Coinbase

GameStop turned its $368 million bitcoin stash into an options income play
The video retailer sparked speculations of selling bitcoin after it transferred nearly all its coins to Coinbase Prime in January.

Coinbase, Fannie Mae bring crypto-backed mortgages to homebuyers
The crypto exchange is working with financial technology mortgage firm Better, a Fannie Mae-approved mortgage seller.

Market structure bill compromise draws wide-ranging reaction from fractured crypto crowd
The yield agreement, seen as a step toward finally advancing the stalled market structure bill, hasn't yet fully won industry support.

Elon Musk's X hires crypto-savvy design lead as X Money payments push inches closer
Benji Taylor, former CPO at Aave Labs and design head at Coinbase's Base, brings self-custody wallet and DeFi product experience to the social media platform.

Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts
The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power toward Circle and away from Coinbase.

Circle stock tumbles 20% on newest Clarity Act draft
Circle shares fell 20% and Coinbase dropped about 10% after a draft of the U.S. Clarity Act raised the prospect of strict limits on stablecoin yield. The sell-off also comes as rival Tether moved to bolster confidence by hiring a Big Four accounting firm for a full audit. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.

Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards
The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.

Bitcoin slips below $70,000, Circle's 16% slide leads crypto stock sell-off
Market participants are now pricing in rate hikes, and it could be weighing on risk assets.

Coinbase says the ‘second wave’ of crypto investors are prioritizing income over price appreciation
Coinbase’s head of institutional, Brett Tejpaul, says institutional priorities in crypto are evolving, and investors are increasingly hunting for yield.

Coinbase introduces stock perpetual futures contracts for non-U.S. customers
The contracts trade 24/7, are cash-settled in USDC and allow for up to 10-times leverage on single-stock contracts and 20-times on ETF products.

