By Kirstin Ridley and Elizabeth Howcroft LONDON, Feb 10 - Britain's markets regulator said on Tuesday it had asked social media companies and ​app stores to block access to crypto exchange HTX in ‌the UK. The Financial Conduct Authority, which filed a lawsuit against HTX in October accusing it of ‌unlawfully promoting crypto asset services to UK consumers, said Tuesday it had asked Alphabet's Google and Apple to remove HTX products from UK app stores, and asked social media companies to block HTX's accou ...

Binance is making headlines on social media for multiple reasons. Among them, a Forbes report revealed that the exchange and its users control the overwhelming majority of USD1, a stablecoin issued by World Liberty Financial (WLFI). With the WLFI venture linked to US President Donald Trump and his family, the disclosure has sparked debate over concentration risk, exchange influence, and the growing overlap between crypto markets and politics. Binance’s USD1 Dominance Rekindles Debate Over Stablecoin Cent ...

While AI start-ups struggle, Coinbase Global is now posting more than $2.5 billion in profit each year.Tech investors have a big decision to make these days. Should they chase after high-growth artificial intelligence (AI) start-ups with little in the way of profitability, or should they focus on entrenched tech leaders with billions of dollars in profits flowing in each year?If revenue and profitability matter to you as an investor, then it's impossible not to sit up and take notice of Coinbase Global (COI ...

South Korean regulators have begun investigations into Bithumb, days after the crypto exchange accidentally sent some $43 billion worth of Bitcoin to hundreds of customer accounts. At a Monday press conference, the head of South Korea’s Financial Supervisory Service told reporters that the error “laid bare the structural problems of virtual asset exchanges’ ledger systems.” The regulator has begun onsite inspections of Bithumb’s operations, according to local reports. Late last week, Bithumb erroneously ai ...

This event highlights the importance of robust internal control systems and the need for exchanges to ensure the accuracy of their promotional activities. Strengthening these systems could prevent similar incidents and help maintain investor confidence in the cryptocurrency market.Bithumb, which trails behind Upbit in the South Korean crypto market, will likely face increased scrutiny and pressure to bolster its internal controls and prevent future errors of this magnitude.As per the report, the regulators’ ...

The market’s been choppy, but the world’s largest exchange is stacking Bitcoin for its reserves. Binance just scooped up another $300 million in BTC (4,225 coins) for its SAFU fund, pushing total holdings to 10,455 BTC ($734M at current prices). This acquisition marks a major step in their plan, announced in late January 2026, to convert $1 billion in stablecoin reserves into Bitcoin within 30 days. The initiative is now 73% complete, with an average purchase price of approximately $70,214 per BTC. Did ...

Core Viewpoint - Coinbase's revenue is anticipated to decline in the upcoming earnings report, reflecting broader challenges in the cryptocurrency market [1][10]. Company Overview - Coinbase Global operates in over 100 countries and reported $516 billion in assets on its platform as of September 30, 2025 [4]. - The company supports 370 tradable assets, facilitating easy buying and selling of various cryptocurrencies [4]. Financial Performance - In Q3 2025, Coinbase reported net revenue of $1.86 billion, a 55% increase year-over-year, with trading volume reaching $295 billion, up 24% from the previous quarter [7]. - Despite a decline in cryptocurrency prices, Coinbase's revenue has remained robust, benefiting from the growing adoption of stablecoins [8]. Revenue Composition - The transaction revenue breakdown for Q3 2025 shows a notable shift away from Bitcoin, which accounted for 24% of total revenue, while Ethereum contributed 17%, and XRP 14% [8]. - Other assets made up 38% of the transaction revenue, indicating a diversification in trading activity [8]. Market Context - The cryptocurrency market has faced significant challenges, with digital assets losing nearly $500 billion in market value since January 29, 2025 [9]. - Bitcoin and Ethereum have both seen declines of over 20% in the past year, impacting investor sentiment [2]. Earnings Expectations - Analysts expect Coinbase to report Q4 earnings of $1.86 billion, with earnings per share estimated at $1.39, reflecting an 18% decrease from the previous year [10]. - A short-term decline in stock price is anticipated following the earnings call on February 12 [10]. Long-term Outlook - Despite current market challenges, Coinbase is viewed as an attractive long-term investment due to expected revenue growth and diversification in its offerings [11].

Core Insights - JPMorgan analyst Kenneth Worthington lowered the price target for Bullish (NYSE:BLSH) to $42 from $45 while maintaining a Neutral rating, indicating tempered near-term expectations but a balanced view on valuation relative to operating trends [1] - Institutional interest in Bullish remains strong, with Ark Invest adding approximately $6.0 million in shares, reflecting confidence in the company's long-term positioning within the digital asset ecosystem [3] - Bullish operates a regulated cryptocurrency exchange with licenses in major jurisdictions, positioning itself as a differentiated player in the evolving digital asset market due to its compliance-focused model [4] Company Overview - Founded in 2020 and headquartered in George Town, Cayman Islands, Bullish is a regulated cryptocurrency exchange with licenses across Germany, Hong Kong, Gibraltar, and New York State [4] - The company's compliance-focused exchange model and global footprint are significant as regulatory clarity and institutional participation shape the crypto landscape [4] Investment Considerations - While Bullish shows potential as an investment, certain AI stocks are perceived to offer greater upside potential and less downside risk [5]

gemini Gemini’s decision to exit several overseas markets and cut staff could help the exchange accelerate its path to profitability, according to a new analyst note from Mizuho. Shares of Gemini Space Station (NASDAQ: GEMI) traded around $7.60 on Thursday after falling to an all-time low of $6.35 a day earlier, according to The Block price data, as a broad selloff across crypto assets and equities pressured exchange-related stocks. Gemini Space Station Inc.(GEMI) stock price chart. Source: The Block/Tr ...

In crypto, it’s not just prices getting cooked. Everyone is feeling the heat. Crypto exchange Gemini announced it will exit the UK, European Union, and Australia while cutting about 25% of its workforce. The move comes as crypto trading volumes remain uneven and exchanges face rising compliance costs across multiple regions. This is part of a wider shakeout where only the most efficient platforms survive. For everyday users, this raises a simple question. Is your exchange getting stronger, or quietly pul ...