News with the tag "Coinbase prime"

Hold onto your hats, crypto enthusiasts! The market is buzzing with news of a significant move by none other than BlackRock, the world’s largest asset manager. Just when you thought institutional interest in digital assets couldn’t get any hotter, it does! Reports are flooding in about a colossal de...

Coinbase Prime recently scored an increase in over-the-counter (OTC) trading activity. Based on CryptoQuant’s analysis, the surge suggests an increase in institutional investors utilizing OTC channels to accumulate Bitcoin (BTC). Institutional BTC Preference Triggers OTC Trading From the data provid...

Ethena Labs faces scrutiny after allegations of unfairly staking 180 million ENA tokens in its crypto farming event.

On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender has

Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday. “Blockfi received $250M in USDC from Coinbase Prime, bringing...

Johnsson's claims spark questions about cryptocurrency regulation and market stability amid potential USMS sale of Silk Road Bitcoin

Earlier this week, the US government moved 10,000 Silk Road Bitcoins to institutional crypto exchange Coinbase Prime, with many suggesting that these transfers are not for selling purposes. But Attonery Scott Jhohnsson removes the veil stating that the US Marshal Service (USMS) is certainly selling ...

The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime.

A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known US Government wallet 2 w...

As the unlocking process progresses, the involvement of Coinbase Custody will play a crucial role in managing the vesting of these tokens.