# Пов'язані статті щодо Coinbase

Центр новин HTX надає останні статті та поглиблений аналіз на тему "Coinbase", що охоплює ринкові тренди, оновлення проєктів, технологічні розробки та регуляторну політику в криптоіндустрії.

Behind USDH's Acquisition by Coinbase: Hyperliquid's Interest-Driven Choice

Coinbase announces its integration with Hyperliquid, becoming the official USDC treasury deployer on the platform. The native stablecoin USDH, issued by Native Markets, will be gradually phased out as Coinbase acquires its brand assets. Users can convert USDH to USDC or fiat without fees during the transition. The move solidifies USDC as Hyperliquid's official stablecoin and pricing asset. The arrangement is framed as a three-way win: Coinbase deepens its ties to the Hyperliquid ecosystem; Hyperliquid gains the vast majority of future USDC reserve yield revenue (estimated at up to 90%); and Native Markets exits with compensation from the asset sale. However, some community members criticize the outcome, viewing USDH's shutdown as a retreat from decentralization and arguing that the original governance vote favored internal interests over users. The partnership also sees Circle and Coinbase staking HYPE tokens to support the network's AQAv2 upgrade. Ultimately, the article suggests the resolution underscores pragmatic economic interests over earlier community-centric rhetoric.

marsbit05/15 06:52

Behind USDH's Acquisition by Coinbase: Hyperliquid's Interest-Driven Choice

marsbit05/15 06:52

Behind the Coinbase Acquisition of USDH: Hyperliquid’s Interest-Driven Choice

The article discusses the transition of the Hyperliquid ecosystem's native stablecoin, USDH, following its acquisition by Coinbase. Last September, USDH, issued by Native Markets, was a focal point in the ecosystem. Recently, Coinbase announced it will become the official USDC treasury deployer on Hyperliquid. Native Markets granted Coinbase the rights to purchase the USDH brand assets, leading to the gradual phase-out of USDH. Users can convert USDH to USDC or fiat without fees during this period. USDC is now Hyperliquid's official stablecoin. The move is framed as a three-way win: * **Coinbase & Circle:** Deepen ties with Hyperliquid's on-chain economy. Both companies are staking HYPE tokens. Circle had already invested in HYPE previously. * **Hyperliquid:** Becomes the primary beneficiary, set to receive the vast majority (estimated ~90%) of the reserve yield income from the ~$5.16 billion in USDC on its platform. This could translate to significant daily HYPE buybacks. The alliance with Coinbase may also offer regulatory advantages in the US. * **Native Markets:** While exiting the stablecoin business, the team reportedly received economic compensation from Coinbase for the USDH brand assets, framing it as a successful conclusion to USDH's role. However, the article notes criticism from some Hyperliquid community members. They view the shift as a step back for decentralization and argue that the original USDH issuer vote was driven by internal interests rather than user benefit, leaving regular users with nothing. The conclusion reflects that the eventual partnership between Hyperliquid and the giants (Coinbase/Circle) underscores a reality of利益分配 (interest distribution) over initial ideals of community and ecosystem advocacy.

Odaily星球日报05/15 06:48

Behind the Coinbase Acquisition of USDH: Hyperliquid’s Interest-Driven Choice

Odaily星球日报05/15 06:48

Hyperliquid (HYPE) Surges 14% As Coinbase And Circle Expand USDC Integration

Coinbase is expanding its integration of Circle's USDC stablecoin on the Hyperliquid protocol. It will become the official treasury deployer for USDC, treating it as the primary Aligned Quote Asset, while the network's USDH token will be phased out. Circle will handle technical infrastructure. As part of the transition, both companies will stake HYPE tokens, and Coinbase gains rights to acquire USDH brand assets. Coinbase emphasized a smooth migration, with users able to redeem USDH for USDC or fiat without fees for months. The Hyper Foundation will distribute grants to affected deployers and builders. Separately, Circle confirmed USDC will become the main collateral on Hyperliquid and plans to stake 500,000 HYPE tokens. Following this news and a positive regulatory development for the CLARITY Act, the price of Hyperliquid's native HYPE token surged 14% to around $44.50.

bitcoinist05/15 02:01

Hyperliquid (HYPE) Surges 14% As Coinbase And Circle Expand USDC Integration

bitcoinist05/15 02:01

Forget XRP, Market Expert Reveals The Real Winners If The CLARITY Act Is Passed

Forget XRP, market expert Digital Oil reveals the real winners if the CLARITY Act passes. The legislation, set for a key Senate vote, ends regulatory uncertainty but notably excludes XRP from its list of beneficiaries. The top beneficiaries are: 1) The American public, gaining clearer protections; 2) Ethereum (ETH), poised to be classified as a commodity, attracting institutional investment; 3) Chainlink (LINK), as demand for oracles rises in a regulated market; 4) Circle, issuer of USDC stablecoin, directly impacted by the bill's rules; and 5) Major U.S. exchanges Coinbase and Robinhood, which will operate with greater clarity. Digital Oil further identifies Tom Lee, founder of Bitmine (which holds a massive Ethereum treasury), as the best-positioned individual, with ETH central to the bill's benefits while XRP lags behind.

bitcoinist05/12 18:33

Forget XRP, Market Expert Reveals The Real Winners If The CLARITY Act Is Passed

bitcoinist05/12 18:33

Distribution is King: Robinhood is Devouring the Prediction Markets

Distribution is King: Robinhood is Consuming the Prediction Markets Robinhood has rapidly expanded into prediction markets by integrating Kalshi's event contracts, trading 88 billion contracts in Q1 2026 alone. Its key advantage is its 27.4 million funded users and its ability to cross-sell across stocks, crypto, options, and now prediction markets. This positions Robinhood to evolve from a broker to an integrated information-pricing platform, where event contracts for outcomes like earnings reports are displayed alongside the related assets. While dedicated platforms like Kalshi and Polymarket currently dominate, they face existential risk from potential US bans on sports betting contracts, which form a majority of their revenue. Robinhood, through its Rothera LLC joint venture, is moving to own the entire prediction market stack, capturing more revenue and adding interest income from user collateral. Financial modeling suggests Robinhood's prediction market segment could generate $8.25B to $15.75B in revenue by 2028, valuing it between $120B and $300B. Robinhood's deep integration, multi-asset user base, and regulatory diversification create a powerful distribution moat, threatening to absorb value from standalone prediction market platforms.

marsbit05/12 09:04

Distribution is King: Robinhood is Devouring the Prediction Markets

marsbit05/12 09:04

Why Coinbase Will Be the Biggest Winner in the AI Financial Era?

Coinbase is poised to be a major winner in the AI finance era, transforming from a cyclical crypto exchange into a foundational layer for AI-native finance. The market undervalues its exposure to two key secular trends: the rise of stablecoins and the emergence of agentic commerce. Firstly, with the global stablecoin supply projected to reach $3 trillion by 2030, Coinbase benefits as the dominant, most compliant distributor of USDC. Its revenue-sharing agreement with Circle is structurally advantageous and durable, positioning Coinbase to capture significant value from stablecoin growth independent of crypto trading volumes. Secondly, in agentic commerce—where AI agents autonomously transact—Coinbase's technology stack is already dominant. Over 92% of real agent payments occur on its Base network, settled primarily in USDC via the x402 protocol it helped develop. This stack creates a powerful, self-reinforcing ecosystem across four layers: USDC for settlement, Base for execution, developer tools (CDP/AgentKit), and service discovery (Agentic.Market). Key revenue streams include USDC reserve interest, Base sequencer fees, and platform fees from its infrastructure and marketplace. By 2030, agent-related revenue could contribute billions annually. Supported by favorable regulatory tailwinds like the CLARITY Act, Coinbase's valuation should reflect its role as critical financial infrastructure, not just a brokerage, with a clear path to becoming a $300 billion company.

链捕手05/08 14:51

Why Coinbase Will Be the Biggest Winner in the AI Financial Era?

链捕手05/08 14:51

Coinbase Misses Q1 Estimates as Crypto Slump Deepens Losses

Coinbase reported a significant net loss of $394.1 million for Q1 2026, missing Wall Street revenue estimates. This marks its second consecutive quarter of losses, a reversal from a $65.6 million profit a year earlier. Revenue of $1.41 billion fell short of the projected $1.5 billion, with transaction revenue plunging 40% and subscription/service revenue declining 13.5% year-over-year. The company attributed the poor results to a challenging macroeconomic environment, citing a more than 20% drop in both total crypto market capitalization and trading volume from the previous quarter. Following the earnings release, its shares fell 4.7% after hours. Amid a stock price decline of over 14.5% this year, Coinbase is exploring new business lines like prediction markets and has implemented cost-cutting measures, including laying off 700 workers. Despite the losses, CEO Brian Armstrong expressed optimism about the company's role in the transition to blockchain and highlighted efforts to expand trading capabilities beyond just cryptocurrency.

TheNewsCrypto05/08 11:58

Coinbase Misses Q1 Estimates as Crypto Slump Deepens Losses

TheNewsCrypto05/08 11:58

Coinbase Posts $394 Million Loss In Q1 2026 — And The Worst May Not Be Over

Coinbase reported a net loss of $394 million for Q1 2026, a sharp reversal from a $65.6 million profit a year ago. This missed analyst expectations as total revenue fell 30.5% to $1.41 billion, largely driven by a 23% decline in transaction revenue due to lower crypto trading volumes and prices. A significant factor was $482 million in unrealized losses on crypto holdings, primarily linked to Bitcoin's price drop. Excluding that, the adjusted net loss was $46 million. While subscription and services revenue remained strong at $584 million and adjusted EBITDA was positive, the results highlight the exchange's continued sensitivity to crypto market cycles. This follows recent workforce reductions and shows operating margin collapsing to -1.5%. The quarter underscores that despite its institutional standing, Coinbase's path to durable profitability remains tied to volatile crypto market conditions.

bitcoinist05/08 11:05

Coinbase Posts $394 Million Loss In Q1 2026 — And The Worst May Not Be Over

bitcoinist05/08 11:05

AI is Triggering a Wave of Layoffs in Crypto Companies, Coinbase Says 'The Biggest Risk is Inaction'

The article reports on a wave of layoffs within the crypto and fintech industry, increasingly attributed by companies to the adoption of AI for efficiency and automation. Major firms like Coinbase, PayPal, Gemini, and Crypto.com have cut jobs, with Coinbase's CEO stating inaction is the "biggest risk" and framing a move towards a "lean, fast, AI-native" structure. This narrative gained momentum after Block (parent of Square and Cash App) announced significant cuts earlier, citing AI as part of a broader restructuring. However, critics question this "AI washing," suggesting companies may be using AI as a convenient rationale to mask layoffs driven by cooled market activity, lower trading volumes, slower growth, and over-hiring during previous boom periods. An analyst expresses skepticism, noting such cuts are not seen in currently thriving firms. An industry insider proposes a mixed reality, estimating 80% of cuts stem from genuine AI-driven efficiency gains, with 20% addressing past hiring excesses. Regardless of the primary driver, the trend indicates a fundamental restructuring of workforce needs, with operational and technical roles being consolidated and management layers flattened as automation tools replace repetitive tasks.

marsbit05/08 09:26

AI is Triggering a Wave of Layoffs in Crypto Companies, Coinbase Says 'The Biggest Risk is Inaction'

marsbit05/08 09:26

Coinbase Is Pulling Institutional Investors Into XRP And This Is How They’re Doing It

Coinbase is launching a Trade at Settlement (TAS) feature for XRP futures on May 1, aimed at attracting institutional investors. This tool allows large participants to execute block trades at the official settlement price, reducing exposure to intraday volatility and slippage. The move is part of a broader effort to improve liquidity on Coinbase’s derivatives platform, applying to both nano and full-sized XRP futures. The development coincides with growing institutional interest in XRP, including $75 million in inflows into XRP ETFs this month and SoFi Bank’s recent support for XRP deposits. Ripple highlighted that regulatory clarity and network utility are driving adoption, with XRP trading around $1.42 at the time of writing.

bitcoinist04/24 17:31

Coinbase Is Pulling Institutional Investors Into XRP And This Is How They’re Doing It

bitcoinist04/24 17:31

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