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The company earlier raised $450 million in a private placement round from investors to pursue an ETH reserve strategy.
Troubling macro headlines concerning the Middle East and tariffs failed to shake U.S. stocks, but cryptocurrencies sold off.
The Coinbase One Card, issued in partnership with American Express, will offer up to 4% rewards in bitcoin after purchases and other perks.
The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.
U.S. economic resilience and stablecoin legislation will drive optimism for BTC, with the fate of altcoins being less certain.
The move will allow the Nasdaq-listed firm to add to its 609,000 SOL stack as of May 16.
The U.S. president addressed an annual Coinbase event.
Also: EF Treasury Policy, Increase of OP_CAT Data Limit, and Plume Genesis Goes Live.
Avalanche's token’s recovery from oversold conditions suggests potential for continued upward momentum if newly established support holds.
Network becomes second most popular L1 blockchain with 46 million monthly active users, yet price struggles amid inflation concerns.