OKX has launched more than 20 equity perpetual swap contracts, offering users across Asia, the CIS region, Latin America, and Türkiye exposure to trade major global stocks around the clock using crypto as collateral. The launch includes the full “Magnificent 7”—Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon, and Meta, according to a statement shared with Decrypt. It also covers crypto-linked firms such as Strategy, Coinbase, Robinhood, and Circle, as well as technology stocks Palantir, Intel, Micron, ...

Gemini investors are suing the crypto exchange and its billionaire founders, twins Cameron and Tyler Winklevoss, over the company’s “abrupt corporate pivot” that saw it turn its focus from crypto trading to prediction markets. The IPO documents falsely portrayed the firm as focused on expanding its reach as a crypto exchange, the lawsuit said. Instead, Gemini has shuttered operations in the UK, the EU and Australia. It has also laid off nearly one-third of its employees, including its chief operating offi ...

Core Viewpoint - Gemini is facing a class action lawsuit from shareholders alleging that the company failed to disclose its shift into prediction markets and overstated the viability of its core business prior to going public [1][4]. Group 1: Allegations of Misleading Information - The lawsuit claims that Gemini overstated the viability of its core business as a crypto platform and its commitment to expanding international operations [2]. - Shareholders argue that Gemini withheld information indicating the company was preparing for an "expensive and disruptive restructuring," which included laying off over a quarter of its staff and exiting European and Australian markets [3]. Group 2: Impact on Stock Performance - Since going public six months ago, Gemini's stock has lost nearly 85% of its value, while Bitcoin has decreased by approximately 40% during the same period [5]. - The lawsuit states that the decline in Gemini's stock value is largely due to the company's alleged failure to disclose the true state of its business and future plans [5]. Group 3: Recent Developments - On a recent Thursday, Gemini shares rose nearly 7% in after-hours trading after reporting more stable revenue streams for 2025 and indicating success from cost-cutting efforts, despite a reported net loss of $582.8 million for 2025 [6]. - However, as of the following Friday, Gemini's stock was down 5.8%, trading at $5.66 [6].

Gemini Revenue Grows To $180 Million But Losses Balloon To $583 Million In 2025 Crypto exchange Gemini (NASDAQ: $GEMI) reported its fourth-quarter and full-year 2025 financial results on Thursday, showing a year of rapid expansion tempered by massive net losses and a retreat from international markets. The Cameron and Tyler Winklevoss founded company said total revenue for the fiscal year rose 26% to $179.6 million, up from $142.2 million in 2024. The growth was fueled by the Gemini Credit Card, which saw ...

Gemini shares climbed in after-hours trading on Thursday after the crypto exchange business reported a shift toward more stable revenue streams and outlined an expansion into prediction markets, even as trading activity declined. The stock rose about 7% to $6.45 in late trading after closing at $6.01, as investors appeared to focus on its improving revenue mix and cost-cutting efforts rather than weaker volumes. The company reported fourth-quarter trading volume of $11.5 billion, down 30% from the prior q ...

The broader crypto market’s relief rally and sustained Bitcoin ETF inflows face a key test ahead of Wednesday's FOMC meeting. The seven-day inflow streak has seen U.S. spot Bitcoin ETFs rake in $1.16 billion, with last Tuesday’s $250.92 million marking the largest single-day inflow, according to SoSoValue. The uptick in investor confidence is also reflected in weekly flows, which have recorded a four-week inflow streak totaling $2.52 billion. The bullish ETF flows and Bitcoin’s relief rally are largely ...

Core Insights - Pepeto's presale stage sold out in hours, indicating strong demand and investor interest, with over $8.1 million raised [3][4][10] - The urgency among investors is driven by a bullish market outlook for Bitcoin and XRP, with predictions of Bitcoin reaching $250,000 by year-end [5][10] - The presale's rapid sellout reflects the involvement of large holders, or "whales," who are positioning themselves ahead of the anticipated Binance listing [8][10] Market Dynamics - Bitcoin is currently priced at $73,000, forming higher lows, with only 5.8% of its supply available on exchanges, indicating a bullish trend [5][12] - XRP has seen significant inflows, with $1.44 billion in ETF investments, further supporting the positive market sentiment [5] - The overall crypto market is experiencing a rally, with capital flowing into Pepeto due to its unique revenue model that benefits presale holders from exchange activity [6][10] Pepeto's Unique Proposition - Unlike traditional tokens like XRP and BTC, Pepeto generates revenue from every transaction on its exchange, providing immediate benefits to holders [6][10] - The platform offers a unified liquidity layer with zero fee settlement and AI threat detection, appealing to institutional investors [7] - The presale's success and the upcoming Binance listing are expected to enhance Pepeto's market position and attract further investment [8][11]

Core Viewpoint - Coinbase Global is adapting its business model to establish diverse revenue streams beyond cryptocurrency trading, positioning itself as a comprehensive investment platform [3][10]. Group 1: Company Performance - Coinbase's stock price has experienced significant volatility, declining approximately 40% over the past six months due to cryptocurrency price slumps [1]. - Recent recovery signs in digital assets have led to a price increase of over 25% in the past month, with Coinbase trading around $196 as of March 12 [2]. Group 2: New Revenue Streams - Coinbase launched 24/5 stock trading in the U.S., offering around 6,000 U.S. stocks and ETFs for commission-free trading, which enhances its competitive position between crypto exchanges and traditional brokerages [5]. - The company introduced futures contracts in 26 European countries, allowing customers to leverage up to 10 times on certain products, further diversifying its offerings [6]. Group 3: Stablecoin Revenue - Stablecoins, particularly USD Coin (USDC), are projected to be a significant revenue source for Coinbase, with yields from USDC deposits contributing nearly 20% of the company's revenue last year [7][9]. - Coinbase generated $1.35 billion from stablecoins in 2025, an increase from $911 million in 2024, indicating strong growth potential as financial institutions adopt stablecoins [9]. Group 4: Strategic Positioning - Coinbase holds a significant stake in USDC, the second-largest stablecoin by market cap, and earns revenue from both on-platform and off-platform USDC holdings [8]. - The company is involved in various blockchain initiatives, including custody services for Bitcoin ETFs and developing crypto wallets for AI agents, reinforcing its central role in the blockchain ecosystem [10].

Ethereum is trading sideways, frustrating retail investors who have watched the second-largest cryptocurrency stagnate. But beneath the choppy price action, a critical on-chain signal has just flashed green. The Ethereum Scarcity Index on Binance has climbed to 0.67, a positive reading that indicates more ETH is leaving the exchange than entering it. This metric suggests that available supply is tightening exactly as price consolidates around the $2,050 level. Is this a signal that smart money is accumul ...

Core Viewpoint - Coinbase Global (COIN) has underperformed in the market, with shares down 13.1% year to date, lagging behind the industry, sector, and the S&P 500 composite [1][9]. Company Performance - COIN is positioned to benefit from expanding its product offerings, including a broader range of digital assets and tokenized equities, as well as international expansion and strategic acquisitions [2]. - The company is the largest registered crypto exchange in the U.S. and aims to capitalize on increased market volatility and rising crypto asset prices [2]. - Despite a challenging year, COIN is expected to execute a strong strategic roadmap leading to a promising outlook for 2026 [2]. Financial Estimates - The Zacks Consensus Estimate for COIN's earnings in 2026 and 2027 has decreased by 48% and 40%, respectively, over the past 30 days [5]. - Current earnings estimates for 2026 are $2.95 per share, down from $5.68 two months ago, indicating significant downward revisions [6][10]. - Long-term earnings are projected to improve by 21%, which is better than the industry average of 19.1% [10]. Valuation Metrics - COIN shares are trading at a forward price-to-earnings ratio of 60.37X, significantly higher than the industry average of 9.87X [10][11]. - The company's Value Score of D indicates a stretched valuation, suggesting that the stock is not cheap compared to peers like Robinhood Markets and Interactive Brokers Group [11]. Strategic Initiatives - Coinbase is enhancing its growth strategy by expanding its share in the U.S. spot and derivatives markets, broadening its product lineup, and increasing its international presence [12]. - The company has introduced regulated futures contracts in Europe and expanded stock and ETF trading in the U.S., which broadens its total addressable market [13]. - Future plans include focusing on real-world asset perpetuals, specialized exchanges, and advanced trading platforms, along with deeper integration of AI and robotics [14]. Financial Position - Coinbase maintains a solid financial position with strong liquidity and ongoing debt reduction, although the issuance of $2.6 billion in convertible notes poses potential risks [15]. - The company's financial results are closely tied to cryptocurrency price movements, with declines in major assets like Bitcoin or Ethereum potentially impacting earnings and cash flows [16]. Investment Outlook - Coinbase's efforts to expand the crypto ecosystem and capture greater market share are expected to drive growth, supported by higher USDC balances and a more stable crypto market [20]. - However, due to its premium valuation, reduced volatility, and muted analyst sentiment, it is advised to avoid investing in COIN at this time, as indicated by its Zacks Rank of 5 (Strong Sell) [21].