Kevin Durant Regains Access to Locked Bitcoin Account, Announced by Coinbase CEO Brian Armstrong

Coinbase said it is collaborating with leading U.S. banks on stablecoin projects and pilot crypto services, with CEO Brian Armstrong noting banks are "leaning into this as an opportunity." The move reflects a growing, if cautious, Wall Street interest in crypto infrastructure.

BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.

Coinbase said on X that it expanded global operations in November with new lending solutions, improved on‑chain capabilities, and broader international access, highlighting gains across retail, institutional and developer segments. The updates include access to what Coinbase calls prime‑grade assets for institutional customers.

A U.S. banking policy shift that injected fresh liquidity into the system sparked renewed momentum for Bitcoin and other major digital assets. Traders reacted to easier funding conditions and a softer short-term rate tone from the Fed.

In a Bloomberg interview, SEC Chair Gary Gensler said Bitcoin is distinct from most other tokens and called the rest “highly speculative.” His remarks reinforce regulatory caution that could shape listings, custody and institutional interest.