Coinbase has marked an impressive achievement. Check out the latest reports about this below.
Coinbase is up 422% year-to-date
According to the latest reports noted by the famous Anthony Pompliano, Coinbase is now up 422% year-to-date. The crypto space is seeing lots of successful moves these days and they are set to continue.
Coinbase is now up 422% year-to-date.
Wall Street really wants exposure to bitcoin & crypto. pic.twitter.com/TTHeDeAc5J
— Pomp 🌪 (@APompliano) December 23, 2023
Here’s what a follower posted in the comments section: “And if you want exposure to Coinbase’s blockchain@base, the next best option is funnily the OG memecoin on the chain $MOCHI. 
Named after Brian Armstrong’s cat. Unless they release a Base token, this will likely stay the main way to expose yourself to the growth of Base.”
Coinbase in the news
Not too long ago, SEC has been accused of gaslighting in the dispute with Coinbase.
Pro-XRP lawyer John Deaton has accused the United States Securities and Exchange Commission (SEC) of contradicting its own statements on cryptocurrencies.
The accusation came during the ongoing legal dispute between Coinbase and the SEC.
The Securities and Exchange Commission (SEC) rejected Coinbase’s plea to introduce new rules for the crypto industry.
The reasons cited by the SEC included applying current securities laws to cryptocurrencies, the importance of maintaining the commission’s discretion in setting rules, and the SEC’s engagement with the crypto securities markets through rulemaking.
John Deaton disagreed with the SEC Chair, Gary Gensler’s stance on cryptocurrencies. He accused him of gaslighting the public.
Deaton felt that the SEC’s position in the Coinbase rulemaking dispute contradicted the SEC Chair’s statements during his congressional testimony earlier that year.
In a post on X (formerly Twitter), Deaton emphasized Gensler’s statement outlining the reasons for the SEC’s decision, where the SEC chair states, “there is NOTHING unique or new about cryptocurrencies.”
