Coinbase has been in the spotlight due to the recent
data breach scandal. An unnamed former company employee was taken into custody in India. As the investigation continues, CEO Brian Armstrong confirmed that more arrests linked to this issue are expected. This situation has been detrimental to Coinbase's reputation and stock performance.
AI data center demand is said to be unstoppable, regardless of the cryptocurrency market conditions. Coinbase has also entered a partnership with
Perplexity AI to deliver real-time market data to traders.
Moving to other cryptocurrency events,
Bitcoin's price reportedly went across $120,000 before declining under $90,000 due to anticipations surrounding US data and Japanese central bank decision. The crypto market's future is expected to be influenced significantly by the upcoming data on inflation and regulatory changes.
Talos is finalizing an acquisition deal with
Coin Metrics, a crypto data and analytics firm. This is in addition to the
U.S. Government's initiative to start disseminating economic data on blockchains.
Market data suggests mixed outcomes from meme coins. As the popularity of such coins grows, associated risks are getting more critical. While some wallets have profited from Trump's meme coin, the vast majority have lost money. Meanwhile, concerns are arising that bank data fees could restrict the usage of stable coins and wallets in the US. Furthermore, some companies are apparently accepting meme coins as payments.
DATA Coin News Analytics from Thu, 13 Jun 2019 07:00:00 GMT to Sun, 28 Dec 2025 15:50:16 GMT -
Rating -5
- Innovation -6
- Information 8
- Rumor -3
