Coinbase is building on the momentum from Judge Amy Berman Jackson’s ruling in the United States Securities and Exchange Commission v. Binance case. The exchange cited her precedent-reinforcing decision that secondary sales of Binance’s BNB token do not constitute securities sales under the criteria listed in the Howey test. In a letter, attorneys relayed Coinbase’s…
The price of Bitcoin briefly dipped as low as $57,874 on Coinbase on July 4, the first time the asset has fallen below the $58,000 mark in more than two months. Bitcoin has since leveled out to trade for $58,964 at the time of publication but is still down 3.4% on the week, per TradingView data. Bitcoin’s…