PancakeSwap adds perpetual swaps on AAPL, AMZN, TSLA shares to DeFi trading platform. Major crypto/forex pairs offer 24/7 trading; stocks follow the traditional market schedule. Platform upgrades, price oracles, and user wallet trading boost DEX growth. Decentralized exchange PancakeSwap has added support for perpetual swaps on Apple, Amazon, and Tesla shares, according to the platform's blog. Contracts for AAPL, AMZN, and TSLA track stock prices on traditional markets, but their trading is limited to standard exchange sessions. Crypto and forex pairs like BTCUSD, ETHUSD, BNBUSD, EURUSD, and GBPUSD remain available for trading 24 hours a day. PancakeSwap’s perpetual swaps allow traders to speculate on stock prices with up to 25x leverage while maintaining full control over their assets. The DEX plans to expand the list of available instruments in the coming months. The exchange introduced PancakeSwap Perpetuals in 2022. Last October, the platform released a major upgrade featuring a revamped interface and a liquidity engine utilizing the ALP pool. The trading platform has also integrated price oracles from Pyth, Binance Oracle, and Chainlink, and removed the order book. PancakeSwap users can trade directly from their wallets without transferring assets to the exchange. For large pairs like BTC/USDT, the platform supports leverage up to 150x. Growth and Market Position According to DeFi Llama, PancakeSwap is the second-largest decentralized exchange (DEX), with daily trading volume exceeding $1.7 billion. The platform’s total value locked (TVL) stands at $2.01 billion. In July, PancakeSwap generated more than $28.6 million in revenue and processed $146.6 million in trading fees. Despite these developments, its native token CAKE showed minimal price response, rising just 0.5% in the past 24 hours.
In the dynamic world of finance, Bitcoin has emerged as a leading asset, regarded as a reliable store of value and a hedge against failing financial systems. BTC continues to maintain its reputation as a hedge, with many prominent figures in the sector claiming that the asset could spur financial freedom and independence. The Bitcoin Freedom Wave Is Spreading Michael Saylor, the outspoken Bitcoin advocate and executive chairman of MicroStrategy, has once again made waves in the crypto world by declaring that Bitcoin is an unstoppable asset that drives financial freedom. Saylor’s statement comes in the midst of growing institutional interest in BTC, as big firms rapidly accumulate the crypto king. In the interview with Fox Business shared by Coin Bureau on the X platform, Saylor called BTC a freedom virus based on a monetary and truth virus. This underscores the digital asset’s function as a global force for monetary independence and resistance to centralized control, presenting it as more than just a financial tool . With BTC gaining mainstream recognition, the chairman considers the asset a swarm creature due to the robust support for the Bitcoin ecosystem across the world. According to Saylor, there will always be individuals supporting BTC with their electricity, computer power, political power, and economic power, which reinforces its presence in the financial sector. Saylor believes Bitcoin is unstoppable at this point, comparing its stability to a swarm of hornets. He further stated that BTC is currently spreading rapidly throughout the world, demonstrating robust strength on a daily, weekly, and monthly basis. As economic uncertainty endures and mistrust of established traditional systems increases, Saylor’s bold declaration reinforces the ongoing notion that Bitcoin is more than just a store of value . The crypto king has become a fast-growing movement that is changing the way the world thinks about finance and freedom. Treasury Companies Revolutionizing BTC Investments Strategy’s unwavering confidence toward Bitcoin is now being emulated by several large treasury companies seeking to own a BTC reserve . Such growing interest among institutions is revolutionizing BTC investments in recent times. Presently, companies like Strategy and Metaplanet are accelerating BTC’s journey to becoming a global reserve asset. According to Degen Station, this is making it possible for institutions to buy stocks or bonds backed by BTC, unlike before, when they were unable to purchase spot BTC due to constraints. Degen Station noted that these firms are currently using smart leverage, which is safer than margin or daily-reset ETFs , because they have access to long-term corporate debt. Addressing potential misunderstandings, the market experts stated that this is a normal aspect of BTC’s adoption curve and does not pose a danger to its ethos.
Which crypto still has room to grow without pricing you out already? That question is coming up more often as Pudgy Penguins gains traction and BONK’s dip shows how fast trends can flip. In a space driven by speed and sentiment, catching the right entry point matters more than ever. That is why Cold Wallet ($CWT) is starting to stand out. It is not just storage; it is a system that rewards users for staying active. Every gas fee, swap, or on-ramp can earn cashback. Right now, Diamond Tier is still within reach. At just $0.00942, buyers can lock in top-tier benefits before $CWT launches at $0.35171. Pudgy Penguins Price Eyes Support as Hype Cools Off Pudgy Penguins (PENGU) is currently trading around $0.0377, slipping nearly 8% in just 24 hours. Still, it remains up more than 180% over the past month, signaling it is far from out of play. Recent highs near $0.041 reflect strong interest, though current support appears to be forming around $0.032. Looking ahead, analysts suggest a pullback to $0.029 may be in play by early August. Even with short-term resistance holding, volatility makes room for another bounce. PENGU remains a strong example of how meme hype and utility can drive high-risk opportunities. BONK Faces Sell Pressure: Exchange Moves Rattle Price BONK saw a sharp dip after Galaxy Digital transferred $18.75 million worth of tokens to major exchanges. The price dropped 9% from a high of $0.00003763 to $0.00003430. Despite recent burns and swap activity, heavy volume kept the pressure on, testing support near $0.0000325. Forecasts now suggest a potential decline to the $0.000024 to $0.000026 range in the coming days. While short-term bounces are possible, sentiment remains cautious. BONK is still attracting meme coin watchers, but momentum may shift only if volume returns with strength. Diamond Tier Unlocks Cold Wallet’s Top Cashback With $CWT at $0.00942 Cold Wallet’s Diamond Tier is more than a label. It is a fast track to becoming one of the most rewarded users in the crypto space. Over $5.66 million raised confirms that the word is out. Diamond users earn 100% cashback on gas fees, token swaps, and on-off ramp transactions. No conditions. No staking. Simply hold $CWT in your wallet and start earning money for the activities you would already be doing. At the current Stage 16 price of $0.00942, Diamond Tier access comes at a steep discount. With 685 million tokens already sold and the next price set at $0.00998, the window is narrowing fast. At launch, $CWT will list for $0.35171, giving current buyers a clear 37x advantage. If $CWT moves toward $2 as some projections suggest, the difference could mean being locked out entirely. Presale participants also get access to structured benefits. Token unlocks start with 10% at TGE, followed by a linear three-month vesting schedule. Referral bonuses add to the upside, with 10% for the sender and 5% for the recipient. Cold Wallet continues to prioritize early adopters by turning commitment into real returns. There is no staking or hidden setup. Just hold $CWT and unlock full access to the wallet’s most rewarding tier. For anyone watching how the top crypto earners got started, this is the kind of entry point that rarely comes twice. Key Points Pudgy Penguins is still holding interest despite recent volatility, while BONK’s drop reflects how quickly sentiment can shift after major exchange moves. These price swings are reminders that timing shapes everything, whether you are entering or exiting. That is exactly why Cold Wallet’s $CWT presale is drawing attention now. With $CWT priced at just $0.00942, buyers can still lock in Diamond Tier and earn 100% cashback without any staking or lockups. When launch arrives at $0.35171, the cost will be far steeper. Cold Wallet does not just reward use; it rewards those who show up early. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/ColdWalletToken Telegram: https://t.me/ColdWalletTokenOfficial Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post BONK’s 9% Drop & PENGU’s 180% Rally: But Cold Wallet’s $0.00942 Presale May Offer the Last 1000x Entry Point! appeared first on Times Tabloid .
PROVE defies sell-off pressure, could lead crypto market gains.
Succinct, a decentralized prover network revolutionizing zero-knowledge (ZK) infrastructure, has officially launched its mainnet and native token, PROVE. The launch, which took place on August 5, 2025, marks a major milestone in the evolution of cryptographic verifiability and scalability in the Web3 ecosystem. Related Reading: $255 Solana? Supply Shock Fuels Bullish Forecast Following the mainnet debut, the PROVE token was listed on Bitget, a leading global cryptocurrency exchange. Within 24 hours, the token surged by over 50%, reaching a trading price of $1.50 and generating over $715 million in 24-hour volume. Bitget’s Succinct (PROVE) Listing Fuels Market Momentum Bitget added PROVE to its Innovation Zone, opening spot trading for the PROVE/USDT pair on August 5, 2025. To incentivize adoption, the exchange launched a CandyBomb campaign featuring 66,666 PROVE in total rewards for traders and depositors. This strategic listing allows users to engage with PROVE through both trading and staking activities. The token will also be listed on Binance, where it carries a Seed Tag and supports multiple trading pairs, further increasing its visibility and liquidity. Succinct (PROVE) is trading near $1.2 and analysts note signs of consolidation ahead of a possible surge. PROVE's price trends to the upside on low timeframes, following its debut on major crypto exchanges. Source: PROVEUSD on Tradingview Powering the Future of ZK Infrastructure The PROVE token is the backbone of the Succinct Prover Network, a decentralized, two-sided marketplace where developers request ZK proofs and independent provers compete to fulfill them. Unlike traditional systems that require complex and costly infrastructure, Succinct simplifies the integration of ZK proofs via a general-purpose zkVM that supports languages like Rust. Currently, the network supports 35+ protocols, has processed over 5 million proofs, and secures more than $4 billion in value. Notable partners include Polygon, Mantle, Lido, and Celestia. Looking Ahead Succinct’s approach to verifiable computation is drawing comparisons to foundational internet protocols, with CTO John Guibas noting, “Our goal was to make proving infrastructure accessible at internet scale.” With strong developer traction, dual exchange listings, and a scalable infrastructure model, Succinct is well-positioned to become a core component of blockchain scalability and privacy. Related Reading: Bitcoin Price Crash To $100,000 Or Rally To $122,000? Analyst Shows Game Plan For BTC As zero-knowledge proofs move toward mainstream adoption, the PROVE token and its underlying network could be a notable mention in shaping the next era of dApps. Cover image from ChatGPT, PROVEUSDT chart from Tradingview
BitcoinWorld Hyperliquid Whale’s Astounding Move: Halving BTC Short Losses The volatile world of cryptocurrency trading often brings forth stories of immense gains and, sometimes, significant reversals. Recently, a notable development on the Hyperliquid platform caught the attention of the crypto community: a prominent Hyperliquid whale , known as “@qwatio,” made a decisive move to halve a substantial Bitcoin (BTC) short position. This action highlights the inherent risks and dynamic nature of crypto trading losses , even for experienced market participants. What Prompted This Hyperliquid Whale’s Strategic Shift? On-chain analyst EmberCN, a well-regarded voice on X, first brought this intriguing situation to light. EmberCN identified “@qwatio” as an “insider,” suggesting a deeper understanding of market dynamics or perhaps even privileged information. Initially, this whale’s BTC short position was immensely profitable, boasting an unrealized gain of a staggering $26 million. However, market shifts quickly turned the tide. The unrealized profits vanished. The position instead accumulated $2 million in losses. This rapid reversal compelled “@qwatio” to act. This dramatic swing from significant profit to a notable loss underscores the unpredictable nature of leveraged trading on platforms like Hyperliquid. Understanding the Dynamics of a BTC Short Position and On-Chain Analysis A BTC short position essentially means betting on a price decline. Traders open shorts when they expect Bitcoin’s value to fall, hoping to buy back at a lower price and profit from the difference. When the market moves against a short, as it did for “@qwatio,” losses begin to mount. This is where on-chain analysis becomes crucial. Analysts like EmberCN monitor public blockchain data to track large transactions and significant wallet movements, providing insights into the actions of major players, or “whales.” Their reports offer a transparent look into market sentiment and potential trends. Navigating Crypto Trading Losses: A Whale’s Perspective Why would a trader, even one with the capital of a whale, cut losses after such a massive reversal? This decision, while painful, is often a core component of a sound whale trading strategy . Allowing losses to accumulate indefinitely can lead to even greater financial damage or even liquidation, where the exchange automatically closes the position. Halving the short means reducing exposure and preserving capital, even if it locks in existing losses. It’s a strategic retreat to fight another day, rather than a full capitulation. Risk Management: Prioritizing capital preservation. Market Volatility: Acknowledging unpredictable swings. Adaptability: Adjusting to changing market conditions. This move by the Hyperliquid whale serves as a powerful reminder that even the biggest players face challenges and must adapt to survive in the volatile crypto markets. What Can Traders Learn from This Hyperliquid Whale’s Action? The case of “@qwatio” offers valuable lessons for all traders, regardless of their capital size. Firstly, it emphasizes that unrealized profits are just that – unrealized. Market conditions can change rapidly, turning fortunes overnight. Secondly, it highlights the importance of having a robust risk management plan, including clear stop-loss levels or strategies for cutting losses. Finally, observing the actions revealed by on-chain analysis can provide insights into how large entities manage their positions, offering a glimpse into professional trading psychology. Never rely solely on unrealized gains. Implement strict risk management. Learn from experienced traders and on-chain insights. This incident on Hyperliquid reinforces the unpredictable nature of crypto, urging traders to remain vigilant and disciplined. The recent move by the Hyperliquid whale , “@qwatio,” to halve a significant BTC short position after experiencing a substantial profit reversal into losses, provides a compelling narrative from the front lines of crypto trading. It underscores the critical importance of adaptable strategies and stringent risk management, even for those with deep pockets. As the crypto markets continue their dynamic dance, stories like these serve as crucial reminders that discipline and quick decision-making are paramount for navigating both immense potential and unforeseen challenges. Frequently Asked Questions (FAQs) Who is “@qwatio” and what is their significance? “@qwatio” is a pseudonymous trader on Hyperliquid, described by analyst EmberCN as an “insider” or “whale” due to their large trading positions, like the significant BTC short. Their actions are noteworthy because they can influence market sentiment or reflect informed perspectives. What is a BTC short position? A BTC short position is a trading strategy where an investor borrows Bitcoin and sells it, expecting its price to fall. The goal is to buy it back at a lower price later, return the borrowed Bitcoin, and profit from the price difference. What is Hyperliquid? Hyperliquid is a decentralized perpetual exchange that allows users to trade various cryptocurrencies with high leverage. It’s known for its speed and on-chain operations. How did “@qwatio”‘s position go from profit to loss? Initially, Bitcoin’s price likely dropped, allowing “@qwatio”‘s short position to accrue $26 million in unrealized profits. However, a subsequent increase in Bitcoin’s price would have caused these profits to vanish and turn into losses, reaching $2 million. Why did the whale cut their losses instead of waiting? Cutting losses is a fundamental risk management strategy. By halving the position, “@qwatio” reduced their exposure to further price increases, preventing potentially larger losses or even a forced liquidation of their entire position. It prioritizes capital preservation. Did this intriguing story of the Hyperliquid whale resonate with you? Share your thoughts on risk management in crypto trading! Join the conversation and spread the knowledge by sharing this article on your social media channels. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Hyperliquid Whale’s Astounding Move: Halving BTC Short Losses first appeared on BitcoinWorld and is written by Editorial Team
Identifying the fastest growing cryptos in 2025 goes beyond chasing headlines and requires a closer look at real data and value. This year, the focus shifts to coins showing credible growth, actual use cases, or smart entry points driven by solid numbers and trends. Whether it’s a presale with clear momentum, a coin built for short-term plays, or tech-focused assets with real fundamentals, only a handful truly stand out. Here’s a breakdown of four notable cryptocurrencies that are being watched closely due to their ROI potential, unique appeal, and timing. Each brings a distinct strategy for those exploring the fastest growing cryptos in 2025 before major price shifts take place. 1. BlockDAG (BDAG): 2,660% Gains Already Delivered and Still Room to Grow BlockDAG is attracting attention with its presale price holding at $0.0016 until August 11th, opening one of the strongest ROI setups in crypto right now. While its demo dashboard displays a $0.0276 internal price, BDAG remains available at just $0.0016 in batch 29. That contrast points to a built-in upside of over 1,600% even before any exchange listing takes place. BlockDAG has already crossed major milestones, with $363 million raised and over 24.7 billion coins sold in presale. Since batch 1, early buyers have already seen 2,660% growth in their funds. Unlike many early-stage projects, BlockDAG has released a full interactive dashboard showcasing trading simulations, pricing tools, and real-time visuals, giving users a preview of how the token will behave post-launch. This isn’t just about timing, it’s about measurable growth. With its tools live and active community, BlockDAG (BDAG) earns its spot among the fastest growing cryptos in 2025. The $0.0016 pricing window closes August 11th, making this a data-supported, time-sensitive play worth watching. 2. BONK: Momentum-Driven Moves in a Meme-Heavy Market Among Solana-based meme coins, BONK has carved a space thanks to its volatile runs and expanding retail participation. Unlike projects chasing long-term utility, BONK thrives on speed, volume, and trader sentiment. Its model focuses on fast swings and liquidity cycles rather than deep development. BONK’s appeal comes from its low price-per-unit combined with high trade volume, making it perfect for those who target 2x to 5x shifts in short timeframes. Being linked to the Solana network ensures consistent presence across major exchanges and apps. While BONK doesn’t promise sustainable mechanics, it continues to ride speculative waves with force. For quick-turnaround gains, BONK remains one of the fastest growing cryptos in 2025, thanks to its price action-driven appeal and potential for short bursts of profit in reaction-heavy markets. 3. Kaspa (KAS): Efficient Tech Meets Long-Term Potential KAS is gaining support from the technically aware crypto crowd because of its advanced GHOSTDAG structure and near-instant block processing. Built with a proof-of-work base yet designed for speed, Kaspa delivers an efficient alternative to traditional PoW chains without compromising decentralization. Its performance metrics remain strong, transaction speed, security, and growing adoption rates all signal a solid build. KAS’s price trajectory has also been consistent, showing rising volume and gradual climbs, even with a market cap smaller than other layer-1 platforms. The upside here lies in its blend of scalability and underexposure. With growing listings and staking options on the horizon, Kaspa has every reason to be on the fastest growing cryptos in 2025 list. It’s not built for hype; it’s built for sustainability and continuous improvement. 4. Cronos (CRO): Strategic Brand, Quiet Accumulation Phase CRO, the utility coin backing the Crypto.com ecosystem, is often overlooked in high-volume chatter, but that quiet may be its strongest asset. Its presence across global sporting promotions and integration within the app give it a wide base, and its current price level offers upside for those looking ahead. CRO has been trading close to its bottom range, giving room for entry before a potential volume resurgence. Once Crypto.com resumes broader reward programs and exchange traffic rebounds, CRO could begin retesting old highs. It has an established user community and remains fully functional within a large ecosystem. For those evaluating the fastest growing cryptos in 2025 from a recovery angle, CRO represents a calculated play. It’s a low-noise, high-potential setup with a strong platform supporting it. Final Say When looking at the fastest growing cryptos in 2025, it’s not only about hype but strong data, proven activity, and time-limited entry windows. BlockDAG leads this group with a structured setup that has already brought 2,660% gains to early adopters and offers over 1,600% potential as its $0.0016 price stays live until August 11th. BONK continues to deliver on short-term trades, Kaspa brings reliable architecture with strong upside, and CRO offers a quiet accumulation opportunity backed by a major brand. For anyone following numbers over narratives, these four assets make a compelling case for the fastest growing cryptos in 2025 . Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Best Long-Term Cryptos For 2025: Why BlockDAG Could Leave LINK, SHIB & Mantle Behind appeared first on Times Tabloid .
Crypto sports betting is no longer a fringe hobby, it’s a preferred choice for bettors who value speed, privacy, and decentralized transactions. But not all crypto sportsbooks treat bonuses the same way. Some rely on opaque leveling systems or vague cashback mechanics, while others offer structured rewards that truly benefit the user. This article compares three platforms, Spartans , Rollbit, and Gamdom, to determine which one offers the most crypto-friendly bonus experience. If you’re looking for the top crypto sportsbook promotions in 2025, read on. Spartans: Structured Bonuses That Reward Crypto Users Spartans has quickly become a go-to for crypto bettors who want real rewards, not just flashy interfaces. The sportsbook’s promotions are designed with crypto users in mind, supporting Bitcoin, Ethereum, Tether, Avalanche, and more. Instead of vague point systems or casino-only perks, Spartans delivers two key promotions: a 300% sports welcome bonus and a 25% daily deposit bonus, both fully compatible with crypto wallets. The 300% sports bonus kicks off with a low $5 minimum deposit and goes up to $200 in bonus value. Wagering requirements are clear, 10x the bonus amount, with reasonable odds requirements that don’t limit player strategy. That means you can bet on what you actually want, whether it’s a UFC main event or Champions League action. The bonus is valid for seven days, and users can withdraw up to ten times the bonus amount if they meet the requirements. The 25% daily deposit bonus gives returning users something to work with every single day. With just a $10 deposit, crypto users can access up to $50 in extra funds for sports betting. The wagering multiple is just 8x, and the bonus supports football and basketball markets, with fair odds minimums. Compared to other platforms, Spartans has found the sweet spot between accessibility and meaningful reward. It’s consistent, transparent, and gives crypto users exactly what they expect: frictionless value. Rollbit: Cashback Without Clarity Rollbit takes a different approach. Rather than structured bonuses, it leans into a rakeback model based on user wagering activity. While this sounds great in theory, the execution is murky. Cashback percentages fluctuate based on player volume, engagement, and account tier, but these tiers aren’t always clearly explained. Crypto users often find themselves playing without knowing when or how much they’ll get back. For high-volume players or those engaged in Rollbit’s other features like trading or NFTs, the rakeback may seem attractive. But for the average sports bettor who deposits crypto and wants to wager on matches, there’s a noticeable lack of upfront value. There’s no guaranteed welcome bonus for sports betting, and no daily or weekly deposit match that makes crypto go further. For users who want immediate value from their deposits and bonuses that clearly apply to the sportsbook, Rollbit’s approach falls short. It rewards loyalty, sure, but in a system that feels random unless you’re heavily invested in the platform already. Gamdom: Leveling That Leaves Players Guessing Gamdom introduces a level-based rewards system where users climb ranks to unlock bonuses. The site supports crypto deposits and has built a loyal following, but the promotional structure can be a barrier for those who expect instant rewards. The leveling process is tied to volume and time, meaning you have to wager significantly before seeing any tangible return. While Gamdom does offer occasional promotions or targeted bonuses, they tend to lack consistency. The value of the rewards at each level isn’t always disclosed ahead of time, which makes it hard to calculate expected returns. There’s also no dedicated sportsbook welcome bonus that directly benefits crypto bettors. Most of the perks come through leveling or temporary events, which may or may not align with the user’s active betting period. For casual players or anyone new to crypto sports betting, this system can feel more like a game of chance than a reward engine. Compared to Spartans, which offers upfront, guaranteed bonuses with clear crypto compatibility, Gamdom’s format is better suited to long-haul users who are willing to grind their way to unknown rewards. Spartans Sets the Standard for Crypto Bonus Clarity When evaluating the top crypto sportsbook promotions in 2025, Spartans stands out as the most balanced, rewarding, and transparent option. Its combination of a 300% welcome bonus and a 25% daily bonus delivers immediate value to crypto bettors without forcing them into confusing tiers or abstract cashback loops. The bonuses are easy to trigger, tied directly to real crypto deposits, and offer realistic terms that players can actually meet. Rollbit and Gamdom may have built-in reward systems, but neither offers the same level of clarity or instant value. For users who deposit crypto and expect structured bonuses in return, Spartans provides the clearest path to boosted bankrolls and real withdrawal potential. It’s not about gimmicks or hidden mechanics, it’s about giving crypto sports bettors what they deserve: full control, fast payouts, and bonuses that deliver. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Top Crypto Sportsbook Promotions: Learn How Spartans’ $200 Bonus Structure Differs from Rollbit’s and Gamdom’s Reward Models appeared first on Times Tabloid .
Coinbase hit $106 billion in value after joining the S&P 500 earlier this year, riding a 69% rally that pushed it to the front of the crypto-to-Wall-Street pipeline. That run ended hard last week when the stock dropped 17% after its earnings release, the second-biggest post-earnings dip in the company’s history. Analysts are now asking whether Coinbase can keep charging higher fees without losing ground to cheaper competitors. For years, the company ignored pressure to drop its fees, even increasing them in March for some stablecoin trades. But the game has changed. Robinhood and Kraken are closing in fast, and Gemini and Bullish are getting ready to go public. “We still see long-term risks to their growth due to above-average retail transaction fees and increasing competition from platforms like Robinhood,” said Alex Woodard, an analyst at Arca. Robinhood, Kraken, Gemini heat up the competition Robinhood charges roughly half what Coinbase does, based on estimates from Mizuho. Kraken is expanding beyond crypto by adding stocks and ETFs to keep users inside its app longer. Meanwhile, Bitcoin has stabilized, and that’s giving users space to think about where they trade and what it costs. All of this is forcing Coinbase into a corner. The company either lowers prices and sacrifices margins or holds prices and loses users. Brian Armstrong, who co-founded Coinbase in 2012, took it public in 2021. That gave him a head start on most of the industry, as Coinbase became the main place to trade crypto for both retail users and big institutions in the U.S. On last week’s earnings call, Chief Financial Officer Alesia Haas said part of the trading slowdown was linked to Coinbase’s decision to start charging for stablecoin trading pairs, a segment that had mostly been free. “This was in our control,” Alesia told shareholders. “When you exclude the impact of lower stable-pair volume, our total trading volume was more similar to the overall spot markets.” Coinbase framed the move as a tradeoff, betting on margin instead of user growth. A company spokesperson allegedly told Bloomberg in an email, “As more players enter crypto, it’s a sign the space is going mainstream. That’s good for the ecosystem, but we’re here to win.” Whether that win comes with fewer users or not is the big question. Coinbase leans on expansion plans Coinbase isn’t sitting still. It’s planning to offer stock trading and expand its custody services, which already serve institutional products like Bitcoin ETFs. It bought Deribit and added perpetual-style futures contracts for U.S. users. It wants to become the “everything exchange,” with plans to include prediction markets next. It still has over $9 billion in cash and revenue coming in from its partnership with stablecoin issuer Circle Internet Group. But a big part of its business still relies on people trading crypto. Dan Dolev, an analyst at Mizuho, said that full dependency on trading is dangerous. He explained, “Either way, being so fully dependent on crypto trading is risky.” But again, competition is turning up the heat. OKX is back in the U.S. market. Binance, even with its legal troubles, was reportedly talking to World Liberty Financial, a crypto venture owned by the Trump family. Despite the pressure, Coinbase still trades at about 44 times forward earnings. That’s higher than old-school exchanges but lower than Robinhood’s 65. It’s nowhere near Circle’s multiple. But even that premium is in danger. H.C. Wainwright downgraded the stock in July, warning that the competitive squeeze could impact its valuation. Oppenheimer’s Owen Lau is still optimistic. He expects a 46% revenue rebound in the third quarter. “I don’t think COIN’s valuation is out of reach,” Lau said. “It is trading at a big discount compared to HOOD and CRCL. I think if they can continue to grow both top and bottom line, it will help.” Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin dominance remains