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Coinbase CEO recalls sending one bitcoin to entice early users
Yahoo Finance Video1d agobearishVIDEO
Coinbase CEO recalls sending one bitcoin to entice early users

Scott Melker sits down with Coinbase (COIN) CEO Brian Armstrong to discuss the future of bitcoin (BTC-USD), why it could hit $400,000 by 2030, and Armstrong's memory of sending one bitcoin to users as an incentive to use the platform. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Why Is XRP Dropping Today?
24/7 Wall St.3d agobearish
Why Is XRP Dropping Today?

A Senate cloture vote, a 200-day moving average breakdown, and a Federal Reserve rate decision converging on the same day have put XRP in a dangerous position, with traders now watching a handful of price levels that could determine whether the selloff stops here or accelerates toward a key support from August.

Coinbase, Polymarket, Kalshi Face NYC Prediction Market Investigation
Benzinga Prediction Markets38d agobearish
Coinbase, Polymarket, Kalshi Face NYC Prediction Market Investigation

Coinbase Global Inc. (NASDAQ:COIN) has been swept into New York City’s widening scrutiny of prediction markets, even as the CFTC push back against the state’s attempts to rein in the fast-growing industry. New York City Council Speaker Julie Menin announced...

New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The Wall Street Journal38d agobearish
New York City Launches Sweeping Investigation Into Polymarket and Kalshi

The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation. City Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan, all of which have a presence in New York City, on Aug. 11 seeking answers about how the companies comply with consumer protection laws. In a letter addressed to Polymarket founder and Chief Executive Shayne Coplan, Menin asked for details about Polymarket promotional videos that appeared to depict fake trades and promoted insider trading on social media.

Bloomberg38d agobearish
New York City Probes Prediction Markets Over Ads, Social Harms

(Bloomberg) -- The New York City Council is probing the advertising practices of four major prediction market platforms, creating a new front in the legal battles facing the booming industry. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilPakistan Says Deal Is Close Even as Iran, US Harden StancesTrump Weighs Call for Capital Ga

Bloomberg45d agobearish
Circle Revenue Misses Estimates as Crypto Markets Mired in Rout

(Bloomberg) -- Circle Internet Group Inc. reported second-quarter revenue that missed Wall Street expectations after circulation of its stablecoin USDC fell from a peak amid a protracted slide in cryptocurrency markets. Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Spl

Coinbase Q2 earnings miss Wall Street estimates
TheStreet50d agobearish
Coinbase Q2 earnings miss Wall Street estimates

Coinbase Global (Nasdaq: COIN) reported second-quarter 2026 earnings on July 30, posting $1.22 billion in total revenue, below Wall Street expectations of roughly $1.29 billion to $1.31 billion. The company also reported a GAAP net loss of $359.5 million, or $1.36 per diluted share. Coinbase is the ...

Analyst cuts Coinbase price target 40% ahead of Q2 earnings
TheStreet57d agobearish
Analyst cuts Coinbase price target 40% ahead of Q2 earnings

On July 23, Citi lowered its target to $235 from $400, a roughly 41% reduction, while reiterating its Buy rating. The move follows a similar downgrade from JPMorgan on July 17, which cut its target to $196 from $283 while keeping an Overweight rating. Coinbase is scheduled to report Q2 ...

US SEC settles FOIA lawsuit with Coinbase over lost messages, WSJ op-ed says
Reuters59d agobearish
US SEC settles FOIA lawsuit with Coinbase over lost messages, WSJ op-ed says

Coinbase has settled a Freedom of Information Act lawsuit against the U.S. Securities ‌and Exchange Commission over records it sought ‌from the agency, the cryptocurrency exchange's chief legal officer, Paul Grewal, ​said in a Wall Street Journal op-ed on Wednesday. Grewal said the agency, which polices corporate record-keeping, had lost text messages between former Chair Gary Gensler and other ‌officials after a process ⁠the SEC said "automatically wiped" certain data.

JPMorgan cuts earnings forecasts for two major crypto companies
TheStreet66d agobearish
JPMorgan cuts earnings forecasts for two major crypto companies

JPMorgan Chase (NYSE: JPM) trimmed its earnings forecasts for Circle Internet Group (NYSE: CRCL) and Coinbase Global (Nasdaq: COIN) on July 14. Both Circle and Coinbase are two of the world's biggest crypto companies. While the former is best known for its USDC stablecoin, the latter is ...

Circle stock tumbles as a rival stablecoin enters market
TheStreet80d agobearish
Circle stock tumbles as a rival stablecoin enters market

There is a new stablecoin in town, and an old player's stock is facing the heat. A stablecoin is an integral part of the DeFi infrastructure. It is a cryptocurrency designed to hold a steady value by pegging to an asset like the dollar, typically backed by reserves such as cash and ...

Another crypto firm cuts staff in major AI push
TheStreet84d agobearish
Another crypto firm cuts staff in major AI push

Following the footsteps of major cryptocurrency companies like Block (NYSE: XYZ), Ethereum Foundation, Coinbase Global (Nasdaq: COIN), and MARA Holdings (Nasdaq: MARA), another firm has decided to fire staff. Launched in 2011, BitGo Holdings (NYSE: BTGO) is a crypto ...

Saylor's Strategy shuts down rumors of being under investigation
Yahoo Finance Video84d agobearishVIDEO
Saylor's Strategy shuts down rumors of being under investigation

Scott Melker discusses rumors surrounding Saylor's Strategy, the brutal crypto week that took place, Kraken, bitcoin, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.