Bitcoin
$ 67,684
Ethereum
$ 2,197.2
Tether
$ 0.9990

Coinbase Shares Surge

Coinbase, a prominent cryptocurrency exchange, saw its shares rise by approximately 6% as a result of growing optimism about the approval of a bitcoin spot ETF. This development is considered significant for Coinbase, which has been involved in legal disputes with the U.S. Securities and Exchange Commission (SEC) in Manhattan federal court. Coinbase, as one of the largest cryptocurrency custodians, has been selected by various prospective ETFs, including BlackRock’s proposed Bitcoin ETF, to serve as the custodian for their digital assets. The approval of a Bitcoin spot ETF could positively affect Coinbase’s business.

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin67,684 0.16 % 2.67 % 3.08 %
Litecoin85.90 0.26 % 0.68 % 4.68 %
XRP0.5303 0.07 % 0.22 % 2.64 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
Dogecoin0.1548 0.37 % 0.09 % 7.69 %
Solana169.51 1.27 % 4.87 % 4.50 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %