Base token is 100% coming.Robbie says it’ll be the biggest L2 token easily.I wonder if $COIN holders will get an allocation somehow OR if we will be diluted, which would be the worst outcome.Coinbase is on an absolute tear right now & I think this is a catalyst for Wall Street.Frank agrees.Feeling bullish overall, hbu???robbie (@robbie_rollup):I asked Coinbase bull Frank Chaparro for his take on the Base token announcement https://t.co/l2ozVvD0yU ...

RT Unipcs (aka 'Bonk Guy') 🎒 (@theunipcs)i get the frustration with the crazy volatility that $USELESS has shown over the past few monthsespecially with the aggressive hate directed at USELESS bulls whenever it corrects. i have an army of people attacking me every time USELESS corrects 5% from a local high, even though i bullposted it hard when it was sub $10m... so i want to think i understand this hate better than anyonethat said, people simply need to zoom out and see the big pictureevery other memecoin ...

RT Morpho 🦋 (@MorphoLabs)Morpho now powers USDC lending on @coinbase.Millions of users can earn more on USDC with sustainable yield backed by global borrowing demand — all within the Coinbase App.Curated by @SteakhouseFi. Powered by Morpho. https://t.co/eGAWanSYoZ ...

Coinbase Global (NASDAQ:COIN) is introducing an onchain lending product that lets users earn yields of up to 10.8% on their USDC (USDC-USD) stablecoin deposits, it said on Thursday. The new feature will be rolled out to users over the coming ...

Core Insights - Coinbase has launched a USDC lending product that allows customers to earn yield directly from its app, enhancing its integration with decentralized finance (DeFi) [1] - The lending feature is powered by Morpho, which manages deposits through curated "vaults" [1] - Users can deposit USDC and earn returns from interest paid by borrowers, with the ability to withdraw funds anytime without lockups [1] Group 1: Product Features - The new lending product creates a flywheel effect, where lending and borrowing services support each other [2] - More than $900 million in loans have been originated through Coinbase's crypto-backed loan service, contributing to a complete onchain lending and borrowing ecosystem [2] Group 2: Strategic Approach - Coinbase is utilizing Morpho's smart contracts for backend operations while maintaining its user-friendly interface, adopting a "DeFi mullet" strategy [3] - This approach combines a familiar fintech experience with decentralized infrastructure, aiming to simplify access to decentralized lending markets for users [4] Group 3: Market Implications - The product emphasizes the belief that the future of finance will rely on open networks accessed through trusted platforms [4]

Market Overview - Wall Street is experiencing a rally, with the S&P 500 rising 0.5% and approaching its all-time high, while the Dow Jones Industrial Average increased by 88 points (0.2%) and the Nasdaq composite rose by 1% [3] - Encouraging economic reports have contributed to rising Treasury yields in the bond market, with manufacturing growth in the mid-Atlantic region exceeding expectations and a decrease in unemployment benefit applications [5][6] Company Highlights - Intel's stock surged by 29.3%, marking its best day since 1973, following Nvidia's announcement of a $5 billion investment in Intel's stock as part of a collaboration to develop products for data centers and personal computers [4] - Nvidia's stock increased by 3.4%, significantly contributing to the S&P 500's performance as it remains Wall Street's most valuable company [4] - Novo Nordisk's stock rose by 5.8% after a study indicated that its once-a-day pill version of Wegovy significantly aids weight loss and its Ozempic product reduces health risks for type 2 diabetes patients [10] Cryptocurrency Market - Stocks in the cryptocurrency sector saw substantial gains, with Coinbase Global rising by 7.8%, Bullish by 11.3%, and Circle Internet Group by 6.1%, as Bitcoin surpassed $117,500 following the Fed's interest rate cut [11] Underperforming Companies - Darden Restaurants, which operates Olive Garden, saw its stock decline by 9.5% after reporting a profit below analysts' expectations, despite raising its revenue growth forecast [12] - Cracker Barrel's stock fell by 4.8% due to weaker-than-expected profit results and a revenue forecast that did not meet analysts' expectations [13] - The Walt Disney Co. experienced a 1.5% drop in stock price after its ABC division suspended Jimmy Kimmel's late-night show indefinitely due to controversial comments [14]

🚨 🚨 🚨 424 #BTC (50,007,002 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/pXMeN4pZVq ...

🚨 🚨 🚨 429 #BTC (50,564,333 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/TqeJtBWZhw ...

🚨 🚨 🚨 431 #BTC (50,783,697 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/3OyMsJFczR ...

Coinbase and Robinhood among the 'best positioned' to benefit from interest rate cut: Mizuho https://t.co/ihhSzkZmmd ...