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US crypto exchange Coinbase leads a $2.5 billion race with Mastercard to acquire the stablecoin startup BVNK. That’s according to a report by Fortune, which cited sources familiar with the matter as saying the two companies have held advanced talks with BVNK on the acquisition. The terms and winning bidder have not been finalized yet with the sale price expected to be between $1.5 and $2.5 billion. Three of the sources said Coinbase appears to have an edge over Mastercard. If a deal is reached, it could be one of the largest acquisitions of a stablecoin firm to date. Citi Buys Stake In BVNK BVNK’s core technology is a blockchain-payments rail that facilitates stablecoin transactions globally. It also allows customers to seamlessly move funds between fiat and stablecoins. The reported talks between Coinbase, Mastercard and BVNK comes hard on the heels of news that banking giant Citi has acquired a stake in the stablecoin infrastructure firm.  Excited to announce...

Prospective home buyers could soon be approved for mortgages based on their bitcoin, ether, or even fartcoin holdings after the US Federal Housing Finance Agency (FHFA) ordered two of the largest mortgage buyers to consider crypto in their risk assessments.  Yesterday, FHFA Director William Pulte ordered government-sponsored mortgage buyers Fannie Mae and Freddie Mac to prepare a “proposal for consideration” that treats cryptocurrency as a legitimate asset for single-family loan risk assessments.  He claims the proposition aligns “with President Trump’s vision to make the United States the crypto capital of the world.” The proposal would mean that crypto holders wouldn’t have to convert their crypto into US dollars in order to qualify for a mortgage loan.  The next housing crisis could be driven by people defaulting on their memecoin-backed mortgages. It's a beautiful day. https://t.co/36AorTuy92 — Jacob Silverman (@SilvermanJacob) June 25, 2025 ...

Coinbase has added the native altcoin of the top decentralized exchange (DEX) to its listing roadmap. Coinbase’s customers may soon be able to trade PancakeSwap (CAKE), the native asset of PancakeSwap, a DEX originally built on the BNB Chain. PancakeSwap has expanded to multiple blockchains and now leads all decentralized exchanges in trading volume, recording $228.03 billion in the past 30 days compared to Uniswap’s (UNI) $95.706 billion, according to DeFi Llama. PancakeSwap also recently set its monthly record with $173 billion in trading volume in May. The roadmap addition, announced on Wednesday, has not boosted CAKE’s price: The 116th-ranked crypto asset is trading at $2.25 at time of writing and is down more than 7% in the past 24 hours and nearly 11% in the past seven days. Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering rolling trading support for the asset in the near future. The roadmap w...

Summary ⚈ Whales moved over $130M in XRP to Coinbase, hinting at possible selling pressure. ⚈ XRP is holding steady above key levels despite large transfers. ⚈ Traders await reaction to SEC-Ripple settlement filing. XRP’s rally toward the $2.50 resistance level may now be at risk following the dumping of over $130 million worth of the token on the Coinbase cryptocurrency exchange. The first notable transfer occurred on May 3, when a wallet moved 29.53 million XRP, worth approximately $64.4 million, to Coinbase. Just six days later, on May 9, an identical transfer of 29.53 million XRP was recorded, valued at $69.5 million due to the token’s price appreciation during that period, according to on-chain data shared by Whale Alert. XRP transfer to Coinbase on May 9. Source: Whale Alert Combined, these transactions represent 59.06 million XRP, totaling approximately $133.9 million sent to the exchange, presumably with the intent to sell. Motivation for dump...

On Wednesday, US Senator Elizabeth Warren called for the Securities and Exchange Commission (SEC) watchdog to investigate whether the Donald Trump administration profited from dropping crypto enforcement against the likes of Justin Sun, Binance, and Coinbase.  In a letter to the SEC’s Inspector General Deborah Jeffrey — who is responsible for investigating “allegations of wrongdoing or misconduct involving SEC programs, operations, or personnel” — Warren asked if she could probe the agency, members of the White House, or anyone with direct ties to Trump’s family and business partners to find out if they influenced SEC crypto policy. If this turns out to be the case, Warren wants to uncover if they made a profit from any crypto policy meddling. She said, “President Trump, his closest advisors, and his family members all stand to benefit from boosts in the crypto industry.” SEC drops high-profile crypto cases in pivot Read more: ETH down 39% sinc...

NYSE has filed a proposed rule change to list and trade shares of Bitwise Asset Management’s Dogecoin ETF (exchange-traded fund). The 19b-4 filing was submitted on March. 3 to the US Securities and Exchange Commission (SEC). If approved, it will allow the NYSE Arca to list the DOGE-based fund and offer both retail and institutional investors direct exposure to the largest meme coin by market cap. Bitwise Dogecoin ETF Could Become One Of The First Meme Coin-Focused US Investment Funds Yesterday’s filing by NYSE Arca comes after Bitwise filed an S-1 registration form for the fund with the SEC towards the end of January this year.  JUST IN: Bitwise has filed for a spot Dogecoin $DOGE ETF. 63% chance it's approved this year. pic.twitter.com/xSv1n5MR1q — Polymarket (@Polymarket) March 3, 2025 According to the filing, leading US crypto exchange Coinbase will act as the custodian for the proposed Dogecoin ETF. Meanwhile, the Bank of New York Mellon will be re...

An AI data-focused altcoin avoided the crypto market downtick this week after being added to Coinbase’s listing roadmap. Cookie DAO (COOKIE) aims to serve as an index and data layer for AI agents. The project’s native token, COOKIE, is priced at $0.215 at time of writing and is trading roughly even in the past day and week. The overall crypto market cap, by comparison, is down 5% in the past 24 hours and nearly 16% in the past seven days, according to data from CoinGecko. Coinbase added COOKIE to its listing roadmap after Binance rolled out support for the asset back in January. Cookie DAO operates cookie.fun, which it says is “the largest and crypto’s first AI agents index.” “With cookie.fun traders can make data-driven decisions when it comes to AI agents investing. The COOKIE token-powered cookie.fun platform sees 25K+ unique users daily and 250K+ unique users monthly. Based on 7TB of live data feeds, Cookie DAO is a primary in...

1. Trump’s New Round of Comprehensive Reciprocal Tariffs and Plans to Appoint a16z Crypto Policy Director as CFTC Chair 1.1 Trump’s New Round of Comprehensive Reciprocal Tariffs link Donald Trump announced on Thursday a new round of comprehensive reciprocal tariffs to match the higher tariffs imposed by other countries on US imports. These tariffs are likely to hit developing countries the hardest, especially India, Brazil, Vietnam and other Southeast Asian and African countries, because the tariff rates these countries impose on US imports differ the most from those imposed by the United States. For example, World Bank data shows that in 2022, the average US tariff rate on Indian imports was 3%, while India’s average tariff rate on US imports was 9.5%. 1.2 Trump Plans to Appoint Brian Quintenz, a16z Crypto Policy Director, as CFTC Chair link According to Fox Business journalist Eleanor Terrett, citing three people familiar with the matter, Trump has selected Brian Quintenz, the policy...

A decentralized real estate trading platform built on the smart contract platform Solana (SOL) is surging after getting a spot on Coinbase’s listing roadmap. In a new thread on the social media platform X, Coinbase Assets announces the addition of decentralized exchange (DEX) Parcl (PARCL) to its roadmap, triggering a nearly 50% rally in just 24 hours. Coinbase uses the listing roadmap for transparency and to prevent insider trading on coins prior to them being listed. Being placed on the listing roadmap means the firm has determined the asset will likely be available for trading in the future. Parcl is a platform that lets users trade and invest in real estate via synthetic assets without having to actually own any property. Synthetic assets are blockchain-based representations of real-world assets, such as stocks, securities and property. Parcl works by providing users with global city indexes and allowing them to acquire tokens that represent a stake in ...

1. Trump Elected 47th President of the United States link On Wednesday, Donald Trump effectively secured his position as the 47th President of the United States, clinching the necessary 270 electoral votes with a victory in Wisconsin. CCTV-2’s Economic News broadcast reported that “Bitcoin’s price has surged to an all-time high, reaching $75,000 with an increase of over 8%.” The report noted that Trump previously pledged to make the U.S. the global capital for Bitcoin and cryptocurrency and to establish a strategic Bitcoin reserve. Rune Christensen, founder of Sky (formerly MakerDAO), commented on social media that Trump’s win could catalyze a genuine, sustained revival of DeFi, with user numbers potentially increasing tenfold, as DeFi stands to benefit the most from reduced regulatory uncertainty in the U.S. compared to other areas of the crypto sector. 2. Trump’s Team Considers Robinhood’s Chief Legal Officer, Dan Gallagher, for SEC Chair link On Friday, Reuters reported that Donald ...

This transcript captures an interview between Colin and John O’Loghlen, Regional Managing Director of Coinbase in APAC, held at the Token 2049 conference in Singapore. The discussion covered John’s background, Coinbase’s international expansion, and insights into the future of crypto in the APAC region and China. This audio transcription was done by GPT, so there may be errors. Please listen to the full podcast: YouTube: Introduction and Background Colin: Hi John, welcome to Singapore! My first question is, could you introduce yourself, share a bit about your past experiences, and tell us why you decided to join Coinbase? John: Yeah, hey Colin. Hi everyone. Colin is an old friend from Hong Kong. So let me start. I’ve got a bit of an unusual background. It’s a mix of corporate and operational experience, which is actually quite common at Coinbase. I’m from New Zealand, studied in the U.S., did some traveling and played sports before ending up in London in 2000 — just before the dot-com ...

Coinbase has added Ethereum (ETH) layer-2 Polygon’s yet-to-be-launched native token to its listing roadmap. Making the announcement via social media platform X, the top US crypto exchange says it has placed Polygon’s POL on its listing roadmap, which the exchange created in 2022 for the purpose of transparency and to prevent front-running of token listings. POL is the upcoming rebrand of Polygon’s MATIC, which is slated for launch on September 4th, according to Polygon Labs. MATIC will ultimately be replaced by POL as the native gas and staking token for Polygon in the initial phase of the transition. In subsequent phases, the community will decide whether to expand the utility of POL. The token rebrand was first proposed last July as a means of supercharging the growth of the network. Weeks later, Polygon Labs founder Sandeep Nailwal explained that the proposal was a part of the blockchain’s transition to Polygon 2.0. Say the developers, “In ...