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According to the latest daily trading disclosure information released by ARK Invest, Cathie Wood's ARK Invest spent $25.54 million on June 26 to purchase stocks of Coinbase, SpaceX, Circle, Bullish, and Robinhood.Among them, $10.19 million was spent on Coinbase stocks (68,366 shares); $7.01 million on SpaceX stocks; and $5.79 million on Circle stocks.

According to Cointelegraph, in the wave of declines in technology stocks, cryptocurrency-related stocks have suffered particularly severe losses, with the divergence from the broader market continuing to widen. Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72% from their respective historical highs, far exceeding the 48% to 57% pullback of mainstream tech stocks like Oracle, Salesforce, Netflix, and Palantir; in contrast, the S&P 500 index has only retreated 3.5% from its recent peak.On the fundamental side, Coinbase's first-quarter performance was significantly below Wall Street expectations, with a 21% quarter-over-quarter decline in revenue and a loss of $1.49 per share, while analysts had previously expected earnings of $0.27 per share. Bitcoin fell below $60,000 this week, down more than 54% from its October peak; Ethereum also dropped to around $1,500, down about 69% from last year's high, with market sentiment continuing to deteriorate.21Shares has lowered its 2026 cryptocurrency market expectations in its mid-year outlook report, believing that the performance of digital asset prices is significantly lagging behind the industry's fundamentals. The institution pointed out that institutional adoption is still deepening, with stablecoins, asset tokenization, and prediction markets maintaining strong development momentum, but the four-year market cycle of Bitcoin remains the dominant force in price trends. The report also acknowledged previous misjudgments—"the cycle of Bitcoin is evolving, but has not yet broken," retracting its earlier assertion that the four-year cycle was outdated.Analysts believe that the deep pullback in cryptocurrency stocks reflects the overall weakness of the digital asset market, the uncertainty of legislative progress in the U.S. cryptocurrency market structure, and the compounded pressure from the potential impact of AI technology on existing business models.

Coinbase CEO Brian Armstrong published an article introducing the company's latest progress in AI cost optimization.Armstrong stated that as the usage of AI and Token consumption continues to grow, the key to controlling costs is not to restrict employee usage or frequently send budget reminders, but to optimize default model selection, task routing mechanisms, and caching strategies.He revealed that Coinbase is trying to use open-weight models such as GLM 5.2 and Kimi 2.7 as default options through an internal LLM gateway, while still allowing engineers to choose other models based on specific task requirements. Data shows that 91% of the company's employees have never reached the AI usage quota limit, so Coinbase has not chosen to tighten quotas but instead improved overall efficiency through lower-cost model solutions.In terms of model routing, Coinbase preprocesses prompts and, combined with cache hit rates and the pricing of different models, automatically assigns tasks to the most suitable model. Armstrong believes that complex tasks such as planning and reasoning may require support from cutting-edge models, but execution tasks do not necessarily need to invoke higher-cost models. In the future, the model selection process should be more automated by AI rather than relying on manual decisions.Additionally, he pointed out that cache hit rate is one of the important factors affecting AI costs. Coinbase has incorporated a cache-aware mechanism into the request process to improve the reuse rate of historical results. For example, in the case of LibreChat, after optimizing the caching solution, its cache hit rate has increased from 5% to 60%.Armstrong also stated that the company requires engineers to keep context as concise as possible, including starting new sessions when switching tasks, narrowing the context scope of files, and closing unused tools, to reduce unnecessary Token consumption.According to him, through these measures, Coinbase has successfully reduced AI spending by nearly 50%, while Token usage continues to grow.

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative territory for 40 consecutive days, with the latest report at -0.1569%. This indicator is often regarded as an important reference for measuring the strength of Bitcoin demand in the U.S. market.

According to Arkham monitoring, in the past 2 hours, Grayscale has deposited a total of 8,697 ETH into Coinbase Prime, worth approximately 13.77 million USD.

Coinbase officially stated that it is cooperating with the Brooklyn District Attorney's Office in New York, assisting in the investigation of a long-term impersonation fraud case targeting platform users and supporting victims in recovering funds.According to the Brooklyn District Attorney's Office, a Brooklyn man has been charged with long-term impersonation of Coinbase customer service, using social engineering techniques to mislead users into believing their accounts were compromised and requesting them to transfer funds to a "secure wallet," subsequently transferring and stealing the funds. The case involves approximately 100 victims, with the amount in question nearing $16 million, and over $600,000 has been recovered so far.Coinbase stated that such scams do not stem from platform security vulnerabilities but are social engineering attacks that exploit user trust and urgency, with common tactics including identity forgery, impersonating customer service, and creating account risk panic. The company claims to have cooperated with law enforcement to complete various investigative tasks, including identifying suspects, assisting victims in notifications, providing legal request data support, and on-chain fund tracking, emphasizing that blockchain traceability helps law enforcement track the flow of funds.Coinbase also reminds users that the platform will never ask users to transfer funds to a "secure wallet," nor will it request 2FA verification codes, recovery phrases, or password reset links, and advises users to contact customer service only through official in-app channels. The company will continue to strengthen anti-fraud mechanisms, user education, and cooperation with law enforcement to address the increasingly complex cryptocurrency asset fraud.

According to Onchain Lens monitoring, the BlackRock ETF address deposited 2,700 BTC (worth approximately $161 million) and 41,996 ETH (worth approximately $65.16 million) into Coinbase.

According to BBX data, yesterday institutional funds showed a divergence in their perception of the bottom for Bitcoin, with the core dynamics as follows:BlackRock, Inc. (NYSE: $BLK) yesterday, related entities under the company deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) into Coinbase Prime institutional custody accounts, totaling about $257 million; reports also indicated "possible additional deposits." This deposit occurred against the backdrop of BTC approaching the key technical support level of $59,000, leading to divergent market interpretations: the optimistic interpretation believes that BlackRock is actively accumulating at the extremely low fear index of 18, signaling institutional-level bottom investment; the cautious interpretation suggests this could be passive rebalancing due to IBIT redemptions or internal asset rebalancing, and does not necessarily represent new buying. Regardless of the intent, the scale of $257 million accounts for about 0.5% of IBIT's current approximately $48 billion to $50 billion AUM, which is relatively small, but as a signal of institutional behavior in an extremely fearful market environment, it holds significant emotional reference value.Hyperscale Data Inc (NYSE: $GPUS) recently disclosed its balance sheet showing that the company holds a total of approximately $94.8 million in cash, restricted cash, Bitcoin, and silver, equivalent to 100.42% of the company's total market value of common stock—meaning the physical assets held by the company fully cover the current total market value. The company holds a 10-year, $1.2 billion AI computing power master service agreement (MSA), providing 20 megawatts of AI computing capacity for its Michigan facility, allowing for the continuous accumulation of Bitcoin and precious metals through cash flow from this contract without incurring debt. This business model—locking in cash flow with AI computing contracts and continuously accumulating hard assets with zero leverage—has been referred to by analysts as "the de-leveraged digital asset reserve model against the Strategy," providing a stark contrast in the current market context where Strategy leverage models are under pressure.

According to monitoring by Lookonchain, during the market downturn, whales are still accumulating HYPE. One hour ago, a newly created wallet (0x66FE...1389b0) withdrew 222,493 HYPE from Coinbase Prime, worth 14.41 million USD. Two hours ago, a whale (0x6437...5CF565) received 44,986 HYPE from FalconX, worth 2.87 million USD.

The Block posted on the X platform that Cathie Wood's Ark Invest purchased more shares of Coinbase, Circle, Bullish, and Robinhood during the stock market decline on Thursday.

According to the official announcement, Coinbase will list Cap (CAP). The recharge function for CAP will not be available until the issuer of CAP opens the transfer function.

According to the official announcement, Luxembourg has officially become the registered location of Coinbase under the European Union's Markets in Crypto-Assets Regulation (MiCA) framework (MiCA Home). In the future, Coinbase will use Luxembourg as its EU business center to provide compliant crypto asset services to users in EU member states.

According to Onchain Lens, BlackRock deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) into Coinbase, totaling approximately $257 million, and may continue to make additional deposits.

According to Onchain Lens monitoring, a newly created wallet withdrew 278,827 HYPE from Coinbase, worth 17.45 million USD, and may continue to withdraw more HYPE.

BlackRock deposited 2,400 BTC into Coinbase, worth $149,610,000, and 38,337 ETH, worth $63,380,000, and may continue to deposit more.

According to official news, Coinbase announced that it will launch GEODNET (GEOD) spot trading on June 23, depending on liquidity conditions and regional support.GEODNET is a decentralized geospatial infrastructure (DePIN) network, and its GEOD token is used for node operation and staking.

According to Onchain Lens monitoring, BlackRock deposited 1,241 BTC (approximately $8.007 million) and 7,547 ETH (approximately $1.329 million) into Coinbase, totaling approximately $9.336 million.

Coinbase posted on the X platform that Arcium (ARX) spot trading will launch on June 22. If liquidity conditions are met, the ARX-USD trading pair will open later today in supported trading regions.

Coinbase Markets announced the launch of pre-IPO perpetual contracts for Anthropic and OpenAI, with contract codes ANTHROPIC-PERP and OPENAI-PERP, respectively.The official statement said that the pre-IPO perpetual contract market for both contracts will open for trading on Coinbase on June 22, 2026, at 11:00 UTC (19:00 Beijing time) or later.