How Coinbase Makes Money Has Shifted Since Its IPO

The exchange’s agreement with USDC stablecoin issuer Circle has been a boon as interest rates march higher. When Coinbase reports its second-quarter earnings on Thursday, it could mark a significant shift for America’s leading crypto exchange: transaction fees could stop being its top money-maker, supplanted by its proximity to USDC stablecoin issuer Circle. When the […]

Crypto Event

Tesla’s Bitcoin Portfolio Remains Unchanged at $184M for Third Straight Quarter: Q2 2023 Report

Tesla’s Q2 2023 Update reveals that the American electric car and clean energy company refrained from selling any of its bitcoin (BTC) or cryptocurrency holdings in the previous quarter. For the past three quarters, Tesla has maintained a digital asset portfolio worth approximately $184 million. Tesla Holds Steady on Bitcoin in Q2 2023, Maintains $184M […]

Crypto Event

Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’

Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP is not a security.” In addition, he noted that crypto sales on exchanges […]

Bitcoin News

The Big Halving: Bitcoin Miners Prepare for Token Rewards Reduction

Bitcoin (BTC) halving, the most anticipated quadrennial event in the cryptocurrency space with potential to drive the maiden digital currency price to new heights. However, it could pose more troubles to Bitcoin miners than the previous ones. As per experts, Bitcoin miners would face more challenges in the upcoming halving, given the high electricity costs and debt […]