Coinbase Global, Inc. is a leading digital currency platform that enables users to buy, sell, and trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and many others. The company provides a user-friendly interface for both individual investors and institutional clients, offering services such as cryptocurrency trading, wallet solutions, and educational resources about the digital currency space. Additionally, Coinbase is involved in the broader blockchain ecosystem, supporting developers and businesses in building applications that utilize cryptocurrency and blockchain technology. Through its innovative offerings, Coinbase aims to make digital currencies accessible and secure for everyone. Read More
A new report by Coinmetrics recapped the most important developments shaping the crypto markets in the year’s second quarter, underscoring the sector’s rebound after a shaky first quarter.
The amount of Bitcoin held on crypto exchanges has dropped significantly, now sitting at just 14.5%—a level not seen since August 2018, according to recent data from Glassnode . This shrinking exchange supply could signal a brewing price jump, as fewer coins available for trading often result in heightened demand pressure.
The amount of Bitcoin held on crypto exchanges has dropped significantly, now sitting at just 14.5%—a level not seen since August 2018, according to recent data from Glassnode . This shrinking exchange supply could signal a brewing price jump, as fewer coins available for trading often result in heightened demand pressure.
PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase's total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year. Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings. Overall, Coinbase's strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase's strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment. Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).
Houston, TX – July 8, 2025 – KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). The agreement […]
Cathie Wood's Ark Investment Management has filed plans to launch four new exchange-traded funds designed to offer downside protection for investors in its flagship ARK Innovation ETF (BATS: ARKK), while placing a cap on potential gains.
LONDON, United Kingdom, July 7, 2025 (iCrowdNewswire) -- In the era of rapid development of cryptocurrency, more and more users are eager to easily participate in the growth opportunities of mainstream currencies such as Bitcoin through cloud mining. However, security and convenience are always the core issues that novices and investors are most concerned about.
n the field of digital asset trading, a new and powerful player is emerging: PhCryptoX, a global digital asset trading platform built by a Singaporean financial brand strategy. With a strong financial background and innovative trading concepts, PhCryptoX is dedicated to reshaping the global digital asset trading landscape, providing top-quality one-stop services to millions of users worldwide.
United States, July 5, 2025 -- B3, an open gaming ecosystem built by Coinbase alums to power the next-gen of gaming experiences, today announced a strategic investment in Andromeda Insights, one of the fastest-growing gaming PC manufacturers with over 1,700% year-over-year growth since launching in 2021. The strategic acquisition positions B3 at the intersection of gaming and premium hardware as it introduces the first elite gaming PC built specifically for the gaming community, launching later this year.
B3, an open gaming ecosystem built by Coinbase alums to power the next-gen of gaming experiences, today announced a strategic investment in Andromeda Insights, one of the fastest-growing gaming PC manufacturers with over 1,700% year-over-year growth since launching in 2021. The strategic acquisition positions B3 at the intersection of gaming and premium hardware as it introduces the first elite gaming PC built specifically for the gaming community, launching later this year.
