Coinbase, Crypto Stocks Plummet as Bitcoin Trades Sideways
Shares in Bitcoin-adjacent companies including Coinbase and Block have chalked up heavy losses at the opening bell Friday morning.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Solana treasury firm cuts shares 700-for-1 but leaves room for nearly 100 billion more
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 bil...
Circle still tells users to buy Noble USDC on Coinbase after cutoff date passes
Coinbase’s announced Aug. 17 cutoff for USDC deposits and withdrawals on Noble had passed, but Circle’s public Noble guide was sti...
XStocks’ tokenized Circle stock CRCLx deploys $3M in DeFi
The deployment of tokenized Circle stock in DeFi highlights the growing intersection of traditional finance and blockchain, raisin...
Ethereum wants to hide your trades from bots before they can attack
Ethereum developers are weighing a new defense against predatory trading bots that exploit pending transactions before they reach...
Binance bStocks’ SPYb token accumulates $6M in DeFi liquidity
Binance's SPYb token's DeFi success highlights the potential for 24/7 trading and liquidity in tokenized assets, challenging tradi...
California pension fund holds $35.5M in Strategy shares for Bitcoin exposure
CalPERS' investment in Strategy shares highlights the growing intersection of traditional finance and cryptocurrency, raising vola...