According to a recent report by Matrixport, Bitcoin has seen a YTD increase of over 150%, outperforming the Nasdaq by over 53%. However, other crypto firms such as Coinbase and Bitcoin miners have seen even bigger gains, with Coinbase climbing over 333% and Bitfarms Ltd experiencing a jump of 601% in the past 12 months. Matrixport suggests that a diversified portfolio including these companies could see potential gains of up to 572% if Bitcoin hits $70,000. The report also highlights the surge in Bitcoin transaction fees due to renewed interest in non-fungible tokens (NFTs). Matrixport remains bullish on Bitcoin, predicting a price of $125,000 by the end of 2024.

BlackRock introduced six major changes and cash holdings in its Bitcoin management and operation structure in the amendment to the iShares Bitcoin Trust S-1 form. BlackRock's last update introduced 21 core amendments, but the content shown in the December 18th document is much less, which may indicate the final improvements before release, and Coinbase has transitioned to Prime as the executing agent.

According to TheBlock, Cathie Wood's ARK Invest sold $59 million worth of Coinbase stocks and $15 million worth of GBTC last week.

The SEC rejected Coinbase's petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.

According to Scopescan monitoring, a whale has transferred about 57,300 AUCTION (approximately $1.72 million) from Coinbase in the past 14 hours. The address has accumulated 135,000 AUCTION worth about $4.1 million in the past two weeks.

Coinbase CEO Brian Armstrong stated on social media that we have filed a lawsuit against the US Securities and Exchange Commission (SEC), questioning their refusal to establish clear rules for the industry, and it worked (the court forced them to respond). Now that they have formally responded (denying), we can challenge their response in court, which will help us move towards regulatory clarity. The question is why does the SEC not want to clarify the regulatory issues surrounding the cryptocurrency industry?

On December 14th, according to official sources, Coinbase International announced that its BTC-USD and ETH-USDC trading pairs are now fully open, with limit, market, stop-loss, and stop-loss limit orders all available.

Coinbase, the crypto exchange, has announced that it will soon offer spot trading of cryptocurrencies outside of the US as part of its global expansion efforts. Institutional customers will be able to trade bitcoin and ether against the USDC stablecoin on the international exchange starting from Thursday, while retail investors will have to wait a few more months. The company's focus at the outset will be to build liquidity and create a robust foundation. Coinbase's international exchange launched in May of this year, initially only as a derivatives exchange.

On December 13th, according to an official announcement, Coinbase International Exchange and Coinbase Advanced have added perpetual futures contract support for OP, ARB, and ETC. Limit, market, stop-loss, and stop-loss limit orders are now all available.

According to PeckShield monitoring, the FTX/Alameda-marked address transferred about 5 million BOBA tokens (worth about $8.7 million) to Coinbase Prime, transferred 1.25 million JOE tokens (worth about $1.38 million) to Binance, and withdrew about 4 million QI tokens (worth about $116,000) from Binance.