GameStop said it did not sell the 4,709 Bitcoin tied to its January balance sheet change.ย Summary GameStop pledged 4,709 BTC with Coinbase Credit and kept economic exposure instead of selling outright. The covered-call strategy generated premium income but capped upside if Bitcoin rises above strike prices. GameStop reclassified the pledged Bitcoin and recorded digital asset receivables on its balance sheet. Instead, the company used the holdings in a covered-call arrangement with Coinbase Credit, according to its latest annual filing. GameStopโs latest 10-K filing showed that the company still kept…
Tag: Coinbase
Your Way Out | Behind The Scenes
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io You canโt escape a system until it exists in the first place. Go behind the lens to see how we brought the world of Your Way Out to life, from life-size video game sets to low-polygon masks (and even some NPC choreography). It takes the village to build a game โ but getting out can be as simple as making the choice to. When you take control of your money, you take control of your life. Coinbase is your way out of…
Coinbase Launches Crypto Mortgage Product Tied to Fannie Mae
Crypto exchange Coinbase Global has launched a mortgage structure with Better Home & Finance that lets qualified borrowers pledge digital assets held in Coinbase accounts to fund down payments on standard conforming mortgages designed in accordance with Fannie Mae guidelines. According to Coinbase, the structure enables borrowers to pledge digital assets such as Bitcoin (BTC) or USDC (USDC) as collateral for a separate loan used to fund the down payment, while the primary mortgage remains a standard, Fannie Maeโbacked loan. Better will originate and service the mortgages. When rolled out,…
Coinbase Again Declines to Support Updated Clarity Act Draft
Coinbase has again declined to endorse the updated draft of the Digital Asset Market Clarity Act (CLARITY Act), the House-passed legislation designed to partition regulatory authority over digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The exchangeโs continued opposition, most recently articulated by Chief Executive Brian Armstrong on X, comes as Senate negotiators attempt to reconcile a 278-page Banking Committee draft with competing industry priorities and White House timelines. The refusal marks the second time Coinbase has withheld institutional support from a…
Fannie Mae Collaborates With Coinbase to Launch Crypto Mortgages โ Crypto News Bitcoin News
Crypto-Backed Home Loans Set to Launch in Industry First Fannie Mae is preparing to support a new type of mortgage that allows borrowers to use cryptocurrency as collateral. The initiative, developed with Coinbase and Better Home & Finance, marks a significant step in bringing digital assets into mainstream housing finance. Under the new structure, homebuyers can pledge crypto holdings such as bitcoin or USDC instead of selling assets to fund a down payment. This allows borrowers to maintain market exposure while avoiding potential capital gains taxes tied to liquidation. The…
The Coinbase CEO Just Said Something Nobody Is Ready For.
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io The CEO of Coinbase just made a prediction that could redefine what crypto is actually FOR โ and the numbers behind it are staggering. The CEO of Coinbase just posted something that most people scrolled right past โ but what he’s describing has already begun. This isn’t speculation. The infrastructure is live, the transactions are happening, and the implications for crypto are bigger than DeFi, bigger than the ETFs, and bigger than anything we’ve seen so far. Meanwhile, Boris Johnson called Bitcoin…
Coinbase Not Supporting New Crypto Bill Compromise: Report
Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate lawmakers in a meeting on Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported Wednesday, citing four people briefed on the exchange. A proposal that circulated earlier this week would have reportedly prevented third parties, such as exchanges, from paying stablecoin yields, a measure aimed at addressing banksโ…
CLARITY Act in Danger by Banks?๐จCoinbase INTERVIEW
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Banks vs crypto is heating up. Paul Grewal (Coinbase Chief Legal Officer) reveals how institutions are pushing back on yieldsโand what it means for the CLARITY Act and the future of crypto. Sign The Petition To SAVE YIELDS!!!โ Guest: Paul Grewal – Chief Legal Officer at Coinbase Stand With Crypto – Call Your Congressman! โ 00:00 Intro 00:10 Days Since War Began 01:00 Anti-Yield Summit Recap 01:45 Petition 03:00 Status on Yield compromise 04:20 No updates since Trump tweet? 06:20 Senate Hearing…
Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields
Cryptocurrency exchange Coinbase has reportedly told Senate offices it cannot support the latest language inserted into the CLARITY Act, dealing a fresh setback to negotiations over the anticipated crypto market-structure bill.ย The dispute centers on newly revised provisions governing stablecoin yield arrangements, a key point of contention that has been the subject of months of talks on Capitol Hill. Coinbase Says No To LateโStage Compromiseย The Senateโs updated text would constrain how stablecoin yield programs operate, limiting structures that try to mirror bank deposit products and tightening the permissible scope…
Coinbase and Chainlink Expand Partnership With Onchain Data Integration โ Crypto News Bitcoin News
Coinbase Market Data Reaches Blockchain Networks Through Chainlink Integration The integration runs through Datalink, Chainlinkโs data publishing service for institutional-grade datasets. Coinbaseโs available data now includes order book data, spot prices, perpetual futures from Coinbase International Exchange, E-mini futures, and additional datasets covering metals, energy, and equity futures via Coinbase Derivatives Exchange. The practical effect is straightforward. Onchain protocols โ derivatives platforms, lending markets, tokenized asset products โ have historically relied on data sources not built for institutional use. Coinbaseโs exchange feeds, routed through Chainlinkโs oracle network, give developers a…