Search results for Coinbase Institutional
Crypto
U.S. Senate CLARITY bill progress lifts Coinbase, Circle more than bitcoin
As discussion of the U.S. Senate’s CLARITY bill advances, markets have reacted more strongly in assets expected to benefit from clearer regulation, including Coinbase, Circle, Ethereum and Solana, than in bitcoin. A revised draft includes provisions on stablecoin rewards, SEC fundraising exemptions, DeFi classification, AML duties, allocation of regulatory authority and tokenisation. Analysts say bitcoin already has much of the institutional framework, while exchanges and stablecoins could be direct beneficiaries.
Crypto
Bitcoin $70,000-$72,000 call options surge as post-FOMC window seen as key test
Large call option positions targeting bitcoin at $70,000 and $72,000 have built up ahead of a July 31 expiry on Deribit. Open interest clustered around those strikes, with bitcoin near $64,289 at the time. Deribit’s chief business officer described a block trade structured as a bull call spread. The expiry falls just after the U.S. Federal Reserve’s July 29 policy decision, focusing attention on whether bitcoin can clear resistance near $69,000.
Crypto
Solana staking whale gains erased as holdings slide back to initial investment level
The value of assets held by a Solana (SOL) staking whale, once worth more than $300 million, has fallen back to about the initial investment as the market declined. On-chain data also shows large amounts moving to exchange deposit addresses, heightening concerns about additional selling pressure. Solana traded near $66, while spot flows showed a net inflow. Futures open interest rose, investment products saw outflows, and funding rates turned more negative.
