Morgan Stanley has named Coinbase and BNY Mellon to custody and administer its proposed Bitcoin Trust; BNY Mellon will act as administrator, transfer agent and cash custodian. The move pairs a major bank with a leading crypto custodian as Morgan Stanley advances a spot-Bitcoin offering for clients.
Goldman Sachs reports that crypto-linked names such as MicroStrategy and Coinbase are among the most heavily shorted equities, reflecting growing investor skepticism toward the sector. The note highlights elevated short interest despite Bitcoin’s market activity.
Coinbase CEO Brian Armstrong told reporters he now puts the odds of the CLARITY Act passing at about 90% after negotiations showed significant progress, and prediction markets have shifted higher in response. The move signals growing confidence that U.S. lawmakers may settle on clearer rules for digital assets.
Coinbase has expanded its U.S. lending product to accept XRP, ADA and DOGE as collateral, letting customers borrow against popular altcoin holdings. The move broadens collateral options and offers another path to liquidity without selling assets.
Bitcoin's plunge toward $60,000 on Feb 16, 2026 erased billions and liquidated leveraged positions, exposing a stark split between Coinbase and Binance as venues handled the shock differently.
Coinbase CEO Brian Armstrong said he remains confident a legislative deal can be reached to define the U.S. crypto market, signaling a move toward regulatory clarity.
Coinbase posted a fourth-quarter loss on Thursday as trading activity fell amid a broad crypto selloff. The result highlights continued pressure on exchange revenues and market sentiment.
Some Coinbase users are currently unable to buy, sell, or transfer assets on Coinbase.com due to a temporary outage. Users should monitor Coinbase's status channels and avoid repeated transaction attempts while the platform is disrupted.
The American Banking Association (ABA) has asked the Office of the Comptroller of the Currency to immediately halt its review of national bank charter applications from Ripple, Coinbase, Circle and other crypto firms. The request raises fresh regulatory uncertainty for companies seeking bank-like powers and could affect related markets.
Coinbase has rolled out AI-focused crypto wallets that let users set controls and permissions so an AI agent can manage liquidity positions and execute trades 24/7. The feature targets both retail and institutional users seeking automated liquidity and yield optimization.