Coinbase Market Share in US Rises to 61% Despite SEC Lawsuit

. On Oct. 3, the SEC opposition brief is expected. Seven days later, on Oct. 10 precisely, amicus briefs supporting the SEC will be submitted. On Oct. 24, Coinbase's reply brief is expected.

An oral argument on the motion will be scheduled for sometime after Oct. 24. According to the legal expert,According to a new announcement, Base, Coinbase's layer-2 blockchain built with Optimism's OP Stack, will open in every regard on Aug. 9. Base is currently open for bridging, the announcement reads.In July, Base went live, enabling developers to test applications on the new network.

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Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes.Coinbase is likely to turn in a better-than-expected earnings report for the second quarter on Thursday, analysts predict, but regulatory risks, as well as the threat of lower trading volumes, continue to persist. $COIN By HeleneBraunn
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