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Coinbase’s Top Lawyer Sees US-Led ‘Race to Top’ in Crypto Hubs Coinbase’s Top Lawyer Sees US-Led ‘Race to Top’ in Crypto Hubs

Coinbase’s Top Lawyer Sees US-Led ‘Race to Top’ in Crypto Hubs

August 8, 2024

In this edition of the Bloomberg Crypto newsletter, Ryan Weeks surveys the global competition to be a crypto industry hub.

Let’s for a moment pretend cryptocurrencies hadn’t just suffered a dramatic selloff that on Monday left Bitcoin and second-ranked token Ether nursing their steepest losses in years.

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Ryan Weeks

https://www.bloomberg.com/news/newsletters/2024-08-08/coinbase-s-top-lawyer-sees-us-led-race-to-top-in-crypto-hubs

2024-08-08 21:00:11

byRyan Weeks
Updated

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bitcoin
Bitcoin (BTC) $ 94,846.41 0.27%
ethereum
Ethereum (ETH) $ 1,820.71 0.94%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.29 0.15%
bnb
BNB (BNB) $ 610.14 0.69%
solana
Solana (SOL) $ 148.45 1.71%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.17986 0.42%
cardano
Cardano (ADA) $ 0.714661 0.38%
tron
TRON (TRX) $ 0.247362 0.69%
staked-ether
Lido Staked Ether (STETH) $ 1,819.66 0.98%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,768.39 0.26%
sui
Sui (SUI) $ 3.55 3.69%
chainlink
Chainlink (LINK) $ 15.16 1.62%
avalanche-2
Avalanche (AVAX) $ 22.07 0.60%
stellar
Stellar (XLM) $ 0.282417 2.02%
leo-token
LEO Token (LEO) $ 9.00 0.02%
the-open-network
Toncoin (TON) $ 3.27 1.45%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 0.11%
hedera-hashgraph
Hedera (HBAR) $ 0.190471 3.40%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,184.67 0.90%
usds
USDS (USDS) $ 1.00 0.03%
bitcoin-cash
Bitcoin Cash (BCH) $ 371.64 5.14%
polkadot
Polkadot (DOT) $ 4.30 2.64%
litecoin
Litecoin (LTC) $ 86.44 0.41%
hyperliquid
Hyperliquid (HYPE) $ 18.72 2.84%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
bitget-token
Bitget Token (BGB) $ 4.43 2.59%
weth
WETH (WETH) $ 1,818.33 0.76%
monero
Monero (XMR) $ 278.26 1.87%
ethena-usde
Ethena USDe (USDE) $ 0.999848 0.04%
whitebit
WhiteBIT Coin (WBT) $ 29.43 0.82%
pi-network
Pi Network (PI) $ 0.603293 3.43%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,938.09 0.77%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 94,841.41 0.30%
pepe
Pepe (PEPE) $ 0.000009 0.11%
aptos
Aptos (APT) $ 5.61 0.67%
bittensor
Bittensor (TAO) $ 381.40 2.19%
uniswap
Uniswap (UNI) $ 5.48 0.98%
dai
Dai (DAI) $ 1.00 0.00%
okb
OKB (OKB) $ 52.19 0.31%
near
NEAR Protocol (NEAR) $ 2.58 1.17%
ondo-finance
Ondo (ONDO) $ 0.977774 0.96%
susds
sUSDS (SUSDS) $ 1.05 0.01%
official-trump
Official Trump (TRUMP) $ 14.07 7.98%
gatechain-token
Gate (GT) $ 22.23 1.33%
internet-computer
Internet Computer (ICP) $ 5.11 0.37%
ethereum-classic
Ethereum Classic (ETC) $ 17.17 2.04%
aave
Aave (AAVE) $ 169.00 2.60%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
bitcoin
Bitcoin (BTC) $ 94,846.41 0.27%
ethereum
Ethereum (ETH) $ 1,820.71 0.94%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.29 0.15%
bnb
BNB (BNB) $ 610.14 0.69%
solana
Solana (SOL) $ 148.45 1.71%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.17986 0.42%
cardano
Cardano (ADA) $ 0.714661 0.38%
tron
TRON (TRX) $ 0.247362 0.69%
staked-ether
Lido Staked Ether (STETH) $ 1,819.66 0.98%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,768.39 0.26%
sui
Sui (SUI) $ 3.55 3.69%
chainlink
Chainlink (LINK) $ 15.16 1.62%
avalanche-2
Avalanche (AVAX) $ 22.07 0.60%
stellar
Stellar (XLM) $ 0.282417 2.02%
leo-token
LEO Token (LEO) $ 9.00 0.02%
the-open-network
Toncoin (TON) $ 3.27 1.45%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 0.11%
hedera-hashgraph
Hedera (HBAR) $ 0.190471 3.40%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,184.67 0.90%
usds
USDS (USDS) $ 1.00 0.03%
bitcoin-cash
Bitcoin Cash (BCH) $ 371.64 5.14%
polkadot
Polkadot (DOT) $ 4.30 2.64%
litecoin
Litecoin (LTC) $ 86.44 0.41%
hyperliquid
Hyperliquid (HYPE) $ 18.72 2.84%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
bitget-token
Bitget Token (BGB) $ 4.43 2.59%
weth
WETH (WETH) $ 1,818.33 0.76%
monero
Monero (XMR) $ 278.26 1.87%
ethena-usde
Ethena USDe (USDE) $ 0.999848 0.04%
whitebit
WhiteBIT Coin (WBT) $ 29.43 0.82%
pi-network
Pi Network (PI) $ 0.603293 3.43%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,938.09 0.77%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 94,841.41 0.30%
pepe
Pepe (PEPE) $ 0.000009 0.11%
aptos
Aptos (APT) $ 5.61 0.67%
bittensor
Bittensor (TAO) $ 381.40 2.19%
uniswap
Uniswap (UNI) $ 5.48 0.98%
dai
Dai (DAI) $ 1.00 0.00%
okb
OKB (OKB) $ 52.19 0.31%
near
NEAR Protocol (NEAR) $ 2.58 1.17%
ondo-finance
Ondo (ONDO) $ 0.977774 0.96%
susds
sUSDS (SUSDS) $ 1.05 0.01%
official-trump
Official Trump (TRUMP) $ 14.07 7.98%
gatechain-token
Gate (GT) $ 22.23 1.33%
internet-computer
Internet Computer (ICP) $ 5.11 0.37%
ethereum-classic
Ethereum Classic (ETC) $ 17.17 2.04%
aave
Aave (AAVE) $ 169.00 2.60%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%