As monitored by Ai Aunt, 9 hours ago, an address starting with 0xb26 deposited 20,172 METIS to Coinbase, worth 1.68 million US dollars; METIS has fallen 3.8% from the transfer time and is now priced at $81.07.

On January 6th, according to Lookonchain monitoring, the Paradigm address deposited 6,500 ETH (approximately $14.67 million) into Coinbase two hours ago.

On January 6th, according to CNBC, Coinbase announced that it is acquiring a holding company with a MiFID II license and has reached an agreement. The transaction is still pending regulatory approval and is expected to be completed later in 2024.

Coinbase is requiring its UK users to inform the exchange of what type of investor they are and fill out a form confirming their understanding of the high-risk nature of cryptocurrency investments, in order to comply with guidance from the UK financial regulatory body. An email notification states that the FCA considers crypto assets to be high-risk investments. Suitability assessments are crucial in helping Coinbase ensure that users are able to make informed investment decisions.

Cathie Wood's ARK Invest sold over $25 million worth of Coinbase (COIN) stock from its two exchange-traded funds (ETFs) on Wednesday. The investment firm sold a total of 166,183 COIN shares from its Innovation ETF (ARKK) and Next Generation Internet ETF (ARKW), valued at $25.3 million based on the closing price of the cryptocurrency exchange.

Stocks related to cryptocurrency fell before the market opened. Coinbase, a cryptocurrency exchange, fell more than 6%, Marathon Digital and CleanSpark fell more than 10%, Riot Platforms fell nearly 9%, and Cipher Mining and MicroStrategy fell more than 6%. The stock prices of cryptocurrency-related stocks skyrocketed in 2023, with Marathon Digital rising nearly 600% and Riot Platforms rising more than 300%.

According to The Block, the stock prices of Coinbase and MicroStrategy rose by about 6% and 9%, respectively, in pre-market trading today. Coinbase's stock price rose 6.4% to $184.99, while MicroStrategy's stock price rose 9.3% to $690.30.In addition, Coinbase has been designated as the custodian service provider for several spot Bitcoin ETF applicants, while MicroStrategy increased its Bitcoin holdings by 14,620 BTC between November 30 and December 26, bringing its total Bitcoin holdings to 189,150, currently valued at approximately $8.7 billion.

According to Whale Alert monitoring, 20,020 ETH (approximately $46,018,564) was transferred from an unknown wallet to Coinbase.

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According to data from Ark Invest Daily, Cathie Wood's ARK Invest sold 3,734 shares of Coinbase stock worth about $640,000 on December 29.