Coinbase – Block Beat Daily

Bitcoin Withdrawals Surge at Coinbase Amid Binance Rebound

Bitcoin withdrawals at Coinbase have surged amidst a rebound in Binance.

Coinbase is urging the Supreme Court to end mass surveillance powers, citing threats to digital privacy and cryptocurrency freedom.

Coinbase now supports Wayfinder (PROMPT), an AI-focused omni-chain token that powers blockchain games and provides AI capabilities.

Coinbase opposes FDIC’s delay in releasing crypto debanking documents, citing stalling and absurdity.

ARK Invest bought 199,401 Coinbase shares worth around $29.3 million during a market downturn.

Coinbase co-founder Ehrsam’s startup, Nudge, is developing advanced brain-interface technology to improve lives.

Cantor rates Coinbase with an overweight rating, setting a $245 target, emphasizing potential in its L2 (Base) and stablecoin partnerships.

ZachXBT criticizes Coinbase for account lockouts, undisclosed data breach, and poor user support.

Cathie Wood’s ARK Invest increases Coinbase investments to $448.7M, predicting Bitcoin to outperform gold and memecoins to decline.

ARK Investment Management, led by Cathie Wood, purchased over 83,000 Coinbase shares worth more than $13 million amid a market drop.