The post How US Probe of Binance Could Affect COIN Stock Price? appeared on BitcoinEthereumNews.com. Binance is under renewed regulatory scrutiny after a U.S. senatorThe post How US Probe of Binance Could Affect COIN Stock Price? appeared on BitcoinEthereumNews.com. Binance is under renewed regulatory scrutiny after a U.S. senator

How US Probe of Binance Could Affect COIN Stock Price?

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Binance is under renewed regulatory scrutiny after a U.S. senator launched an inquiry into alleged violations of Iran and Russia sanctions. Will the Binance FUD have a domino effect on Coinbase and the COIN stock price?

Binance vs Coinbase: US Investigation into Binance Crypto Exchange for Sanctions Violations

Richard Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, has opened an inquiry into crypto exchange Binance over alleged violations of Iran and Russia sanctions.

The US Senator sent a letter to Richard Teng, co-chief executive officer of Binance, requesting information and records regarding the recent dismissal of compliance staff who identified nearly $1.7 billion in transactions to Iranian organizations and transfers that circumvented US sanctions on Russian oil.

Crypto market participants, including Coinbase, are closely monitoring these developments. Reports indicate Binance facilitated about $1.7 billion in crypto transfers to sanctioned Iranian entities.

Reports from The New York Times and The Wall Street Journal describe an internal Binance investigation from late 2025 that uncovered these transactions. In his open letter to CEO Richard Teng, Senator Blumenthal referred to Binance as a “repeat offender.”

Binance has denied these allegations. Richard Teng stated, “We have sent the attached letter demanding immediate corrections and a full retraction of these false statements.” It is worth noting that this probe comes amid Binance’s founder Changpeng “CZ” Zhao’s revelation of plans to expand Binance U.S. after the SEC dropped the lawsuit against the exchange’s U.S. arm.

Potential Impact on COIN Stock Price

Historically, regulatory actions against Binance have indirectly benefited Coinbase due to the shift in user trust and trading volume toward more compliant platforms.

After the US SEC sued Binance and Coinbase in 2023, COIN stock rallied almost 200% in the next six months. In the same period, Bitcoin jumped only 50% due to the broader market pressure.

COIN stock price has jumped more than 1% during pre-market trading hours today. The stock closed 1.12% higher at $162.03 on Tuesday, despite Bitcoin price slipping below $63K.

However, analysts have lowered COIN stock price target, with an average 12-month price target of $259. Mizuho reduced Coinbase price target from $280 to $170, while maintaining a ‘hold’ rating.

Wall Street analysts have cited disappointing Q4 financial results of Coinbase, with a net loss of $666.7 million. Coinbase’s revenue and earnings per share (EPS) missed analyst expectations. Meanwhile, Binance continues to face new FUD, keeping selling pressure on Bitcoin intact amid lower exchange trading volumes.

COIN Stock Price. Source: Google Finance

Source: https://coingape.com/news/stocks/binance-vs-coinbase-how-us-probe-of-binance-could-affect-coin-stock-price/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now

SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now

What if the next meme coin wasn’t just about culture but also structure? It’s the question many investors ask as meme coin volatility rises. Communities demand more than hype, and the search for the Top New cryptos to join now is heating up. In the past 24 hours, Solana fell 0.75% to $236.52 while Polkadot […] Continue Reading: SOL Faces Pressure, DOT Climbs 2.3%, While BullZilla Presale Rockets Past $460K as the Top New Crypto to Join Now
Share
Coinstats2025/09/18 05:15
Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Share
BitcoinEthereumNews2025/09/18 05:59
Change “Waiting for Overnight Surges” to “Daily Deposits”—TALL MINER · 2025: Using Cloud Computing Power to Transform Volatility Into Your Second Cash Flow

Change “Waiting for Overnight Surges” to “Daily Deposits”—TALL MINER · 2025: Using Cloud Computing Power to Transform Volatility Into Your Second Cash Flow

Turn crypto volatility into steady daily income with TALL Miner. Cloud-based hashrate runs 24/7, daily payouts, $15 signup bonus, zero setup required.
Share
Blockchainreporter2025/09/18 17:38