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Coinbase stock rally has been gaining significant traction right now, with shares actually jumping 7.45% to reach $371.97 as the cryptocurrency exchange is benefiting from a combination of bitcoin-backed loans, a USDC UBI pilot program, and also some emerging crypto regulatory clarity around stablecoin legislation. These three catalysts converging at once are reshaping how investors view the company’s future. Coinbase Stock Rally Fueled by Bitcoin Loans, UBI Pilot & Regulation Source: TipRanks Bitcoin Lending Creates New Revenue The current coinbase stock mania is fuelled by several initiatives that are being launched simultaneously. The bitcoin-backed loans feature of the company now allows users to take a loan of up to $1 million by pledging their Bitcoin collections as security to the loan, which provides the company with a new source of income through lending. Crypto holders in need of liquidity use this service without selling assets or triggering taxes. Coinbase NASDAQ stock...

The hacker behind the $300 million Coinbase (NASDAQ: COIN) breach has resurfaced with another major purchase, this time acquiring Solana (SOL). On August 24, the attacker bought 38,126 SOL, worth about $7.95 million, at an average price of $209, according to on-chain data retrieved by Finbold from Arkham Intel. Coinbase hacker’s crypto purchases. Source: Arkham This follows earlier activity on July 20, when the same wallet added 649.62 ETH valued at $2.31 million at $3,561 each. The transactions suggest a strategy of diversifying into major blockchain ecosystems while moving funds through decentralized exchanges and aggregators. Coinbase hacker’s crypto purchases. Source: Arkham Coinbase’s notable security incident  The purchases trace back to one of Coinbase’s notable security incidents in early 2025, when cybercriminals bribed overseas support agents to access internal systems.  Insights into the breach indicate that the inc...

A pair of Solana (SOL)-based altcoins is dipping in price after gaining support from the largest crypto exchange by trading volume in the US. In a new thread on the social media platform X, Coinbase Assets says it is adding support for Jito Staked SOL (JITOSOL) and non-fungible token (NFT) marketplace Metaplex (MPLX). “Jito Staked SOL and Metaplex are now live on //coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” News of the support caused both assets to dip as JITOSOL is trading for $217 at time of writing, a 6.8% decrease on the day while MPLX is valued at $0.169, a fractional decrease during the last 24 hours. JITOSOL is a liquid staked token (LST) where users can earn extra rewards by staking Solana on the decentralized finance (DeFi) network Jito. Furthermore, according to its official website, the asset not only stays in your crypto wallet and accru...

One of the most prominent cryptocurrencies in the world just saw a major uptick in participation. Indeed, Dogecoin has seen its active addresses jump 990% as cryptocurrency exchange Coinbase has unveiled its brand-new plans for DOGE. There has been no shortage of good news surrounding Coinbase this week. Specifically, it saw its landmark entry into the S&P 500 be met with immense optimism around what that could mean for the industry as a whole. Moreover, it has introduced some exciting news regarding a host of cryptocurrencies, including the leading meme coin by market cap. Source: Forbes Also Read: Dogecoin: 3 Things That Can Help DOGE Hit $5 In 2 Years Dogecoin Active Addresses Skyrocket: How Coinbase Is The Reason There are few cryptocurrencies that have penetrated the cultural zeitgeist the way that Dogecoin has. With major personalities like Elon Musk taking a liking to the asset, it has become a key part of the growing industry. Although its utility has always been lacking, i...

Coinbase CEO Brian Armstrong says his firm is exploring more acquisition opportunities after acquiring crypto derivatives platform Deribit for $2.9 billion in May. “We are looking at acquisition opportunities; doesn’t mean we swing at every pitch,”  Armstrong said in a May 14 interview with Bloomberg Television. “We want it to be the right opportunity.” Armstrong went on to say that Coinbase is particularly interested in international opportunities, “companies that think similar,” and companies that can accelerate the exchange’s product development and growth.  Coinbase Sitting On Healthy Cash Reserves  Armstrong also said that Coinbase has a large balance sheet that can be put to use.  “Part of the benefit of being a public company is, you have a liquid currency to do that,” he said. That’s after the company revealed in its latest revenue report that its balance sheet strengthened, closing t...

In a move that will certainly cement the status of the cryptocurrency exchange, Coinbase is reportedly set to acquire options trading platform Deribit in a landmark $2.9 billion deal, according to the Wall Street Journal. Indeed, the purchase comes amid a regulatory shift that has taken place in the US since the start of the year. With the agreement, Coinbase will now acquire what is the largest Bitcoin and Ethereum options trading platform in the world. Not only will it ensure the exchange’s position atop the growing industry, but it will also see the status of the US as a digital asset powerhouse enhanced. JUST IN: Coinbase to acquire crypto options trading platform Deribit for $2.9 billion. — Watcher.Guru (@WatcherGuru) May 8, 2025 Also Read: Coinbase Expands Partnership with PayPal to “Advance Stablecoin Payments” Coinbase to Acquire World’s Largest Crypto Options Trading Platform Since the start of 2025, the United States has embraced a major shift in its cryptocurrency...

Base, the Coinbase-sponsored second layer blockchain for Ethereum that prided itself on not having a proprietary token, has launched a proprietary token. After a brief rally of two hours on its surprise announcement, the newly minted BASEISFOREVERYONE memecoin crashed 88% within two minutes . Then, at 4:30pm, someone decided to pull the rug out from under buyers, and within seven minutes, its price crashed 94%. It has since rebounded to just shy of $10.4 million. Despite the token’s crash, Base didn’t delete its announcement tweet. Instead, it tried to renew enthusiasm for the disastrous launch. Founder Jesse Pollak made no apologies and carried on with his podcast tour while retweeting blame-the-victim style admonitions about “teaching a valuable lesson” to crypto speculators. Coinbase, meanwhile, has claimed that “Base did not launch a token.” A spokesperson told Cointelegraph, “This is not an official Base token, and Base did not...

Ark Invest dumped Coinbase (COIN) shares worth about $3.9 million from its Fintech Innovation exchange-traded fund (ARKF) on Dec. 18 amid a 10% drop in the exchange’s share price and after Chair Jerome Powell surprised markets when he said the Fed will have a cautious stance on rate cuts going forward. The sale by ARK Invest marks one of the biggest by the investment firm since it sold $2.8 million worth of COIN on Sept. 23. COIN Is ARKF’s Second-Largest Holding Recent disclosures by the Cathie Wood -led investment firm shows that COIN is ARKF’s biggest holding, with the fund’s COIN weighting standing at 9.9% as of Dec. 18.  Meanwhile, its biggest holding is in Shopify.  Cathie Wood and Ark Invest’s trade activity from 12/18 pic.twitter.com/mOgWS9zzPp — Ark Invest Daily (@ArkkDaily) December 19, 2024 Part of ARK Invest’s strategy is to not have more than 10% of a portfolio exposed to a single stock in order to maintain diversif...

Rumors have been circulating that Coinbase is issuing Bitcoin IOUs (or “paper Bitcoin”) to BlackRock, which ultimately was manipulating the price of crypto lower. Coinbase CEO Brian Armstrong, as well as other industry experts, quickly put the rumors to bed on Monday, after an X user brought the rumors to light over the weekend. X crypto analyst Tyler Durden accused Coinbase of allowing BlackRock to borrow Bitcoin without providing collateral. This in turn would cause price swings in the asset, allowing BlackRock to manipulate the market and swing prices. Durden’s allegations came following a post from Tron founder Justin Sun on X. Sun described Coinbase’s new wrapped bitcoin product (cbBTC) as “trust me.” The product lacked Proof of Reserves or audits, technically meaning that the product could freeze balances at any time. “Any U.S. government subpoena could seize all your BTC,” Sun said. “There’s no better representation of central bank Bitcoin than this. It’s ...

Coinbase and MicroStrategy stocks rose 6% and 7% respectively as Bitcoin surged to above $59,000. Analysts say crypto markets may be choppy amid potential bearish catalysts. Coinbase and MicroStrategy stocks have climbed more than 6% each on Aug. 8 (as of 2 pm ET), gains that come as the price of Bitcoin broke above $59,000. The Coinbase (COIN) stock traded around $192.30 while MicroStrategy’s MSTR hovered near $134. 23. Read more: Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B Bitcoin’s surge sees it extend recent momentum since reclaiming support above $50,000. According to data on CoinGecko, the flagship cryptocurrency is up 7% in the past 24 hours. Losses over the past week have shrunk to about 5%. Amid this, crypto analyst Ali Martinez says long-term holders have aggressively bought the recent dip. While we got liquidated trading #Bitcoin futures during the recent dip to $49,000, long-term $BTC holder...

The slogan for Arkham Intelligence is ‘Deanonymizing the Blockchain’ — providing public access to real names associated with crypto wallets. On its social media, the company periodically doxxes blockchain wallets, naming sales and holdings by individuals like Donald Trump or companies like Tesla, NYDIG, Marathon, or ETF sponsors. Last week, however, Arkham moved millions of dollars worth of its proprietary token ARKM into a number of third-party wallets — a move that will make it difficult to trace those token s’ ownership and sale on the blockchain . On July 17, Arkham admitted that it intended to move ARKM to ‘an intermediary address.’ Later, that wallet would transfer tokens to ‘Coinbase Custody addresses.’ Coinbase Custody is ‘directly integrated’ with Coinbase’s over-the-counter (OTC) trading desk. Moreover, price and trade confirmations inside Coinbase Custody may occur before moving funds. Although funds held at Co...

Cryptocurrency exchange Coinbase has recently stated its expectation that proposed Spot Ethereum ETFs have a 30%–40% chance of approval by the end of this month. Indeed, the exchange issued a report upgrading the investment offerings’ approval odds. The US Securities and Exchange Commission (SEC) is facing a critical impasse concerning Spot Ethereum ETF applications. Specifically, the President of the ETF Store, Nate Geraci, has recently revealed that the agency is set to make a decision on the Ether ETF this week. Also Read: Coinbase to Tap Into Australia’s Billion Dollar Pension Sector Coinbase Says Ethereum ETF Approval Has Up to 40% Chance The digital asset sector has undergone a massive shift since the start of the year. Indeed, the SEC had approved spot Bitcoin ETFs for the first time in the United States. Subsequently, the sector saw a massive surge in assets across the board. However, it was led by BTC, which reached an all-time high of $73,000 in March. ...

Coinbase has announced the launch of non-US spot markets for institutional investors. Eligible non-US institutional investors will access BTC/USDC and ETH/USDC as from December 14, 2023 on Coinbase International Exchange. The exchange plans to expand the product to retail investors in coming months. Crypto exchange Coinbase has announced an expansion of its non-US spot markets offering for institutional investors. Coinbase expands non-US spots markets to institutional investors In an announcement published December 13, the US-based crypto platform said it had launch ed spot trading markets for Bitcoin and Ethereum for eligible institutional clients using the Coinbase International Exchange.  The assets will be traded against USDC, with BTC/USDC and ETH/USDC available as from Thursday, December 14. Non-US institutional customers will be able to access these pairs via API. We are excited to announce the next phase of our Coinbase International E...

Amid Bitcoin’s remarkable comeback, a substantial number of digital tokens are facing delisting from major exchange s like Coinbase Global Inc. and Binance this year. Data from Kaiko indicates that over 3,445 tokens or trading pairs have either been delisted or rendered inactive, what is said to be a record pace by Bloomberg. Upcoming trade suspension According to an incident report from Oct. 17, Coinbase removed 80 trading pairs, marking the highest number of delistings in any month this year.   Our latest research covered by Bloomberg shows that exchange de-listings are at their highest level ever View the full article: https://t.co/wUSRB6DNub pic.twitter.com/Se7dTd9JCT — Kaiko (@KaikoData) October 25, 2023 This was following an earlier on Sept. 14 that OKX, the world’s fourth largest cryptocurrency exchange, announced the delisting of 30 crypto pairs due to non compliance. This brings this exchange’s delistings to 172 for the...

The first tokenized security of the protocol was just launched on Coinbase’s scalability layer Base. Decentralized finance (DeFi) startup Backed.fi announced today that it has issued the first tokenized security on Base – bIB01, a tokenized short-term US treasury bond ETF. This launch transaction marks the first tokenized real-world asset (RWA) on Base, Coinbase’s layer 2 network built for scalable applications. Backed is utilizing Base to tokenize financial assets like ETFs and make them freely transferable across wallets while remaining fully collateralized. bIB01 tracks the iShares $ Treasury Bond 0-1yr UCITS ETF and operates under the Swiss DLT act. Base offers a low-cost, Ethereum virtual machine compatible environment optimized for developers looking to build scalable on-chain applications. Backed has been preparing for Base’s mainnet launch to ensure its tokenize d RWAs can be seamlessly integrated. You might also like: What is Base? Unpackin...

A wallet linked to Vitalik Buterin deposited around 400 ETH on Coinbase a couple of hours ago. At the press time price of $1579.46, the value of the transferred Ether summed up to $631,840. The exact reason behind the latest transfer remained unknown. According to on-chain data from Etherscan, the “Vb 2” wallet transferred ETH to another address, which subsequently transferred the ETH to Coinbase. Chinese journalist Colin Wu pointed out that in the past 7 days, the Ethereum Co-Founder transferred 300 ETH to Kraken, and 200 ETH was converted to USDC. Source: Etherscan Also Read: Ethereum Drops to 14 Month Low Against Bitcoin: Dominance Dips to 18% At press time, the wallet had a balance of 0.00021 ETH , worth a meager $0.34. Apart from Ether, this address had no other token holding. Contrarily, the address labeled “Vb 2” had more than 201 tokens in possession, worth $191,210, while the Ethereum balance stood over $2.7 million. Around a month ago, the ETH...

Also Read: ETH Price $1,630 Support On The Line, Time To Buy Or Sell Ether? advertisement CEO Brian Armstrong Sold Most Shares According to the real time insider trans action data from Dataroma, some of the top executives at the Crypto exchange , including CEO Brian Armstrong and chief legal officer Paul Grewal, initiated as many as 53 sale trans action s worth over $30 million. These Coinbase stock sale trans action s were carried out between 20 June 2023 and September 1, 2023, whereas the SEC lawsuit was filed on June 6, 2023. In a trans action as recent as September 1, 2023, Brock Lawrence, the company’s chief people officer, sold over 19,000 shares. The SEC had in the lawsuit charged Coinbase with operating the crypto trading platform as an unregistered national securities exchange, broker, and clearing agency. The complaint argued that the exchange had since at least 2019 unlawfully facilitated the buying and selling of crypto asset securiti...