When Trump made the claim, ETH’s price stood at around $2,877.32. However, it has since dipped to $1,908.57. Source link
Latest in Coinbase
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Coinbase
Elon Musk blames X outage on ‘massive cyberattack’ as bitcoin dips to $78K
by Carl Nashby Carl NashHacking group Dark Storm has claimed responsibility for the attack on X. The group has warned it would target countries that support Israel. Source link
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Coinbase will launch the 24/7 Bitcoin and Ethereum futures products on its CFTC-regulated futures exchange Coinbase Derivatives. The exchange also plans for a perpetual-style futures contract. Coinbase is …
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Coinbase
PayPal and Ripple stablecoins still sub-1% despite ‘stablecoin gold rush’
by Carl Nashby Carl NashDespite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market. Source link
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Coinbase
BlackRock wants to stop bitcoin ETF outflows with 1-2% allocation target
by Carl Nashby Carl NashWealth management giant Blackrock has decided to introduce bitcoin allocation suggestions for the first time in certain model portfolios. Source link
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Coinbase
UK Treasury says ‘no plans’ to introduce US-style bitcoin reserve
by Carl Nashby Carl NashDespite the US introducing a strategic bitcoin reserve, the UK still deems the currency too volatile and will not follow suit. Source link
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Coinbase
Ripple founders lobbied for XRP reserve, got sell-only stockpile instead
by Carl Nashby Carl NashRipple and Fairshake tried to convince the US government to buy XRP as part of a crypto reserve. They failed at the eleventh hour. Source link
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An associate of Ripple CEO Chris Larsen used the hacked password manager LastPass to store private keys protecting Larsen’s $150M in XRP. Source link
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At the signing ceremony for the Strategic Bitcoin Reserve, Donald Trump seemed as confused about its impact as the rest of the market. Source link
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Coinbase
Sam Bankman-Fried was planning Tucker Carlson interview for years
by Carl Nashby Carl NashSam Bankman-Fried, the former chief executive of bankrupt FTX, appeared on Tucker Carlson’s show to “come out as republican.” Source link