Coinbase International Exchange, a subsidiary of Coinbase Global Inc. that serves clients outside of the US, has announced its intention to list Perpetual Future Contracts for four new assets: Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM). The four trading pairs will be listed on December 30th at 10 am UTC, subject to liquidity conditions. The pairs will be available on both the Coinbase International Exchange and Coinbase Advanced, alongside other cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and XRP. This is an ongoing story, and updates will be provided.

Coinbase (COIN) stock rose 5.76% on Friday, closing at $115.54; with a market value of $27.642 billion.

According to TradingView data, the price of Coinbase stock rose to $116.4 today, up 50% from $77 in early November and also reaching a new high since May last year. However, the price is still below the range of $220-350 in 2021. <br>

CoinGecko has released the 2023 Cryptocurrency Lobbying Expenditure Rankings. Cryptocurrency exchange platform Coinbase tops the list with expenditures of $2.16 million. The details of the list are as follows: 1. Coinbase ($2.16 million); 2. Crypto.com ($1.53 million); 3. Blockchain Association ($1.47 million); 4. Binance ($1.19 million); 5. Kraken ($0.888 million); 6. a16z ($0.79 million); 7. Tether ($0.76 million); 8. Ripple ($0.71 million); 9. Crypto Council for Innovation ($0.71 million); 10. DeFi Education Fund ($0.60 million).

Coinbase International Exchange announced on social media that Coinbase Advanced has launched perpetual contracts, which are only available to specific non-US jurisdiction traders. According to its published interface, the trading pairs include BTC perpetual contracts, ETH perpetual contracts, LTC perpetual contracts, and XRP perpetual contracts.

On November 23, Coinbase International Exchange announced on social media that Coinbase Advanced has launched perpetual contracts, which are only available to non-US customers in specific jurisdictions. It is reported that the available trading pairs include Bitcoin perpetual contracts, Ethereum perpetual contracts, LTC perpetual contracts, and XRP perpetual contracts.

Coinbase will stop trading QuickSwap token QUICK around 3:00 on December 7, 2023 Beijing time, including on Coinbase's official website, Coinbase Exchange, and Coinbase Prime. The QUICK order book has been converted to a limit order mode.Coinbase explained that QUICK issued a new version of the token at a ratio of 1000:1, but there are currently no plans to support the new version of QUICK token.

Coinbase argued in a letter to the US Third Circuit Court of Appeals on Wednesday that the SEC has been continuously "delaying" in its ongoing efforts to seek new regulations. Coinbase lawyer Eugene Scalia stated in the letter, "Only an order from this court will prompt the Commission to act." He believes that the latest information provided by the SEC to the court only promises further action without providing more information on its progress. After submitting a petition last year requesting regulatory agencies to draft new rules for digital assets, Coinbase sued the SEC in April. The SEC stated in June that it needed about four months to respond to Coinbase's request.

According to the latest data from btc.com, Coinbase's total Ethereum staking has exceeded 4 million coins, currently at 4,001,729 ETH, accounting for 14.15% of the entire network and worth approximately $8 billion at current prices. Lido is currently ranked first in the network with approximately 9,014,053 ETH, accounting for 31.88%; Figment is ranked third with a stake of 1,416,768 ETH, accounting for 5.01% of the entire network, and Binance is ranked fourth with a stake of 1,205,184 ETH, accounting for 4.26% of the entire network.

According to Conor Grogan, the head of Coinbase, who posted on X platform, Binance Corporate's Proof of Reserves (PoR) data shows that its cryptocurrency holdings include a total of $6.35 billion in assets and $3.19 billion in stablecoins, excluding off-chain cash balances or funds not in the PoR wallet. Binance is most likely to pay the Department of Justice's $4.3 billion fine in full without selling any cryptocurrency assets.