Coinbase Acquires Deribit for $2.9 Billion, Analysts View it as a Significant Challenge to Competitors
The acquisition positions Coinbase as the leading platform in the crypto derivatives market, making it a formidable competitor against Binance.
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The acquisition positions Coinbase as the leading platform in the crypto derivatives market, making it a formidable competitor against Binance.
Coinbase is set to buy Deribit in a significant move into the U.S. crypto derivatives sector, including $700 million in cash and shares.
Major banking institutions have lowered their earnings forecasts for Coinbase in light of a decline in retail trading activity.
Newly released documentation from Coinbase highlights internal SEC discussions about Ethereum's classification during a legal battle.
Coinbase announces a multi-year partnership to become the official crypto sponsor for League of Legends and Valorant esports events.
Movement Labs has suspended co-founder Rushi Manche due to ongoing investigations related to governance and a token dumping incident.
Coinbase is set to suspend trading of Movement's MOVE token, following concerns regarding market practices.
The U.S. cryptocurrency exchange has submitted a brief in a long-standing legal dispute regarding customer transaction records sought by the IRS.
Coinbase's Base network has achieved a significant milestone by being classified as a 'stage 1' rollup, paving the way for better decentralization.
Coinbase's CEO expresses optimism about the future of the crypto market as the company announces plans for a new Bitcoin yield fund targeted at institutional investors.
The Coinbase Bitcoin Yield Fund begins operations on May 1, targeting non-U.S. institutional investors with returns sourced from basis trading initially, and lending strategies to follow.
Coinbase has initiated free exchanges between PayPal's PYUSD stablecoin and U.S. dollars, aiming to enhance on-chain payment adoption amid intensifying competition in the stablecoin market.
Riot Platforms has secured a substantial credit line of $100 million from Coinbase, utilizing bitcoin as collateral for its expansion projects.
Recent analysis suggests that Coinbase is poised to benefit from growing institutional interest in cryptocurrencies, with a targeted stock price of $252.
Zora will launch its ZORA token on April 23, 2025, after gaining traction from a recent promotional campaign.
A recap of key events in the crypto world, highlighted by controversies and changes within major companies.
Three wallets profited by purchasing 'Base is for Everyone' tokens prior to Base's official announcement.
Despite a significant downturn in the cryptocurrency market, Coinbase predicts a potential rebound in the upcoming quarter.
Oppenheimer analysts predict that retail trading on Coinbase will suffer due to uncertainties surrounding President Trump's tariff policies, impacting revenue forecasts until 2025.
According to Coinbase Institutional, the cryptocurrency market is likely entering a phase of prolonged losses and stagnation, as signs indicate the potential for a bear market.
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