- Bitwise Asset Management launched Automated Token Portfolios using Coinbase's tokenized U.S. stocks and Glider for automated rebalancing.
- Eligible non-U.S. investors can replicate professional portfolios of tokenized stocks while retaining self-custody and utilizing DeFi protocols.
- Bitwise plans to roll out three initial portfolios targeting the Magnificent Seven, robotics, and artificial intelligence leaders.
- Wall Street financial institutions have updated their price targets and ratings for several major publicly traded corporations.
- UBS, Morgan Stanley, and Raymond James upgraded firms including Fluence Energy, Dynatrace, NVIDIA, and AMD.
- Other major institutions such as Baird, Needham, Goldman Sachs, BTIG, and Mizuho adjusted outlooks for companies like Snowflake, Coinbase, and Micron Technology.
- Coinbase CEO Brian Armstrong urged entrepreneurs to act on their ideas rather than let the fear of failure prevent them from starting.
- Armstrong argued that inaction is more costly than a failed attempt because it leads to missed opportunities and lacks valuable lessons.
- Industry leaders like Paul Graham, Kevin O’Leary, and Jeff Bezos further advised founders to focus on growth rates, customer demand, and practical experience.
- A US federal judge ruled that parts of an investor class-action lawsuit against Coinbase and certain executives can proceed into discovery.
- The surviving claims allege that the company misled investors by concealing potential bankruptcy risks and downplaying SEC scrutiny.
- The procedural ruling does not determine liability or prove wrongdoing, but it keeps public-company crypto disclosure standards in the spotlight.
- Analyst Doctor Profit identified Ethereum, Circle, and Coinbase as his top three holdings for the current bull market, allocating 60 % of his portfolio to Ethereum and 40 % to Bitcoin.
- He argued that these three assets form a strategic trio because Circle issues USDC, Coinbase acts as the regulated on-ramp, and Ethereum serves as the foundational settlement layer.
- He rejected bearish market predictions for August 2026, maintaining that macro tokenization and regulatory changes are driving the ongoing market cycle rather than historical patterns.
- Robinhood and Coinbase shares surged significantly due to renewed momentum for the U.S. Clarity Act and higher anticipated crypto trading volumes.
- Marvell Technology fell 5.57% while expanding its custom silicon programs tied to Alphabet’s TPU chip.
- Edison International revisited $70 lows after taking responsibility for the Eaton fire and offering over 775 million dollars for recovery programs.
- Coinbase Global experienced a 23. 9 % stock increase following the Financial Services Permission granted by Abu Dhabi’s FSRA to establish a regulated international tokenization hub.
- This development enables Coinbase to offer fully backed tokenized securities within the Abu Dhabi Global Market, aiming to diversify revenue streams away from cyclical spot trading into service-style fees.
- Analysts project that Coinbase could achieve 8. 5 billion USD in revenue and 2. 1 billion USD in earnings by 2028, amidst varying market perspectives on its long-term growth and valuation.
- Coinbase has selected Chainlink as its official oracle infrastructure to power its newly launched Tokenized Stocks on the Base ecosystem.
- The integration utilizes Chainlink Data Feeds to provide continuous pricing for U.S. equities like NVDAc, METAc, and AAPLc, enabling them to be used as collateral in DeFi.
- This partnership aims to bridge traditional finance and decentralized finance by unlocking 24/7 advanced collateral management use cases for millions of users.
- Fundstrat’s Tom Lee named BMNR, MSTR, and COIN as top crypto proxy stocks while identifying the current week as one of Bitcoin’s 10 most important days of the year.
- Lee highlighted BMNR, MSTR, and COIN for their strong correlations to Ethereum and Bitcoin, alongside expectations that Ethereum will outperform this cycle due to tokenization and agentic AI.
- Technical analysis shows BMNR breaking above its 200-day EMA at 22.04 dollars, marking a structural shift in trend despite a stretched RSI reading of 73.73.