Coinbase is reportedly closer to acquiring stablecoin infrastructure startup BVNK.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The cryptocurrency exchange is in late-stage discussions on the approximately $2 bil ...

Ethereum price is a turnaround play — and that’s not necessarily a bad thing. While the price of Solana hogs headlines with momentum and “impressive” exchange-traded fund launches, Ethereum is dealing with a different narrative: recovery from depression. But according to Matt Hougan, Bitwise’s chief investment officer, that creates opportunity. “Ethereum is very much staring down $5,000 by the end of the year and doubling or more by the end of the decade,” Hougan told DL News. To get there requires und ...

Tether has revealed that its profit for the first three quarters of 2025 has passed the $10 billion mark. That number puts it ahead of some of the world’s biggest banks when looking at the same stretch of time. Treasury Bills Are Doing the Heavy Lifting The massive revenue comes mainly from the $135 billion in U.S. Treasury bills that Tether holds in its reserves. These reserves back every USDT token in circulation, and when interest rates on Treasuries climb, so does Tether’s profit. The company benefi ...

Global banking regulators are preparing to overhaul rules on how banks handle crypto assets, particularly stablecoins, as pressure mounts from major economies and industry groups to revise stringent capital requirements set to take effect next year. The Basel Committee on Banking Supervision (BCBS), the world’s top banking standard-setter, is in discussions over possible amendments to its 2022 framework, which imposed some of the toughest capital rules ever proposed for crypto holdings. The standards, de ...

Coinbase (Nasdaq: COIN) founder and CEO Brian Armstrong turned the company's Q3 2025 earnings call into a lottery of sorts for crypto traders on prediction markets. Launched by Brian Armstrong in 2012, Coinbase is the leading crypto trading exchange in the U.S. which serves over 100 million users today. The company went public on Nasdaq in 2021 and became the first crypto company to find a spot on the S&P 500 index in May this year. Related: Ex-Goldman Sachs analyst warns of 'spooky, bone-chilling' Hallowe ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. JPMorgan Chase (NASDAQ:JPM) CEO and longtime Bitcoin (CRYPTO: BTC) critic Jamie Dimon has acknowledged that crypto, blockchain, and stablecoins are "real." This marks a notable shift in tone as his bank prepares to let institutional clients use Bitcoin and Ethereum (CRYPTO: ETH) as loan collateral by the end of 2025. Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with mo ...

The lone analyst with a sell rating on fire serve ahead of the companies crushing stock sell off says the writing was on the wall for months. Rothschild analyst Dominic Ball says he still has the sole sell rating on Fire Serv. We can see that on the Bloomberg terminal using the and our function.When he downgraded the stock earlier this year, he cited issues with its clover product, a point of sale system writing financial solutions is decelerating and so the issue seems more systemic across five serve. And ...

Crypto exchange behemoth Coinbase has reported a net income of $432.6 million for Q3 2025, over a fivefold increase from $75.5 million in the same period last year. Coinbase’s transaction revenue rose to $1 billion for the three months ended September 30, up from $572.5 million in 2024. Per Reuters, the surge follows “heightened volatility” in the crypto market, which boosted trading volumes. “Our institutional trading revenues grew over 120% in the quarter,” said Chief Financial Officer Alesia Haas. Acc ...

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), expects payments to become the next significant use case for the cryptocurrency industryCoinbase A Key Player In Payments Market, Says ArmstrongDuring Coinbase's third-quarter earnings call, Armstrong was asked about the future of stablecoins and Coinbase’s role in the cross-border payments landscape.“I mean, payments are just very clearly the next big use case for crypto,” the CEO responded. He emphasized the high growth potential, citing the $40 ...

JPMorgan Chase tokenized a private-equity fund on its Kinexys blockchain platform, making the offering available to wealthy clients served by its private bank. The bank announced the development on Thursday. The first live transaction using the new Kinexys Fund Flow system involved JPMorgan Asset Management, the Private Bank, and Kinexys Digital Assets, along with fund administrator Citco, according to the Wall Street Journal. The transaction was completed on the bank’s private, permissioned blockchain ne ...