Section
Crypto
Coinbase Q1 revenue misses as volume drops, market share hits 8.6% record
Coinbase reported $1.4bn in Q1 revenue, missing consensus of $1.56bn, as crypto trading volumes declined more than 20 per cent quarter-over-quarter. But spot market share hit a record 8.6 per cent and stablecoin revenue rose 55 per cent year-over-year to $305m.
Bitcoin stalls below $83,000 as altcoins flash bullish rotation
Bitcoin paused near $80,945 on Thursday, shy of Wednesday's $82,800 three-month high, as ether slid below $2,400 and altcoins led by TON, ALGO and the DeFi sector posted outsized gains.
Bitcoin slips to $79,614 as negative funding rates set 10-year record
Bitcoin slipped to $79,614 on Friday as negative funding rates in crypto futures markets extended to a record 67 consecutive days.
Hayes calls $60,000 Bitcoin floor as Lee eyes May close above $76,000
BitMEX co-founder Arthur Hayes reiterates a $1 million by 2028 Bitcoin target, calling $60,000 a structural floor. Fundstrat's Tom Lee separately argues a third consecutive monthly close above $76,000 would end the 2026 bear market.
Coinbase opens 24/7 gold and silver perpetual futures with up to 25x leverage
Coinbase listed GOLD-PERP and SILVER-PERP perpetual futures on Tuesday, with up to 25x leverage on spot gold and 20x on silver, settled in USDC. The contracts are not yet available to US users; Coinbase says it is working with the CFTC on a 24/7 metals listing through Coinbase Derivatives Exchange.
Kraken parent Payward to buy stablecoin payments firm Reap for $600m, deepens Asia push
Kraken's parent Payward agreed to buy Hong Kong-based stablecoin payments firm Reap Technologies for up to $600m in cash and stock at a $20bn valuation, its largest deal yet and a clear signal of the IPO pitch: financial infrastructure, not a spot exchange.
AWS launches AgentCore Payments with Coinbase, Stripe; USDC settles AI agent transactions
Amazon Bedrock AgentCore Payments lets AI agents hold wallets, sign their own transactions and settle in USDC on Coinbase's Base network in roughly 200 milliseconds. Coinbase and Stripe sit on opposite sides of the rail.
