Bitcoin Surges Past $80,000 as Post-Election Recovery Accelerates
Bitcoin climbed above $80,000 on Coinbase, extending its rebound from an overnight low near $75,600 after the US midterm elections.
Cryptocurrency news, market insight, company coverage, and practical guides related to coinbase.
Bitcoin reached 78,063 USDT on Binance on November 3 before slipping back. Coinbase’s BTC/USD quote was about $77,816 at 21:58 UTC.
Binance founder CZ asks Musk to show support, replying to a grimacing emoji and citing Binance’s investment in his Twitter takeover.
Brian Armstrong says Coinbase is blocking transfers to compromised wallets and has offered Binance assistance following the hack.
Coinbase disclosed 17,954 BTC held for investment and 117 BTC for operations at September 30, worth about $1.51 billion combined at quarter-end.
RLUSD goes live on Coinbase’s retail and institutional platforms across XRPL, Base and Ethereum, while Global Exchange collateral support remains planned.
Data incidents at Coinbase, Bithumb, Daishin and Mirae Asset have different confirmed impacts. CZ urges stronger login, withdrawal and anti-phishing controls.
Coinbase says an Amplitude incident affected customer contact data but not funds. A claim that more than 70,000 users were affected remains unconfirmed.
Reuters’ review of federal filings highlights political donations from the Winklevoss twins, Chris Larsen, Brian Armstrong and Mike Novogratz.
Coinbase highlights BTC, ETH and SOL prediction markets with 15-minute to daily windows. U.S. eligibility and Kalshi settlement rules shape access.
Coinbase and major crypto groups spent more than $4 million on Q3 federal lobbying, down from Q2, as the CLARITY Act failed to advance in the…
Axis Robotics’ Base token AXIS has debuted on Coinbase, Upbit and Bitget, following a $0.10 community sale with staged unlocks and a $12 million seed round.
Samsung Wallet will add USDC transfers in late October, with Bastion infrastructure, Coinbase Prime custody and bank payouts in more than 60 countries.