Crypto News

Nansen’s latest analysis reveals Coinbase’s (COIN) potential for long-term growth despite near-term revenue headwinds, citing regulatory progress, product diversification, and undervalued metrics as catalysts. Nansen Researchers Back Coinbase Shares Amid Crypto Correction, Cites Expansion Strategy Blockchain analytics firm Nansen has released a research report painting Coinbase (Nasdaq: COIN) as a compelling long-term investment despite anticipatedSource link

A Trump family representative held talks to buy a stake in Binance's U.S. arm, according to a Wall Street Journal report on Thursday. The stake could have been acquired through Trump-family backed crypto project World Liberty Financial, the report said, citing people familiar with the matter.Steve Witkoff, a friend of the U.S. president, was involved in the deal talks, the report added.The talks started last year after Binance reached out to Trump's allies offering to reach a deal with the family so as to bring the crypto exchange back to the U.S.Binance U.S. this not respond to a request for comment at the time of publication.Source link

Crypto trading volumes dropped sharply in February as concerns that President Donald Trump's tariffs on Mexico, Canada and other countries would stifle international trade reduced investor demand for adding to risky investments.Combined spot and derivatives trading volume on centralized exchanges fell 21% to $7.2 trillion, the lowest level since October, according to CoinDesk Data’s latest Exchange Review. Since November, the Trump administration has threatened to impose tariffs on trading partners including China and the European Union in response to what it considers unfair trade practices against the U.S. in various industries.Among centralized exchanges, Binance maintained its position as the largest spot trading platform with a 27% market share. It was followed by Crypto.com (8.1%) and Bybit (7.4%) with Coinbase (COIN)...

XRP is currently trading at $2.27 to $2.32 over the past hour, with a market capitalization of $131 billion and a 24-hour trading volume of $4.82 billion, moving within an intraday range of $2.14 to $2.28, as technical indicators across multiple timeframes reveal a mixed sentiment with both bullish and bearish signals shaping the marketSource link

Bitcoin (BTC) staking platform Solv has raised $10 million for its Bitcoin Reserve Offering (BRO) as it aims to build a $100 million BTC reserve.BRO merges aspects of traditional convertible bonds with crypto-native features to drive institutional adoption of BTC finance, according to an emailed announcement shared with CoinDesk on Thursday.Solv is attempting to offer an "on-chain MicroStrategy" model, referencing the Michael Saylor-founded software company that now owns nearly 500,000 BTC.BRO may appeal to institutions who wish to invest in BTC as a store of value in a similar way to Strategy (as MicroStrategy is now called) but without physically purchasing and holding it themselves. Furthermore, they may be seeking a more active yield-generating form of BTC investment. Solv will...