Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.
Coinbase news
Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.
Derivatives trading products saw rapid growth, suggesting that professional traders were actively seeking exposure to cryptocurrencies.
The DeFi protocol also launched an in-house perpetuals trading app.
Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.
Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks.
Coinbase and DeFi pose serious competition for traditional exchanges as Bitcoin ETFs beat gold by assets under management.
The ai16z developer is researching the intersection of artificial intelligence and Web3.
A lawsuit against Coinbase concerns allegations under the Sherman Act of attempted monopolization of the Wrapped Bitcoin market.
Mark Longo, owner of Peanut the Squirrel, accused Binance of using his Peanut’s likeness without permission to promote the PNUT memecoin.