Coinbase Acquires Deribit for Billions
@Coinbase plans to acquire Deribit for $2.9 billion, involving $700 million in cash and 11 million shares, enhancing its crypto derivatives market position. #Breaking #Crypto (+8) ↗
Coinbase
Crypto Acquisition: Coinbase Buys Deribit
@CoinbaseGlobal agrees to acquire Deribit, the largest bitcoin and ether options platform, for $2.9 billion in cash and stock. #Breaking #Crypto $BTC (+9) ↗
Coinbase Lists Gold-Pegged Stablecoin PAXG
@Coinbase has added $PAXG, a gold-pegged stablecoin by Paxos Trust Company, to its listing roadmap, signaling potential future availability on the platform. #Update #Crypto $PAXG (+3) ↗
Bitcoin Holdings: Coinbase Manages $261 Billion
@Coinbase holds 2.7 million $BTC, about 13.7% of circulating bitcoin, valued at approximately $261 billion, establishing a significant digital asset management position. #Breaking #Crypto $BTC (+9) ↗
Crypto Revolution: Coinbase CEO’s Bold Vision
@Coinbase CEO Brian Armstrong declares crypto’s dominance over traditional finance, emphasizing decentralized systems as the company’s strategic focus. #Update #Crypto $COIN (+6) ↗
Coinbase Drops MOVE Layer-2 Project
@Coinbase will delist $MOVE on May 15th, causing the token to hit an all-time low after Binance froze a market maker’s assets. #Update #Crypto $MOVE (-8) ↘
Bitcoin Loans Expand Nationwide Coinbase Success
@Coinbase is revolutionizing crypto lending with nationwide bitcoin-backed loans up to $1 million, offering instant liquidity without taxable events. #Update #Crypto $BTC (+6) ↗
Coinbase Lists Worldcoin Crypto Project
@Coinbase adds Sam Altman’s World Network’s $WLD to its listing roadmap, signaling potential future listing despite previous data collection concerns in Spain. #Update #Crypto $WLD (+3) ↗
Ethereum Signals Surge Institutions Accumulate
Institutional investors, including Cumberland DRW, accumulate $50.24M in $ETH as the CrossX indicator signals a potential surge to $4,000. #Breaking #Crypto $ETH (+8) ↗
Bitcoin Yield Fund Launched by Coinbase
@Coinbase is launching the Coinbase Bitcoin Yield Fund on May 1, 2025, targeting institutional investors outside the U.S. with up to 8% annual returns in $BTC. #Update #Crypto $BTC (+6) ↗
Coinbase Lists New Social Media Altcoin
Coinbase adds $ZORA, the native asset of the Zora Network, to its listing roadmap for potential trading support soon. #Update #Crypto $ZORA (+3) ↗
Coinbase Partners PayPal Waive PYUSD Fees
@Coinbase partners with @PayPal to waive fees on $PYUSD transactions, enhancing crypto accessibility and exploring new payment use cases. #Update #Crypto $PYUSD (+4) ↗
Bitcoin Surges as Sovereign Funds Invest
John D’Agostino from @Coinbase revealed sovereign wealth funds are driving $BTC accumulation, diverging from retail investors’ ETF retreat in April. #Update #Crypto $BTC (+3) ↗
Bitcoin Interest Surges Post Gold Rally
@Coinbase executive John D’Agostino suggests investors may turn to $BTC after missing gold’s rally, citing Bitcoin’s inflation hedge potential. Bitcoin trades at $93,146, up 2.6%. #Update #Crypto $BTC (+3) ↗