（来源：吴说） 吴说获悉，Coinbase Markets 表示，Infinex（INX） 现货交易将于 2026 年 1 月 31 日 上线，在符合流动 性条件的支持地区，INX-USD 交易对将于当日稍晚开放。 ...

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong reportedly faced harsh criticism from Wall Street’s biggest bank chiefs at the World Economic Forum in Davos.The Davos ShowdownJPMorgan Chase (NYSE:JPM) CEO Jamie Dimon interrupted Armstrong’s coffee meeting with former U.K. Prime Minister Tony Blair to confront him directly according to a Wall Street Journal feature published on Friday.“You are full of s—,” Dimon said with his index finger pointed at Armstrong’s face, telling him to stop lying on telev ...

Core Insights - Increased volatility, supportive U.S. economic policies, higher acceptance of digital assets, and retail trading growth are shaping the future of exchanges [1] - Coinbase Global Inc. (COIN) is positioned to benefit from market volatility and rising digital asset valuations, while Intercontinental Exchange (ICE) is set to grow through a solid portfolio and risk management services [1][2] Coinbase (COIN) - Coinbase is leveraging President Trump's pro-crypto stance and aims to transform into an "everything exchange" offering a wide range of financial services [3] - The company has expanded its product ecosystem, including enabling Solana on its Base network, launching Shiba Inu futures, and introducing new products like prediction markets and tokenized equities [4] - Coinbase's growth strategy includes a focus on its Base Layer 2 blockchain and stablecoins to enhance crypto adoption and reduce costs [5] - Mergers and acquisitions are key to Coinbase's strategy, with ten acquisitions in 2026, including The Clearing Company, to strengthen its prediction market presence [6] - Despite facing margin pressure from high operating costs, Coinbase's expanding ecosystem and improving regulatory environment support a positive long-term growth outlook [7] - The Zacks Consensus Estimate for COIN's 2026 revenues indicates an 11.6% year-over-year increase, with EPS expected to grow by 27.3% [14] - COIN shares have decreased by 42.1% over the past six months, trading at a forward P/E multiple of 34.4, lower than its three-year median of 46.1 [16][17] Intercontinental Exchange (ICE) - ICE offers a comprehensive suite of products and risk management services, supported by strategic acquisitions that enhance its offerings [8][12] - The company is well-positioned to benefit from the digitization of the U.S. residential mortgage market and is expanding its mortgage business through the integration of Ellie Mae [10] - ICE maintains a strong global data services platform, with expected growth in data revenue driven by market activity and performance in its index business [11] - The company has a solid track record of acquisitions that have contributed to growth and expense synergies, supported by a strong balance sheet [12] - The Zacks Consensus Estimate for ICE's 2026 revenues implies a 6.1% increase, with EPS expected to grow by 9.4% [14] - ICE shares have increased by 19.7% in the past six months, trading at a forward P/E multiple of 23.5, higher than its three-year median of 22 [16][17] Conclusion - Coinbase is diversifying its revenue base through trading fees, staking, custodial services, and derivatives, aiming to be a one-stop destination for digital asset trading [18] - ICE is poised for growth through its strong portfolio, risk management services, strategic acquisitions, and impressive dividend history, having doubled its dividends in the last six years [19]

Core Insights - The Norwegian Government Pension Fund is projected to gain indirect exposure to approximately 9,573 BTC by 2025 through investments in crypto-related publicly traded companies, representing a year-on-year increase of about 149% [1] Group 1: Investment Details - The indirect exposure to Bitcoin primarily stems from investments in companies such as Coinbase, Marathon Digital, and Metaplanet [1]

Core Viewpoint - The article discusses investment opportunities in the cryptocurrency sector, highlighting three specific companies that are positioned to benefit from the evolving landscape of blockchain technology and regulatory developments [1][2]. Group 1: Industry Insights - The primary value in the crypto/blockchain ecosystem is expected to shift from private projects to public companies that effectively leverage blockchain technology while remaining compliant with mainstream financial services [2]. - Regulatory uncertainty, particularly regarding the stalled CLARITY Act in the US Senate, continues to impact investor sentiment and the overall market for cryptocurrencies [3]. Group 2: Company Analysis - Strategy (MSTR) - Strategy has accumulated over 712,000 bitcoins, valued at approximately $62.5 billion, making it the largest bitcoin treasury company globally [5][6]. - The company recently purchased $264.1 million worth of bitcoin from January 20 to January 25, following a significant acquisition of $2.13 billion in the previous week [7]. - Analyst Ramsey El-Assal rates MSTR as Overweight (Buy) with a price target of $213, indicating a potential 34% gain over the next year [8]. Group 3: Company Analysis - Coinbase (COIN) - Coinbase operates as a leading digital exchange for cryptocurrencies, with $516 billion in assets on the platform and a quarterly trading volume of $295 billion [10][12]. - The company reported a 55% year-over-year revenue growth in Q3 2025, reaching $1.9 billion, and a diluted adjusted net income per share of $1.44 [12][13]. - El-Assal gives COIN an Overweight (Buy) rating with a price target of $277, suggesting a 32% upside potential [13]. Group 4: Company Analysis - Robinhood Markets (HOOD) - Robinhood has gained popularity among online traders, boasting 26.9 million funded customers and $325 billion in total platform assets [15]. - The company reported a record revenue of $1.27 billion in Q3 2025, reflecting a 100% year-over-year increase [17]. - El-Assal rates HOOD as Overweight (Buy) with a price target of $130, indicating a 26% upside potential [18].

Core Insights - Embedded finance is expected to grow significantly as various players integrate financial services into mobile applications, enhancing user experience and accessibility [1][2] Group 1: Embedded Finance Trends - Embedded finance will become a common aspect of daily life, with financial activities integrated into social media and other frequently used applications [2] - This integration allows brands to engage customers in their financial activities directly within the platforms they use [2][3] Group 2: Fintech Banking Charters - Several fintech companies, including Affirm Holdings, Checkout.com, Fiserv, PayPal Holdings, and Stripe, have pursued banking charters recently, indicating a trend towards fintechs becoming banks [4] - The process of obtaining a banking charter is selective, and not all companies will receive approval, as it depends on specific circumstances and regulatory considerations [5] Group 3: Agentic Finance - There is an anticipated increase in agentic finance, which will provide consumers with guidance on personal finance, including account management and financial product recommendations [6]

tria 上coinbase一直看在关注终于有了回报Coinbase Markets 🛡️ (@CoinbaseMarkets):Assets added to the roadmap today: Tria (TRIA) and Zama (ZAMA)https://t.co/lyEugQo7Cv ...

Group 1 - The Commodity Futures Trading Commission (CFTC) is drafting clear rules for prediction markets and withdrawing previous proposals that prohibited sports and politics-related contracts [1][2][3] - CFTC Chair Michael S. Selig emphasized the need for clear standards for event contracts, stating that the existing framework has been difficult for market participants [4] - The CFTC is also reevaluating its involvement in legal matters currently under consideration by federal courts, asserting its exclusive jurisdiction over commodity derivatives [5][6] Group 2 - The new guidelines come amid increased legal scrutiny from state authorities regarding prediction markets, with Coinbase filing lawsuits against several states to establish CFTC as the sole regulator [6][7] - Companies like Genius Sports, DraftKings, and Flutter Entertainment showed mixed stock performance following the announcement, while Coinbase and Robinhood closed lower [8]

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 348,000,000 #USDC (348,487,200 USD) transferred from Coinbase Institutional to #Coinbasehttps://t.co/UvS7tsojJZ ...

Core Insights - The ETF market is evolving with issuers exploring new products beyond traditional offerings, indicating a shift towards thematic investing [1] - Thematic ETFs have seen significant growth, with a total of $779 billion in assets under management globally by the end of Q3 2025 [2] Group 1: Bitwise Crypto Industry Innovators ETF - The Bitwise Crypto Industry Innovators ETF (NYSEMKT: BITQ) has nearly $431 million in assets under management and is approaching its five-year anniversary, demonstrating sustained investor interest [3] - This ETF does not directly own cryptocurrencies but tracks the Bitwise Crypto Innovators 30 Index, which consists of crypto-correlated equities [4] - The ETF has correlations to Bitcoin and Ethereum of 0.7 and 0.63, respectively, providing investors with significant exposure to the performance of these digital currencies [5] Group 2: Financial Services Sector Exposure - The Bitwise ETF offers a modern approach to investing in the financial services sector, with a 41.1% allocation to custody and trading companies, differentiating it from traditional financial services ETFs [6][7] - Coinbase Global is the largest holding in the ETF, making up 8.39% of the portfolio, alongside other innovative financial companies like Bullish and Robinhood Markets [7]