Coinbase

On August 19-20, 2026, President Donald Trump announced at a White House press conference that the CFTC, under Chair Michael Selig, is working to bring decentralized exchange Hyperliquid into the U.S. in a compliant manner. This triggered a surge in Hyperliquid Strategies shares (PURR, up 30%) and its HYPE token (up 23% to $71.9). Options volume spiked eightfold, with suspicious pre-announcement call buying raising insider trading concerns. Competitors like Cboe and CME fell, while Bitcoin pushed toward $70,000. Hyperliquid later reported strong earnings, with PURR hitting a new all-time high of $14.14.

6 reports · 2 sources · Updated Aug 28, 06:30 PM UTC

President Donald Trump's June 2026 financial disclosure, published by the US Office of Government Ethics, shows over 1,000 securities trades valued between $78.1 million and $263.1 million, including purchases of Berkshire Hathaway, Visa, Mastercard, and SpaceX. The largest single trade was a Vanguard ETF sale. Democrats questioned the volume and transparency, while the White House stated investments are independently managed in a blind trust. Trump also made over 21,000 trades in 2025, valued up to $1.86 billion.

5 reports · 3 sources · Updated Aug 23, 04:02 PM UTC

On August 19-20, 2026, President Donald Trump met with top cryptocurrency executives at the White House, urging Congress to pass the stalled CLARITY Act, which would establish a regulatory framework for digital assets. The meeting sparked a broad crypto rally, with Bitcoin surging above $71,000 and Ether rising over 18%. The bill, which passed the House in July 2025, remains stalled in the Senate over ethics provisions. A procedural vote is set for September 15.

9 reports · 2 sources · Updated Aug 22, 09:45 AM UTC

On August 19-20, 2026, Bitcoin surged from near $57,735 to over $72,000, driven by a massive short squeeze that liquidated over $3 billion in crypto positions. The rally was fueled by the U.S. Treasury’s announcement to double long-bond buybacks (loosening financial conditions) and President Trump’s White House meeting with crypto executives, where he vowed pro-crypto policies. Bitcoin hit $71,385–$72,000, with Ethereum and XRP rising 19% each. Total crypto market cap reached $2.52 trillion.

22 reports · 4 sources · Updated Aug 27, 06:42 PM UTC

New York State, led by Attorney General Letitia James and Governor Kathy Hochul, filed a lawsuit against prediction market platform Kalshi, alleging it operates an unlicensed gambling business in violation of state law. The suit seeks a permanent injunction, restitution, and penalties, including $100,000 per unauthorized sports wager. Kalshi argues it is a federally licensed exchange regulated by the CFTC, which filed to block New York’s enforcement. The case highlights a broader federal-state conflict over prediction market regulation and tax disparities.

16 reports · 5 sources · Updated Aug 12, 02:17 PM UTC

On July 23, 2026, cryptocurrency exchange BitMEX announced it will cease operations on September 23, 2026, following a strategic review by owner HDR Global Trading. New sign-ups have halted, and trading will be restricted after August 26. Hours after the announcement, a class-action lawsuit was filed in New York alleging forced liquidations, theft of Bitcoin, and insider trading by co-founders Arthur Hayes, Ben Delo, and Samuel Reed. The exchange, which pioneered perpetual swaps, had previously pleaded guilty to Bank Secrecy Act violations and paid $100 million in penalties.

13 reports · 1 sources · Updated Aug 3, 02:36 PM UTC

Coinbase Global reported Q2 2026 earnings on July 30, missing Wall Street estimates with $1.22 billion in revenue and a net loss of $359.5 million ($1.36 per share). Transaction revenue fell 21% quarter-over-quarter to $599 million amid a broader crypto market downturn, with Bitcoin sliding below $63,000. The stock dropped up to 15% following the report. Despite the losses, subscription and services revenue remained resilient at $555 million, and adjusted EBITDA stayed positive for the 14th consecutive quarter.

6 reports · 2 sources · Updated Jul 31, 05:41 PM UTC

Robinhood launched its new blockchain, Robinhood Chain, on July 1, 2026, and within three weeks it attracted $450 million in total value locked and processed over 95 million transactions, according to Robinhood Crypto GM Johann Kerbrat. The company is leveraging its 26 million funded accounts to drive adoption of onchain finance products, including stablecoin lending (which has already drawn $100 million at ~7% APY) and tokenized stocks available in 120+ countries. Robinhood is also embracing memecoin activity to bring liquidity and market makers to the chain. The blockchain was built in partnership with Arbitrum, focusing on fast transactions and low fees. The initiative positions Robinhood in direct competition with Coinbase's Base blockchain, aiming to offer 24/7 trading and instant settlement for traditional assets like stocks, real estate, and private equity in the future.

1 reports · 1 sources · Updated Jul 28, 04:57 PM UTC

Eligible Fidelity Investments customers have until the end of July 27, 2026, to file claims in a $2.5 million class-action settlement tied to a 2024 data breach. The breach, occurring between August 17-19, 2024, exposed personal information of over 77,000 customers, including account and routing numbers. Plaintiffs alleged Fidelity failed to adequately protect data and delayed notification by about two months. Fidelity denied wrongdoing but agreed to settle. Customers with documented out-of-pocket losses can receive up to $5,000, while those without documented losses may receive a pro rata cash payment estimated around $100. The article also notes that financial firms remain prime cyber targets, citing a separate Coinbase customer data breach in May 2026 where attackers bribed customer support contractors.

1 reports · 1 sources · Updated Jul 27, 11:07 PM UTC

CME Group launched cash-settled single-stock futures on 55 U.S. equities, including SpaceX and Micron Technology, along with micro-sized contracts on 22 names. The contracts trade on CME's Globex platform from Sunday evening through Friday afternoon with a one-hour daily maintenance break, allowing nearly 24-hour trading. Standard contracts represent 100 shares, micro contracts 10 shares. CME says the products offer a simpler way to express bullish or bearish views than options, without time decay or changing implied volatility, and require only margin capital. Morgan Stanley noted over 35 retail partners targeting day-one readiness. The launch comes as perpetual futures on overseas exchanges pose a rising threat to traditional trading, with CFTC recently approving crypto-related 'perps' for Kalshi and Coinbase.

1 reports · 1 sources · Updated Jul 27, 03:32 PM UTC

On July 26, 2026, Republicans released a revised Crypto Clarity Act draft, drawing support from Goldman Sachs CEO David Solomon, who broke with other Wall Street leaders to back the bill. Solomon argued it creates a level playing field and market stability. However, seven Senate Democrats, including Cory Booker and Mark Warner, issued a joint statement saying the bill 'falls short' on ethics, consumer protection, and market integrity. Senator Elizabeth Warren declared the bill 'dead on arrival,' claiming it allows President Trump to profit from crypto. Senator Kirsten Gillibrand, a key negotiator, was notably absent from the Democratic statement. Coinbase CEO Brian Armstrong urged a full Senate vote, while banking trade groups remain opposed, warning the bill risks local lending. Senator Cynthia Lummis defended the bill as legitimate, citing Trump's agreement to ethics standards.

1 reports · 1 sources · Updated Jul 26, 05:30 PM UTC

BlackRock, Strategy (MicroStrategy), and Coinbase have joined forces with Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy to launch the Bitcoin Security Consortium, a $15 million initiative focused on Bitcoin's long-term security. The consortium will fund developers, researchers, and organizations working on Bitcoin's security over three years, with each member independently deciding where its capital goes rather than using a central grant committee. The first priority is post-quantum cryptography research, as large-scale quantum computers capable of breaking Bitcoin's cryptography are not yet a reality but pose a future risk. The group will not direct Bitcoin's protocol or endorse specific upgrades but aims to support existing work and provide public information on security progress. Brink Executive Director Mike Schmidt will coordinate the consortium voluntarily. The initiative reflects growing institutional concern about quantum computing threats to cryptocurrency networks.

1 reports · 1 sources · Updated Jul 23, 04:25 PM UTC

BlackRock, Strategy (formerly MicroStrategy), and Coinbase have joined a $15 million Bitcoin Security Consortium to fund long-term security research for the Bitcoin network, with a primary focus on post-quantum cryptography. Other founding members include Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets, and Galaxy. Each member will independently decide where its capital goes, rather than through a central grant committee. Brink Executive Director Mike Schmidt will coordinate the consortium voluntarily. The group will not direct Bitcoin's protocol or endorse specific upgrades but aims to support existing development work and publish materials to inform investors and the public about Bitcoin's security progress. The initiative addresses the long-term cryptographic threat of quantum computing without treating it as an immediate market risk. Bitcoin was trading at $65,008 at the time of reporting.

1 reports · 1 sources · Updated Jul 23, 04:25 PM UTC

Coinbase, the largest US crypto exchange, opened a new office at One Raffles Quay in Singapore and plans to grow its local headcount to 200 by end of 2026, focusing on engineering, sales, and customer service. This expansion occurs despite a 14% global staff reduction announced in May 2026 as part of cost management. The move underscores Singapore’s role as a trusted digital asset hub and Coinbase’s commitment to the Asia-Pacific region.

6 reports · 2 sources · Updated Jul 23, 02:00 PM UTC

Nasdaq reported second-quarter 2026 earnings that exceeded analyst forecasts, driven by the record-setting SpaceX IPO and strong data revenue. Net revenue reached $1.5 billion, a 15% increase, with the capital access platforms segment earning $621 million, up 19%. Adjusted earnings per share were $1.07, beating the consensus estimate of $0.98. Market services revenue rose 11% to $340 million, boosted by active trading amid U.S.-Iran war news and AI sector volatility. Financial technology revenue climbed 16% to $539 million. Despite strong results, Nasdaq's stock is down over 6% year-to-date due to concerns that the CFTC allowing Kalshi and Coinbase to offer crypto perpetual futures threatens traditional exchanges. Nasdaq also announced a quarterly dividend of $0.31 per share.

1 reports · 1 sources · Updated Jul 23, 01:09 PM UTC

Coinbase has invested in a project to tokenize Mubadala, Abu Dhabi's sovereign wealth fund. Infrastructure provider KAIO will build the necessary blockchain architecture to create a tokenized version of Mubadala's private-markets fund. This initiative represents a significant step in bringing traditional sovereign wealth assets onto blockchain platforms, potentially increasing liquidity and accessibility for investors. The partnership highlights the growing intersection between major cryptocurrency exchanges and state-owned investment vehicles in the Middle East.

1 reports · 1 sources · Updated Jul 23, 11:45 AM UTC

A new draft of the Clarity Act, a 600-plus page cryptocurrency bill approved by Republicans, would impose temporary ethics rules banning public officials, including President Donald Trump, from issuing or sponsoring digital assets until 2029. The provision could restrict Trump from further profiting from his crypto businesses, which earned an estimated $1.4 billion last year. The bill would also require officials to place existing crypto assets in blind trusts or divest them. However, Democrats oppose the measure because it tasks the Justice Department with enforcement while barring state attorneys general from acting. Sen. Angela Alsobrooks (D-Md.) called the enforcement plan 'wild and unserious.' With no Democratic support and the Senate set to leave for August recess, the bill is unlikely to reach the 60 votes needed to advance.

1 reports · 1 sources · Updated Jul 22, 07:35 PM UTC

Coinbase has settled a Freedom of Information Act (FOIA) lawsuit against the U.S. Securities and Exchange Commission (SEC), according to a Wall Street Journal op-ed by Coinbase's chief legal officer Paul Grewal. The lawsuit sought records from the SEC, including text messages between former Chair Gary Gensler and other officials that the agency said were 'automatically wiped' due to data retention policies. As part of the settlement, the SEC will pay $150,000 and revise its record-retention policies. Coinbase originally sued the SEC and the FDIC in 2024, alleging a coordinated effort by U.S. regulators to suppress crypto companies. The settlement follows major wins for Coinbase under President Donald Trump, including the dismissal of a prior SEC lawsuit and the passage of a stablecoin bill. The SEC did not immediately comment.

1 reports · 1 sources · Updated Jul 22, 10:41 AM UTC

Coinbase has settled a Freedom of Information Act (FOIA) lawsuit against the U.S. Securities and Exchange Commission (SEC), according to a Wall Street Journal op-ed by Coinbase's chief legal officer, Paul Grewal. The lawsuit sought records from the SEC, including text messages between former Chair Gary Gensler and other officials that the agency said were 'automatically wiped' due to its data retention policies. As part of the settlement, the SEC will pay $150,000 and reform its record-retention policies. Coinbase originally sued the SEC and the FDIC in 2024, alleging a coordinated effort by U.S. regulators to suppress crypto companies. The exchange has since achieved significant legal victories under President Donald Trump, including the dismissal of a major SEC enforcement action and the passage of a stablecoin bill in Congress.

1 reports · 1 sources · Updated Jul 22, 10:41 AM UTC

Movement Labs, the developer behind the Movement blockchain, filed for Chapter 11 bankruptcy protection in the U.S. on July 15, 2026, following a turbulent year triggered by its controversial MOVE token launch. The token collapsed after allegations that a market maker rapidly sold 66 million MOVE tokens, leading to a sharp price decline. Coinbase suspended trading, and co-founder Rushi Manche was suspended amid an investigation. The company attempted a strategic pivot in June 2026 toward cross-border payments and stablecoin settlement, but the measures failed to prevent bankruptcy. MOVE now trades at about $0.011, down 99% from its all-time high. The company reported assets between $100,001 and $1 million and liabilities of $1 million to $10 million, with 200 to 999 creditors.

1 reports · 1 sources · Updated Jul 21, 09:38 PM UTC

As Bitcoin jumped to its highest level since mid-June, options traders are piling into bullish bets on crypto-exposed stocks, particularly Coinbase Global. Coinbase shares rallied 11% to around $178 after dipping below $150 earlier in July. Over $100 million in options premium traded on Coinbase by midday Tuesday, with $80 million in calls. The most popular contract was the 190-strike call expiring Friday, requiring a 7.5% rally. Robinhood Markets also saw heavy call buying, with 125,000 calls out of 170,000 total contracts. The iShares Bitcoin Trust ETF (IBIT) showed more than twice as many calls bought as puts, while Strategy (formerly MicroStrategy) saw twice as many calls as puts traded. The bullish options activity suggests traders anticipate a sustained crypto rebound after nearly a year of waiting.

1 reports · 1 sources · Updated Jul 21, 07:09 PM UTC

On July 20, 2026, nearly $686 million worth of Bitcoin was withdrawn from Binance, Coinbase, and Bybit in a single trading session, with Binance alone seeing a $570 million outflow, its largest since April. CryptoQuant flagged the synchronized withdrawals as broad-based accumulation, reducing available supply on exchanges and potentially easing selling pressure. However, the article notes a bearish counterpoint: over the past 30 days, approximately $2.3 billion in stablecoins also left Binance and Bybit, indicating capital may be exiting the market entirely. The Coinbase Premium Index remains negative, signaling weak US institutional demand, and recent top buyers are holding significant losses. The Federal Reserve's upcoming meeting on July 28-29 adds further uncertainty, with markets pricing a 70% chance of a rate hold.

1 reports · 1 sources · Updated Jul 21, 05:07 PM UTC

On July 20, 2026, nearly $686 million worth of Bitcoin was withdrawn from major exchanges Binance, Coinbase, and Bybit in a single trading session, with Binance alone seeing a $570 million net outflow, its largest since April. CryptoQuant flagged the synchronized withdrawals as indicating broad-based accumulation rather than a platform-specific event. Bitcoin traded at approximately $65,267, up nearly 1% in 24 hours. The outflow is seen as a bullish signal, reducing available supply for selling. However, the article notes a bearish counterpoint: over the past 30 days, roughly $2.3 billion in stablecoins left Binance and Bybit, suggesting capital is stepping back from the market. The Coinbase Premium Index remains negative, indicating weak US institutional demand, and recent top buyers are holding significant losses. The Federal Reserve's upcoming meeting adds further uncertainty.

1 reports · 1 sources · Updated Jul 21, 05:07 PM UTC

The UK Parliament's Crypto and Digital Assets All-Party Parliamentary Group (APPG) has launched a formal inquiry into why banks refuse to open accounts and block payments for crypto businesses. Co-chaired by Lord Vaizey and Labour MP Gurinder Singh Josan, the inquiry will accept written evidence until August 31 and aims to publish recommendations before the FCA's mandatory crypto regime begins in October 2027. Research from the UK Cryptoasset Business Council found roughly 40% of payments to crypto exchanges were blocked or delayed by UK banks, with one platform reporting almost £1 billion in rejected transactions during 2025. The inquiry will examine why FCA-registered businesses continue facing banking hurdles despite regulatory progress, and will compare the UK's approach with the US, Hong Kong, Australia, and the European Union. The move tests whether the UK's ambition to become a global digital asset hub can survive banking restrictions, especially as the new government under Prime Minister Andy Burnham takes office.

1 reports · 1 sources · Updated Jul 21, 04:30 PM UTC

The article analyzes the launch of Open USD (OUSD), a stablecoin backed by a consortium of over 140 participants including Visa, Mastercard, Stripe, Coinbase, and BlackRock. OUSD differentiates itself by sharing reserve earnings with consortium members, creating a financial incentive for distribution through exchanges, wallets, and merchant services. This model intensifies competition against established incumbents USDT and USDC, which maintain advantages through liquidity depth and exchange listings. Experts interviewed include Louisa Bai (Mysten Labs), Marc Boiron (Polygon Labs), and Kevin Cui (OSL Group). The article notes that different stablecoins will serve different use cases—PYUSD for consumer payments, OUSD for business settlement, exchange-backed coins for trading. Regional demand analysis highlights Latin America as the strongest market for stablecoin adoption due to currency instability and high remittance costs, with the Gulf as an early regulatory leader and Japan building bank-connected products.

1 reports · 1 sources · Updated Jul 21, 03:46 PM UTC

The article analyzes the launch of Open USD (OUSD), a new stablecoin backed by a consortium of over 140 participants including Visa, Mastercard, Stripe, Coinbase, and BlackRock. OUSD differentiates itself by sharing reserve earnings with consortium members, creating a financial incentive for distribution through exchanges, wallets, and merchant services. This model challenges established incumbents USDT and USDC, which maintain advantages through liquidity depth and exchange listings. Experts interviewed note that different stablecoins will serve different use cases—PYUSD for consumer payments, OUSD for business settlement, exchange-backed coins for trading, and bank-supported assets for treasury management. Regional demand varies, with Latin America leading in everyday stablecoin use for savings and cross-border payments due to currency instability and high remittance costs. The Gulf region is an early regulatory leader, Japan builds bank-connected products, and the US gains more room for regulated issuance.

1 reports · 1 sources · Updated Jul 21, 03:46 PM UTC

On July 21, 2026, crypto-related stocks rallied sharply as Bitcoin rose 4% to $66,808 and the U.S. Clarity Act vote approached. Coinbase surged 11% to $178, benefiting from regulatory optimism and institutional accumulation. Strategy (formerly Microstrategy) gained 5% to $103, supported by its Bitcoin accumulation strategy funded through share sales. Hut 8 rose 5% to $106, driven by the full commercialization of its AI facility at Beacon Point, adding a growth story beyond crypto mining. The iShares Bitcoin Trust ETF also rose 3% to $38. The article notes that the sustainability of these gains depends on the Clarity Act vote outcome and Bitcoin holding its price levels.

1 reports · 1 sources · Updated Jul 21, 03:07 PM UTC

On July 21, 2026, crypto-related stocks saw significant gains as Bitcoin rose 4% to $66,808. Coinbase surged 11% to $178, while Strategy (formerly Microstrategy) and Hut 8 each gained 5% to $103 and $106 respectively. The iShares Bitcoin Trust ETF also rose 3% to $38. The rally is driven by a friendlier U.S. policy backdrop as the Clarity Act vote approaches, along with company-specific catalysts. Coinbase benefits from regulatory optimism and increased trading activity. Strategy continues to sell shares to fund Bitcoin accumulation, acting as a leveraged play on crypto. Hut 8 gains from its fully commercialized AI facility, offering a growth story beyond crypto mining. The article notes that the sustainability of these gains depends on the Clarity Act vote outcome and Bitcoin holding its price levels.

1 reports · 1 sources · Updated Jul 21, 03:07 PM UTC

Coinbase Canada CEO Eric Richmond, speaking at the Blockchain Futurist Conference in Toronto, predicted that stablecoin-powered AI agents could see significant growth within months rather than years, arguing that traditional payment systems are not designed for autonomous software. He also announced that Coinbase plans to launch crypto derivatives for eligible Canadian 'permitted clients' within weeks, marking the first step beyond spot trading. Richmond outlined a longer-term 'everything exchange' strategy to unite crypto, cash, and equities in a single account, and said Coinbase is targeting CIRO dealer status in early 2027 to expand its Canadian offerings.

1 reports · 1 sources · Updated Jul 21, 02:53 PM UTC

XRP holders face a critical two-day countdown as Senator Elizabeth Warren's July 23 deadline for President Trump to disclose personal crypto earnings intersects with the fate of the CLARITY Act. The Digital Asset Market Clarity Act would codify XRP's commodity classification into permanent federal law, replacing a reversible SEC/CFTC interpretation. The bill passed the House 294-134 and cleared the Senate Banking Committee but requires 60 votes in the Senate, where Republicans hold 53 seats but need 7-9 Democratic votes with only about 2 secured. Three disputes are holding up a floor vote: Warren's disclosure request, DeFi developer protections from money-laundering rules, and a Coinbase-versus-banks fight over stablecoin rewards. Missing the August 7 recess deadline could push crypto legislation to 2030. Polymarket traders price 2026 passage odds at 43%. XRP trades around $1.14, down 39.46% year to date.

1 reports · 1 sources · Updated Jul 21, 02:45 PM UTC