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Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge Mt. Gox has shifted $364 million in Bitcoin to B2C2 this month MicroStrategy invests $561 million in Bitcoin amid market pullback Bitcoin dominance rises to 60% as altcoins falter US Bitcoin ETFs face largest outflow since launch breaking 15-day streak
Coinbase drops 15% in pre-market trading after SEC lawsuit Coinbase drops 15% in pre-market trading after SEC lawsuit James Van Straten · 2 years ago
Insights Macro

Coinbase drops 15% in pre-market trading after SEC lawsuit

Bitcoin dropped 1% on the news of the Coinbase, SEC lawsuit

James Van Straten / @jvs_btc / Jun. 6, 2023 at 2:13 pm UTC

Quick Take

  • Coinbase (COIN) is down 15% in premarket trading after the SEC sued the exchange, alleging multiple securities law violations
  • It is now trading below $50.00.
  • However, Coinbase was trading 8% lower on Monday.
Coinbase share price: (Source: Google)
Coinbase share price: (Source: Google)
Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

Latest Insights
Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge

Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge

Data via 9 hours ago
Mt. Gox has shifted $364 million in Bitcoin to B2C2 this month

Mt. Gox has shifted $364 million in Bitcoin to B2C2 this month

Data via 15 hours ago
MicroStrategy invests $561 million in Bitcoin amid market pullback

MicroStrategy invests $561 million in Bitcoin amid market pullback

1 day ago

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