🚨 🚨 2,238,839 #LINK (39,206,203 USD) transferred from unknown wallet to #Coinbasehttps://t.co/UtkkwgVx23 ...

Core Insights - The well-known private equity manager Wu Yuefeng's fund, Jiayue Yuefeng Investment Genesis, is nearing breakeven with a latest net value of 0.9854, recovering from a low of 0.3850 earlier this year [2][3][12] - The fund has achieved a year-to-date return of over 60%, although it remains at the bottom of the private equity rankings [2][12] - The fund's performance has seen a remarkable recovery, with a 156% increase since its lowest point in March [2][3] Performance Summary - As of October 10, 2025, the fund's net value is 0.9854, with a year-to-date return of 60.72% [2] - The fund's cumulative return since inception is 1.46%, with a historical maximum drawdown of 75.98% [2][11] - The fund's performance has fluctuated significantly, with a notable drop to 0.3850 in March 2025, followed by a recovery phase [3][4] Investment Strategy - Wu Yuefeng's investment strategy has involved high-risk trading, including shorting stocks like Nvidia and attempting to time the market with various sectors, which led to significant losses in early 2024 [3][4][5] - The fund's recovery has been attributed to a strategic pivot towards investing in Coinbase, which has shown strong performance in the cryptocurrency market [6][8][10] - The fund's net value has closely mirrored Coinbase's performance, indicating a successful alignment with high-growth assets [8][10] Market Context - The private equity landscape has been challenging, with Wu Yuefeng's fund experiencing extreme volatility and investor frustration due to prior poor performance [5][12] - The recent recovery highlights the potential for significant rebounds in private equity investments, particularly when aligned with trending sectors like technology and cryptocurrency [6][10]

JUST IN: Coinbase CEO Brian Armstrong says "in 10 years, many more people will use crypto, but they may not know they're using crypto." https://t.co/ZozDR7spvl ...

For more insights on where markets may be headed, check out Charting Crypto: Navigating Uncertainty from @CoinbaseInsto and @Glassnode ↓https://t.co/GiDibZTJCS ...

Core Insights - Coinbase has launched a new suite of tools on its Coinbase Business platform aimed at enhancing global money transfers for companies, featuring global payouts and payment links that utilize USDC, a stablecoin pegged to the U.S. dollar [1][2] Group 1: Global Payouts - The global payouts feature enables businesses to send USDC to any on-chain address or email, facilitating instant international transfers without high wire fees or delays [3] - Recipients can receive funds without gas fees on networks like Base or via email, even if they do not have a crypto wallet [3] - The platform includes contact management tools to save vendor details and reduce manual errors, along with a Payouts API for automated, batch, or scheduled payments, enhancing cash flow predictability [4] Group 2: Customer Payments - The payment links feature allows businesses to collect payments from customers globally through shareable links, enabling payments in USDC within seconds without network fees or chargebacks [5] - The upcoming Payment Links API will facilitate dynamic payment creation within applications or e-commerce flows, enhancing user experience [6] Group 3: Future Developments - The introduction of these features represents a significant evolution in Coinbase's merchant strategy, with plans to merge Coinbase Commerce with Coinbase Business, creating an integrated ecosystem with full custody and fiat cash-out capabilities [7]

Product Launch - Coinbase launches global payouts and payment links, facilitating instant, low-fee USDC payments for businesses [1]

Core Insights - Coinbase has launched a new business product called Coinbase Business, designed as an "all-in-one financial platform" for small- and medium-sized firms to manage crypto transactions and earn yield on stablecoins [1][3] - The platform will allow businesses to receive crypto, manage assets, and earn up to 4.1% APY on USDC held in their accounts [1][2] - Coinbase has a significant stake in USDC issuer Circle, allowing it to earn 50% of the revenue from interest on cash reserves backing the stablecoin [2] Product Features - Coinbase Business will offer instant crypto settlements, multi-user access, and integrations with accounting software like QuickBooks and Xero [1] - The onboarding process for Coinbase Business will be self-service, with most applicants approved within two days [3] - The platform aims to streamline financial operations, including payroll and vendor payments, and will link to crypto tax software [3] Market Position - The launch positions Coinbase in competition with fintech companies like Mercury and Brex, as well as crypto payment firms such as BitPay and OpenNode [4] - Coinbase is marketing the service as a "crypto operating account," combining banking, exchange, and payment processing functions [4] Development Timeline - The product is currently in its alpha phase, with businesses invited for early access, and full availability is planned for later in 2025 [5]

Market Focus - Coinbase is increasing its investment and presence in the European market [1] - The next phase of cryptocurrency development in Europe is commencing [1] Adoption Trend - Institutional adoption of cryptocurrency is on the rise [1]

Core Insights - Coinbase Business is launching a new B2B payments suite aimed at simplifying the transfer of USDC, a U.S. dollar-backed stablecoin, making it as easy as sending an email [1][2] - The new global payouts feature allows companies to send USDC to any on-chain address or directly to an email recipient, with automated onboarding for recipients without crypto wallets [2][4] - The launch represents a significant evolution in Coinbase's merchant services, merging Coinbase Commerce into Coinbase Business to enhance operational capabilities for enterprise-scale finance [4][5] Payment Automation - The new Payouts API enables businesses to automate payment workflows, allowing for on-demand, batch, or scheduled disbursements [3] - Coinbase's payment links allow businesses to generate shareable links for specific amounts in USDC, facilitating instant transactions without network fees or waiting periods [7][8] Market Positioning - Coinbase's entry into business payments reflects a strategic bet on the future of global commerce, emphasizing instant, interoperable, and programmable money [5] - The company aims to address the inefficiencies of traditional payment processors, which charge around 3% per transaction and delay payouts [6] User Experience Focus - The forthcoming Payment Links API is designed to automate payment processes at scale, potentially integrating into various platforms [8] - Industry experts highlight that improving user experience is crucial for crypto adoption, with a vision for payments to be simple enough for anyone to use [8][9]

🔥NEW: Coinbase Introduces Its Own Stablecoin Payments Platform.Coinbase Business will simplify vendor payments, eliminate chargebacks, and offer seamless API integrations.@IanAllison123 reports. https://t.co/YuQEJsIkIG ...