Coinbase has started listing the fiat-backed stablecoin tGBP to increase access to locally-denominated stablecoins, focusing on the UK market. This move reflects the growing importance of stablecoins in global payments, with the market cap surpassing $300 billion and projections to reach $2 trillion by 2028. Despite their rising popularity, research shows stablecoins are mostly used within crypto markets rather than for everyday payments, with less than 1% used for transactions. Coinbase emphasizes the need for supportive regulation in the UK to foster its crypto hub ambitions and wider stablecoin adoption.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
YieldMax COIN Option Income Strategy ETF (CONY) promises a 78% yield by using a synthetic covered call strategy on Coinbase shares, but investors have faced a 56.25% loss over the past year, nearly matching Coinbase’s 59.10% drop. The fund caps upsid...
US stock markets are trading sideways as geopolitical tensions in the Middle East weigh on investor sentiment. The Dow Jones 30 found support at the critical 52,000 level and remains in an overall uptrend, suggesting buying opportunities despite shor...
Coinsilium Group Limited will invest an additional $200,000 in Predictive Labs, increasing its total commitment to $350,000 and acquiring nearly 12% ownership. This follows Predictive Labs' launch of Nijinn, a platform aggregating data from predictio...
Coinbase Global is transforming from a simple Bitcoin price proxy to a diversified crypto business. Stablecoin-related revenues and subscription services now make up 44% of its net revenue and have grown despite overall crypto market declines. Additi...
