Category: Coinbase Inc

$3 Billion of New Bitcoin Funds Change Hands in First Trading Day

The products, known as exchange-traded funds, were approved by federal regulators this week, a watershed moment for the crypto industry.
The Big Bitcoin Tease

A bogus social media post declaring that the S.E.C. had approved an E.T.F. tied to the cryptocurrency caused prices to whipsaw. A real decision could come as soon as Wednesday.
The Power Vacuum at the Top of the Crypto Industry

A year ago, Sam Bankman-Fried and Changpeng Zhao ran two of the largest crypto companies. As they grapple with legal woes, others are jockeying to lead the industry’s next chapter.
Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access

FTX’s demise and its leader’s upcoming trial haven’t stopped a major lobbying push by the industry this week, but the events have changed its tone.
Investors Expect a Fed Pause, Not an End to Rate Increases

A breather in the central bank’s anti-inflation policy is expected, but with still-rising inflation has investors bracing for another raise later this year.
What Do Binance.US’s New Rules on Trading Dollars Mean for Customers?

The company said that it would no longer allow trades with U.S. dollars on its platform. Customers were urged to withdraw funds by Tuesday.
Donald Trump’s Latest Indictment May Reshape the 2024 Race

The former president, who faces seven criminal charges for mishandling classified documents, is expected to surrender to authorities next week.
PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions

An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.
Crypto Crackdown: Coinbase and Binance Lawsuits Shake Markets

The S.E.C.’s actions indicate a push to require crypto businesses offering securities to follow the same rules as traditional stock and bond exchanges.
Crypto Firms Start Looking Abroad as U.S. Cracks Down

As the country becomes one of the world’s strictest crypto regulators, companies are exploring plans to expand internationally and possibly leave entirely.
Apple Bets the Vision Pro Can Take the Metaverse Mainstream

The iPhone maker is making a bold bet that it can redefine the niche category of virtual reality with its $3,500 goggles.
Markets Climb as Silicon Valley Bank Finally Finds a Buyer

First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.