Coinbase Stock Surges as Bitcoin Hits $80,000: How Tight Is the Link?
Coinbase stock is rallying alongside Bitcoin's move above $80,000. Here's how closely COIN tracks BTC and why the stock can amplify crypto market moves.
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Anmol BillaBTCCoinbase stock is rallying alongside Bitcoin's move above $80,000. Here's how closely COIN tracks BTC and why the stock can amplify crypto market moves.
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Bitcoin holds near $79,000 after gaining 23% in a week while XRP, Zcash, Solana and Ether pull back as traders lock in profits.
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XRP’s 44% weekly rally has brought leverage back into the derivatives market, with Binance’s estimated leverage ratio reaching its highest level since January.
Solana briefly touched $102 for the first time since February as the broader crypto market rallied. Here are three key factors driving SOL’s latest recovery and the levels traders are watching next.
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Bitcoin crypto-margined open interest has fallen to about 12%, highlighting a major shift toward stablecoin collateral as leveraged traders continue driving market volatility.
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World Liberty Financial has launched USD1 natively on Canton Network, expanding the stablecoin into institutional settlement and tokenized asset markets.
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Thirty-nine U.S. state banking associations are joining the BankChain Alliance to build a nationwide blockchain network targeting stablecoins, tokenized deposits and smart payments by 2027.
Bitcoin crossed $80,000 for the first time since mid May, climbing as high as $81,237 as a weaker US dollar and improving policy expectations drove its August gains to 28%.
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Canaccord raised its MSTR stock price target to $175 from $130 while maintaining a Buy rating, citing Bitcoin’s recovery, Strategy’s stronger balance sheet and renewed BTC acquisition potential.
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Bitcoin has broken above $80,000 for the first time since May while Ethereum holds above $2,500 and Solana rallies toward $100 as crypto market momentum accelerates.
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XRP's rally to $1.70 ended in a sharp weekend crash as leveraged long positions were liquidated. XRP is now trying to stabilize after the major derivatives reset.
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Coinbase has launched tokenized US stocks on Base with Chainlink price feeds supporting Apple, Nvidia, Meta and Alphabet equities across onchain and DeFi applications.
Sei Network activity is accelerating as DEX volume jumps 316% in a day, while Mastercard and Dinari developments strengthen the blockchain’s push into institutional finance and tokenized stocks.
Tron Inc. now holds 711.2 million TRX worth roughly $245 million, making the company one of the more prominent public firms pursuing an altcoin focused crypto treasury strategy.
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Hyperliquid’s HYPE token has hit a record high just days before a $1.2 billion token unlock, putting its latest rally under pressure from a major increase in supply.
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Gemini has enabled direct XRP Ledger deposits and withdrawals for users in Singapore, expanding the exchange’s support for XRP and XRPL.
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Sei Network has begun rolling out its Giga upgrade on mainnet, with Eidos going live as the first major stage of the overhaul targeting 200,000 TPS and sub-400ms finality.
Aave total supplied assets have climbed above $31 billion, while Coinbase Tokenized Stocks are set to expand the protocol's lending options through Aave V4 on Base.
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The crypto market is holding near $2.66 trillion as short squeezes and Treasury buyback optimism support prices. However, key resistance and rising long liquidations could determine what happens next.
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Goldman Sachs disclosed $86.5 million across five XRP ETFs as Bitwise trading volumes surge and JPMorgan's XRP Ledger activity gains attention.
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Zcash, Aave and XRP are leading the latest altcoin rally as Bitcoin trades near $79,000, with all three breaking major technical resistance levels.
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A Cosmos EVM security incident has forced three chains to halt as Cosmos Labs urges validators to pause network activity while teams investigate the vulnerability.
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BNB Chain has activated the Pasteur hard fork on BNB Smart Chain, strengthening bridge and validator security while introducing changes designed to increase transaction throughput without changing the network's 450-millisecond block time.
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Tom Lee’s BitMine has purchased $81 million worth of Ethereum as ETH breaks above $2,500. The company now holds 5.85 million ETH and is nearing its 5% supply target.
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