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BullDigest's March 25 Post-Market Summary of Coinbase Global, Inc.

  • 25.03.2025 22:05
  • bulldigest.com
  • Keywords: Post-Market, Summary, Coinbase Global, Inc.

Check out BullDigest's March 25 Post-Market Summary of Coinbase Global, Inc.. We provide a summary of the key news from market opening hours.

Post-Market SummaryCIIHYsentiment_satisfiedCOINsentiment_dissatisfiedSTRKsentiment_satisfiedMARAsentiment_satisfiedRIOTsentiment_satisfiedTSLAsentiment_satisfiedCLSKsentiment_satisfiedCOINsentiment_dissatisfied

Estimated market influence

Google

Negativesentiment_dissatisfied
Analyst rating: N/A

Facing a temporary error requiring Google Translate to be disabled for verification.

Ripple

Positivesentiment_satisfied
Analyst rating: N/A

Settled legal battle with SEC, paying $50M and the SEC will request court to lift injunction.

SEC

SEC

Positivesentiment_satisfied
Analyst rating: —

Reached agreement with Ripple to settle legal battle.

Coinbase

Coinbase

Negativesentiment_dissatisfied
Analyst rating: Buy

Faced delisting of Tornado Cash, leading to legal arguments about compliance and potential future implications.

Kraken

Positivesentiment_satisfied
Analyst rating: N/A

Benefited from a friendlier regulatory environment under Trump's SEC with dismissed cases.

Pyth Network

Positivesentiment_satisfied
Analyst rating: N/A

Integrated with Caddy Finance, valued at $0.17.

Helium

Positivesentiment_satisfied
Analyst rating: N/A

Increasing by 0.55% in the last 24 hours to $3.39.

Cardano

Positivesentiment_satisfied
Analyst rating: N/A

Trading at $0.7521 for ADA token for futures trading.

Tezos

Positivesentiment_satisfied
Analyst rating: N/A

Priced at $0.725 with a 1.35% increase.

BTC Bull Token

Positivesentiment_satisfied
Analyst rating: N/A

Bitcoin-themed meme coin priced at $0.002425.

Bitwise

Positivesentiment_satisfied
Analyst rating: N/A

Rebalanced its OWNB Index to include Fold and Bitdeer, tracking companies holding Bitcoin as treasury assets.

MicroStrategy

MicroStrategy

Positivesentiment_satisfied
Analyst rating: —

Largest holding in Bitwise's OWNB Index.

MARA Holdings

MARA Holdings

Positivesentiment_satisfied
Analyst rating: N/A

Mining firm included in Bitwise's rebalanced index.

Riot Platform

Riot Platform

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index as a mining firm.

Tesla

Tesla

Positivesentiment_satisfied
Analyst rating: Neutral

Included in Bitwise's OWNB Index.

Cleanspark

Cleanspark

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index.

Hut 8

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index.

Block Inc

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index.

Coinbase Exchange

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index.

Boyaa Interactive

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index.

Metaplanet

Positivesentiment_satisfied
Analyst rating: N/A

Included in Bitwise's OWNB Index.

BitGo

Positivesentiment_satisfied
Analyst rating: N/A

Reserves for World Liberty Financial's USD1 stablecoin will be held by BitGo.

World Liberty Financial (WLFI)

Positivesentiment_satisfied
Analyst rating: N/A

Launching USD1, a stablecoin backed by US treasuries and cash equivalents on Ethereum and Binance Smart Chain.

Ethereum

Positivesentiment_satisfied
Analyst rating: N/A

Platform for launching World Liberty Financial's USD1 stablecoin.

Binance Smart Chain

Positivesentiment_satisfied
Analyst rating: N/A

Platform for launching World Liberty Financial's USD1 stablecoin.

Coinbase

Coinbase

Negativesentiment_dissatisfied
Analyst rating: Buy

Faced delisting of Tornado Cash, leading to legal arguments about compliance and potential future implications.

Context

Business Insights and Market Implications Summary

Human Verification & Ripple/SEC Settlement

  • Temporary error requiring Google Translate disablement for verification.
  • Ripple and SEC reached a settlement:
    • Ripple will pay $50M (down from original $125M fine in escrow).
    • SEC requests court to lift injunction.
  • Settlement signals easing of crypto enforcement trends in Washington.

Crypto Regulatory Landscape & Investment Opportunities

  • Regulatory Environment:
    • Trump-era SEC policies (Crypto Task Force, dismissal of cases against Coinbase and Kraken, rescission of SAB 121) created a friendlier environment.
    • New executive order and private suits pose ongoing risks.
  • SEC Enforcement: Focus on fraud and market manipulation persists, especially during market stress.
  • Compliance Priority: Companies must prioritize compliance and vetted public statements.

Investment Highlights:

  • Pyth Network (real-time price data) integrates with Caddy Finance; PYTH valued at $0.17.
  • Helium (IoT devices): +0.55% to $3.39 in 24 hours.
  • Cardano (ADA token for futures trading): Trading at $0.7521.
  • Tezos: Priced at $0.725, reflecting a 1.35% increase.
  • BTC Bull Token (Bitcoin-themed meme coin): Priced at $0.002425.

Bitwise Bitcoin Standard Corporations Index Fund

  • Bitwise rebalanced its OWNB Index to include Fold and Bitdeer.
  • Fund tracks companies holding Bitcoin as treasury assets (indirect exposure via derivatives).
  • Top holdings:
    • MicroStrategy (largest).
    • Mining firms: MARA Holdings, Riot Platform.
    • Others: Tesla, Cleanspark, Hut 8, Block Inc, Coinbase Exchange, Boyaa Interactive, Metaplanet.
  • Reflects growing trend of crypto ETF adoption.

Tornado Cash Sanctions Lawsuit

  • U.S. Treasury seeks to dismiss Tornado Cash sanctions lawsuit, citing OFAC delisting as moot.
  • Coinbase’s CLO argues for final ruling to prevent future re-listing, citing legal precedents.
  • Treasury filed another late-Friday pleading against Tornado Cash.
  • After reluctantly delisting Tornado Cash, Treasury claims it moots court judgment need.

World Liberty Financial Stablecoin

  • World Liberty Financial (WLFI) launching USD1, a stablecoin backed by US treasuries and cash equivalents.
  • Launch on Ethereum and Binance Smart Chain.
  • Reserves audited and held by BitGo.
  • Focus on real-world assets (RWAs) via smart contracts in lends-and-borrow markets.

Yahoo Ad Agreement

  • Partially redacted information regarding Yahoo ad agreement, likely related to cookie usage or data practices.