The company's stock performance has been boosted by progress on the GENIUS Act, which could increase revenue for Coinbase through stablecoin-related income.
The crypto exchange's new derivatives offering is regulated by the CFTC and will mirror the functions of the increasingly popular perpetual contracts currently not available in the U.S.
KraneShares submitted its Coinbase 50 Index registration filing with the U.S. Securities and Exchange Commission on Friday.
Coinbase CEO Brian Armstrong has revealed that the exchange is steadily acquiring Bitcoin weekly, signaling what many believe could be the early stages of a treasury-building effort. Armstrong shared the update on June 27, stating that Coinbase has adopted a “Long Bitcoin” strategy. However, he stopped short of confirming whether these acquisitions are explicitly intended […]
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Cathie Wood's Ark Invest offloaded 33,363 Coinbase Global Inc. shares as the stock closed up 5.54% on Thursday.
The digital asset exchange's share price completed a four-year roundtrip after having plunged 90% during the crypto winter.
COIN closed at $375.07 per share. The stock's previous all-time high close was $357.39, set in November 2021.
Two contracts set to arrive on July 21 include the nano Bitcoin Perpetual-Style Futures at 0.01 BTC and nano Ether Perpetual-Style Futures at 0.10 ETH.
The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin holders to tap into Ethereum-style DeFi via its Base network.
Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.
The leading U.S. digital asset exchange is cementing its role as crypto’s universal bank, the Wall Street bank's analyst team said.
Bernstein's Coinbase target implies an upside potential of more than 40% for the stock over the next 12 months.
Ethereum’s price action in the past 24 hours has been characterized by a fall toward $2,100 before rebounding to the upside very quickly. Ethereum’s price dropped to $2,130 in the past 24 hours on crypto exchange Coinbase amidst a broader fall in the crypto industry, which also saw Bitcoin break below $100,000 very briefly. Despite the sudden Ethereum price correction, analysts have presented arguments that hint at a strong Ethereum rally once this current downturn is complete. Notably, their projections are not short-term, and one of them puts Ethereum’s next major target around $6,000. Wave A Complete, But Downside Likely Before Rally The first detailed analysis came from @CryptoWaveV, a trader who uses Elliott Wave Theory to forecast market structure. According to his recent post, Ethereum’s price has now completed what he considers to be wave A of a larger corrective structure. His chart shows Ethereum breaking down from a high around $2,900 and falling almost directly into a Fibonacci-based support zone between $2,134 and $1,957. Related Reading: Ethereum Bullish Wave Towards ATH Coming? Here Are The Targets Now that the Wave A pattern is complete, the prediction is a short-term bounce to as high as $2,792 as part of a wave B retracement. However, this upward move would likely be temporary before another Wave C leg downward, which could drive the Ethereum price to as low as $1,706 before a meaningful bottom is confirmed. This level is what the analyst refers to as his “ideal buy zone” for long-term accumulation. Although the short-term view includes price crashes, a full bullish impulse will resume once this corrective phase is complete. Wyckoff Structure Points $6,000 ETH Price Merlijn, a popular analyst on X, shared a contrasting yet converging perspective. In this case, the analyst’s outlook is based on Wyckoff’s accumulation framework. Merlijn stated, “Ethereum: Wyckoff says go.” Related Reading: The 5 Bullish Cases That Says Ethereum Price Could Reach $10,000 In 2025 According to the daily price chart that followed his analysis, the analyst showed that the crypto had already completed the spring and test phases, which are both components of a Wyckoff accumulation pattern. What comes next, according to the Wyckoff method, is the markup phase. The chart Merlijn posted aligns with this outlook. The chart projected that Ethereum will reclaim a horizontal range between $2,150 and $2,450, followed by a steady progression above $3,850, and then another strong move past $4,800, before ultimately culminating around $6,800 to $7,000. This bullish setup suggests that while the recent dip to $2,100 might have shaken confidence, it may have served a larger structural purpose. The spring and test patterns imply a final shakeout of weak hands, clearing the path for long-term buyers to step in. Finally, the outlooks from both analysts converge on a six-month to one-year trajectory that could see Ethereum breaking into the $6,000 range, if not higher. At the time of writing, Ethereum is trading at $2,420, up by 7.4% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
The firm had earlier sold Circle shares in three tranches.
Circle’s blistering rally reflects investor hunger for stablecoin exposure, but lofty valuation multiples are raising eyebrows.
CRCL traded as high as $298 on Monday, which pushed its market cap over $77 billion — higher than the market caps for both USDC and COIN.
The broker raised its price target for the crypto exchange to $421 from $301 and reiterated its buy rating on the stock.
"Coinbase is positioning itself at the center of crypto’s next regulatory and structural evolution," says Benchmark's Mark Palmer.
As his gambling losses grew, Nieves allegedly stole from accomplices who helped pilfer over $4 million by posing as Coinbase support agents.
Coinbase has obtained a license in Luxembourg, which allows it to offer crypto services across 27 EU member states.
As the world faces increasing economic woes from soaring debt and stubborn inflation to dwindling trust in financial institutions, Coinbase CEO says, “The world needs crypto, now more than ever.” He adds: “Debt is growing exponentially, inflation is crippling entire nations, economic freedom is declining.” Armstrong points to the astronomical level of U.S. federal debt, […]
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Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the […]
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Coinbase joins other major exchanges like Bybit, OKX and Crypto.com in being able to operate across the European Union.
A DPRK-linked group is using fake job sites and Python malware to infiltrate Windows systems of blockchain professionals — with credential theft and remote access as the endgame.
With Coinbase Payments, the company said it aims to offer fast, global USDC transactions for merchants without needing blockchain expertise.
Crypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency in derivatives markets. These instruments offer a blend of stability, yield, and compliance, making them attractive to institutional players seeking capital optimization. USDC and BUIDL gain momentum in crypto derivatives On June 18, […]
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The move is expected to mark the first time a stablecoin is accepted as collateral for margined futures in the U.S.
The move could pit the crypto exchange against Robinhood and Schwab.
JPMD, to be launched on Base, is a "permissioned" deposit token that will digitally represent commercial bank holdings.