Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
The agency lowered Coinbase’s credit rating from BB to BB-, a further step away from investment grade.
Read MoreFirst Mover Americas: CME BTC Futures Signal Worst of FTX-Induced Panic May Be Over
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
Read MoreFive UK Associations Form Crypto Alliance to Steer Digital Asset Regulation
The U.K. Forum for Digital Currencies, which includes governing body City of London Corporation, also aims to further the countries crypto hub ambitions.
Read MoreBinance Wins Seventh Approval in Europe, Registers With Swedish Regulator
Bnance has registered with Sweden’s Financial Supervisory Authority, making the Nordic country the seventh European jurisdiction in which the crypto exchange has been granted approval.
Read MoreCoinbase Rally May be a Selling Opportunity, Says Bank of America
Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high.
Read MoreFTX Has Recovered ‘Over $5B’ in Assets, Bankruptcy Attorney Says
Crypto exchange FTX has recovered more than $5 billion in different assets, not including another $425 million in crypto held by the Securities Commission of the Bahamas, a bankruptcy attorney
Read More90% of WazirX’s User Assets are in Binance Wallets, According to Proof Of Reserves Report
Indian exchange WazirX in its proof of reserves report revealed that 90% of its user assets are held in Binance wallets.
Read MoreARK Makes Coinbase Buy as COIN Jumps 20% On-Week
Cathie Wood has added another 33,756 shares of Coinbase to ARK’s ARKK ETF, according to an investor update.
Read MoreBlockFi Creditors Battle to Keep Their Details Secret
The legal tussle mirrors those already held for collapsed crypto lender Celsius and the FTX exchange.
Read MoreSolana-Based Bonk Inu NFTs Surge Tenfold After Mint, But Listing Attracts Criticism
A certain feature on Magic Eden led to distraught among engaged community members.
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