Coinbase’s Trading Volume Sinks to New Lows Amid ‘Crypto Winter
Coinbase (NASDAQ: COIN) has experienced a significant decline in trading volume year-to-date (YTD), primarily due to the ongoing "crypto winter" and regulatory pressures on cryptocurrency exchanges. In the third quarter of 2023, Coinbase recorded $76 billion in spot trading volume, a 47% decrease fr ...
THORSwap Enters Maintenance Mode to Prevent Illicit Fund Movements
THORSwap, a decentralized exchange (DEX) powered by multichain THORChain, has taken a proactive step by entering maintenance mode to prevent potential illicit fund movements through its platform. This decision was made after consulting with advisors, legal counsel, and law enforcement. Cross-chai ...
Hedge Fund Manager Paul Tudor Jones Expresses Concerns Over Bitcoin Amid Regulatory Pressures
Hedge fund manager Paul Tudor Jones, who has always advocated investing in bitcoin, said that the first cryptocurrency has become less attractive in the current regulatory and economic situation. During CNBC's Squawk Box program, Paul Tudor Jones noted that U.S. regulators ...