Core Insights - Interactive Brokers has launched Coinbase Derivatives nano Bitcoin and Ether futures, enabling 24/7 trading [1][2] Group 1: Product Launch - The new futures contracts are available in two formats: monthly expirations and perpetual-style futures that do not require rolling [2] - The nano sizing of these contracts lowers the capital requirements compared to traditional Bitcoin futures, making it more accessible for investors [2] - The perpetual-style futures offer long-dated exposure and flexibility, according to CEO Milan Galik [2] Group 2: Market Impact - Coinbase Institutional Co-CEO Greg Tusar emphasized that the nano sizes allow more investors to engage with digital assets in a regulated environment [3] - IBKR stock has experienced a pullback after reaching highs near $80-$82, but remains above key moving averages, indicating a longer-term uptrend [4] - Near-term pressure is evident as IBKR tests support levels around $76-$77, with key support at $70-$71 aligning with the 50 EMA [5]

Coinbase 表示，Superform（UP）现货交易将于 2026 年 2 月 11 日上线，相关 UP-USD 交易对将在当日 稍晚、在满足流动性条件且支持交易的地区开放。 （来源：吴说） 吴说获悉，Coinbase 表示，将于 2026 年 2 月 12 日上线 RaveDAO（RAVE）、DeepBook（DEEP）和 Walrus（WAL）的现货交易，相关交易对 RAVE-USD、DEEP-USD 和 WAL-USD 预计将在东八区时间 2026 年 2 月 12 日 01:00 及之后、在满足流动性条件的情况下开放。 ...

Core Insights - The crypto market downturn has significantly impacted Coinbase, with its stock dropping over 50% since early October, including a 27% decline in 2026 alone [1] - JPMorgan's Ken Worthington has reduced his price target for Coinbase to $290 from $399, indicating a potential 75% upside from the current price of $165.5 [2] Financial Projections - Worthington projects adjusted EBITDA of $734 million for the upcoming quarter, down from $801 million in the previous quarter, primarily due to lower trading volumes and weaker crypto prices [2] - Spot crypto trading volume is estimated at $263 billion for the quarter, with stablecoin-related revenue projected at $312 million due to lower USDC circulation [3] Revenue Estimates - Total transaction revenue, including contributions from Deribit, is modeled at $1.06 billion, with Deribit expected to contribute approximately $117 million from an estimated $586 billion in trading volume [4] - Subscription and services revenue is expected to be $670 million, below Coinbase's prior guidance of $710 million to $790 million, reflecting softer crypto prices and lower staking yields [5] Analyst Opinions - Barclays analyst Benjamin Budish estimates adjusted EBITDA to be about 10% below consensus, citing weaker retail trading and blockchain rewards revenue [6] - Barclays estimates Coinbase's exchange volume at approximately $261 billion for the quarter, noting a 15% quarter-over-quarter decline in retail crypto volumes reported by Robinhood [7] - Compass Point analyst Ed Engel expresses a bearish outlook, anticipating disappointment in the subscription and services segment and suggesting that overall revenue remains closely tied to crypto prices [8]

Group 1 - Coinbase Global, Inc. (NASDAQ:COIN) is experiencing bearish sentiment from analysts, particularly Jim Cramer, who expressed reluctance to invest in the stock due to its correlation with Bitcoin and the overall cryptocurrency market [1] - Cramer highlighted that Coinbase is deeply linked to Bitcoin's price movements, suggesting that investors should consider scaling out of their positions as Bitcoin approaches a price range of $97,000 to $98,000, especially after a recent 6% gain [3] - There is a belief that while Coinbase has potential, other stocks, particularly in the AI sector, may offer greater upside potential with less downside risk, indicating a shift in investment focus [4]

Core Insights - Interactive Brokers has launched Coinbase Derivatives nano Bitcoin and nano Ethereum futures contracts, available in both monthly expiration and perpetual contract formats [1] - The contract sizes are set at 0.01 BTC and 0.10 ETH, allowing for smaller investment amounts [1] - Trading is available 24/7, with the exception of maintenance on Fridays from 17:00 to 18:00 ET [1]

The crypto world has been getting slammed since early in Q4 last year. Coinbase Global, Inc. ( COIN ) is no exception and has now dropped about 57% over four months. I had given the stockI am an investment author with passion for finance and global markets. I enjoy gearing toward economic analysis, specifically on a macro level. Through current and forward looking market trends, fundamental and technical analysis, my goal is to provide investors and readers with the tools and knowledge to make informed and ...

The crypto world has been getting slammed since early in Q4 last year. Coinbase Global, Inc. ( COIN ) is no exception and has now dropped about 57% over four months. I had given the stockI am an investment author with passion for finance and global markets. I enjoy gearing toward economic analysis, specifically on a macro level. Through current and forward looking market trends, fundamental and technical analysis, my goal is to provide investors and readers with the tools and knowledge to make informed and ...

Core Viewpoint - Interactive Brokers has launched Coinbase Derivatives, LLC nano Bitcoin and nano Ether futures contracts for trading on its platform [1] Company Summary - The introduction of nano Bitcoin and nano Ether futures contracts aims to enhance trading options for clients on the Interactive Brokers platform [1]

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors flat on the day, BTC at $68,600 Tempo hires Farcaster cofounders, adds to their deep talent bench Mr. Beast acquires teen-focused banking app Step Jump Trading to earn equity stakes in Polymarket & Kalshi MegaETH launches its mainnet, debuts “The Rabbit Hole” ...

Group 1 - The core perspective at the World Economic Forum 2026 is that crypto is evolving from a parallel financial system to an emerging institutional infrastructure, shaped by regulation and market structure [1][2] - The discussions at Davos have shifted from hype to execution, focusing on what can realistically be achieved in 2026 under specific rules and expected returns on capital [1][4] - Crypto is now being evaluated based on compliance, governance, and measurable outcomes rather than narratives, indicating a significant shift in perception [3] Group 2 - Stablecoins have emerged as the most deployable use case in the crypto space, with institutional demand and regulatory attention aligning [5] - Tokenization is being viewed as a targeted efficiency upgrade rather than a sweeping transformation, emphasizing faster settlement and improved operational risk management [5] - The competition for executive capital in 2026 is intense, with crypto now contending with AI, cybersecurity, and operational resilience for attention [6] Group 3 - At Bloomberg House, the focus was on legislative constraints affecting crypto, particularly the stalled Clarity Act, which has implications for tokenized equities and DeFi [8] - The delay in legislative progress highlights that policy details are currently more critical to adoption than technological advancements [8] - The debate surrounding stablecoins involves yield, consumer protection, and financial stability, indicating active fault lines in the regulatory landscape [8][9]