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Why This Bitwise Analyst Is Watching Coinbase and Bitcoin Miners

Bitwise Asset Management Senior Investment Strategist Juan Leon joins CoinDesk with insights on the position of bitcoin, ether, and Coinbase shares in a portfolio. Plus, the latest market trends as U.S. Presidential election heats up, and an outlook on the spot SOL ETF applications in the U.S.

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Крипто Giants Notch перемагає у дорогому квесті, щоб вплинути на політику США – без згадки про Крипто

Coinbase, Ripple і a16z пожертвували безпрецедентні гроші, щоб вплинути на результати виборів до Конгресу, але ніхто не хоче говорити, хто головний, як це працює або навіть обговорювати цифрові активи в рекламі кампанії.

CEO Brian Armstrong's Coinbase is among the top industry backers of the crypto campaign fund that's shifting the landscape in the 2024 U.S. elections. (Steven Ferdman/Getty Images)

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Потік готівки від Coinbase дає Крипто ONE з найбільших військових скринь кампанії

Coinbase слідом за Ripple і a16z надала нові 25 мільйонів доларів їхньому комітету політичних дій Fairshake, оскільки наближаються загальні вибори, які можуть змінити долю криптовалюти.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

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SEC's Gensler Pushes Back Against House Bill; Crypto Exchanges Form Coalition to Tackle Scams

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as SEC Chair Gary Gensler pushes back against the FIT21 bill hours before a planned vote on Wednesday, saying that the bill “would create new regulatory gaps." Plus, crypto exchanges Coinbase, Kraken, and other firms have joined an alliance to tackle scams. And, WisdomTree won approval to list crypto ETPs on the London Stock Exchange.

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Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional

A new research report from Coinbase Institutional reveals that staking has been a major liquidity sink for ether (ETH). Analysts note that the 3 month circulating supply of ETH has not meaningfully increased, despite the surge in price since Q4 of last year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Tornado Cash's Alexey Pertsev Sentenced to 64 Months in Prison; Meme Coins Rally

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Tornado Cash developer Alexey Pertsev was sentenced to 64 months in prison after being found guilty of money laundering by a Dutch judge. Plus, meme coins rally following GameStop's surge, and Coinbase resumes operation after major outage.

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Policy

Stand With Крипто встановлює скриньку передвиборчої війни, підтримує кандидатів, які прагнуть отримати вільні місця

Stand With Крипто – правозахисна група, заснована Coinbase минулого року – почне збирати готівку від понад 400 000 членів, щоб передавати їх обраним кандидатам у Конгрес.

Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)

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Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the blowout first quarter of Coinbase where the crypto exchange reported net income of $1.2 billion. Plus, Kraken's indices provider predicts that spot ETF products in Hong Kong will reach $1 billion in AUM by the end of 2024. And, Jack Dorsey's Block doubles down on bitcoin.

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Likelihood of Spot Ether ETF Approval 'Super Low' Now, Expert Says

Coinbase Head of Institutional Research David Duong explains why he still believes in favor of the spot ether ETF despite the likelihood for the approval has decreased to around 20%. "The only way it can actually be rejected is if the SEC actually firmly came out and called this a security," Duong said.

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Why Coinbase Analyst David Duong Expects to See 'Continued Upside' in Bitcoin

David Duong, Head of Institutional Research at Coinbase, joins CoinDesk with his analysis on the crypto market's recent price action and state of spot bitcoin ETFs amid GBTC selling pressure. Plus, potential impacts of the halving event and likelihood of the spot ether ETF approval this summer.

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