Coinbase earnings: Wall Street divided on trading rebound after Robinhood crypto revenue sinks 55%
Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue.
FOLLOW THE THREAD · PUBLIC SOURCECoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Latest stories from CoinDesk. Read, like, and join the conversation.
Coinbase faces a key earnings test as analysts debate the strength of its trading rebound following a sharp drop in Robinhood's crypto revenue.
Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantum-proof key and a separate debate over lost coins.
Coinbase now allows users to borrow the USDC stablecoin against their bitcoin at a fixed interest rate and repayment date.
Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.
Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.
"Coinbase for Agents" is a new platform that lets AI assistants like ChatGPT and Claude connect to users’ Coinbase accounts to trade crypto, access data and eventually make payments and purchases autonomously.
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.
Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.
A Coinbase executive called on regulators to implement sensible crypto regulation, while announcing the Stand With Crypto event taking place in over 500 locations worldwide.
The revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.
Coinbase will manage USDC liquidity on Hyperliquid, deepening ties with one of crypto’s fastest-growing trading platforms.
Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.
Coinbase says the outage has been fully resolved but that it will investigate the incident fully.
Coinbase adding DFlow as its primary router will mean eight times less trade failures.
Bitcoin's Coinbase premium has been positive for 14 straight days, the longest bullish streak since BTC hit its all time high of $126,000 in October.
Cantor Fitzgerald analysts said the market is treating recent trading slumps as old news, shifting focus instead toward prediction markets and new product launches to drive the next leg of growth for Coinbase and Robinhood.
Prediction market platform Kalshi is moving onto Coinbase’s turf by launching crypto perpetual futures, aiming to capture the massive demand for digital asset derivatives within a regulated U.S. framework.
Cantor Fitzgerald says Robinhood and Coinbase are best positioned to dominate the prediction market space by leveraging their massive retail scale and existing trading infrastructure.
Tom Duff Gordon exited to join OpenAI as head of EMEA Policy, a spokesperson for Coinbase said.
Coinbase’s conditional OCC approval moves it closer to operating as a federally regulated crypto custodian, pending compliance and final review.