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Coinbase hits $100 billion market cap for first time as bitcoin notches fresh all-time highs

Coinbase hits $100 billion market cap for first time as bitcoin notches fresh all-time highs

Following bitcoin's rise to new all-time highs this weekend, the largest crypto exchange in the U.S. hit two significant milestones in Monday's trading session.Coinbase's stock closed the day up 1.8% at $394.01 per share, according to The Block's COIN data. That marks a new all-time closing high for…

TD Cowen raises Strategy price target to $680, with upside case for Bitcoin of $155,000 by December

TD Cowen raises Strategy price target to $680, with upside case for Bitcoin of $155,000 by December

TD Cowen raised its price target for Strategy's stock price from $590 to $680 per share, suggesting significant upside for MSTR shares.In the research report published Monday, TD Cowen provided an upside forecast of $155,000 for the price of Bitcoin by December of this year, which would almost certa…

Coinbase sues Oregon Gov. Kotek for public records over crypto policy shift amid charges brought against the firm

Coinbase sues Oregon Gov. Kotek for public records over crypto policy shift amid charges brought against the firm

Coinbase has lodged charges against Oregon Governor Tina Kotek, accusing her office of stonewalling the release of documents related to a lawsuit the state brought against the exchange earlier this year. In a complaint filed in the Circuit Court of the State of Oregon for the County of Marion, Coinb…

Coinbase partners with Perplexity AI on real-time crypto data service

Coinbase partners with Perplexity AI on real-time crypto data service

Coinbase has partnered with Perplexity AI, the artificial intelligence-powered search engine startup on a real-time crypto data service, according to an announcement on Thursday. The move marks the latest high-profile collaboration between leading blockchain and AI firms, like the deal between predi…

Pump.fun’s token sale has ‘bad optics’ and now seems in limbo

Pump.fun’s token sale has ‘bad optics’ and now seems in limbo

Solana memecoin generator Pump.fun grabbed attention Monday when it apparently planned to sell 150 billion PUMP tokens for $600 million.Critics quickly attacked the effort. A listing on the Gate crypto exchange mysteriously vanished. No matter what happens next, it wasn't a good look, according to s…

What’s next: Crypto ETF ‘floodgates’ poised to open as SEC weighs faster approval framework

What’s next: Crypto ETF ‘floodgates’ poised to open as SEC weighs faster approval framework

The U.S. Securities and Exchange Commission appears poised to approve multiple spot cryptocurrency exchange-traded funds, as key stakeholders consider a framework that could expedite the listing process.Over the past several months, firms have submitted proposals for ETFs tracking cryptocurrencies, …

Two men charged in $650 million global fraud scheme involving foreign exchange trading and crypto

Two men charged in $650 million global fraud scheme involving foreign exchange trading and crypto

Prosecutors charged two men for their roles in operating an international scheme that led to $650 million being stolen and "vanishing" the investors' funds into digital assets. Michael Shannon Sims, 48, of Georgia and Florida, and Juan Carlos Reynoso, 57, of New Jersey and Florida, were charged Tues…

SoFi adds investment opportunities for pre-IPO firms such as OpenAI, SpaceX, Epic Games

SoFi adds investment opportunities for pre-IPO firms such as OpenAI, SpaceX, Epic Games

The crypto-friendly personal finance firm SoFi plans to offer investors exposure to pre-initial public offering (IPO) startups such as OpenAI, SpaceX, and Epic Games by expanding access to private market funds from asset management firms Cashmere, Fundrise, Liberty Street Advisors, and others.The pr…

Dubai approves tokenized money market fund in RWA drive

Dubai approves tokenized money market fund in RWA drive

The Dubai Financial Services Authority has approved the QCD Money Market Fund (QCDT), a joint project by Qatar National Bank (QNB) and DMZ Finance, as a tokenized money market fund within the Dubai International Financial Centre.In a statement released on Monday, DMZ Finance said it will serve as th…

Worhmhole Foundation co-founder on how RWAs and stablecoins can live in a multichain world

Worhmhole Foundation co-founder on how RWAs and stablecoins can live in a multichain world

Episode 32 of The Crypto Beat was recorded with The Block's Head of Growth Tim Copeland and Wormhole Foundation Co-Founder Robinson Burkey.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch or wherever you listen to podcasts. Please send feedback and revision requests …

Solana-based memecoin generator Pump.fun plans to list its upcoming PUMP token on July 12

Solana-based memecoin generator Pump.fun plans to list its upcoming PUMP token on July 12

Solana-based memecoin factory Pump.fun is planning to list its upcoming PUMP token in four days, according to a countdown on the Gate exchange website. The protocol will apparently offer 150 billion PUMP tokens priced at $0.04 worth of USDT.According to Gate, the PUMP sale will begin on July 12 and …

TON Foundation searches for VP of marketing following UAE ‘Golden Visa’ controversy

TON Foundation searches for VP of marketing following UAE ‘Golden Visa’ controversy

The Open Network (TON) Foundation, the independent organization overseeing the development of the Telegram-focused Layer 1 TON, is hiring a vice president of marketing after the organization received criticism over its United Arab Emirates "Golden Visa" initiative, which reportedly offers a pathway …