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Crypto exchange Coinbase reported a net income of $1.29 billion in the fourth quarter, while its $2.2 billion net revenue comfortably beat industry estimates. Crypto exchange Coinbase reported a net income of $1.29 billion in the fourth quarter, while its $2.2 billion net revenue comfortably beat industry estimates. Coinbase posted its strongest quarter of earnings in over a year in...
A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed. January U.S. CPI report is due Wednesday. (geralt/Pixabay) What to know: The January U.S. CPI report is expected to show limited progress on inflation. A soft print could draw bids for riskier assets, but the...
Major financial institutions are raising their gold price forecasts due to growing trade war fears and central bank accumulations. What to know: Major financial institutions like Citi and UBS have raised their gold price forecasts due to trade war fears and central bank accumulation. Gold-backed cryptocurrencies, such as PAXG and XAUT, have been outperforming digital assets with the rising...
The son of the U.S. president made a surprise appearance at the Ondo Summit in New York City on Thursday. Donald Trump Jr. speaks the Ondo Summit in New York City. (CoinDesk/Krisztian Sandor) What to know: Donald Trump Jr. said that crypto is the "future of American hegemony." The son of President Donald Trump made a surprise appearance at the...
David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference. U.S. crypto czar David Sacks and key members of Congress outlined crypto plans at a press conference. (Jesse Hamilton/CoinDesk) What to know: David Sacks, who is President Donald Trump's crypto and AI czar, led a press conference on...
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say. What to know: Donald Trump's imposition of tariffs on Canada, Mexico, and China has led to a significant drop in crypto value. However, there's a perspective that this might be a 'buy-the-dip' opportunity. Crypto futures...
Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31 Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets. Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until...
BTC trades at a slight discount on Coinbase relative to Binance, data from CryptoQuant show. President-elect Trump may announce crypto as national policy priority. (BarBus/Pixabay) Read More What to know: Trump may announce crypto as a policy priority, Bloomberg reported late Thursday. BTC's Coinbase premium remains muted, signaling lack of excitement among U.S. investors. The premium soared during...
The US Securities and Exchange Commission alleges Musk violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022. COINTELEGRAPH IN YOUR SOCIAL FEED Update (Jan. 15, 1:40 am UTC): This article has been updated to add more information from the SEC’s filing and a response from Elon Musk’s lawyer. The...
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