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BlackRock XRP purchase speculation has been reaching new heights after on-chain data revealed some pretty massive XRP movements from Coinbase cold storage wallets. The world’s largest asset manager actually uses Coinbase for XRP custody through its Aladdin platform, and this has been fueling BlackRock Coinbase Ripple XRP Bitcoin discussions across the cryptocurrency market. With around 16.5 million XRP moved recently, investors are questioning whether this BlackRock XRP purchase represents institutional positioning ahead of potential ETF filings. Also Read: Ripple Expands RLUSD to Africa as BlackRock Joins Swell 2025 XRP BlackRock Moves Raise Investor Interest Amid Crypto Market Shifts Source: InsideBitcoins Coinbase Cold Wallet Data Reveals Major Custody Changes Coinbase’s XRP cold wallet count has dropped from 52 to just 7 wallets over three months. Even more, 16.5 million XRP was moved in the past 24 hours alone. This BlackRock XRP purchase speculation intensified as on-c...

XRP’s push to reclaim the $3 resistance could stall as the asset faces renewed selling pressure from whales. Data indicates a massive transaction of 35,122,576 XRP, worth $99 million, was transferred from an unknown wallet to Coinbase, according to insights retrieved from Whale Alert on September 3.    XRP transfer to Coinbase transaction. Source: Whale Alert Historically, such transfers have sparked fears that whales may be preparing to offload holdings, potentially triggering fresh selling pressure and accelerating a price decline. Currently, XRP is holding around the $2.80 level, where technical indicators suggest a fragile balance.  To this end, according to cryptocurrency analyst Ali Martinez, the token is now supported by a crucial level at $2.74. Martinez noted that XRP has formed a descending triangle pattern, with repeated rejections along a downward trendline and progressively lower highs signaling persistent bearish sentiment. ...

Despite Michael Saylor’s repeated refusals to publish a proof of reserves for the 597,325 bitcoin (BTC) at MicroStrategy (MSTR), Coinbase CEO Brian Armstrong decided to publicly doxx their most probable location. Disregarding Saylor’s concerns that disclosing the location of the coins could create the risk of social engineering and wrench attacks, Armstrong tweeted about their location while bragging about Coinbase’s “institutional team.” During the thinly veiled disclosure, he admitted that eight of the top 10 publicly traded companies with BTC on their balance sheets use Coinbase Prime. That makes it highly likely that MicroStrategy holds BTC at Coinbase Prime . Hold up. @Saylor told us the reason why he doesn't show PoR is because doing so may dox who the custodian is, which may cause social attacks. But now it seems now the custodian is choosing to dox who their customers are, rendering "security through obfuscation" as pointless? pic.twitter.com/w0...

Goldman Sachs’s Ripple leak has emerged as a major development in cryptocurrency markets right now, with leaked documents revealing the investment banking giant’s involvement as a Ripple co-investor. The Goldman Sachs Ripple leak has triggered immediate responses from Coinbase and also investor Cathie Wood, highlighting growing institutional interest in digital assets. Bitcoin hodlrs probably have a large percent of their net worth in crypto and therefore have not been able to qualify for a mortgage. I wouldn’t be surprised if they were to shift some of their bitcoin to Coinbase to serve as collateral for a once unattainable new home. https://t.co/C36B7yT14f — Cathie Wood (@CathieDWood) June 29, 2025 Also Read: Here’s When Ripple (XRP) May Hit $15, $18 & Then $50 Goldman Sachs Ripple Leak Spurs Coinbase Moves, Cathie Wood Insight Source: Watcher.Guru Coinbase Strategic Response to Goldman Sachs Ripple Leak The Goldman Sachs Ripple leak has prompted Coinbase to hire a new pr...

Coinbase CEO Brian Armstrong says the US economy would benefit if Congress adopts stablecoin legislation that allows users to earn on-chain interest. In a new post on the social media platform X, Armstrong says dollar-backed stablecoins are growing in popularity and could yield increased benefits for users as well as the US with changes to the law. As US lawmakers debate stablecoin legislation, Armstrong says the government should legalize on-chain interest for users. “Stablecoins have already found product market fit by digitizing the dollar and other fiat currencies, but we haven’t unlocked a critical piece of the puzzle for the average person, and the US economy, to reap the full benefits: on-chain interest… ‘On-chain interest’ is the ability of a stablecoin to function as a form of payment and directly deliver interest earned on reserve assets to the stablecoin holder, effectively an interest-bearing checking account.” Armstrong...

In another statement against Bitcoin integration on an economic level, the UK Treasury Department says it has no plans to implement a strategic Bitcoin reserve like the US. According to the department’s office, the cryptocurrency’s volatility make it unsuitable for the United Kingdom, a spokesperson said this week. “Bitcoin and other crypto assets have been historically volatile assets relative to stable fiat currencies like the US dollar and commodities, such as gold,” the spokesperson said. The representative added, “This volatility makes BTC less suitable as a reserve asset for the UK.” Yes to US Bitcoin Reserve, No to UK Bitcoin Reserve At last week’s US crypto summit , Donald Trump’s administration established a strategic BTC reserve alongside a “stockpile” for other cryptocurrencies. The US President serving a second term non-consecutive has announced several updates and executive orders favoring the crypto industry. Thus, the industry has more eyes on it than ev...

Top US-based crypto exchange platform Coinbase is abruptly adding support for one decentralized finance (DeFi) lending protocol built on Ethereum (ETH) and Base. In a new announcement, Coinbase says it’s adding support for borrowing and lending project Morpho (MORPHO), causing the digital asset to rise in price. News of the addition sent MORPHO flying as the crypto asset went from a low of $2.05 on February 27th to a peak of $2.42 just a day later. MORPHO has since stabilized and is trading for $2.21 at time of writing, a 7.9% gain during the last 24 hours. Morpho, which launched in 2022, says it’s using an oracle-agnostic pricing model, meaning that it won’t be tied down to a specific data-feeding source, according to its official whitepaper. “External price feeds, often called oracles, have various designs with different accuracy and security properties. For example, some oracles can provide frequent and accurate price updates, but they...

A Solana (SOL)-based memecoin is surging after gaining support from top US crypto exchange Coinbase. In a post on the social media platform X, Coinbase announces the addition of Peanut the Squirrel (PNUT) to its platform for spot trading. Amid the news, Peanut the Squirrel is up 26.9% on the day. PNUT is trading for $0.62 at time of writing, and with a market cap of $627.9 million, the memecoin is the 165th largest crypto project. Coinbase signaled last month that a PNUT listing would occur at some point after adding the digital asset to its listing roadmap. Coinbase uses the listing roadmap for transparency and to prevent insider trading on coins prior to them being listed. Being placed on the listing roadmap means the firm has determined the asset will likely be available for trading in the future. PNUT is just one of a batch of other memecoins Coinbase has rolled out support for in recent months. Others include Gigachad (GIGA), a crypto asset inspired by the...

The Peanut The Squirrel price soared over 20% in the last 24 hours to trade at $1.27 as of 9:55 p.m. EST as investors rush to buy the meme coin. This surge in the PNUT price comes after leading US crypto exchange Coinbase announced that it had added the crypto to its listings roadmap. Assets added to the roadmap today: Peanut the Squirrel (PNUT)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️ (@CoinbaseAssets) December 11, 2024 Peanut The Squirrel Price Loses The $1.3172 Support 4-hour chart for PNUT/USD (Source: GeckoTerminal ) The Peanut The Squirrel price dropped below the $1.3172 support in the last 24 hours, according to data from GeckoTerminal . Now, the meme coin stands the risk of correcting down to the subsequent technical safety net at $1.1431. Persistent bearish pressure should the crypto fall to this point could then lead to a drop all the way down to $0.9600. However, this bearish move might not happen if the Peanut The Squirrel price manages to r...

As Solana and Arbitrum experience significant surges, Base Chain might emerge as the next powerhouse, with Bitcoin holding its euphoric price level. The rise of Base Chain is further fueled by the influx of new users, as it is closely tied to Coinbase, one of the most user-friendly and widely adopted exchanges. The capital flowing into Coinbase is likely to spill over into projects launching on Base, providing opportunities for significant gains. As the market remains greedy and Bitcoin holds strong near its all-time highs, Base Chain’s Total Value Locked (TVL) is rising rapidly, reflecting the increasing volume and transaction fees. The presence of new on-chain users and fresh liquidity has the potential to spark further growth. While the market has yet to fully reach “FOMO” levels, the loosening of regulations in certain areas presents a positive outlook for the future. Aerodome Finance (AERO) Aerodrome Finance is a key project on Base Chain, offering a next-gen...

In the wake of Donald Trump’s presidential victory, investor optimism has surged across the cryptocurrency market, driving notable gains in major crypto-related stocks.  Shares of Coinbase Global (NASDAQ: COIN) and Robinhood Markets (NASDAQ: HOOD) have experienced significant gains, driven by renewed bullish sentiment surrounding digital assets.  With Trump’s pro-crypto stance and the Republican Party regaining control of the Senate, investors are increasingly hopeful for supportive policies that could further boost the valuations of these stocks, solidifying their positions within a rapidly evolving market. Picks for you Here's how much George Soros lost on his Bitcoin bet by selling MSTR stock early 3 mins ago Caution: Why ...

Cryptocurrency exchange Coinbase has introduced a new generation of Wallet-as-a-Service. According to the platform’s Jan. 23 announcement, the embedded wallet service will be an enterprise-grade solution based on Coinbase’s Wallet-as-a-Service technology, allowing developers to create non -custodial crypto wallets . Introducing our next Wallet-as-a-Service solution for onchain builders: Coinbase Embedded Wallets. Apply for our Early Access Program today and learn more about launch partner benefits. Availability is limited. https://t.co/mhsuXzzfaR — Coinbase Cloud ️ (@CoinbaseCloud) January 23, 2024 “Secured by advanced MPC technology from the world’s most reputable name in crypto , Coinbase Embedded Wallet is the easiest, fastest, and most secure way for brands and builders to bring the world onchain.” Coinbase team Currently, the program is available only to a few people; users must fill out a form to apply for a wallet. If a user chooses...

Cryptocurrency exchange Coinbase has announced plans to diversify its Ethereum execution client infrastructure. Coinbase’s decision comes in response to the increasing dominance of Geth (go-ethereum) in the ecosystem, which has been a point of contention among industry experts and stakeholders. The company announced the initiative in a Jan. 23 X post. According to the thread published by Coinbase Cloud, since its inception, Geth was the only Ethereum (ETH) execution client that fulfilled the company’s technical needs for Ethereum staking. Although we’ve evaluated execution client s since 2020, none have met Coinbase Cloud’s requirements to date. Many other operators on the network have reached the same conclusion, which is part of the reason why 84% of Ethereum validators run Geth. However, the tide is turning. Coinbase Cloud | Source: X You might also like: Uranium Finance hacker executes $2.5m BUSD transfer to Ethereum Geth plays a crucial role in the Ethe...

Crypto exchange Coinbase has received the green light from the National Futures Association (NFA) to offer crypto futures to eligible customers in the US.  The company’s subsidiary, Coinbase Financial Markets Inc., will operate as a futures commission merchant (FCM) and offer access to crypto futures from its platforms.  The approval , described as a “critical milestone” by Greg Tusar, Coinbase’s vice president of institutional product, allows the exchange to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures for verified customers. Tusar also emphasized that the global crypto derivatives market accounts for roughly 75% of crypto trading volume worldwide, making it a vital access point for traders. You might also like: Coinbase launches Stand With Crypto alliance Coinbase’s move into the futures market began with the acquisition of FairX, now known as the Coinbase Derivatives Exchange, last...

The uncertain regulatory landscape in the U.S. has been repelling major companies. J US t a few hours back, Revolut announced the discontinuation of its crypto services in the U.S., blaming regulators. Likewise, several top companies are also expanding their bases in other regions. In a recent CNBC interview, Monica Long, the President of Ripple, revealed that a lot of the company’s growth has come from outside the U.S. She said, “That’s reflective of where there is regulatory clarity.” However, Coinbase does not look to evacuate this region. When asked if the company was looking to move to friendlier crypto shores, Coinbase executive Brian Armstrong told The Financial Times, “It’s not even in the realm of possibility right now. There is no break-glass plan. We’re staying in the United States.” Coinbase chief says US exit ‘not in the realm of possibility’ https://t.co/v24LGUFy93 — Finance News (@ftfinan...