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Cryptocurrency

Why is Coinbase’s reliance on crypto trading fees a concern?

Coinbase’s business model is significantly reliant on trading fees, which are generated when users buy, sell, or exchange cryptocurrencies on the platform. This reliance on volatile trading activity makes Coinbase vulnerable to the cyclical nature of the crypto market. During periods of market downturns, trading activity declines, and Coinbase’s revenue streams shrink. This reliance on […]

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Cryptocurrency

SEC vs. Coinbase: A clash of titans in the crypto world

The legal battle between Coinbase and the SEC is being closely watched by the cryptocurrency community, with many users taking to Twitter to share their thoughts and opinions. Some are calling on the SEC to be more lenient with Coinbase, while others are urging the regulator to take a more aggressive stance against unregistered securities. […]

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Trending

Why did crypto bulls lose $217 million?

Crypto bulls lost $217 million in the past 24 hours as the price of bitcoin (BTC) dropped below $42,000. This was due to a number of factors, including: How did the ETF approval affect bitcoin prices? The approval of spot bitcoin (BTC) exchange-traded funds (ETFs) has had a mixed impact on bitcoin prices. On the […]

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Cryptocurrency

What are the new AML regulations for the cryptocurrency sector?

The European Council and Parliament have provisionally agreed to expand parts of the European Union’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) law to cover the cryptocurrency market. This means that companies providing cryptocurrency services will have to check and confirm details about their customers. They will also have to report any activities that seem […]