Minddoc7
5 시간 전
Article: US Government Shuffles 19,800 Bitcoin, Sending 10,000 BTC to Coinbase December 3, 2024
Written By: Elendu Benedict
" Notably, the US Marshals Service—an agency under the US Department of Justice—announced in July that it has selected Coinbase Prime as a custody provider. Per the disclosure, the leading exchange will provide custody and trading services for the agency’s “Class 1” cryptocurrencies. "
https://thecryptobasic.com/2024/12/03/us-government-shuffles-19800-bitcoin-sending-10000-btc-to-coinbase/
Minddoc7
1 일 전
Coinbase price target raised to $397 from $183 at Goldman Sachs
Goldman Sachs analyst Will Nance raised the firm’s price target on Coinbase (COIN) to $397 from $183 and keeps a Neutral rating on the shares. Since the election, the median payment technology stock in coverage has increased 18%, with higher beta growth names with pro-cyclical exposure, among other factors, outperforming the most, the analyst tells investors in a research note. The firm believes fintech is a net beneficiary of a stronger economy and inflation as well as many of the potential policy changes in the new administration. However, against the backdrop of more elevated valuations and limited visibility to an acceleration in fundamentals, it prefers “to be a bit more selective.
”https://www.tipranks.com/news/the-fly/coinbase-price-target-raised-to-397-from-183-at-goldman-sachs
Minddoc7
2 주 전
Article: Zacks Investment Ideas feature highlights: Oklo, Coinbase Global, Tesla, GEO and Energy Select Sector SPDR ETF November 22, 2024
"2. Coinbase Global
Coinbase, the leading U.S. crypto exchange, has been one of the best performing stocks over the past year. However, the stock performance is even more impressive when investors consider the fact that the current political regime has been a thorn in the company’s side. For example, the Securities and Exchange Commission (SEC) sued Coinbase after alleging that it is operating an “unregistered” exchange.
However, Coinbase received some welcome news when then-candidate Trump announced to a cheering crowd at a Bitcoin conference that he intends to fire SEC Chair Gary Gensler on day one of his presidency. Meanwhile, Coinbase CEO Brian Armstrong is already making inroads with the new administration and is expected to meet with Trump and his team to advise them on crypto policy."
https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-100000397.html
Minddoc7
2 주 전
Coinbase CEO Brian Armstrong Perfect For Crypto Czar Role - Charles Hoskinson
"Cardano founder Charles Hoskinson has thrown his weight behind Coinbase CEO Brian Armstrong as the best choice for a potential “crypto czar” position in the Trump administration.
The informal title of “czar” in the U.S. typically refers to high-ranking executive officials tasked with overseeing specific policy domains.
Hoskinson’s endorsement comes amid speculation that President-elect Donald Trump may establish a dedicated crypto committee to shape the nation’s policy on digital assets."
"Trump’s victory in the 2024 election, alongside his pro-crypto appointments in key administrative roles, has energized the industry.
Hoskinson’s efforts align with a broader movement among stakeholders to influence crypto policy as the U.S. prepares for a significant shift in regulatory direction.
In addition to Hoskinson’s advocacy, reports suggest that President-elect Trump is set to meet with Brian Armstrong to discuss potential candidates for the SEC chair position.
The 2024 elections underscored the growing political influence of the crypto sector, with leading firms contributing hundreds of millions of dollars to support pro-crypto candidates.
Their efforts paid off, as they secured over 270 pro-crypto members in the House of Representatives and nearly a dozen in the Senate."
https://www.ccn.com/news/crypto/coinbase-brian-armstrong-crypto-czar-charles-hoskinson/
Minddoc7
2 주 전
***Donald Trump and Coinbase CEO To Meet for Key Talks on Crypto and Second-Term Plans***
"One of the main topics likely to come up during the meeting is the appointment of the next chair of the Securities and Exchange Commission (SEC), along with the Treasury Secretary position.
Trump, who has made pro-crypto statements during his campaign, has already pledged to create a presidential advisory council tasked with developing clear regulatory guidelines for Bitcoin and the crypto industry.
If the meeting with Armstrong is any indication, Trump appears poised to follow through on these promises."
"Trump’s decision to meet with Armstrong marks a shift in Washington’s approach to the crypto industry. After years of regulatory uncertainty under the Biden administration, the meeting signals potential changes in U.S. crypto policy that could reshape the sector.
The crypto industry has long fought for clearer regulatory frameworks, as it has faced an ongoing battle with the Biden administration over legal and regulatory issues. If Trump follows through with crypto-friendly reforms, it could lead to a more progressive approach to the industry.
Such a move could not only accelerate crypto adoption in the U.S. but also influence global policies, with other countries likely to follow America’s lead."
https://www.ccn.com/news/crypto/donald-trump-coinbase-ceo-meet-crypto-and-second-term-plans/
Minddoc7
4 주 전
NEWS: cryptotvplus.com article
Election Victory Boosts Crypto, Economic Freedom – Coinbase CEO
Published 43 mins ago
on November 7, 2024
By Samuel Ikperu
Coinbase CEO hails the election results as a significant win for both crypto & economic freedom, highlighting the positive impact on the industry.
Coinbase’s CEO praises the election results as a decisive victory for crypto and economic freedom.
The 2024 US election marks a shift in favor of crypto and economic freedom. Coinbase’s CEO expresses confidence in upcoming regulatory changes and the potential for industry growth.
With Donald Trump gearing up for a second term in the White House, the 2024 presidential election leads to substantial changes in the outlook for crypto policies.
Crypto advocates, including Coinbase CEO Brian Armstrong, feel optimistic that the changes following Trump’s victory and the Republicans’ Senate control—coupled with a likely House majority—could positively impact the digital assets industry.
The election outcome sparks a rise in Bitcoin’s price, surpassing $75,000 on Nov. 6, as anticipation grows around regulatory clarity, new legislative chances, and changes at the Securities and Exchange Commission.
Trump’s pro-crypto stance, along with the Republican Party’s control of the Senate, suggests that the US might move toward a more favorable regulatory approach, particularly if Trump fulfills his promise to replace SEC Chair Gary Gensler.
The rise of a pro-crypto trend becomes apparent in key races, such as in Ohio, where Republican Bernie Moreno challenges and defeats Senator Sherrod Brown, an outspoken critic of crypto.
According to Armstrong’s Nov. 6 post on X, Moreno’s triumph signals a change in the crypto policy landscape, with “Crypto supporting Bernie Moreno” being a key element in his win against Sherrod Brown.
With more than 250 pro-crypto candidates now in the House, the Coinbase CEO calls it “the most pro-crypto Congress ever.”
In his comments on the election results, Armstrong points out that the electorate’s shift toward economic freedom reflects frustration with over-regulation.
“America is going to follow a path toward economic freedom which is our source of strength, based on limited government, rule of law, meritocracy, fiscal discipline, respecting the free market (not government),” the Coinbase CEO said.
Armstrong’s role as CEO of a centralized crypto exchange brings attention to the possible benefits for CEXs, including reduced regulatory restrictions and increased flexibility in operations.
Reinforcing Armstrong’s message, Coinbase’s chief legal officer, Paul Grewal, urges the SEC on Nov. 6 to “stop suing crypto” and focus on “rulemaking now.”
As part of his promise to unite the country, Trump vows to end the Biden-Harris administration’s “anti-crypto crusade,” making it clear that firing Gensler will be his first act in office.
Since President Joe Biden appointed him, Gensler has led SEC enforcement against Coinbase, Consensys (MetaMask wallet’s developer), Uniswap, and other major players.
Trump’s fulfillment of his promise to fire Gensler on day one could bring an early and abrupt end to the SEC chair’s term, which had been set to last until April 2025.
Investors3
4 주 전
Coinbase is launching a new Engineering Hub in Singapore, supported by Singapore Economic Development Board, to foster the local developer ecosystem.
Tl;dr: Coinbase is launching an Engineering Hub in Singapore to support the local developer ecosystem, doubling down on our commitment to Singapore. Coinbase has been rapidly growing our engineering team around the world, and this effort in Singapore will advance the global blockchain ecosystem, enabling greater access to cryptocurrencies in APAC markets, and encourage the local engineering ecosystem to thrive.
By Hassan Ahmed, David Ko
International, November 6, 2024
https://www.coinbase.com/blog/coinbase-is-launching-a-new-engineering-hub-in-Singapore-supported-by-Singapore-Economic-Development
Minddoc7
4 주 전
HOLD ON WE'RE GOING SIGNIFICANTLY HIGHER TODAY!
QRG Capital Management Inc. raised its holdings in Coinbase Global, Inc. (NASDAQ:COIN - Free Report) by 237.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,743 shares of the cryptocurrency exchange's stock after acquiring an additional 23,040 shares during the period. QRG Capital Management Inc.'s holdings in Coinbase Global were worth $5,834,000 at the end of the most recent quarter.
https://www.marketbeat.com/instant-alerts/coinbase-global-inc-nasdaqcoin-shares-purchased-by-qrg-capital-management-inc-2024-11-06/
Investors3
1 월 전
Crypto is Here to Stay
Tl;dr: Coinbase strongly supports the efforts of both Stand with Crypto, crypto's first national grassroots advocacy organization, and Fairshake, crypto's largest ever nonpartisan super PAC. Today, we are committing to 1/ donating $25 million to Fairshake and its affiliates in 2025, and 2/ helping Stand with Crypto increase their membership to 4 million advocates ahead of the 2026 Midterm Elections. Both of these efforts will help ensure the 52 million Americans who have owned crypto remain a powerful voice in American politics.
By Coinbase Policy, October 30, 2024
, 2 min read time
Once in a generation, a transformational technology emerges with the power to strengthen democracy around the world. Each time, America has seized the opportunity to write the rules of the road. Crypto is ushering in a new wave of innovation in the United States, and that innovation is creating jobs, updating the financial system and strengthening our country’s national security.
Coinbase was born out of the idea that crypto has the potential to drive economic freedom around the world, empowering users anywhere in the world to take their financial futures into their own hands. To ensure that the potential of crypto is realized in the United States, we have executed on a three-pronged strategy to bolster the voices of the 52 million Americans of all backgrounds who have owned crypto: The first has been educating policymakers, including members of Congress, on the transformative power of a technology that represents the next generation of the internet. The next was to directly empower the millions of crypto owners directly by helping launch an independent, grassroots organization with the tools to help crypto supporters have their voices heard in Washington and in state capitals around the country. The final piece was to lock arms with others in the industry by supporting an independent, pro-crypto super PAC, Fairshake and its affiliates, to help ensure that crypto voters were a force in key elections around the country in order to affect change in American politics.
In just a year, Stand with Crypto has grown to 1.8 million advocates, mobilizing Americans of all stripes and these advocates showed that they want to be heard:
* In the two-week run-up to the overwhelming passage of a regulatory framework for consumer protections, FIT21, Stand with Crypto amassed 400,000 new advocates.
* In the one-week run-up to the vote, over 30,000 contacted members of Congress to vote for the legislation, leading to one of the most bipartisan votes seen this Congress outside of must-pass legislation.
* Stand with Crypto has mobilized about 510,000 advocates to learn about candidates and prepare themselves to vote.
Members of both political parties up and down the ballot in 2024, are learning about this important constituency and have begun to take steps to earn the support of the pro-crypto voter. Importantly, as candidates learn about the issues, they understand that providing clear rules, ending regulatory harassment, creating jobs and ensuring that this critical technology is developed in the United States are common sense positions for politicians across the political spectrum.
In meaningful ways, these efforts have helped ensure what is likely to become the most pro-crypto Congress in 2025. The industry-wide efforts have helped undercut the destructive efforts of a handful of politicians who have tried to demagogue the issue. In doing so, the crypto community has been able to blunt the hyper-politicization of crypto – and instead transform crypto into one of the most bipartisan issues in Washington.
If we can disrupt the destructive efforts of anti-crypto politicians in DC during the tumult of a presidential election, imagine the strides we can make ahead of the Midterm elections. The power of the crypto community should not be underestimated – that’s why Coinbase is committed to (1) helping Stand with Crypto achieve its goal of more than doubling its current army of advocates ahead of the Midterm Elections to 4 million strong and (2) to helping Fairshake and its affiliates remain a force in the next election cycle by committing another $25 million to their efforts. The stakes are too high for us to stand on the sidelines, and that’s why we at Coinbase are proud to help do our part.
We’re committed to remaining a strong force to ensure that the voices of crypto consumers and innovators alike continue to be heard – in the next election cycle and for years to come.
https://www.coinbase.com/blog/crypto-is-here-to-stay?__cf_chl_rt_tk=BwpHE1.eTKJaTUl0OYf6wZ4E7yQT4Z4GD.zPoEb7FJA-1730485281-1.0.1.1-App0pbWb4dUPeF0scrJUUOAaZ3I22JnNPSNjEs0RVqo