Analyst Sees 75% Chance Crypto Cycle Has Turned as Bitcoin Pulls Back
Bitcoin’s rebound has raised the prospect that the broader crypto market has passed its bear-market low. A Sept. 28 analyst report puts the probability of a cycle turn at 75%,…
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Banking Giant Citi Taps Coinbase to Turn Stablecoins Into Cash
Citigroup is teaming up with Coinbase to let corporate clients accept stablecoin payments without having to handle the tokens themselves. Coinbase will provide the blockchain infrastructure, while Citi converts incoming…
Peter Brandt Predicts $8,600 ETH, Coinbase Adds IPO Share Trading, And More – Week In Review
This week’s stories spanned politics, markets, Bitcoin history and exchange expansion. Trump-linked accounts bought MSTR near its lows before an 80% rebound, while Peter Brandt said ETH could reach $8,600…
Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facility, releasing the lender’s claims on the bitcoin assets pledged to secure…
Musk’s Grok Is Out-Trading ChatGPT 40 to 1 Among Coinbase AI Agents
Elon Musk’s Grok placed 59.5% of all AI agent trading volume on Coinbase in the week leading up to Sept. 21, nearly 40 times ChatGPT’s meager 1.5% share. The Scoreboard…
100 Coinbase Users Trusted Fake Support and Lost Nearly $16M
A Brooklyn man who posed as a Coinbase representative and stole nearly $16 million from about 100 people has been sentenced to four to 12 years in prison. A judge…
British Banking Lobby UK Finance Expels Coinbase
British trade association UK Finance expelled U.S. crypto exchange giant Coinbase from its membership after an internal evaluation concluded that standalone crypto exchanges fail to meet core inclusion standards. Membership…
Coinbase CEO Brian Armstrong Challenges Banks as Stablecoin Rewards Fight Grows
Coinbase CEO Brian Armstrong says USDC rewards should not be treated like bank-deposit interest, arguing that fully reserved stablecoins pose fundamentally different risks from fractional-reserve banking. His comments sharpen a…
Coinbase and Morpho Make Bitcoin-Backed Loans More Predictable
Coinbase just gave bitcoin holders something borrowers usually expect from a bank. Customers can now borrow USDC against their bitcoin while locking in the interest rate and repayment date before…
Brian Armstrong: CLARITY Act Failure Could Benefit Coinbase
Coinbase CEO Brian Armstrong believes the US Senate’s failure to advance the CLARITY Act could benefit his exchange by keeping major Wall Street firms from entering the crypto market under…