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According to official news, Coinbase will launch spot trading for Basecat (BASECAT) and DebtReliefBot (DRB).If liquidity conditions are met and the relevant regions support trading, the BASECAT-USD and DRB-USD trading pairs will be opened today.

According to Reuters, the cryptocurrency advocacy organization Stand With Crypto, supported by Coinbase, announced endorsements for 32 incumbent congressional candidates for the midterm elections in November. All 32 candidates voted last year in favor of sending the cryptocurrency industry's top legislative priority, the CLARITY Act, out of the House of Representatives, which is currently stalled in the Senate due to opposition from some lawmakers.The list includes key allies in the cryptocurrency industry such as Republican Representatives Tom Emmer and Bill Huizenga, as well as Democratic Representatives Ritchie Torres and Josh Gottheimer, some of whom are facing fiercely competitive races.Mason Lynaugh, Executive Director of Stand With Crypto, stated, "In 2024, we proved that crypto voters are real, and in 2026, we want to demonstrate our organizational mobilization ability; our advocates are a voting bloc that can truly impact outcomes."Stand With Crypto was launched by Coinbase in 2023 to influence elections by mobilizing voters rather than through large-scale campaign spending, and it claims to have over 3 million registered "advocates." In 2024, the cryptocurrency industry invested $170 million to support congressional candidates, most of whom won, and pushed Congress to pass the GENIUS Act for stablecoin regulation. During this midterm election cycle, the cryptocurrency industry has already invested nearly $200 million through channels such as the Fairshake super PAC to continue solidifying its influence in Congress.

According to Fortune, Hyperliquid is accelerating its entry into the regulated market in the United States, with its related listed company Hyperliquid Strategies actively participating in the promotion of domestic compliance business layout in the U.S.Fortune pointed out that Hyperliquid has currently established a strong market influence in the perpetual contract trading sector and is repurchasing and destroying HYPE through platform fee income.

According to Coinglass data, the Coinbase Bitcoin premium index has reappeared with a positive signal for the first time since May 19, reporting 0.0052%, ending a historical longest negative premium period of 97 consecutive days until August 23. Although these positive values are still relatively sporadic, they indicate that selling pressure from institutions has eased, undoubtedly helping the market continue to push upward, with the next step waiting for institutions to truly return and generate substantial demand.The previous longest record of negative premium was 40 consecutive days from January 16 to February 24 this year, and the second longest was about 30 days of continuous negative premium during last year's "1011 crash." The Coinbase Bitcoin premium index is used to measure the price difference between Coinbase Pro and Binance for Bitcoin. A sustained negative index typically means that Coinbase's quotes are relatively low, reflecting weak buying in the U.S. market or significant selling pressure, but it is not advisable to directly conclude that institutional funds are flowing out based solely on this indicator.

According to Forbes, thanks to early investments in tech companies like OpenAI and SpaceX, potential buyer of the NBA's Los Angeles Lakers, Josh Kushner, has seen his wealth grow nearly threefold this year, and the assets of his firm Thrive Capital have also nearly doubled due to bets on the artificial intelligence wave. As the founder of Thrive Capital, Josh Kushner previously earned substantial returns by investing in companies such as Instagram, Spotify, and OpenAI, and has become one of Silicon Valley's most successful venture capitalists in recent years.In recent months, Josh Kushner has frequently appeared at core events in the tech and capital circles. As the investment frenzy in artificial intelligence continues, venture capital firms that own core AI assets like OpenAI and SpaceX are becoming one of the biggest beneficiaries.It is reported that Josh Kushner is currently preparing to acquire the Los Angeles Lakers with former Disney CEO Bob Iger, with the deal valued at $1.25 billion. If completed, it will become one of the most notable capital operations in the history of professional sports in North America.

The metaverse gaming platform The Sandbox confirmed that there is a vulnerability in its cross-chain bridge, allowing attackers to mint uncollateralized SAND on Base and BNB Smart Chain. Blockchain security company PeckShield discovered on August 21 that two addresses had collectively minted approximately 1.49 billion SAND, prompting The Sandbox to shut down the bridging functions for both networks.The Sandbox stated that the affected assets are those bridged on Base and BNB Smart Chain, while SAND on Ethereum and Polygon, user wallet assets, and Ethereum locked assets used to support the tokens remain unaffected. The incident involved a proportion of real collateralized assets that is less than 0.01% of the total supply of SAND. The Sandbox is formulating a compensation plan for the affected liquidity providers and advises users not to trade SAND on Base or BNB Smart Chain until the bridging function is restored.Coinbase plans to delist 10 perpetual futures contracts, including SAND, on August 26, at which time any open positions will be automatically settled.

According to CoinGlass data, the Coinbase Bitcoin premium index has been in a negative premium range for 97 consecutive days from May 19 to August 23, with the latest report at -0.0266%, setting a new record for the longest continuous negative premium since the index was launched.The previous longest record was 40 consecutive days from January 16 to February 24 this year, which also exceeded the approximately 30 days of continuous negative premium during last year's "1011 crash." The Coinbase Bitcoin premium index is used to measure the price difference of Bitcoin between Coinbase Pro and Binance. A sustained negative index typically indicates that Coinbase's quotes are relatively low, reflecting weak buying in the U.S. market or significant selling pressure, but it should not be solely relied upon to directly conclude that institutional funds are flowing out.

On August 23, the financial disclosure released by the U.S. Office of Government Ethics showed that Trump conducted over 1,000 securities transactions in June, with a total transaction amount ranging from $78.1 million to $263.1 million. Among them, cryptocurrency-related transactions involved Coinbase, Strategy, and Robinhood. Overall, the scale of cryptocurrency-related stock trading was relatively limited, accounting for a low proportion of his total securities transactions in June.Specifically, regarding Coinbase, Trump sold stocks worth $15,001 to $50,000, $100,001 to $250,000, and $1,001 to $15,000 on June 12, 18, and 23, respectively, and purchased stocks worth $50,001 to $100,000 on June 24; regarding Strategy, he sold stocks worth $1,001 to $15,000 and $15,001 to $50,000 on June 23 and 24, respectively; regarding Robinhood, he purchased stocks worth $1,001 to $15,000 on June 3.

The financial disclosures released by the U.S. Office of Government Ethics on Saturday show that Trump conducted over 1,000 securities transactions in June, with a total transaction amount ranging from $78.1 million to $263.1 million. Among them, crypto-related transactions involved Coinbase, Strategy, and Robinhood. Overall, the amount of crypto-related stock transactions was relatively limited, accounting for a low proportion of his total securities transactions in June.Coinbase: Sold Coinbase stocks worth $15,001 to $50,000, $100,001 to $250,000, and $1,001 to $15,000 on June 12, 18, and 23, respectively, and bought Coinbase stocks worth $50,001 to $100,000 on June 24;Strategy: Sold Strategy stocks worth $1,001 to $15,000 and $15,001 to $50,000 on June 23 and 24, respectively;Robinhood: Bought Robinhood stocks worth $1,001 to $15,000 on June 3.

According to Onchain Lens monitoring, Wintermute transferred 129,500 SOL to Binance, worth approximately $12.42 million; at the same time, 169.5 BTC was transferred, worth approximately $13.11 million, suspected to be for sale. Additionally, 407.47 BTC was transferred through an intermediary wallet and then moved to Coinbase, worth approximately $31.36 million.

According to Bloomberg, financial disclosures released by the U.S. Office of Government Ethics on Saturday show that Trump conducted over 1,000 securities transactions in June, with a total transaction value ranging from $78.1 million to $263.1 million, including purchases of stocks from companies such as Berkshire Hathaway, Visa, Mastercard, and Cintas. The largest transaction was the sale of an ETF from Vanguard worth between $5 million and $25 million on June 22.Trump also purchased Palantir stock valued between $1,001 and $15,000 on June 3, and subsequently sold positions worth between $15,001 and $50,000 and between $500,000 and $1 million on June 16 and 18, respectively, and bought again on June 23 and 24. Other transaction targets included Coinbase, Meta, and Home Depot. The disclosures indicate that Trump conducted over 21,000 securities transactions in 2025, with a total value ranging from $600 million to $1.86 billion. The White House stated that the related investments are managed by an independent entity, and there are no conflicts of interest; Trump's son Eric stated that these assets have been placed in a blind trust.

According to Onchain Lens monitoring, a certain whale previously bought 198,300 LINK from Cumberland, worth 2.3 million dollars, and has now transferred it to Coinbase, possibly for sale.

In the second quarter, the trading revenue of three listed cryptocurrency exchanges, Coinbase, Bullish, and Gemini, decreased sequentially. The gap between trading revenue and non-trading revenue for the three platforms narrowed, with Coinbase's difference dropping from approximately $132 million to $44 million within a year.Coinbase expanded its product offerings in stablecoins and prediction markets, with the average USDC holdings in the third quarter increasing by 44% year-on-year to $20 billion. Gemini increased the number of market makers in the prediction market to three times that of the beginning of the year.Bullish launched a new rewards program to support trading operations, with adjusted trading revenue in the second quarter decreasing by 21% sequentially to $29.9 million, but increasing by 24% year-on-year. Gemini's trading volume decreased by 66% year-on-year to $3.8 billion, with a 38% decline in trading revenue.

According to Onchain Lens monitoring, two wallets (possibly related to the same whale) withdrew 750,400 HYPE tokens (approximately 6.04 million USD) from Coinbase.

According to on-chain analyst Onchain Lens (@OnchainLens), Multicoin Capital transferred 197,560 HYPE to Coinbase in the past 9 hours, worth approximately $14.54 million, suspected to be for sale.

According to CoinDesk, Coinbase CEO Brian Armstrong stated that the U.S. "Digital Asset Market Structure Clarification Act" (CLARITY Act) is expected to receive over 60 votes of support in the U.S. Senate on September 15 and is confident about passing the first key procedural vote after returning to Congress.Brian Armstrong previously mentioned that the CLARITY Act has entered its final advancement stage, and the Senate procedural vote requires 60 votes of support to push the bill forward. The bill aims to establish a regulatory framework for digital assets in the U.S., clarifying the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the regulation of crypto assets. Armstrong believes that the clarification of U.S. crypto industry regulation is approaching, and whether the CLARITY Act ultimately passes or regulatory agencies advance through administrative rules, the market will welcome a clearer regulatory environment.Previously, U.S. President Trump also called on Congress to push the CLARITY Act through, believing that the bill is significant for establishing a regulatory system for digital assets and enhancing the competitiveness of the U.S. crypto industry. reuters.com However, the bill still faces controversy from some lawmakers regarding issues such as conflicts of interest and stablecoin regulation, and whether it can ultimately be successfully implemented still depends on subsequent negotiations in the Senate.

According to Onchain Lens monitoring, the MSBT Bitcoin ETF address (bc1q2gzj...tqfpef) under Morgan Stanley withdrew 146.15 bitcoins from Coinbase Prime, worth approximately 11 million dollars.

The Coinbase Bitcoin Premium Index's negative premium has narrowed to -0.0221%, but it remains in a negative premium state. Data shows that from May 19 to August 21, this indicator has been in the negative premium range for 95 consecutive days, setting a record for the longest continuous negative premium since the indicator was launched. The previous longest record was 40 consecutive days from January 16 to February 24 of this year, which also exceeded the approximately 30 days of continuous negative premium during last year's "1011 crash."The Coinbase Bitcoin Premium Index is used to measure the price difference of Bitcoin between Coinbase Pro and Binance. A continuous negative index usually indicates that Coinbase's quotes are relatively low, reflecting weak buying in the U.S. market or significant selling pressure, but it is not advisable to directly conclude that institutional funds are flowing out based solely on this indicator.

Coinbase CEO Brian Armstrong stated that the U.S. cryptocurrency Clarity Act will help prevent similar incidents to the FTX collapse from happening again. Armstrong emphasized that the act can enhance market transparency and investor protection levels by providing a clear regulatory framework.The Clarity Act aims to provide clearer regulatory definitions for digital assets, distinguishing between securities and commodities, and strengthening compliance requirements for exchanges. The industry generally believes that such legislation is expected to reduce systemic risks and promote compliant development of the cryptocurrency industry in the U.S.