Coinbase Premium Falls to Yearly Low as Institutional Selling Pressure Builds
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
A bull market is a period characterized by sustained increases in cryptocurrency prices across the market. It is typically driven by strong investor confidence, increased demand, and positive market sentiment. During a bull market, trading volumes often rise as more participants enter the market. Prices may trend upward over weeks or months, though short-term corrections can still occur. Bull markets can be influenced by factors such as technological developments, macroeconomic conditions, or regulatory clarity. They often coincide with higher network activity, capital inflows, and expanded adoption.
The Coinbase Premium has dropped to its lowest level since late 2024, signaling weakening institutional demand for Bitcoin amid broader market stress and ETF outflows.
Elon Musk’s xAI is seeking a crypto market expert to help train its AI models on onchain data, trading behavior, and market structure dynamics.
Large transfers of Bitcoin and Ether from BlackRock to Coinbase Prime, combined with ETF outflows and pending US inflation data, are heightening expectations of near-term crypto market volatility.
Bitcoin fell under $95,000 amid a broad four-day decline triggered by heavy losses in AI and tech stocks, mounting macro pressures and thinning crypto-specific flows.
Coinbase has unveiled a new platform for digital token offerings, with Layer-1 blockchain Monad set to be the first project to sell its token through the exchange’s regulated framework.
Ripple has expanded into prime brokerage with the launch of Ripple Prime in the United States, allowing institutional clients to trade and manage a full range of digital asset products, including XRP and RLUSD.
A document shared via the account of Sam Bankman-Fried argues that FTX was never insolvent, claiming its assets could have reached $136 billion and its native token FTT $22 billion today.