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Latest from Helene Braun
Barclays Joins Wall Street Analysts Calling XRP Ruling Positive for Coinbase
Wall Street banks including J.P. Morgan also saw the ruling as a positive outcome for the crypto exchange.
Binance Slashes Worker Benefits as Profit Falls: WSJ
Just last week, it was reported that Binance has cut more than 1,000 employees around the world.
Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says JMP Securities
The fight for regulatory clarity isn’t over yet, however, as the SEC will likely appeal the decision and continue to pursue similar cases in the future, analysts wrote.
Binance Has Cut 1,000 Workers in Recent Weeks: WSJ
The layoffs were happening globally as the exchange deals with regulatory challenges and ongoing investigations.
Bitcoin and Crypto Stocks Like Coinbase Soar as XRP Ruling Bolsters Optimism
Crypto miners were also included in the rally as bitcoin rose to its highest level in 13 months.
Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
While some departments were subject to layoffs, the stablecoin issuer will continue to hire in other areas.
Tim Draper Still Thinks Bitcoin Can Reach $250K – Just 2 Years Later Than He Expected
The billionaire investor predicted that the cryptocurrency would reach $250,000 by June 2023, but he said he wasn’t expecting the U.S. to be so aggressive in its enforcement actions.
Coinbase Soars After Reaching Cboe Surveillance Sharing Agreement for 5 Bitcoin ETF Applications
The shares of the crypto exchange climbed as much as 16% on Tuesday.
BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred
Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.
