In cryptocurrency investing circles, it's fashionable to talk about buying the dip. Unfortunately, the "dip" has now turned into a full-blown rout in 2026. Top cryptocurrencies, including both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), are down anywhere from 20% to 35% for the year, and market sentiment has taken a nosedive. However, even amid crypto market chaos, there are some intriguing investment opportunities. Two cryptocurrencies that are on my shopping list for February are Hyperliquid (CRY ...

Core Viewpoint - Coinbase Global, Inc. is positioned as a leading cryptocurrency exchange with diversified revenue streams, despite facing recent stock price declines and a challenging market environment [1][2]. Group 1: Company Overview - Coinbase is a prominent cryptocurrency exchange platform that enables the buying, selling, and storage of digital assets [1]. - The company has expanded its revenue sources to include custody services, stablecoins, staking, and subscriptions, which help stabilize earnings during volatile market conditions [1]. - Institutional trading now constitutes 81% of Coinbase's trading volume dollars, indicating a significant operational shift towards institutional clients [4][6]. Group 2: Financial Performance and Projections - H.C. Wainwright has set a price target of $350 for Coinbase, suggesting a potential increase of approximately 67.18% from its current trading price of $150.33 [2][6]. - Despite a recent 57% decline in stock price, Coinbase is viewed as a buy opportunity due to strong cash growth and a robust balance sheet, with cash reserves nearly doubling over the past two years [2]. - The Zacks Consensus Estimate projects revenues for the fourth quarter of 2025 at $1.9 billion, reflecting an 18.8% increase from the previous year, although EPS is expected to decline by 66.1% [4]. - Trading volumes are anticipated to decrease by 36.4%, and transaction revenues are expected to fall by 33.5%, while subscription revenues are projected to range between $710 million and $790 million [5][6]. Group 3: Market Risks and Challenges - The YieldMax COIN Option Income Strategy ETF highlights the risks associated with covered call ETFs, particularly when the underlying stock experiences sharp declines [3]. - Reverse splits in similar ETFs have occurred due to value losses exceeding 90%, indicating significant market volatility and risks [3].

The ripple effects of Oct. 10, 2025 are still moving through crypto markets. Now they are reshaping the billionaire leaderboard. Coinbase (NASDAQ: COIN) CEO Brian Armstrong is no longer listed among the world’s 500 richest people on the Bloomberg Billionaires Index, following a steep downturn in digital asset prices and Coinbase stock. Related: Treasury Secretary Bessent warns Coinbase is blocking major legislation What is the Bloomberg Billionaires Index? Bloomberg’s Billionaires Index is a daily ran ...

Core Insights - Coinbase has developed the first crypto wallet infrastructure specifically designed for AI agents, named Agentic Wallets, which allow users to equip agents with autonomous spending, earning, and trading capabilities [2][8] - The Agentic Wallets aim to overcome limitations faced by AI agents, which can recommend trades or identify necessary APIs but cannot execute transactions without human approval [3][9] - This new offering builds on Coinbase's previous tool, AgentKit, and utilizes the x402 payments protocol, which has already processed over 50 million transactions, enabling machine-to-machine payments without human intervention [8] Product Features - Agentic Wallets provide user protections such as session caps to limit the maximum spending per session and controls on individual transaction sizes [9] - The wallets are part of a broader initiative to support agentic commerce, following the launch of "Payments MCP," which gives AI agents access to on-chain financial tools [9] Industry Context - The importance of digital identity measures for AI agents in the Web3 space is highlighted, emphasizing the need for portable, composable, and verifiable identities to navigate interactions safely [10] - Verifiable on-chain identities are seen as essential for simplifying interactions between AI agents and humans, as well as between AI agents themselves, thereby enhancing trust and reducing the risk of misrepresentation [11]

Recent crypto market volatility hasn't been kind to crypto exchange Coinbase. At the time of writing, COIN has lost 8% since the opening bell on Wednesday and was changing hands for about $149 per share. The stock has now dropped 34% since the start of the year, according to Yahoo Finance. "Obviously been a bit of a bloodbath," Argus Research analyst Kevin Heale told Decrypt. Heale added that he's been watching to see if retail and leveraged investors come back into the market. In the meantime, he said ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Getting capital onto an exchange usually comes with friction. Fees, delays, and missed opportunities can all eat into returns. Kraken is flipping that dynamic. For a limited time, Kraken is offering a 3% match on new cash or crypto deposits through March 9, giving investors extra capital just for moving money to the platform. Instead of charging for access or locking perks behind subscriptions, Kraken is ...

Decentralised exchange Uniswap’s UNI token becomes the biggest winner after the world’s biggest asset manager, BlackRock, announced on Wednesday that it obtained an undisclosed amount of the protocol’s tokens. Uniswap’s Ethereum-based token, UNI, was recently priced at $4.25, according to CoinGecko, up more than 20% over the past day. UNI soared as high as $4.36 just after 9am in New York. The token is still well below its 2021 record of nearly $45. Other major coins and tokens like Bitcoin and Ethereu ...

Even after that sharp correction, valuation metrics suggest a different narrative may be forming. On price metrics, Coinbase looks fairly cheap relative to peers. Its forward P/E is roughly in the mid-teens, about half the 33× average for diversified fintech/brokerage peers. Similarly, Coinbase’s price/sales 6× is well below the 10× range seen at many larger exchanges. In other words, COIN trades at a notable discount to the group. Investors note this gap, and some analysts call COIN undervalued, given its ...

South Korea's Bithum admitted Wednesday that severe flaws left the trading platform’s internal system wide open to potential sabotage and that it failed to prevent the mistaken transfer of $40 billion in bitcoin to customers, according to Reuters. The blunder, which triggered the price of bitcoin to plunge by 17% on Bithumb, according to Reuters, consisted of the country’s second-largest crypto trading platform accidentally giving away 620,000 bitcoins to customers instead of just 620,000 won (roughly $42 ...

Brian Armstrong, the CEO and co-founder of the largest cryptocurrency exchange in the U.S., Coinbase (NASDAQ:COIN) , has dropped out of the Bloomberg Billionaires Index, which ranks the world's 500 wealthiest individuals.Armstrong's departure from the list of the world's 500 wealthiest coincides with a steep crypto market decline, as Bitcoin drops below $70,000 for the first time since late 2024. His fortune remains heavily linked to his roughly 14% stake in Coinbase.Per the Bloomberg index, Armstrong’s net ...