worth $550,000 and $518,000 in ETH. Source:…
[ad_1] BitMEX founder Arthur Hayes is naming an altcoin he thinks will outperform the rest ahead of the upcoming US presidential election. In a new interview on the Unchained YouTube channel, the crypto veteran says he’s interested in trading Ethereum (ETH) rival and smart contract platform Solana (SOL) because he believes it will jump in price alongside Bitcoin (BTC). “Going into the election, I’ll trade SOL. It’s the high beta Bitcoin, so I want the whippy action, it’s liquid, and I know it’s going to pump when Bitcoin does well — I want to trade SOL. I don’t want to…
[ad_1] Este artículo también está disponible en español. Worldcoin’s recent failure to breach the $2.15 resistance level has put the token under renewed bearish pressure, leaving investors to question if a prolonged downtrend may be unfolding. The $2.15 mark has become a key battleground, with sellers pushing prices lower each time buyers attempt a breakout. As Worldcoin struggles to regain upward momentum, the risk of further declines grows, signaling potential challenges ahead. This article aims to explore the implications of Worldcoin’s recent struggle at the $2.1 resistance level and evaluate whether it could signal an extended downtrend. Through an analysis…
[ad_1] The US Securities and Exchange Commission (SEC) plans to sue Web 3 gaming firm Immutable. According to the company, the regulator issued a Wells Notice to the company, adding it to a growing list of crypto firms targeted in recent years. The Wells Notice, a formal communication used to notify companies of potential regulatory action, reportedly came shortly after Immutable’s first interaction with the SEC.In a statement, Immutable faulted the regulator’s approach, stating that the notice was issued hours after an initial meeting with the regulator. According to the company, the SEC is concerned with the listing and private…
[ad_1] The United States Court of Appeals for the Second Circuit has issued an order in the XRP lawsuit between the Securities and Exchange Commission (SEC) and Ripple Labs, Inc. The court has mandated that the SEC must file its appellate brief by January 15, 2025, setting a firm deadline. Ripple Case Update: New SEC Filing Deadline The court’s order, dated October 31, 2024, states unequivocally: “It is HEREBY ORDERED that Appellant-Cross-Appellee’s brief must be filed on or before January 15, 2025. The appeal is dismissed effective January 15, 2025, if the brief is not filed by that date. A…