Tag: Coinbase

Banking giant PNC teams with Coinbase to enable direct Bitcoin trading for wealthy clients

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Key Takeaways PNC Bank becomes the first major US bank to enable direct Bitcoin trading for private banking clients. The service is powered by Coinbase’s Crypto-as-a-Service platform, integrating crypto trading and custody into PNC’s offerings. Share this article PNC Bank, a major US bank, today launched a service allowing eligible private banking clients to directly buy, hold, and sell Bitcoin through its platform, powered by Coinbase’s Crypto-as-a-Service infrastructure. The partnership makes PNC the first major US bank to offer direct Bitcoin access to private clients, marking a significant step in…

Coinbase Returns To India, Restarts User Onboarding

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Major US cryptocurrency exchange Coinbase is returning to India after a two-year absence from the market. Coinbase has resumed app registrations in India as it prepares to roll out local fiat on-ramps in 2026, Coinbase APAC director John O’Loghlen announced at India Blockchain Week (IBW), according to a Sunday report by TechCrunch. Coinbase’s return to India comes more than two years after it ceased local services in September 2023, following a troubled debut of its local exchange launched in 2022. “We had millions of customers in India, historically, and we…

Coinbase resumes user registrations in India, plans fiat on-ramp by 2026

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Key Takeaways Coinbase has reopened its app for user registration in India with crypto-to-crypto trading and plans to enable fiat on-ramps by 2026. The company said earlier this year it had engaged with India’s Financial Intelligence Unit to facilitate its re-entry into the Indian market after withdrawing due to regulatory challenges. Share this article Coinbase has resumed onboarding users in India after a hiatus, with plans to establish a fiat on-ramp by 2026, according to Coinbase’s APAC director John O’Loghlen. The platform currently enables crypto-to-crypto transactions and intends to allow…

Bitcoin December Recovery ‘Macro Tailwinds,’ Fed Rate Cut: Coinbase

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Bitcoin’s ‘Santa’ rally may be ignited by macroeconomic tailwinds, including the Federal Reserve’s incoming interest rate decision, but fearful investor sentiment may take another hit by any hawkish remarks from central bank officials. Improving liquidity conditions and rising odds of a Federal Reserve interest rate cut may catalyze a recovery in the crypto market during December, according to Coinbase Institutional. “We think crypto could be poised for a December recovery as liquidity improves, Fed cut odds jump to 92% (as of Dec 4), and macro tailwinds build,” wrote Coinbase in…

BlackRock transfers $120M in Bitcoin, $2.5M in Ethereum to Coinbase Prime

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Key Takeaways BlackRock transferred $120 million in Bitcoin and $2.5 million in Ethereum to Coinbase Prime. These transactions are part of ongoing institutional portfolio adjustments involving cryptocurrency holdings. Share this article BlackRock, the world’s largest asset manager, transferred around $120 million in Bitcoin and $2.5 million in Ethereum to Coinbase Prime today. The transfers highlight continued institutional portfolio adjustments as the firm manages its crypto holdings. Coinbase Prime, a specialized platform for institutional investors, provides secure custody and high-volume trading services for digital assets. The platform has received multiple transfers…

BlackRock moves $135M in Ethereum to Coinbase Prime

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Key Takeaways BlackRock transferred $135 million in Ethereum to Coinbase Prime, signaling ongoing institutional crypto activity. The move is likely related to operations and rebalancing for BlackRock’s spot Ethereum ETF. Share this article BlackRock, the investment management giant, moved 44,140 Ethereum worth around $135 million in Ethereum to Coinbase Prime today. The transfer represents the latest on-chain activity involving the asset manager’s crypto operations. BlackRock oversees spot Bitcoin and Ethereum exchange-traded funds, focusing on integrating crypto into traditional investment portfolios. The firm has been actively depositing Bitcoin and Ethereum into…

BlackRock transfers 1,633 Bitcoin to Coinbase Prime

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Key Takeaways BlackRock transferred 1,633 Bitcoins (~$142.6M) to Coinbase Prime. The move is part of routine ETF liquidity management and is not necessarily indicative of selling pressure. Share this article BlackRock, a major asset management firm, transferred 1,633 Bitcoin worth approximately $142.6 million to Coinbase Prime today. Coinbase Prime serves as an institutional trading platform providing custody and execution services for large-scale crypto transactions. The transfer represents routine ETF liquidity management. BlackRock oversees investment products, including spot Bitcoin and Ethereum ETFs, and actively manages crypto holdings for institutional clients. BlackRock’s…

Coinbase adds six new tokens to its top 50 index

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Key Takeaways Coinbase has expanded its top 50 index by adding six new tokens: Hedera, Mantle, VeChain, Immutable, Sei Network, and Flare Networks. The update reflects growing market activity and deeper liquidity across newer blockchain ecosystems. Share this article Coinbase added six new assets to its Coinbase 50 Index, the exchange benchmark that tracks the fifty largest and most liquid digital assets by market capitalization. The latest rebalancing brings Hedera, Mantle, VeChain, Immutable, Sei, and Flare into the index as these networks gain traction across decentralized finance, gaming, tokenization, and…

Coinbase now lists Sui token for New York residents on all platforms

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Key Takeaways Coinbase has activated trading of the Sui (SUI) token for New York residents on both mobile and web platforms. Sui is a layer 1 blockchain focusing on fast, efficient decentralized apps using an object-centric model. Share this article Coinbase has made Sui (SUI) available to New York residents across its web and mobile platforms, expanding access to the layer 1 blockchain token in one of the most regulated US crypto markets. Sui operates as a layer 1 blockchain platform focused on enabling fast and efficient decentralized applications through…

BlackRock deposits $186M in Bitcoin to Coinbase Prime

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Key Takeaways BlackRock deposited $186 million worth of Bitcoin to Coinbase Prime as part of its ETF management activities. Coinbase Prime serves as an institutional-grade custody and trading platform for handling large-scale crypto transactions. Share this article BlackRock, the world’s largest asset manager, deposited $186 million worth of Bitcoin to Coinbase Prime today, continuing its active management of spot crypto ETF operations. The transfer reflects BlackRock’s ongoing portfolio adjustments for its Bitcoin ETF products. The asset manager has been regularly depositing Bitcoin into Coinbase Prime, a institutional custody platform, to…