Policy • February 15, 2024, 1:17PM EST Published 1 minute earlier on The Financial Conduct Authority used a new report this week to describe the degree to which it has focused on illegal cryptoasset promotions […]
Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bitcoin (BTC), the largest cryptocurrency by market cap, climbed through $52,000. […]
Coinbase shares are up significantly ahead of the crypto exchanges’ Q4 earnings report, with analysts predicting solid growth in revenue and trading volumes on the crypto exchange.
He points out that outflows from ETFs – driven by Grayscale’s Bitcoin Trust (GBTC) – outpaced the inflows for the funds that Coinbase provides custodial services for, dragging down Coinbase’s ETF-related assets under management (AUM). […]
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