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According to Onchain Lens monitoring, a giant whale withdrew 30,000 ETH ($57.66 million) from Coinbase Prime and distributed it to three new wallets.

According to Onchain Lens monitoring, asset management company BlackRock (@BlackRock) withdrew 2,152 BTC from Coinbase Prime in the past hour, worth approximately $140 million.Unlike the previous transfer from IBIT to Coinbase Prime Custody, this flow from Coinbase Prime to IBIT is usually related to new BTC entering the fund.

In the past 6 months, this address has accumulated an increase of 2,612.42 BTC, with a total value of approximately 170.51 million USD.

As of July 7 to 8, 2026, the Coinbase Bitcoin Premium Index has been negative for 50 consecutive days, setting a record for the longest negative period since the index has been recorded. The latest reading is approximately -0.0742%, indicating that the price of Bitcoin on the U.S. trading platform Coinbase is lower than that on Binance. This index compares the Bitcoin prices between Coinbase and Binance. A negative reading typically corresponds to weaker buyer demand in the U.S. compared to broader international market demand; this round of negative values began on May 19, 2026, surpassing the previous record of 40 consecutive days of negative values.As of early July 2026, the U.S. spot Bitcoin ETF has seen a net outflow of about $6 billion this year. In late June, the U.S. spot Bitcoin ETF experienced outflows of over $2.6 billion within 9 trading days, followed by a total inflow of $282 million for Bitcoin and Ethereum ETFs.

Coinbase launched a high-yield USDC lending tier with an annualized rate of about 7.02% a few days after the 7% yield campaign on Robinhood Earn, which is approximately double its standard tier of 3.63%. Both are routed through the decentralized lending protocol Morpho, which has a total value locked (TVL) of $7.11 billion, curated by Steakhouse Financial. However, according to analysis from the account Pink Brains, there are essential differences in the yield structures.Robinhood's 7% is composed of borrower interest, USDG treasury reserve earnings, and subsidies distributed through Merkl. The subsidies cover the gap between organic earnings and the 7% target, with organic earnings actually around 3% in the middle range, meaning about half is from subsidies. Coinbase, on the other hand, circulates funds by lending Ethena USDe to the marginal funding rate of perpetual contracts, further layering MORPHO token rewards, with no fixed cap but also no guaranteed minimum.Pink Brains pointed out that Coinbase's blended yield including rewards has dropped to 4.44%. Robinhood's subsidy commitment lasts for one year, betting on organic earnings rising with new lending demand; Coinbase's activity is unofficially estimated to last until mid-September.

According to Cointelegraph, Rob Witoff, head of the Coinbase platform, stated in an interview that currently 95% to 100% of the company's code is assisted by AI or large language models, a significant increase from 40% in February of this year.Witoff pointed out that the company has achieved daily use of AI by all employees, and each engineer is running an average of 5 to 10 AI agents simultaneously, with the overall work efficiency equivalent to about 1,200 full-time developers.This transformation has driven organizational adjustments at Coinbase, forming smaller, more streamlined, and experienced teams; projects that previously required more than 10 people can now be completed by just 2 to 3 people. This has also become one of the core reasons for Coinbase's 14% layoffs in May of this year. Coinbase predicts that by 2030, the workload of AI agents is expected to reach the equivalent of 100,000 employees.

According to BFM News, the Johor state government of Malaysia has requested the federal government to investigate the Network School, founded by former Coinbase Chief Technology Officer Balaji Srinivasan, due to allegations that some Israeli citizens participated in the project using third-country passports. The Johor state government has asked the Ministry of Home Affairs and relevant law enforcement and security agencies to verify the identities, nationalities, and entry purposes of the individuals involved, and to investigate whether the operation of Network School requires registration or approval under Malaysian law.At the same time, authorities will also review whether the project complies with relevant regulations regarding site permits, building usage, land use, accommodation operations, and commercial activities. If any violations are found, actions will be taken in accordance with the law. It is understood that Network School is located in Forest City, Malaysia, founded by Balaji Srinivasan, and is a private residential community built based on his "Network State" concept, with membership fees starting at $1,500 per month, offering services such as accommodation, dining, fitness, and shared office space.

According to Lookonchain monitoring, U.S. government-related addresses transferred 5,939 ETH to Coinbase Prime, worth $11.15 million.

According to Onchain Lens monitoring, the U.S. government will transfer the seized assets related to the Bitfinex hacker case.Data shows that approximately 296,700 Tether USDt (USDT) worth of funds have been transferred from the government-controlled wallet to a Coinbase Prime address, and the market speculates that these funds may be used for over-the-counter (OTC) sales.

Multiple social media users have reported that the Coinbase platform has opened registration for Chinese users, allowing them to register with a +86 phone number and ID card, without the need for proof of overseas address.

According to Onchain Lens monitoring, Grayscale transferred 852.7 BTC to Coinbase Prime, worth 54.4 million dollars.

According to Onchain Lens monitoring, BlackRock transferred 2,990 BTC to Coinbase Prime hot wallet 1 hour ago, worth $187.3 million.

According to Decrypt, the on-chain tracking platform Arkham shows that the U.S. government transferred a total value of $288.33 million in seized BTC and ETH to Coinbase Prime on Monday, including approximately 3,800 BTC worth $235 million and about 30,000 ETH worth $53 million. The related assets come from criminal cases involving Brian Krewson, BTC-e, and Ryan Farace.Tim Sun, a senior researcher at HashKey, stated that Coinbase Prime is the custodian for the U.S. government, and it is currently unclear whether the transfer is for the purpose of sale or merely for the consolidation and custody of seized assets.Arkham tracking indicates that the U.S. government wallet still holds $20.6 billion in crypto assets, including 324,552 BTC.

Coinbase co-founder and CEO Brian Armstrong posted on the X platform, publicly acknowledging that the creator coin previously promoted by the Base chain has not succeeded and that a strategic adjustment was completed earlier this year.Armstrong stated that Base's current core focus areas are trading, payments, and AI agents, which are interconnected—payments require foreign exchange trading, and AI agents will also involve a large number of trading and payment scenarios. Currently, most resources have been concentrated on the trading track.

Coinbase Institutional stated that U.S. non-farm employment was far below expectations, but the escalation of conflicts in the Middle East has brought inflation risks back into focus for the market. The market is shifting towards pricing "higher interest rates for a longer duration," financial conditions are tightening further, long-term risk assets are under pressure, and the probability of another interest rate hike within the year is also increasing.Amid multiple negative factors, BTC only fell by about 2%, and this relatively resilient performance may indicate that the market is undergoing a bottoming process.

According to Onchain Lens monitoring, a certain whale withdrew 30,100 ETH from Coinbase Prime to a new wallet, worth 52.84 million dollars.

A wallet associated with the U.S. government transferred 140.214 BTC to Coinbase Prime after being dormant for about 4 years, valued at approximately 8.79 million dollars at the time.

According to Cointelegraph, CryptoRank data shows that Coinbase Ventures completed 30 investments in the first half of 2026, becoming the most active crypto venture capital institution; Animoca Brands, a16z, and Tether completed 19, 18, and 15 investments respectively.In the past 12 months, Coinbase Ventures completed a total of 75 investments, ranking first in the industry, followed by Animoca Brands, YZi Labs (formerly Binance Labs), GSR, and a16z.Despite the crypto market still being in a downturn, the scale of industry financing continues to shrink, with the total financing for crypto enterprises in June dropping to $1.4 billion, a 63% decrease from $3.8 billion in April; the number of financing rounds also fell from 89 rounds in May to 61 rounds. Meanwhile, the number of independent investment institutions participating in investments decreased from 452 in October 2025 to 242 in June this year.From the perspective of sectors, DeFi, payments, and AI have remained the most favored areas for capital in the past year, completing 216 rounds, 131 rounds, and 128 rounds of financing respectively, with Coinbase Ventures focusing on payment protocols, DeFi, infrastructure, and RWA tokenization projects.