If you're a Coinbase user, you may be able to use the bitcoin you own as collateral to get a loan thanks to a new service launched Thursday. But the offering has its risks.

Robinhood Markets and Coinbase both drew favorable Wall Street coverage on Friday tied in part to their cryptocurrency businesses. Robinhood stock and Coinbase stock both rallied for a fourth straight day,

Brian Armstrong, CEO of US-based cryptocurrency exchange Coinbase, has endorsed plans for global leaders to create Bitcoin strategic reserves. In a Jan. 17 blog post on “economic freedom,” Armstrong said cryptocurrencies were ”the next chapter capitalism,

XRP, the third-largest cryptocurrency by market value, has replaced bitcoin ( BTC) as the most-traded digital asset on Coinbase (COIN), the Nasdaq-listed cryptocurrency exchange that's seen as a proxy for U.S. demand.

XRP is now the most traded digital currency on Coinbase, beating Bitcoin as investor sentiment jumped remarkably in the US.

Late Thursday, Bloomberg reported that President-elect Donald Trump will likely issue an executive order announcing crypto as a national imperative or priority with a voice in his administration. Trump could also announce the creation of a crypto advisory that will advocate the digital asset industry's policy goals.

The new product line marks Coinbase’s second foray into the Bitcoin lending market. In May 2023, the exchange announced it would be ending its Borrow program, which allowed users to obtain cash loans backed by their BTC holdings. The program was officially shut down on Nov. 20, 2023.

Coinbase launches Bitcoin-backed loans via Morpho, aiming to tap $45B market by 2030 with accessible, secure, on-chain lending.

Centralized crypto exchange Coinbase now offers Bitcoin-based loans through Morpho, a lending protocol on its Ethereum layer-2 network, Base.

President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in office,

Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves.

Shares of Coinbase Global Inc. (COIN) gained more than 3% in morning trade on Friday after analysts at Oppenheimer sounded an optimistic note for investors looking to go long on the company. According to a report by TheFly,