Month: February 2025

Coinbase shares jump 8% as reported revenue beats expectations

Shares of U.S. crypto exchange Coinbase jumped over 8% on Thursday after the company posted stronger-than-expected Q4 earnings. Cryptocurrency exchange Coinbase saw its shares jump 8.44% to $298.11 on Thursday, Feb. 13, after reporting its strongest quarterly revenue in three…...
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Michigan joins crypto reserve race with House Bill 4087

A bill to establish a strategic crypto reserve has been introduced in Michigan, making it the 20th state to consider a digital currency-backed reserve. Presented by Representatives Bryan Posthumus and Ron Robinson on Feb. 13, House Bill 4087 proposes allowing…...
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Brian Armstrong Wants To Handle Growing Volumes Of Memecoins By Adding DEXes Into Coinbase: ‘A Little Bit Like The Early Days Of The Internet’

Brian Armstrong, the CEO of Coinbase Global Inc. (NASDAQ:COIN), has voiced the necessity for a reevaluation of the company’s token listing process amid a surge in meme coin launches. What Happened: During the company’s fourth-quarter 2024 earnings call, Armstrong highlighted the cryptocurrency industry’s significant transformation, with an estimated 1 million...
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Will Crypto Markets React to $2B Bitcoin Options Expiring 

Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2 billion. This week’s expiry event is a little smaller than last week’s, which had very little impact on spot markets, which have lacked luster despite the steady stream of...
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