Group 1 - Coinbase Global Inc. is considered one of the best NASDAQ stocks to buy in 2026, despite a price target reduction from $400 to $290 by Needham analyst John Todaro, who maintains a Buy rating on the shares [1][2] - The company announced its acquisition of The Clearing Company to enhance its platform's expansion into prediction markets and equities trading, aiming to establish itself as an "Everything Exchange" [2][3] - The Clearing Company has applied for CFTC approval to operate as a registered clearinghouse, utilizing digital ledger technology for trade clearing and settlement with stablecoins, which is essential for the high-frequency nature of prediction markets [3] Group 2 - Coinbase operates a platform for crypto assets, providing a primary financial account for consumers, a brokerage platform for institutions, and a suite of products for developers to build on-chain [4]

Group 1 - Coinbase Global, Inc. (NASDAQ:COIN) is acquiring The Clearing Company, a derivatives clearinghouse, to enhance its entry into the prediction markets business [1][2] - The acquisition aligns with Coinbase's strategy to evolve into an "Everything Exchange," which includes new offerings in equities trading and prediction markets [3][4] - The Clearing Company utilizes digital ledger technology for trade clearing and settlement in stablecoins, enabling instant settlement [2] Group 2 - Cantor Fitzgerald has reduced its price target for Coinbase's stock from $459 to $320 while maintaining an "Overweight" rating, citing the company's transition beyond traditional crypto trading [3] - Despite positive product announcements, near-term revenue and profitability estimates have been lowered due to declining crypto sentiment [4] - The consensus volume expectations for 2026 are projected at 14%, but this may be overly optimistic if a prolonged downturn in the crypto market occurs [4]

Indonesia’s Financial Services Authority, known as OJK, has formally published a whitelist of 29 licensed crypto and digital financial asset trading platforms, officially noting a public record of companies that are legally allowed to operate in the country. The move is part of a broader regulatory effort to tighten oversight, strengthen consumer protection, and bring order to one of Southeast Asia’s fastest-growing crypto markets. Who Made the Cut? A list of crypto platforms that made the OJK Whitelist ...

VANCOUVER, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (TSXV: BIGG; OTCQB: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, is pleased to provide a comprehensive corporate update highlighting recent regulatory, operational and strategic milestones across the organization. Key Messages CRA issues materially reduced Notice of Reassessment for Netcoins’ 2018 GST/HS ...

The volatility in the crypto world is clearly reflected in the price action for Coinbase (COIN) stock. In July 2025, the stock touched a 52-week high of $444.70. However, with a correction in Bitcoin (BTCUSD) and other crypto assets, COIN stock has declined by almost 40%. While Bitcoin has still not gotten back to six digits, Coinbase stock seems attractive after the selloff. Recently, speculation has started to swirl that Coinbase is likely to launch prediction markets and tokenized equities as early as ...

Core Insights - SoFi Technologies has announced a $1.5 billion share sale, which has surprised investors and analysts, leading to a decline in its stock price despite nearly doubling in value this year [1][5] - The company has consistently outperformed analyst earnings expectations, with seven of its last eight quarterly reports beating forecasts, and plans to invest in its existing businesses and expand product offerings [2][6] - Analysts suggest that SoFi's recent capital raise is opportunistic, as the stock is near all-time highs, and there is speculation about its potential qualification for S&P 500 membership [3][4] Financial Performance - SoFi's stock was sold at $27.50 per share, slightly below its all-time high of around $32, with the Street consensus target just under $26, indicating a favorable sale price [5] - The company's capital levels are considered low compared to its banking peers, prompting the need for additional capital [4] Business Strategy - SoFi has transitioned from a fintech company focused on student loan refinancing to a full-service bank, offering various financial products, including a recently relaunched crypto trading platform and plans for a branded stablecoin [9][10] - The company aims to expand its offerings in the coming year, which could positively impact its stock performance [3]

Core Insights - SoFi Technologies has experienced significant stock gains in 2025, but shares are currently down following an unexpected $1.5 billion share sale announcement [2][5][8] - The company has consistently outperformed earnings expectations, with seven of the last eight quarterly reports beating analyst forecasts [3][8] - SoFi plans to expand its product offerings, relaunch crypto trading, and invest in existing businesses, indicating a strategic focus on growth [3][4][7] Financial Performance - The recent capital raise is SoFi's second in six months, with the latest share sale priced at $27.50, slightly below its all-time high of around $32 [5][6] - Analysts have mixed views on the stock, with a consensus target just under $26, suggesting the company managed a favorable pricing despite a broadly neutral outlook [6] Market Position - SoFi has transitioned from a fintech company focused on student loan refinancing to a full-service bank offering various financial products, including personal loans and investment services [7] - The company is also set to launch its own branded stablecoin next year, further diversifying its offerings [7]

Core Insights - Coinbase Global Inc. is currently viewed as one of the most profitable large-cap stocks to consider for investment [1] - Goldman Sachs has reduced its price target for Coinbase from $368 to $314, maintaining a Neutral rating due to a collective decline of approximately 15% in crypto-related stocks since mid-October [1][2] - Despite near-term pressures, Goldman Sachs holds a positive long-term outlook for the crypto sector, citing factors such as product innovation, large addressable markets, increasing regulatory momentum, and sustained inorganic growth [2] Financial Performance - In its Q3 2025 earnings release, Coinbase reported a net income of $432.6 million, or $1.50 per share, significantly higher than the $75.5 million, or 28 cents per share, reported in the same quarter the previous year [3] - Total revenue for the quarter reached $1.87 billion, surpassing the prior year's $1.21 billion and exceeding analyst expectations of $1.8 billion, driven primarily by a resurgence in crypto trading [3] Market Context - The decline in crypto-related stocks is expected to persist until market stability is restored, according to Goldman Sachs [2] - While Coinbase is recognized for its potential, there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Insights - Kraken, a major US crypto exchange, is not rushing to go public despite the trend among other crypto firms [1][2] - The company has raised significant private capital, recently securing $500 million at a $15 billion valuation and is considering another round at a $20 billion valuation [3] - Kraken reported a substantial increase in revenue, doubling to $648 million in the third quarter compared to the previous year [4] Company Overview - Kraken, formally known as Payward Ventures, has been operational since 2011 and has only taken $27 million in primary outside capital until recently [2] - The company is cautious about going public, emphasizing the importance of market education from other firms' IPOs [2] Financial Performance - In the third quarter, Kraken's trading platform recorded $562 billion in transaction volume [4] - The company is currently evaluating a potential funding round between $200 million and $300 million [3] Industry Context - Other crypto firms, including Circle and Gemini, have entered the IPO market but have faced stock price declines due to recent corrections in crypto valuations [5][6] - The overall IPO landscape is affected by external factors such as the US government's shutdown, which has slowed the process for companies working with the SEC [7]

Core Insights - WazirX has received court approval for its debt restructuring plan, allowing it to reopen after a significant cyberattack that resulted in the theft of $234 million [1][3] - The Singapore High Court's approval came after 95.7% of voting creditors supported the amended scheme during a revote [1][5] - The platform is expected to restart operations within 10 business days following the legal effectiveness of the scheme [2] Company Developments - The restructuring marks one of the fastest recoveries in the global crypto industry despite the challenges faced [3] - WazirX's 6.6 million users have been unable to access their funds since the hack, which was linked to North Korean hackers [3] - The exchange aims to distribute recovery tokens, potentially allowing users to recover 75% to 80% of their account balances at the time of the hack [5] User Impact - Users have expressed frustration over the prolonged inability to access their funds, highlighting the need for transparency and timely execution in the recovery process [4] - The restructuring's success is crucial for users to regain access to their frozen crypto assets [4][5] Legal Context - The restructuring plan faced initial rejection by the Singapore High Court in June but was later approved after a revote in July [5] - Only 3.3% of creditors participated in the first vote, leading to the modification of the scheme [6] - The Delhi High Court has also ruled that CoinSwitch can secure its stolen assets held on WazirX, indicating ongoing legal scrutiny [6]