base

CryptoQuant analyst Darkfost disclosed that the "Coinbase Premium Gap," which measures the price difference between Coinbase Advanced and Binance, has recently turned positive again, indicating initial signs of a recovery in professional capital demand in the U.S. market. Data shows that this is the third time this year that the indicator has returned to positive territory, with the current premium at approximately $10.18, which remains relatively mild overall.Analysts believe that a positive premium is typically seen as a signal of increased buying from U.S. institutions and professional investors. The report points out that the user base of Coinbase Advanced is more inclined towards professional and institutional participants, while Binance has a broader retail user base globally and holds a significant share of overall market liquidity. Therefore, changes in the price difference between the two are often used as an important indicator to observe the flow of U.S. capital.Since Bitcoin entered a more pronounced correction phase on February 4, this premium gap has been continuously repairing and recently turned positive again. However, analysts emphasize that this signal is still preliminary, reflecting a cautious market sentiment, and the possibility of turning negative again in the short term cannot be ruled out. Overall, the current price level is gradually becoming attractive to professional capital, but to confirm a trend reversal, further observation of the continued expansion of the premium and changes in capital behavior is still needed.

Coinbase CEO Brian Armstrong warned on Tuesday that the Bank of England's proposed cap on stablecoin holdings could cause the UK to lose its status as a global financial center. He stated, "The UK's stablecoin rules are being finalized, but they may hinder the UK's global competitiveness in the digital economy. The current direction of the rules is counterproductive and will become a barrier to innovation."The Bank of England proposed last year to set the cap on individual stablecoin holdings at $26,350 (£20,000) and the cap for businesses at $12.7 million (£10 million), requiring 40% of reserves to be held in non-interest-bearing central bank accounts. UK lawmakers also warned that this plan would "hinder innovation, limit adoption, and push activity overseas."

According to market news, a wallet associated with "Forward Industries" deposited 8,200 Ethereum (approximately $14.91 million) into Coinbase, which had held the funds for 2-3 years and is facing a loss of $10.82 million.The whale initially received 23,491 Ethereum (approximately $76.26 million) from Binance and Coinbase for staking, and then deposited 23,914 Ethereum (approximately $65.44 million) back into the exchange.

Coinbase Institutional posted on social media that BTC options market data shows the most concentrated support cluster is around $60,000, while the first dense resistance range is around $82,000.This means that $82,000 is the first threshold to open further upward space, while $60,000 is the key support to prevent accelerated downward movement. Additionally, the negative gamma band is concentrated in the $60,000-$70,000 area, while positive gamma is clustered above $85,000 and $90,000.This indicates two market tendencies:A downward move to $60,000 may accelerate.An upward move to $90,000 may enter a consolidation phase.

According to CoinGlass data, as of today 08:00 (UTC+8), the Coinbase Bitcoin Premium Index is reported at 0.0159%, ending a continuous negative range of about 40 days. During the same period, the BTC price is reported at $64,130.6.A positive reading of this indicator typically reflects a recovery in buying interest in the U.S. market or suggests a marginal improvement in funding sentiment.

Coinbase has opened stock trading features to all U.S. users, after a limited rollout began last December. The cryptocurrency exchange has also partnered with Yahoo Finance to add a "Trade on Coinbase [Asset]" option on each asset page.This move puts Coinbase in more direct competition with fintech companies like Robinhood, as the platform advances its vision of becoming a "one-stop trading platform" and seeks to diversify its revenue sources beyond just cryptocurrency trading.

According to Onchain Lens monitoring, BlackRock has just deposited 1,514 BTC (worth approximately $95.69 million) and 24,472 ETH (worth approximately $44.57 million) into Coinbase, and may continue to deposit more.

Coinglass data shows that the Coinbase Bitcoin Premium Index has been in a negative premium state for 40 consecutive days, currently reported at -0.0467%, setting a record for the longest "consecutive negative" period since the index was launched, surpassing the approximately 30 days of continuous negative premium during the "1011 crash."The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.

According to market news, Swiss technology company Hashgraph Group has launched a EU Digital Product Passport tool based on Hedera, namely the supply chain tracking platform TrackTrace, aimed at helping businesses comply with the upcoming product compliance requirements in the EU.The platform builds verifiable product information audit trails by recording the flow of goods and emissions-related data, and integrates AI agents to automate the compliance reporting process. This move is a response to the Sustainable Products Ecodesign Regulation, which will take effect in July 2024. The regulation establishes a framework for developing product-specific rules that include digital product passports, standardizing the recording and sharing of key product information across the supply chain.The first significant milestone is the passport requirements for electric vehicles and industrial batteries in the EU Battery Regulation, which will come into effect in February 2027. Other priority categories such as textiles, clothing, and steel will be included in the DPP scope starting from July 2027.

According to market news, the UK-listed company The Smarter Web Company (code SWC) announced that it has secured a strategic credit facility of $30,000,000 from Coinbase Credit, using its held Bitcoin as collateral, with interest only on the drawn amounts and no fixed maturity date.The facility is designed to enable the company to immediately deploy funds into Bitcoin after completing equity financing, reducing settlement timing risks in volatile markets and supporting its Bitcoin-centric treasury strategy.

OpenMind and Circle have officially announced a strategic partnership to jointly launch the world's first payment infrastructure specifically designed for autonomous intelligent agents and real-world embodied AI. By deeply integrating Circle's USDC stablecoin with OpenMind's x402 protocol module, this collaboration enables robots and AI entities to achieve direct and autonomous payments for energy, services, and data in the physical world.Based on the collaboration between OpenMind and Circle, the FABRIC Foundation will accelerate the implementation and large-scale deployment from two main directions: Robot Birthplace and Acceleration of Adoption.The payment infrastructure provided by OpenMind + Circle offers machines an "economic brain," while the FABRIC Foundation is responsible for the entire closed-loop chain of "birth, production, operation, and evolution." The synergy among these three will jointly give rise to a true machine economy era—where robots are no longer mere tools, but independent economic entities with autonomous perception, decision-making, action, and payment capabilities. In the coming months, more real-world deployment cases (such as automatic charging stations) are worth continuous attention.

According to Coinglass data, the Coinbase Bitcoin Premium Index has once again set a record for the duration of recent negative premiums, remaining in negative territory for an extended period, currently reported at -0.0335%, surpassing the approximately 30 days of continuous negative premium during the "1011 crash."Since 2026, the index has recorded positive premiums on only 2 trading days. The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price; negative premiums typically reflect significant selling pressure in the U.S. market, a decline in investor risk appetite, heightened market risk aversion, or capital outflows.

According to market news, the Coinbase Bitcoin Premium Index has been in a negative premium state for 40 consecutive days, currently reported at -0.0467%, setting a record for the longest "consecutive negative" period since the index was launched, surpassing the approximately 30 days of continuous negative premium during the "1011 crash."The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decrease in investor risk appetite, heightened market risk aversion, or capital outflows.

According to on-chain analyst The Data Nerd (@OnchainDataNerd), BlackRock withdrew 2,086 bitcoins (approximately $135 million) and 8,459 ethers (approximately $15.84 million) from Coinbase today. The total value of this withdrawal is approximately $150 million.

On-chain data shows that on February 24 at 02:38 (UTC+8), an address marked as Coinbase hot wallet transferred 4,079,141 ONDO to a Gate user deposit address. Based on the on-chain price at that time, the asset was valued at approximately $1,019,564.

Bloomberg Intelligence indicates that Coinbase is actively lobbying in Washington to retain its key stablecoin revenue source. According to BI analysts Paul Gulberg and Samuel Radowitz, if payment adoption accelerates, Coinbase's stablecoin revenue is expected to grow two to seven times under the framework of the GENIUS Act signed by President Trump in July 2025.Currently, the act prohibits stablecoin issuers from paying interest or yields to holders, and the legislative draft under negotiation may further prohibit exchanges from offering rewards linked to stablecoin balances. This could impact the profits Coinbase derives from its revenue-sharing agreement with Circle for USDC.Coinbase's stablecoin revenue in 2025 is projected to be $1.35 billion, accounting for 19% of its total revenue. CEO Brian Armstrong stated last week that a "path forward" has been found, and even if the payment of yields to customers is prohibited, the company can still retain economic benefits from Circle, thereby improving profit margins.

A multi-signature wallet of Ondo Finance transferred 24,475,000 ONDO tokens (worth approximately $6.12 million) to Coinbase exchange about 6 hours ago.

AINFT has reached a new growth milestone, with the total number of users exceeding 410,000.AINFT is a Web3 native AI platform that supports multi-model AI capabilities and cryptocurrency payments. It is reported that AINFT has launched on-chain payment, identity, and DeFi financial capability products focused on AI Agents, being the first to support both TRON and BNB Chain.

According to The Block, Based, a Web3 trading and payment application built on Hyperliquid infrastructure, announced the completion of a $11.5 million Series A funding round, led by Pantera Capital, with participation from Coinbase Ventures, Wintermute Ventures, and Karatage.Based stated that it has over 100,000 registered users, 30,000 monthly active users, a total trading volume of approximately $40 billion, and total revenue of nearly $14 million. The company plans to expand its AI-driven "agentic commerce" business and extend into the North American market. It is reported that this funding round began in the fourth quarter of 2025 and concluded last week, with the funding structure consisting of equity investment and token warrants.