Core Insights - The onchain economy is rapidly evolving, driven by the maturation of blockchain technology and its integration into mainstream finance, creating a growing ecosystem of companies and investment instruments [3][4] Blockchain Technology - Blockchain is a decentralized digital ledger that ensures transparency, security, and immutability of transactions without a central authority, forming the foundation of cryptocurrencies and enabling peer-to-peer value transfer, smart contracts, and decentralized applications [2] Key Companies in the Onchain Economy Exchanges - **Coinbase Global Inc. (COIN)**: The largest U.S.-based cryptocurrency exchange, serving as a gateway for millions of investors to access and trade digital assets, with a significant institutional presence [5] - **Robinhood Markets Inc. (HOOD)**: Known for democratizing stock trading, Robinhood has expanded into crypto, providing easy access to digital assets for retail investors [6] Mining - **Core Scientific Inc. (CORZ)**: One of the largest Bitcoin miners in North America, evolving its infrastructure to support AI and high-performance computing, bridging two rapidly growing sectors [7] - **Cipher Mining INC. (CIFR)** and **Bitfarms Ltd/Canada (BITF)**: Both companies have shown strong performance, reflecting the resurgence of the mining sector as Bitcoin's price and network activity strengthen [9] FinTech and TradFi Enablers - **Mercadolibre Inc. (MELI)**: Often referred to as the "Amazon of Latin America," it has integrated digital payments and crypto services into its e-commerce platform, enhancing financial inclusion [10] - **Galaxy Digital Inc (GLXY)**: A diversified digital asset financial services firm involved in trading, asset management, and investment banking for the crypto economy, acting as a key institutional gateway [12] Energy Infrastructure - **Kinder Morgan Inc. (KMI)**: A major natural gas provider in the U.S., playing an indirect but crucial role in the crypto economy by powering data centers and mining operations [13] Future Trends in Blockchain - By 2025, blockchain is expected to drive significant changes in capital markets, focusing on tokenization, programmable settlement, and embedding yield-bearing assets onchain, indicating a shift towards a more modular and dynamic liquidity environment [14][15]

Legal stuff:Not investment advice or recommendation to purchase a particular digital asset. ...

Group 1 - Coinbase's derivatives division plans to expand the trading range of altcoin futures to a 24/7 schedule [1][2] - The newly included cryptocurrencies are Avalanche, Bitcoin Cash, and Cardano, among others [1][2] - Additional specific coins in the expanded trading range include Chainlink, Dogecoin, Hedera, Litecoin, Polkadot, Shiba Inu, Stellar, and SUI [1][2]

🚨 INSIGHT: Large crypto balances moved internally in a routine Coinbase wallet migration. https://t.co/HSfBZf6mAJ ...

with 20 mins to go the @monad sale on @coinbase is now 1.35x oversubscribed.exceeding my expectations of a 220-240m raise.should end at 1.4x oversub which is respectable in these market conditions. https://t.co/uD5ujPLdU3 ...

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 4,560 #BTC (388,564,359 USD) transferred from #Coinbase to unknown new wallethttps://t.co/fL3ZYg9sln ...

Core Viewpoint - Coinbase Markets is set to launch 24/7 futures trading for various altcoins, responding to increasing demand for continuous access to crypto derivatives [1] Group 1: Expansion of Trading Hours - Starting December 5, futures for altcoins including Avalanche (AVAX), Bitcoin Cash (BCH), Cardano (ADA), and others will be available for trading around the clock [1] - This expansion builds on existing always-on markets for Bitcoin, Ethereum, Solana, and XRP, which include both standard and nano-sized contracts [2] Group 2: Introduction of New Futures Contracts - Coinbase is working on introducing U.S. perpetual-style futures for the same basket of altcoins, which will settle on a five-year expiry rather than the indefinite format used offshore [2][3] - The exchange previously launched 24/7 BTC and ETH futures in May and long-dated futures in July, establishing itself as a compliant venue for these products in the U.S. [3] Group 3: Market Dynamics - Most liquidity for non-BTC/ETH futures currently resides offshore, particularly on platforms like Binance and Bybit [4] - A U.S. alternative with deeper institutional access and clearer regulations may gradually attract order flow, especially amid volatile funding markets and ongoing regulatory pressures [4]

Market Trend - Shorting TNSR after the Coinbase acquisition was a profitable strategy [1]

The Coinbase Bitcoin Premium Index, which measures the price gap between bitcoin on Coinbase and the global market average, has fallen to a negative divergence of -0.15%, the widest since Q1 this year. A negative reading of the index means bitcoin is trading cheaper on Coinbase, signalling weakness in U.S. demand, selling pressure and waning institutional appetite. This trend began after the crypto liquidation event on Oct. 10 and has persisted throughout November. The move comes as bitcoin (BTC) is on t ...

Coinbase announced that it is conducting scheduled internal wallet migrations for BTC and ETH as part of its security upgrades, noting that the move is not related to any security incident or market volatility. The migration will involve large on‑chain fund transfers but will not impact platform operations, and user deposit and withdrawal addresses will remain unchanged. https://t.co/bdsCp2o21F ...