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COINBASE Coins In Major Trouble | Crypto Market Update | SEC Investigates Coinbase | Voice of Crypto

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In this video of Voice of Crypto, we have tried to cover all the recent news about crypto. Major cryptocurrencies traded in the green early on July 28. The global crypto market cap rose 7.64 percent to $1.05 trillion over the last day. The total crypto market volume surged 34.61 percent to $84.71 billion over the last 24 hours. The total volume in Defi is currently $7.40 billion which is 8.74 percent of the total crypto market 24-hour volume. The volume of all stablecoins is now $79.90 billion, which is 94.33 percent of the total crypto market 24-hour volume. Bitcoin’s price hovered around 18 lakh. Bitcoin’s dominance is currently 41.56 percent, a decrease of 0.01 percent over the day, according to CoinMarketCap data The Federal Reserve just INCREASED interest rates by 75 basis points. This is what that means & why August might be very GOOD for bitcoin & crypto. 🚀 Coinbase faces SEC probe on crypto listings The company’s legal head Paul Grewal said Coinbase will engage with the SEC on the matter. “We are confident that our rigorous diligence process – a process the SEC has already reviewed – keeps securities off our platform,” Grewal said. The SEC’s scrutiny has increased ever since the crypto trading platform expanded Founded in 2012, Coinbase — named after the Bitcoin (BTC) coinbase transaction that rewards miners for validating blocks — is one of the oldest, largest cryptocurrency exchanges, having supported tens of millions of users since its launch. Coinbase offers a range of services including custodial wallets with secure buying, selling and storage of cryptocurrencies; advanced trading and exchange services via Coinbase Pro; and USD Coin (USDC), a stablecoin backed by United States dollar reserves that is built on the Ethereum ERC-20 token standard, offering the advantages of cryptocurrencies without the price volatility. Coinbase has been a popular choice for newcomers seeking to gain exposure to the burgeoning cryptocurrency space.

Varuni is an experienced crypto analyst and journalist with a keen interest in the Web3, blockchain, metaverse and NFT space. She's currently heading the Voice of Crypto team as the Editor-in-Chief and believes that decentralized web is the way to go.

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