But things have accelerated this month, following a closed-door meeting where Senate Majority Leader Chuck Schumer reportedly urged Senate Democrats to get the legislation "over the finish line." SkyBridge Capital founder Anthony Scaramucci and vocal Bitcoin (CRYPTO: BTC ) advocate linked this to the surge in industry campaign funding for midterms.Coinbase CEO Brian Armstrong opposed the latest draft less than 24 hours before a planned Senate Banking markup, posting on X that it “would be materially worse t ...

Core Viewpoint - Coinbase reported a surprise loss for Q4 2025, with a significant decline in consumer transaction revenue, raising concerns among investors about its business model and market position [1][2]. Financial Performance - Coinbase posted a loss of $666.7 million, or $2.49 per share, for the quarter ending December 31, 2025, contrasting with analyst expectations for a profit [2]. - Transaction revenue fell to $982.7 million from $1.56 billion a year earlier, marking a more than 45% drop in consumer transaction revenue [3]. - The "subscription and services" segment saw a 13.5% increase, reaching $727.4 million, indicating a shift towards more recurring revenue streams [3]. Market Context - There was a net outflow of approximately $3.6 billion from U.S. spot Bitcoin ETFs in November and December 2025, with an additional $1.7 billion leaving in January 2026, reflecting a broader pullback from crypto investments [2]. - Major financial institutions are increasingly engaging with crypto, as evidenced by BlackRock's steps toward a U.S. Ethereum staking ETF and partnerships between traditional banks and crypto firms [9][10]. Regulatory Environment - The potential enactment of the Clarity Act could provide clearer federal oversight for digital asset markets, which may alleviate regulatory concerns in the sector [8]. - Coinbase's CEO highlighted that regulatory clarity is emerging, which could benefit the company and the broader crypto market [6]. Institutional Engagement - Coinbase's CEO noted that some large financial players are beginning to collaborate with the company, indicating a shift in institutional attitudes towards crypto [5]. - Partnerships with banks like Citi and PNC are aimed at modernizing payment solutions and offering Bitcoin trading to institutional clients [10].

Welcome back. Future of crypto regulation is a big topic here at the World Liberty Forum in Mara Lago. Joining me now is Coinbase CEO Brian Armstrong and Senator Bernie Mareno.Republican from Ohio. Senator Mareno is one of the leaders of the negotiations in Washington and a former crypto entrepreneur himself. Gentlemen, it's good to have you both. >> Kind of rare to have you together.Um I I like it. So, so Brian, what is the what is the status of the market structure regulation that that you famously blocke ...

Stock buybacks have become the preferred method of returning value to shareholders over the last decade, almost tripling in value for the top 1200 companies globally during this period. So when companies announce a new buyback program, it sounds like just another development. Investors reacted differently, however, when Coinbase (COIN) announced it had bought back about 8 million shares in the previous quarters in an attempt to reduce share dilution. The stock went up 16% on the news as investors welcomed ...

Cathie Wood is back shopping. ARK Invest just picked up 41,453 shares of Coinbase stock, worth about $6.9 million. What makes it interesting is the timing. Just weeks ago, ARK was trimming exposure. Now they are stepping back in as COIN tries to stabilize. Key Takeaways The Buy: ARK purchased 41,453 shares worth $6.9 million across three ETFs on Feb. 18. The Split: The majority went to the flagship Innovation ETF (ARKK), which took 29,689 shares ($4.9 million). The Pivot: This reverses a selling strea ...

Group 1 - Coinbase CEO Brian Armstrong stated that the company is "misunderstood" on Wall Street, with traditional finance players divided between embracing and resisting cryptocurrency [1][2] - Armstrong compared the skepticism towards cryptocurrency to how taxi companies viewed ridesharing models, suggesting that traditional finance professionals see crypto as a threat to their established careers [1][2] - He emphasized that Coinbase is not yet a consensus view among traditional analysts and encouraged focusing on the company's actions and track record rather than analyst models [2] Group 2 - Coinbase's fourth-quarter revenue for 2025 was reported at $1.78 billion, which missed analyst estimates, while the EPS was strong at $0.66, beating forecasts [3] - The full-year revenue for Coinbase reached $7.2 billion, marking a 9% increase from the previous year [3] - The stock has a consensus price target of $314.94 from 29 analysts, with an average price target of $194, indicating a potential upside of about 17.23% [3] Group 3 - Armstrong accused banks of stifling competition and called for lawmakers to create a "level playing field" through legislation [4] - Coinbase shares experienced a decline of 0.32% in after-hours trading, following a 1.03% increase during the regular trading session, closing at $166.02 [4] - The stock maintains a weaker price trend in the short, medium, and long term, with an average Value ranking according to Benzinga's Edge Stock Rankings [4]

Core Viewpoint - Coinbase CEO Brian Armstrong acknowledges shareholder criticism regarding marketing and execution failures of the Base App, indicating a willingness to take responsibility for these issues [1] Group 1: Company Response - Armstrong states that the issues related to the Base App are now in the past, and the app has been transformed into "Coinbase's self-custody version" focusing on trading functionalities [1] - The update for the Base App was completed a few weeks ago, reflecting the company's commitment to improving its offerings [1] Group 2: Strategic Focus - Armstrong emphasizes the importance of having a purely self-custody wallet as the world shifts towards on-chain solutions [1] - Despite the focus on the Base App, the company continues to allocate the majority of its resources to its core retail applications [1]

Group 1: AMD and Broadcom Trades - Ark Invest executed significant trades involving Advanced Micro Devices Inc. (AMD) and Broadcom Inc. (AVGO) [1] - ARKK and ARKQ funds purchased a total of 24,205 shares of Broadcom, valued at approximately $8 million, with the stock closing at $332.54 [2] - Broadcom's recent performance has been positively impacted by Alphabet Inc.'s forecast of increased capital expenditures [2] Group 2: Coinbase Trade - Coinbase Global Inc. (COIN) is gaining market share and is viewed as a key player in the cryptocurrency economy [3] - Analysts have noted Coinbase's diversification and strategic positioning in the crypto space [3] Group 3: Airbnb Trade - Ark Invest reduced its holdings in Airbnb Inc. (ABNB), selling a total of 15,711 shares through its ARKF and ARKK funds, valued at approximately $2 million with the stock closing at $124.23 [4] - Airbnb's stock has been rising following positive earnings and analyst revisions, despite missing EPS expectations [4] Group 4: Additional Insights on AMD - AMD stock has a Momentum in the 89th percentile and Value in the 10th percentile according to Benzinga Edge Stock Rankings [5]

Group 1 - The core point of the article highlights that despite a significant decline in retail trading volume compared to the peak in 2021, Coinbase has managed to compensate through its subscription and services business, with stablecoin-related revenue projected to account for approximately 19% of total revenue in 2025 [1] - Coinbase has partnered with Circle to earn 100% interest income on USDC assets held on its platform and shares 50% of the external USDC reserve earnings, resulting in Coinbase's stablecoin revenue surpassing that of Circle [1] - The company holds veto rights over new USDC-related partnerships, indicating a strategic position in its collaborations [1]

吴说获悉，Coinbase CEO Brian Armstrong 发文回应"为何华尔街总是误解或低估 Coinbase"，称这是典 型的"创新者窘境"。他指出，约 50% 的大型金融机构（包括 5 家全球系统重要性银行 GSIB）正在拥抱 加密货币并与 Coinbase 合作，而另一半因利益冲突而抵制。Armstrong 提醒投资者关注调整后净利润 （上一季度已盈利），而非仅看包含未实现损益的 GAAP 数据。 来源：市场资讯 （来源：吴说） ...