Coinbase and Paypal are unleashing a payments revolution, fusing stablecoin tech with mass adoption muscle to drive billions onchain through frictionless, instant digital transactions. Coinbase and Paypal Collide to Supercharge Crypto Payments—Onchain Adoption Begins Coinbase has broadened its alliance with digital payments powerhouse Paypal, aiming to deepen the impact of Paypal USD (PYUSD), a stablecoin […] Source CryptoX Portal
John D’Agostino, Head of Strategy at Coinbase Institutional, revealed that sovereign wealth funds and institutional investors have become key drivers of bitcoin accumulation in April, contrasting with retail investors’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not Retail, Behind Bitcoin’s April Rally, D’Agostino Tells CNBC Sovereign wealth funds — state-owned investment pools […] Original
Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and […] Original
Sovereign wealth funds and other institutions were accumulating Bitcoin (BTC) during April 2025, while retail traders were exiting the markets via exchange-traded funds (ETFs) and spot markets, according to John D’Agostino, the head of strategy at Coinbase Institutional. During a recent appearance on CNBC, the Coinbase executive likened Bitcoin to gold and said that many institutional buyers bought BTC as a hedge against currency inflation and macroeconomic uncertainty. The Coinbase executive said: “Bitcoin is trading on its core characteristics, which again are similar to gold. You’ve got scarcity, immutability, and…
Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as the cryptocurrency miner eyes continued expansion. The $100 million loan from Coinbase’s credit arm marks Riot’s “first Bitcoin-backed facility,” CEO Jason Les said in an April 23 statement. Les said the credit line will be used to fund general corporate operations and support the company’s “strategic growth initiatives.” Source: Riot Platforms The credit line is scheduled to mature in one year’s time, but could be extended for an additional year.…
Key Notes Riot Platforms has secured a $100 million credit line from Coinbase Credit to support its expansion plans. The loan is backed by Riot’s Bitcoin holdings, avoiding share dilution for stakeholders. It comes with a 364-day term and a potential extension, offering flexible financing. Riot Platforms, a North American Bitcoin mining company, has secured a $100 million credit line from Coinbase. The credit facility was arranged by Coinbase’s credit division, with Bitcoin used as collateral. Riot is leveraging 19,223 BTC, valued at over $1.8 billion, to secure the loan.…
Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures Trading Commission (CFTC) and offer traders “a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” the company said in a post on the X platform. Coinbase’s XRP (XRP) futures include standard contracts representing 10,000 XRP and retail-oriented “nano” contracts representing 500 XRP each, or approximately $1,000 as of April 21, according to regulatory filings. …
XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures may launch on April 21 From a fundamental perspective, XRP may receive a boost from the anticipated launch of XRP futures contracts on the Coinbase Derivatives platform, scheduled for April 21 under the US Commodity…
SEC’s retreat and XRP’s legal triumph are sidelined as Oregon charges ahead with a new lawsuit against Coinbase, intensifying the war over crypto regulation. Coinbase Says Oregon Ignores SEC Losses, XRP Victory in Crypto Lawsuit Legal tensions surrounding crypto exchange Coinbase have reignited following a new lawsuit filed by Oregon’s Attorney General, adding another chapter […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Singapore’s current tone of caution on crypto could limit its future competitiveness, Coinbase warned, urging a more ambitious national strategy. U.S.-based crypto exchange Coinbase has urged Singapore to take a bolder approach to digital assets, warning that the country could fall behind if it continues to view crypto mainly as a risk. In a recent blog post, Coinbase’s country director for Singapore Hassan Ahmed warned that Singapore risks losing its lead if it continues to take a cautious approach to crypto. Ahmed noted though that the country already has a…