Coinbase Defies Wall Street as Capital Floods into AI Crypto Projects Like DeepSnitch AI
The clash between traditional finance and the crypto industry escalates as Coinbase resists pressure from Wall Street banks seeking to restrict retail staking services. Amid this regulatory tension, investors are pouring funds into innovative AI-driven crypto projects. Leading the charge is DeepSnitch AI – a cutting-edge platform utilizing five AI agents for intraday trading signals and smart contract analysis – currently offered at just $0. [Dated: November 8, 2025] This presale contender outperforms alternatives like Spacepay and BFX in what's shaping up to be the most heated crypto presale battle of the year, demonstrating where smart money is flowing despite institutional resistance.
Best Crypto Presale of the Year: DeepSnitch AI Vs Spacepay Vs BFX
The battle between Wall Street and the crypto industry intensifies as Coinbase pushes back against traditional financial institutions. Banks are seeking stricter regulations to prevent crypto exchanges from offering staking returns to retail investors. Meanwhile, capital is flooding into AI-driven crypto projects like DeepSnitch AI, which leverages five AI agents for intraday trading signals and contract analysis. Priced at $0.022, DeepSnitch is positioned for potential 100x growth by 2026.
Coinbase's legal clash with banks centers on stablecoin interest yields, a key revenue stream for crypto investors. Traditional finance fears the rising dominance of digital assets, evidenced by the popularity of ETFs like IBIT, FBTC, and BITB. Robinhood bridges the gap between both worlds, offering tokenized stocks alongside crypto trading.
Coinbase Settles $24M Fine with Irish Central Bank Over Transaction Monitoring Lapses
Coinbase Europe Limited has agreed to pay a €21.5 million ($24M) penalty to the Central Bank of Ireland following technical failures in its Transaction Monitoring System. The coding errors, active between 2021-2022, resulted in incomplete screening of 5 out of 21 risk scenarios—allowing partial oversight of certain cryptocurrency addresses containing special characters.
Regulators identified gaps in monitoring 30 million transactions worth €176 billion during the period, constituting serious anti-money laundering compliance breaches. Coinbase self-reported the issues, implemented immediate fixes, and strengthened system testing protocols. The settlement underscores growing regulatory scrutiny of crypto exchanges' surveillance capabilities as transaction volumes surge.
Ark Invest Bolsters Crypto Position with $9M BitMine Purchase Amid Market Slump
Cathie Wood's Ark Invest has significantly increased its exposure to cryptocurrency-linked assets, acquiring $9 million worth of BitMine (BMNR) shares across three of its flagship ETFs. The MOVE comes despite BitMine's stock plunging nearly 10% on Thursday, extending a 42.5% monthly decline.
The investment was distributed across Ark's Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF), with BitMine now representing approximately 2.3-2.4% of each fund's holdings. This strategic accumulation follows BitMine's 769% surge since June when the company initiated its ethereum treasury strategy.
Market sentiment remains divided as other crypto-related equities including Robinhood and Coinbase mirrored BitMine's downward trajectory. The buying spree signals Ark's continued conviction in digital assets even as short-term volatility persists.
