Bagikan artikel ini
Coinbase's 20% Decline Leads Crypto Names Lower Following Report of SEC Probe
Bitcoin is lower by 3% on Tuesday, with ether and Solana's SOL down by about 7%.
Oleh Michael Bellusci
Crypto exchange Coinbase (COIN) is plunging on Tuesday alongside sharp declines for cryptocurrencies following a Monday night report that the SEC is investigating the company for allowing Americans to trade in tokens that should have been registered as securities.
“Coinbase was considered one of the better-run crypto companies that tried to obey the rules and work with the regulatory bodies,” Edward Moya, senior markets analyst at Oanda said in a note Tuesday. “The risk of tougher regulation has been a constant headache for crypto, and it seems that a couple of tough rulings could cripple a good portion of the cryptoverse," he added. "If some cryptos are deemed securities, that would make the life of so many brokerages so much harder."
STORY CONTINUES BELOW
Jangan lewatkan cerita lainnya.Berlangganan Newsletter Crypto Daybook Americas hari ini. Lihat semua newsletter
While Coinbase is hardest hit, with a 20% drop late on Tuesday afternoon, related players like MicroStrategy (MSTR) and Marathon Digital (MARA) are also suffering sizable declines of roughly 11%.
Checking cryptocurrencies themselves, bitcoin (BTC) – possibly the only crypto the SEC may not deem a security – is outperforming with a 3% decline. Ether (ETH) and Solana's SOL (SOL) are off closer to 7%.
"While the digital asset industry was born and grew outside of any real scrutiny by the SEC, that appears to have changed," Tyler Gellasch, executive director of the Healthy Markets Association, told CoinDesk. "It’s an existential threat to crypto exchanges and brokers, because many of their current revenue streams are either likely dramatically reduced or outright prohibited in the securities world."
Read more: Jefferies Downgrades MicroStrategy to 'Underperform;' Shares Slump
Lebih untuk Anda
Yang perlu diketahui:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Lebih untuk Anda
Coinbase rolls out stock trading, prediction markets and more in bid to become the ‘Everything Exchange’
Coinbase is dramatically expanding the assets available to trade on its platform, including novel cryptocurrencies, perpetual futures, stocks and prediction markets, starting with Kalshi.
Yang perlu diketahui:
- Coinbase is expanding offerings on its platform, introducing hundreds of top stocks based on market cap, trading volume, etc, with plans to add thousands of additional stocks and ETFs over the coming months.
- Coinbase users will also be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators, starting with Kalshi and more to be integrated over time.
- A new AI-driven wealth management advisory service has been introduced, as well as Coinbase Business to help startups and small businesses incorporate crypto.
Top Stories
