Coinbase has chosen Chainlink as the official oracle infrastructure for its Tokenized Stocks on the Base blockchain, providing continuous, institutional-grade pricing data. This integration allows millions of Base users to lend, borrow, and trade tokenized versions of major U.S. stocks like Apple and Google onchain, expanding DeFi utility beyond simple transfers. Coinbase Tokenized Stocks are backed 1:1 by real shares held in regulated custody, and Chainlink's data feeds enable advanced financial use cases such as collateral management and yield generation. This partnership marks a significant step in merging traditional capital markets with decentralized finance, broadening access to real-world assets onchain.
Coinbase CEO Brian Armstrong is considering relocating out of California due to the state's proposed billionaire wealth tax, which he calls "deeply un-American" and potentially unconstitutional. The tax would impose a one-time 5% levy on the net wort...
SoFi Technologies and Coinbase Global stocks rose sharply as stablecoin trading expands beyond crypto-only firms into fintech. SoFi's SoFiUSD stablecoin, backed by the Federal Reserve, and Coinbase's USDC stablecoin are driving this sector rotation, ...
Bitcoin briefly surged past $80,000 in early trading, extending gains from a recent rally driven by renewed investor appetite for riskier assets and a short squeeze that liquidated over $4 billion in bearish positions. This momentum attracted retail ...
Coinbase Global (COIN) has faced a volatile year, with its stock price ranging from $139 to $402 and a 38% decline over the past 12 months. Despite this, COIN has recently outperformed the market, rising 7% compared to the benchmark's 2%. The analyst...
Coinbase shares trade at $186.49, with Bernstein analyst Gautam Chhugani setting a high price target of $330, implying 77% potential upside. Despite three quarters of earnings misses, shrinking crypto volumes, and a $359.5 million net loss in Q2 2026...
