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Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly

Coinbase, one of the leading cryptocurrency exchanges in the United States, is gearing up for a pivotal legal battle as it prepares its final arguments to persuade a judge to dismiss the accusations brought forth by the U.S. Securities and Exchange Commission (SEC) regarding unregistered securities. This high-stakes showdown between a cryptocurrency giant and the U.S. securities regulator has far-reaching implications for the entire digital asset industry in the country. In its last submission of...

Crypto Markets Dip 2% Amid Global Concerns Triggered by Israel-Hamas Conflict

Cryptocurrency markets experienced a 2% decline in response to the ongoing Israel-Hamas conflict, echoing modest declines in global equity markets and an uptick in oil prices driven by renewed turmoil in the Middle East. Bitcoin (BTC) recorded a 1.7% drop in the past 24 hours, trading at $27,500. Notably, Bitcoin had been flirting with a two-month high throughout the weekend, nearly reaching the $28,400 mark before retracing to $28,200. Despite the pullback, Bitcoin continues to...

Bitstamp Collaborates with European Banks to Offer Crypto Services Amid Easing Regulations

Bitstamp, one of the longest-running cryptocurrency exchanges, is forging ahead with plans to collaborate with three prominent European banks, aiming to provide cryptocurrency services starting in the first quarter of the upcoming year. This noteworthy development comes amid an environment where the European Union’s comprehensive cryptocurrency regulatory framework, known as Markets in Crypto Assets (MiCA), is fostering a more welcoming environment for traditional financial institutions to venture into the world of digital assets. Contrastingly, the...