Following an upgrade by JPMorgan Chase, which revealed additional monetization prospects related to Coinbase’s Base network and USDC payment approach, Coinbase Global Inc. (COIN) shares surged on Friday. Analysts at the bank upgraded the stock from “Neutral” to “Overweight” and set a new price objective of $404 per share, representing
Private stablecoin transactions on the Ethereum layer-2 Base are getting closer to becoming viable, according to Coinbase CEO Brian Armstrong. This might provide a much-needed boost to privacy on public blockchains. Coinbase purchased crypto privacy startup Iron Fish in March to fulfill its aim of “Base is building private transactions,”
The recent financial crisis in the cryptocurrency market revealed that there are major disparities between decentralized and centralized trading platforms. Hyperliquid DEX proved to be highly resilient as the big exchanges had technical problems. The volatility in the digital asset markets this week was caused by the announcement by Trump
A whale wallet has deposited as many as 200k Solana tokens to an exchange platform. The move comes at a time when SOL price plummeted over 24 hours, and more broadly over 7 days. Deposit of Solana tokens to a platform has triggered liquidation fears among the community. Solana Tokens
Coinbase, a top US crypto exchange, just launched a new way for users to earn money on their USDC stablecoin by teaming up with DeFi platform Morpho. This lets customers make returns without leaving the Coinbase app. New Lending Opportunities for USDC Holders The exchange shared that USDC deposits go
Coinbase CEO Brian Armstrong made waves today with a bold prediction that Bitcoin could hit $1 million by 2030. Speaking on the “Cheeky Pint” podcast with Stripe co-founder John Collison, Armstrong shared his thoughts, which he later posted on X. He pointed to growing U.S.regulations and global interest in Bitcoin
The management of CoinDCX has vehemently rejected the rumours of a possible acquisition by the American cryptocurrency giant Coinbase. CEO Sumit Gupta denied publicly that the Indian exchange was in talks of a $900 million acquisition deal. The rumours came after a major security breach, which resulted in the platform
ARK Invest is going through a major shift as they are twisting the firm’s fund portfolio. The company, led by Cathie Wood, made a significant portfolio rearrangement, selling off Coinbase and Roblox stock worth $148 million to purchase Ethereum treasury company Bitmine worth $174 million. Cathie Wood Pivots Toward Ethereum
Just now, Coinbase (COIN) shares surpassed its previous ATH, which was set during its first public offering (IPO) in 2021. Given that stablecoins are integral to Coinbase’s business model, this news arrives just in time for today’s GENIUS Act signing at the White House, which bodes well for the company.
The spectacular surge in app store ratings by Coinbase has sparked a new discussion on whether retail investors are coming back to cryptocurrency markets. The trading platform has gained 65% in the US Apple App Store ranking over the last month, moving up the list to 137th place after being
