South Korean crypto exchange Coinone has reportedly begun selling major shareholder stakes, with Coinbase rumored to be eyeing a strategic entry. Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by chairman Cha Myung-hoon, who controls 53.4% of the company, local news agency Seoul Economic Daily reported on Sunday. “We are discussing partnerships, including equity investments, with overseas exchanges and domestic financial institutions,” Coinone confirmed to the outlet, adding that no final decision has been made. Read more
Bitcoin has fallen nearly 30% since a major market crash in October, while traditional safe havens like gold and silver have soared. Around 70% of institutional investors believe Bitcoin is undervalued when priced between $85,000 to $95,000, as it continues to underperform against precious metals and the stock market, Coinbase has found. Coinbase said in its Charting Crypto Q1 2026 report that its survey of 75 institutional investors and 73 independent investors was taken between early December to early January, found 71% of institutions and 60% of independent investors “feel that [Bitcoin] is undervalued.” A quarter of institutional investors said Bitcoin (BTC) was fairly valued, with its price almost entirely staying within the $85,000 to $95,000 range during the survey period, while the remaining 4% said Bitcoin was overvalued. Bitcoin is currently priced at $87,600, down over 30% from its $126,080 all-time high in October, CoinGecko data shows. Crypto prices have mostly trended sideways and downward sinc...
The fourth-quarter crypto pullback hit ARK ETFs, with Coinbase emerging as the biggest drag on performance. Cathie Wood’s ARK Invest has increased its exposure to crypto-linked equities, adding shares of Coinbase, Circle and Bullish as prices slid across the sector. According to ARK’s daily trade disclosures for Friday, the ARK Innovation ETF (ARKK) purchased 38,854 shares of Coinbase Global Inc., while the ARK Fintech Innovation ETF (ARKF) added another 3,325 shares, acquiring a total of $9.4 million worth of the exchange shares. Coinbase shares closed down 2.77% on the day at $216.95. ARK added a combined 129,446 shares of Circle Internet Group across ARKK and ARKF, a position worth roughly $9.2 million. The firm also added 88,533 shares of Bullish across the same ETFs, investing about $3.2 million. Circle shares were little changed on the day, slipping 0.03% while Bullish shares declined 2% during the session, closing at $35.75. Read more
The independent advisory board, comprising researchers and industry experts, plans to publish papers on digital-security risks and guidance for developers, organizations and users. Coinbase has formed an independent advisory board to assess how advances in quantum computing could affect the cryptography used by major blockchain networks, including Bitcoin and Ethereum. In a Wednesday blog post, Coinbase introduced the advisory board formed by experts in quantum computing, cryptography, distributed systems and blockchain security from academia and industry, including senior researchers from major universities, the Ethereum ecosystem and Coinbase. The board will publish public papers assessing the state of quantum computing and its implications for blockchain systems, issue guidance for developers, organizations and users and respond to major advances in quantum technology with independent analysis. Read more
The policy paper argues that access to capital markets, rather than income or banking, now defines who can build wealth and says tokenization could widen participation. A new Coinbase Institute report argues that the most important divide in global finance is no longer rich versus poor, but between those who have direct access to capital markets and those who do not, which it describes as the “brokered” versus the “unbrokered.” The report estimates that traditional intermediated rails exclude roughly four billion unbrokered individuals from owning productive assets or raising capital at scale. Closing this gap, it argues, will require rebuilding core market infrastructure so smaller investors and issuers can participate directly rather than through layers of intermediaries. According to the report, over the last 40 years in the United States alone, capital income grew 136% while labor income lagged at just 57%. Read more
The partnership builds upon previous work Bermuda’s government has done to attract crypto companies, including the passage of a comprehensive regulatory framework in 2018. The government of Bermuda is planning to create a “fully onchain” national economy using digital asset infrastructure provided through partnerships with cryptocurrency exchange Coinbase and stablecoin issuer Circle. In a Monday announcement from the World Economic Forum Annual Meeting in Davos, Switzerland, Bermuda Premier David Burt and representatives from Coinbase and Circle said the partnership would allow the Caribbean island nation to use the USDC (USDC) stablecoin and Coinbase’s Base infrastructure to develop a new model for the country’s economy. According to the companies and Burt, Bermuda government agencies will begin with a pilot program for “stablecoin-based payments, financial institutions integrating tokenization tools, and residents participating in nationwide digital literacy programs.” Read more
Coinbase CEO Brian Armstrong said the industry is working on several ideas to help community banks in the CLARITY market structure bill. Brian Armstrong, the CEO of crypto exchange Coinbase, denied reports that the White House is considering pulling support for the CLARITY Act, a crypto market structure bill, and also denied rumors that the administration is “furious” with Coinbase. “The White House has been super constructive here. They did ask us to see if we can go figure out a deal with the banks, which we're currently working on,” Armstrong said. On Friday, independent journalist Eleanor Terrett reported a clash between Coinbase and the administration of US President Donald Trump, with the White House threatening to withdraw support for the market structure bill if Coinbase did not resume negotiations. Read more
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards. The White House is considering withdrawing its support for crypto market structure bill following a similar move from crypto exchange Coinbase, according to Fox Business reporter Eleanor Terrett, citing a source close to the Trump administration. In a Sunday post on X, Terrett reported that the White House is furious over Coinbase’s decision to pull its backing for the Digital Asset Market Clarity Act, describing the move as a “unilateral” action that blindsided administration officials. “The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which it apparently was not notified of in advance, calling it a “rug pull” against the White House and the rest of the industry,” she wrote. Read more
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn't “support the bill as written,“ potentially leading to a postponement in consideration. Coinbase CEO Brian Armstrong has weighed in on the future of a cryptocurrency market structure bill under consideration in the US Senate less than 24 hours after he said the exchange could not support the current version of the legislation. In a Thursday CNBC interview in the US Capitol building, Armstrong spoke after posting on X Wednesday that Coinbase was pulling its support for the CLARITY Act, a bill to establish digital asset market structure. Members of the US Senate Banking Committee had been scheduled for a markup of the bill on Thursday, which was postponed following Armstrong’s post. “We developed this concern that if [the bill] went into a markup, the only way to edit some of that base text would have been through an amendment, and amendments had already been submitted,” said the Coinbase CEO. “And so we didn’t think it was prud...
Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation “materially worse” for the US crypto industry. Major US crypto exchange Coinbase says it has withdrawn its support for the Digital Asset Market Clarity Act, with CEO Brian Armstrong arguing that it would cause far more harm than good to the crypto industry in its current form. “This version would be materially worse than the current status quo. We’d rather have no bill than a bad bill. Hopefully we can all get to a better draft,” Armstrong said in an X post on Wednesday. “After reviewing the Senate Banking draft text over the last 48hrs, Coinbase unfortunately can’t support the bill as written,” Armstrong said. Read more
Bank of America has upgraded Coinbase's rating on reversing short interest and tax-loss harvesting, while the exchange is broadening its vision to put the financial system onchain. Bank of America has joined Goldman Sachs in lifting Coinbase from “neutral” to “buy” this week, citing Coinbase’s lead role in bringing the financial system on-chain and becoming an “everything exchange.” In a research note released on Thursday, BofA said Coinbase’s expansion from trading to tokenizing real-world assets, including stocks and exchange-traded funds, as well as its move into prediction markets, is positioning it to cross-sell more products to new and future users and lead a “new financial system.” BofA said Coinbase (COIN) shares could rise around 38% from their current price to reach $340 as short interest in COIN reverses, while the tax-loss harvesting pressure seen in late Q4 is easing. Read more
How an onchain investigator linked a Coinbase impersonation scam to $2 million in losses and why social engineering remains the real risk. A convincing “Coinbase support” impersonation campaign was linked by onchain investigator ZachXBT to roughly $2 million in stolen crypto. The attribution relied on corroboration across multiple signals, including onchain activity and Telegram or social media footprints rather than a single “magic” transaction. Coinbase says its real support team will never ask for your password or 2FA codes or request that you move funds to a so-called “safe” address. Read more