Coinbase will roll out its first derivatives product next week with the launch of so-called “nano” bitcoin futures. In a Thursday blog post, Coinbase Derivatives Exchange — the renamed FairX, which was acquired by Coinbase this year — said it would “launch its first listed crypto derivatives product on June 27, 2022: Nano Bitcoin futures […]
Moody's Investors Service said Thursday that it "downgraded Coinbase Global, Inc.'s (Coinbase) Corporate Family Rating (CFR) to Ba3 from Ba2 and downgraded its guaranteed senior unsecured notes to Ba2 from Ba1."
The US Federal Reserve has raised the US federal funds rate to 1.5%-to-1.75%, representing an increase of 75 basis points. The Fed said it also intends to continue reducing its balance sheet. “In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. […]
Congressman Richard Neal, who chairs the House of Representatives Ways and Means Committee, asked the Government Accountability Office (GAO) to provide information about the nexus between cryptocurrencies and American retirement accounts.
Crypto lending platform Celsius’s withdrawal freeze has affected a bitcoin interest product offered by German fintech firm Nuri, according to a Monday announcement. Nuri, formerly known as Bitwala, debuted the product in May 2021, offering up to 3% interest on bitcoin holdings. Nuri partners with Celsius to offer the accounts to its users. But the […]