Crypto exchange Coinbase reported a net income of $1.29 billion in the fourth quarter, while its $2.2 billion net revenue comfortably beat industry estimates. Source link
Day: February 13, 2025
Trump’s CFTC pick uses Farcaster to tout nomination
Brian Quintenz’s use of the Web3 social media platform signals his friendly stance toward crypto. Source link
Trump signs reciprocal tariff order, includes non-monetary provisions
“Whatever they charge us, we’re charging them. So, it works out very well,” President Donald Trump told reporters after signing the order. Source link
CZ’s dog’s name sparks ‘Broccoli’ memecoin frenzy
Changpeng Zhao, the founder of Binance, revealed his dog’s name in an X post, sparking a wave of memecoins named after the canine. Source link
Coinbase Q4 2024 revenue beats forecast by 23% reaching $2.3 billion
Key Takeaways Coinbase reported a fourth-quarter revenue of $2.3 billion, surpassing analyst estimates by 23%. Growth was driven by increased digital asset prices and adoption of services like staking and USDC assets. Share this article Coinbase reported fourth-quarter revenue of $2.3 billion, exceeding analyst estimates by 23% and marking an 88% increase from the previous quarter. Our Q4 and FY 2024 financial results are now live. pic.twitter.com/R5LuW7pwI9 — Coinbase 🛡️ (@coinbase) February 13, 2025 Transaction revenue surged 172% to $1.6 billion, while subscription and services revenue grew 15% to $641…
NYC prosecutor behind Sam Bankman-Fried case resigns: Report
The acting US Attorney for the Southern District of New York reportedly resigned after the federal Justice Department directed her to halt a case against NYC Mayor Eric Adams. Source link
Ethereum TVL approaches 3-year high — Will ETH price follow?
Ethereum’s total value locked rose to levels not seen since 2022. Will ETH price benefit from the rise in activity? Source link
Trump’s crypto policy evolves from council to expert summits
Key Takeaways The Trump administration would hold targeted summits with digital asset industry leaders instead of establishing a formal Crypto Council. The summits will address policy areas such as banking, payments, data centers, and bitcoin mining. Share this article The Trump administration is considering shifting away from establishing a formal “Crypto Council” in favor of hosting targeted summits with digital asset industry leaders, Unchained reported, citing people familiar with the matter. The proposed approach would convene rotating groups of crypto leaders to address specific policy areas, including banking, payments, data…
US mining companies feel supply squeeze from Bitmain shipment delays
Publicly traded mining companies in the US are now feeling the effects of trade tensions between the United States and China. Source link
Metaplanet raises 4B JPY in 0% interest bonds to buy more BTC
Metaplanet, known as the “Microstrategy of Asia,” has raised an additional 4 billion JPY in zero-interest bonds to buy more Bitcoin. Source link