Crypto stocks like Circle Internet, Bitmine, and Coinbase dropped 3-4% despite Bitcoin and Ethereum prices holding steady. The selloff is driven by a global bond market surge pushing 10-year Treasury yields above 4.75%, which pressures high-beta tech and crypto-related stocks. This disconnect suggests the decline is due to risk-off positioning linked to rising rates rather than crypto fundamentals. Investors should watch long-term yields for clues on whether these stocks stabilize or remain under pressure.
Raven, a trading firm founded in 2023, secured strategic funding from Coinbase Ventures and CMCC Global at a $90 million pre-money valuation. Originally focused on providing liquidity in crypto trading, Raven has expanded into prediction markets, off...
Coinbase Global is viewed as a strong investment opportunity due to the rebound in cryptocurrency markets and the early stage of its business model development. The failure of the Clarity Act removes immediate regulatory threats, allowing Coinbase to...
Coinbase CEO Brian Armstrong identified July 1, 2026, as Bitcoin's cycle bottom at $57,718, noting typical downturns last about 12 months. Since then, Bitcoin has risen to over $84,000, supported by strong inflows and approaching the 2028 halving, wh...
