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bitcoinist.com Coinbase Shareholders Greenlit To Proceed With Lawsuit By Federal Judge

A federal judge has granted Coinbase (COIN) shareholders the opportunity to move forward with a narrowed lawsuit against the US-based cryptocurrency exchange, alleging that the company concealed alleged “business risks,” including the possibility of being sued by the Securities and Exchange Commission (SEC).  Claims Against Coinbase The ruling, issued by US District Judge Brian Martinotti […]

blockonomi.com XPL Price Swings Test Investor Nerves as Plasma Founder Responds to Market Rumors

TLDR: Plasma founder stated all XPL tokens for team and investors remain locked, countering rumors of early sell pressure On-chain analysis shows 85% of the top 20 traders exited XPL positions within the first week of launch Trading volume fell from $63.5M to $10M while price declined, a pattern analysts linked to distribution pressure Despite [...] The post XPL Price Swings Test Investor Nerves as Plasma Founder Responds to Market Rumors appeared first on Blockonomi.

news.bitcoin.com Integral Launches Stablecoin-Based Crypto Prime Brokerage

Integral announced the launch of Primeone, which the company describes as the world’s first stablecoin-based crypto prime brokerage. Built on the Codex Layer-1 EVM blockchain, Primeone integrates institutional-grade credit, trading and net settlement into a single platform that lets clients trade with market makers and exchanges through one account. The platform uses USD stablecoin margin […]

blockonomi.com Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion in BTC

TLDR: Treasury and IRS interim guidance allow Strategy to exclude unrealized Bitcoin gains from CAMT liability. Strategy recently bought 196 BTC, bringing total Bitcoin holdings to 640,031 coins. The average cost basis of Strategy’s Bitcoin vault is approximately $73,983 per BTC. Michael Saylor plans to build Strategy’s Bitcoin treasury toward a $1 trillion asset pile. [...] The post Michael Saylor Says CAMT No Longer a Barrier as Strategy Eyes $1 Trillion in BTC appeared first on Blockonomi.