Yazılar

Coinbase Unveils Platform for Early Access to New Digital Tokens

/in /tarafından

Coinbase Global has announced the launch of a new token sales platform that will give retail investors the opportunity to purchase digital tokens before they are listed on the exchange — marking the first major public token sale opportunity for U.S. users since 2018.

The company’s shares rose about 4% in morning trading following the announcement, reflecting growing optimism over Coinbase’s efforts to tap into the multi-trillion-dollar digital asset market.

The new platform will host around one token sale per month, using an algorithm-based allocation system to determine how tokens are distributed among investors. Buyers will have a one-week window to submit their purchase requests.

“Token issuers coming to market today struggle to get their tokens into the hands of real users while building deep exchange liquidity. Coinbase is changing that,” the exchange said in a company blog post.

Investors will be able to pay for purchases in USD Coin (USDC), a dollar-pegged stablecoin issued by Circle Internet Group, according to the Wall Street Journal, which first reported the launch.

The first project to debut on the platform will be Monad, a blockchain startup that plans to hold its token sale next week. Coinbase said additional features such as limit orders and larger allocations for target user bases will be introduced in the coming months.

The move comes as interest from both retail and institutional investors in digital assets continues to grow, driving major exchanges like Coinbase to expand their product offerings and reclaim ground from global competitors.

Coinbase invests in India’s CoinDCX at $2.45 billion valuation

/in /tarafından

Coinbase Global announced on Wednesday that it has made a new investment in CoinDCX, valuing the Indian cryptocurrency exchange at $2.45 billion post-money. The move strengthens Coinbase’s presence in the South Asian crypto market, where India remains a growing hub for blockchain and digital assets.

The investment marks another step in Coinbase’s long-term partnership with CoinDCX, following multiple funding rounds led by its venture arm, Coinbase Ventures. In April 2022, Coinbase Ventures joined a $135 million fundraising round that valued CoinDCX at $2.15 billion.

As of July 2025, CoinDCX reported annualized group revenue of $141 million and $1.2 billion in assets under custody, signaling strong growth despite ongoing regulatory uncertainty in India’s crypto sector.

“We believe India and its neighbors will help shape the future of the global on-chain economy,” said Shan Aggarwal, Coinbase’s chief business officer. He added that the deal remains subject to regulatory approvals and closing conditions.

Coinbase’s latest investment underscores a renewed wave of interest from global exchanges seeking exposure to India’s growing crypto and blockchain ecosystem, even as the country tightens oversight and explores the framework for a digital rupee.

Bitcoin, ether slide as U.S.-China tensions reignite, wiping out earlier gains

/in /tarafından

Bitcoin and ether fell sharply on Tuesday as rising U.S.-China trade tensions erased the previous day’s rebound, underscoring the crypto market’s fragility following last week’s record liquidation event.

Bitcoin dropped as low as $110,023.78 before recovering slightly to $113,129, down 2.3%, while ether slid 3.7% to $4,128.47 after hitting an intraday low of $3,900.80. The world’s largest cryptocurrency has fallen more than 12% since reaching a record $126,000 on October 6.

The renewed decline came as both the U.S. and China imposed new port fees on ocean shipping companies, escalating their trade dispute and disrupting global supply chains. Analysts said the move transformed maritime trade into a new battleground in the ongoing economic conflict between the world’s two biggest economies.

Altcoins bore the brunt of the sell-off, with some tokens plunging as much as 80% on certain exchanges. Analysts said automated liquidations on leveraged platforms further amplified volatility as margin calls forced traders to unwind positions.

“As long as U.S.-China relations remain tense and equities are heavily concentrated in tech, crypto will struggle,” said Juan Perez, director of trading at Monex USA. “When fundamentals weaken, bitcoin and ether lose their footing because their value depends on broader investor confidence.”

The slump follows last Friday’s $19 billion crypto liquidation, the largest in market history, which was triggered by Trump’s 100% tariff threat on Chinese imports and Beijing’s retaliatory rare earth export restrictions.