Tag: Coinbase

Coinbase posts $667M Q4 loss as shares rebound 3% in after-hours trading

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Coinbase reported a $667 million loss in the fourth quarter as revenue declined roughly 20% from a year earlier, missing analyst expectations. The exchange generated approximately $1.8 billion in revenue during the quarter, below Wall Street forecasts. Non-GAAP earnings came in at $0.66 per share, more than 30% under consensus estimates. The earnings miss comes amid a broader slowdown in crypto markets. Bitcoin has fallen more than 47% from its October 2025 peak near $126,000, with trading volumes and overall investor activity declining across exchanges. Despite the weak quarter, Coinbase…

Coinbase Launches Crypto Wallets Purpose-Built For AI Agents

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Coinbase has launched crypto wallet infrastructure that allows AI agents — programs that can think and transact without human input — to spend, earn and trade crypto.  In a post on Wednesday, Coinbase programmers Erik Reppel and Josh Nickerson said the new Agentic Wallets feature aims to build on today’s agents, which can answer questions, summarize documents, and assist with tasks, but can’t execute trades or orders on behalf of users. “The next generation of agents won’t just advise — they’ll act,” the pair said, adding that AI agents will…

Coinbase stock sinks 6% as analysts slash targets ahead of earnings

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Bitcoin retreat and low stablecoin flows prompt JPMorgan, Citi, and Cantor to revise COIN outlook while maintaining buy ratings. Coinbase, the largest publicly traded crypto exchange in the U.S., faces mounting pressure from Wall Street as analysts slash price targets ahead of its quarterly earnings report scheduled for Thursday. Shares of the San Francisco-based firm have dropped 34% since January, trading near $152 after falling 6% today. The decline mirrors a broader pullback in digital assets, with Bitcoin down 27% over the past month to around $67K. JPMorgan, the global…

Coinbase unveils new Agentic Wallets enabling AI agents to hold and send crypto

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Coinbase today unveiled Agentic Wallets, a system enabling autonomous artificial intelligence agents to hold funds, execute blockchain transactions, and manage digital identities without human intervention. Introducing Agentic Wallets, our first ever wallet infrastructure built specifically for autonomous agents. Give your agent the power of a wallet. Let your agent manage funds, hold identity, and transact onchain without human intervention. 🧵 pic.twitter.com/Ns0SmSIys4 — Coinbase Developer Platform🛡️ (@CoinbaseDev) February 11, 2026 The product marks a strategic push by the company to position itself as foundational infrastructure for AI-driven crypto systems, allowing software…

Coinbase Returns to Super Bowl With Lo-Fi Karaoke Ad

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Coinbase’s TV spot at the Super Bowl divided opinion online, but the crypto exchange says conversations about it were the point. Four years after its viral QR code advertisement, crypto exchange Coinbase has returned to the Super Bowl, this time betting on a Backstreet Boys karaoke-inspired ad.  Coinbase’s one-minute TV spot during the most-watched sporting event in the US was mostly text animation that flashed the lyrics to the Backstreet Boys’ 1997 hit “Everybody (Backstreet’s Back).” Coinbase marketing chief Catherine Ferdon said in a statement that the ad aimed to…

ARK Sells $22M in Coinbase Shares, Buys Bullish Across ETFs

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Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares from the Next Generation Internet ETF (ARKW) and 8,945 shares from the Fintech Innovation ETF (ARKF). The combined transactions totaled 134,472 shares, worth around $22.1 million. The sale came as ARK Invest, led by Cathie…

Sui Network partners with Coinbase as exchange adopts Sui token standard

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Sui Network, a high-performance layer-1 blockchain platform, and Coinbase, a leading crypto exchange, announced a partnership today to expand institutional and retail access via the Sui token standard. Excited to announce we’re partnering with @Coinbase as they adopt the Sui token standard, making it easier than ever for institutions, builders, and everyday users to participate in the Sui ecosystem. pic.twitter.com/nzPW2Pu1V1 — Sui (@SuiNetwork) February 6, 2026 The collaboration aims to improve accessibility of Sui tokens across Coinbase’s platform, targeting broader adoption among both individual investors and institutions. The partnership builds…

ARK Invest Sells Coinbase And Buys Bullish Shares

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ARK Invest, the asset manager led by prominent Bitcoin bull Cathie Wood, has shifted from buying to selling Coinbase stock, as the shares dipped 13% and hit multi-month lows. On Thursday, ARK offloaded 119,236 Coinbase (COIN) shares, valued at roughly $17.4 million, according to a trade filing seen by Cointelegraph. The sale comes just a day after a modest 3,510-share ($630,000) purchase on Tuesday, following a series of buys at higher prices earlier in 2026. This marks ARK’s first Coinbase sale of 2026 and its first since August 2025, signaling…

BlackRock moves $358M in Bitcoin to Coinbase as price drops toward $69,000

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BlackRock, the world’s largest asset manager, deposited around 5,080 Bitcoin worth approximately $358 million and 27,196 Ethereum valued at about $57 million into Coinbase Prime this morning, according to Arkham Intelligence data. The transfers came as Bitcoin continued to weaken after breaking below $71,000 yesterday. The digital asset dipped to $69,200 at the time of reporting, down 22% in the last 7 days, per TradingView. The movements follow a pattern of large transfers earlier in the week, usually followed by big inflows and outflows. They do not automatically signal withdrawals,…

Coinbase Premium Hits Yearly Lows Amid Institutional Selloff

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The Coinbase Premium Gap, a metric used to estimate demand for Bitcoin from institutional investors relative to retail investors, has fallen to its lowest level in over a year — signaling a potential sell-off by professional investors, according to an analyst.  The Coinbase Premium is the price difference between Coinbase’s BTC/USD pair and Binance’s BTC/USDT pair. When it turns negative to this extent, it means that the price of Bitcoin (BTC) on Coinbase Advanced Trade (formerly known as Coinbase Pro) — a platform mainly used by professionals, institutions and high-net-worth…