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ARK Invest sold $59 million worth of Coinbase shares and $15 million in GBTC last week

According to TheBlock, Cathie Wood's ARK Invest sold $59 million worth of Coinbase stocks and $15 million worth of GBTC last week.

Coinbase Tried to Rein in a Renegade SEC That's Trying to Rein in a Renegade Industry

The SEC rejected Coinbase's petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.
Coinbase Tried to Rein in a Renegade SEC That's Trying to Rein in a Renegade Industry

A certain whale transferred approximately 57,300 AUCTION from Coinbase in the past 14 hours

According to Scopescan monitoring, a whale has transferred about 57,300 AUCTION (approximately $1.72 million) from Coinbase in the past 14 hours. The address has accumulated 135,000 AUCTION worth about $4.1 million in the past two weeks.

Coinbase CEO: Court has asked SEC to respond to refusal to establish clear rules for crypto industry

Coinbase CEO Brian Armstrong stated on social media that we have filed a lawsuit against the US Securities and Exchange Commission (SEC), questioning their refusal to establish clear rules for the industry, and it worked (the court forced them to respond). Now that they have formally responded (denying), we can challenge their response in court, which will help us move towards regulatory clarity. The question is why does the SEC not want to clarify the regulatory issues surrounding the cryptocurrency industry?

Coinbase International announced that its BTC-USDC and ETH-USDC trading pairs are fully open

On December 14th, according to official sources, Coinbase International announced that its BTC-USD and ETH-USDC trading pairs are now fully open, with limit, market, stop-loss, and stop-loss limit orders all available.

Coinbase Expands Global Reach with Spot Trading Option for Cryptocurrencies Outside U.S.

Coinbase, the crypto exchange, has announced that it will soon offer spot trading of cryptocurrencies outside of the US as part of its global expansion efforts. Institutional customers will be able to trade bitcoin and ether against the USDC stablecoin on the international exchange starting from Thursday, while retail investors will have to wait a few more months. The company's focus at the outset will be to build liquidity and create a robust foundation. Coinbase's international exchange launched in May of this year, initially only as a derivatives exchange.

Coinbase International Station has launched OP, ARB and ETC perpetual futures contracts

On December 13th, according to an official announcement, Coinbase International Exchange and Coinbase Advanced have added perpetual futures contract support for OP, ARB, and ETC. Limit, market, stop-loss, and stop-loss limit orders are now all available.

FTX/Alameda address transferred over $10 million worth of tokens to CEX

According to PeckShield monitoring, the FTX/Alameda-marked address transferred about 5 million BOBA tokens (worth about $8.7 million) to Coinbase Prime, transferred 1.25 million JOE tokens (worth about $1.38 million) to Binance, and withdrew about 4 million QI tokens (worth about $116,000) from Binance.

CoinFlip’s former BD director revealed that Coinbase still has not fixed the on-chain interaction information that led to the early leakage of new currency listings

The former BD director of CoinFlip revealed that Coinbase has still not fixed the on-chain interaction information that caused the premature leak of new coin listings. Despite this, Coinbase announced the listing of BONK as expected by the market. Previously, on-chain analysts leaked that Coinbase was about to list BONK because Coinbase's technicians have been testing on-chain transfers in a specific pattern for the past three years, which led to the premature leak of the listing information.

ARK Invest reduced its COIN stock holdings by approximately US$11.47 million yesterday

Cathie Wood's ARK Invest sold 82,165 shares of Coinbase stock (COIN) on December 12, worth approximately $11.47 million. COIN closed at $139.62 today.