Coinbase

The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after "careful" consideration, the SEC said no.

Political headwinds could blunt the impact of the crypto exchange’s ramped-up lobbying efforts, the report said.

The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.

The latest update you need to know about Friend.tech

Grayscale Bitcoin ETF decision could happen this week

Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
The exchange is requiring Coinbase Borrow customers with outstanding loan balances to pay them back by November 20.

The crypto exchange is still faced with significant regulatory challenges, the report said.
Armstrong will meet privately with Congress members from the New Democrat Coalition.

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.
- 22:4797.5 per cent probability that the Federal Reserve will leave interest rates unchanged in MarchAccording to the CME ‘Fed Watch’: the probability that the Fed will keep interest rates unchanged in March is 97.5%, and the probability of cutting rates by 25 basis points is 2.5%. The probability of keeping the current interest rate unchanged in May is 86.1%, the probability of a cumulative 25 basis point cut is 13.6%, and the probability of a cumulative 50 basis point cut is 0.3%.
- 22:36US SEC Seeks Public Feedback on Approval of Grayscale and Bitwise Ether ETF Options TradingGolden Finance reports that the U.S. Securities and Exchange Commission is seeking public input on whether the agency should approve options trading in three spot ethereum ETFs. According to a regulatory filing released Tuesday, the SEC seeks comments on whether to allow the Chicago Board Options Exchange, Inc. to list and trade options on the Gray Scale Ether Trust ETF, Gray Scale Ether Mini-Trust ETF, and the Bitwise Ether ETF, with comments due 21 days of publication in the Federal Register. The agency has not yet approved options trading on spot Ether ETFs.The SEC approved several spot Ether ETFs in May 2024, and firms have been vying for options trading permits ever since.
- 22:30Strategy Announces Proposed $2 Billion Convertible Senior Notes to Support the Purchase of More BitcoinStrategy (MSTR.O) announced that it intends to issue its 0% Convertible Senior Notes due 2030 in an aggregate principal amount of $2.0 billion in a private placement to qualified institutional buyers Strategy also expects to grant purchasing rights to the initial purchasers of the notes to purchase up to an aggregate principal amount of up to $300 million of the notes, to be settled within five business days of the date of the initial issuance of the notes (both dates inclusive). Strategy intends to use the net proceeds of the offering for general corporate purposes, including the acquisition of Bitcoin and as working capital.