After the recent surge from around $0.24, Cardano (ADA) has struggled around the $0.27–$0.28 range for several weeks now.

However, recent developments and chart patterns signal a possible breakout.

Coinbase integration boosts ADA utility

One of the main factors driving renewed interest is the announcement that Coinbase now allows ADA to be used as collateral for loans.

This new feature allows users to borrow up to $100,000 in stablecoins without selling their ADA holdings.

Investors who want liquidity but wish to retain their ADA can now do so, thereby avoiding potential taxable events associated with selling.

This feature is especially appealing in volatile markets where traders want flexibility without exposing themselves to full downside risk.

It also underscores ADA’s growing real-world utility. Holding ADA is no longer just a speculative play; it can now serve as a financial instrument.

Large holders, often referred to as whales, may be particularly motivated by this.

Using ADA as collateral encourages them to maintain or even increase their positions.

This kind of activity often reduces supply pressure and stabilises the token in periods of uncertainty.

Moreover, as more users access these loans, the network effect could drive broader adoption across crypto platforms.

It positions ADA as a more functional and versatile asset, strengthening its market presence.

Technical signals suggest a possible reversal

At the same time, ADA’s charts are showing promising signs that a reversal may be in play.

Trading volume has sharply declined over recent months, reaching a multi-month low.

While falling volume often indicates waning interest, in this case, technical indicators suggest something more nuanced.

An inverse head-and-shoulders pattern has started to form, which is typically a bullish signal.

The Relative Strength Index (RSI) also shows divergence, suggesting that the selling pressure is easing and buyers may be stepping in.

If ADA can push above the $0.30 resistance level, it could ignite a rally toward $0.40 or even higher.

Support around $0.27 is now critical; a drop below this level could erode bullish momentum and delay any breakout.

A further slide below $0.22 would indicate that the reversal pattern has failed, potentially opening the door to extended losses.

Even with short-term uncertainty, the combination of technical patterns and Coinbase integration is creating cautious optimism among traders.

Whales are also accumulating the altcoins.

On-chain data from Santiment shows that large holders have been steadily increasing their ADA positions, often a sign that strong hands are preparing for a sustained move higher.

Historically, such accumulation tends to precede upward price momentum once market conditions improve.

The alignment of technical signals, increased utility, and investor confidence could make the coming weeks critical for ADA’s trajectory.

For traders and holders, these developments suggest that Cardano may be on the verge of breaking out from its current consolidation phase.

The post Cardano (ADA) flashes technical reversal signals following Coinbase integration appeared first on CoinJournal.

Cardano (ADA) flashes technical reversal signals following Coinbase integration

Source: https://coinjournal.net/news/cardano-ada-flashes-technical-reversal-signals-following-coinbase-integration/

Coinbase is entering 2026 with a platform that looks increasingly different from a traditional crypto exchange.

The company is placing greater emphasis on stablecoins, its Ethereum layer-2 network Base, and a wider range of trading products that stretch well beyond digital tokens.

The shift reflects how crypto platforms are adapting as growth in spot trading cools and competition intensifies.

Rather than positioning itself only as a gateway to cryptocurrencies, Coinbase is aligning its business around broader financial access, with trading, payments, and onchain activity increasingly converging inside a single ecosystem.

Platform strategy shift

In a New Year’s post, Brian Armstrong reiterated Coinbase’s ambition to build what it calls an “everything exchange.”

The strategy focuses on expanding product lines so users can trade and interact with multiple asset classes from one interface.

That direction was formalised at the company’s year-end conference in December, where Coinbase rolled out stock trading and prediction markets.

These launches marked a clear move beyond cryptocurrencies and into areas traditionally dominated by retail brokerages and derivatives platforms.

Coinbase executives have framed the rollout of stock trading on the main app as a key step toward enabling round-the-clock access to markets, with crypto, equities, and exchange-traded funds sitting side by side.

Expansion beyond crypto

Coinbase’s product push is not limited to its exchange. The company has rebranded its wallet as an “everything app,” adding social networking features and deeper onchain functionality.

The aim is to keep users active across more use cases, rather than relying solely on trading volumes.

The company has also launched onchain prediction markets in partnership with Kalshi, allowing users to participate in markets tied to real-world events.

Alongside this, Coinbase has flagged plans for perpetual futures that would cover both crypto assets and stocks.

These additions move the platform further into direct competition with firms that operate across equities, derivatives, and commodities, rather than only crypto-native rivals.

Stablecoins and Base

Stablecoins form a central part of Coinbase’s longer-term roadmap.

The company has described them as essential financial infrastructure, particularly for cross-border payments, payroll, and settlement.

Armstrong has said banks are likely to seek interest-bearing stablecoin products over time, underlining Coinbase’s view that stablecoins will play a growing role in mainstream finance.

Base, Coinbase’s Ethereum layer-2 network, is positioned as another pillar of this strategy.

The network is designed to support consumer applications, creators, and onchain services that can scale beyond Ethereum’s main chain.

However, Base’s handling of creator coins has attracted criticism from some developers, who argue the approach risks prioritising viral growth while the company promotes creators as a key onboarding channel.

The post Stablecoins, Base and ‘everything exchange’: a look inside Coinbase’s strategy to expand in 2026 appeared first on CoinJournal.

Stablecoins, Base and ‘everything exchange’: a look inside Coinbase’s strategy to expand in 2026

Source: https://coinjournal.net/news/stablecoins-base-and-everything-exchange-a-look-inside-coinbases-strategy-to-expand-in-2026/

Check our Market Overview

Coinbase has taken its dispute with US regulators to court as it expands into prediction markets, filing lawsuits against authorities in Connecticut, Illinois, and Michigan.

The legal challenge centres on a fundamental question facing financial markets in the United States: whether prediction markets should be regulated at the federal level as financial derivatives or treated by states as gambling products.

Coinbase argues that the answer has already been set out in federal law.

State regulators disagree, setting up a clash that could redefine oversight for event-based markets tied to finance, politics, and real-world outcomes.

A jurisdictional battle takes shape

The exchange’s case is built around the Commodity Exchange Act, which grants the Commodity Futures Trading Commission authority over derivatives, including event contracts.

Coinbase maintains that prediction markets listed on CFTC-supervised platforms fall squarely within this framework.

From the company’s perspective, state efforts to apply local gambling laws amount to regulatory overreach.

Paul Grewal, Coinbase’s Chief Legal Officer, has positioned the lawsuits as a response to what the company sees as a direct conflict between federal authority and state enforcement.

Coinbase argues that allowing individual states to intervene risks creating a fragmented regulatory system that undermines national consistency. In that scenario, stricter jurisdictions could effectively block federally approved products across the country.

Gambling labels under scrutiny

A central issue in the lawsuits is how prediction markets are defined.

State regulators have moved to classify them alongside sports betting and casino-style gambling.

Coinbase rejects this comparison, arguing that the mechanics are fundamentally different.

Prediction markets operate as marketplaces that match buyers and sellers who take opposing views on future events.

Prices are set by market demand rather than by a house that manages odds.

Coinbase says this structure aligns prediction markets with derivatives trading, not wagering, and places them within the scope of federal commodities law rather than state gaming statutes.

Federal oversight and compliance claims

Coinbase has also pointed to the regulatory obligations attached to CFTC-supervised markets.

These include monitoring for manipulation, position limits, and ongoing compliance requirements designed to protect market integrity.

According to the exchange, these safeguards already address many of the consumer protection concerns cited by state regulators.

Ryan VanGrack, Coinbase’s Vice President of Legal, has argued that state-level intervention risks duplicating or conflicting with federal oversight.

The company maintains that pulling prediction markets under local gambling rules ignores how federally regulated derivatives markets operate and threatens uniform supervision.

The post Who regulates prediction markets? Coinbase forces a US legal test appeared first on CoinJournal.

Who regulates prediction markets? Coinbase forces a US legal test

Source: https://coinjournal.net/news/who-regulates-prediction-markets-coinbase-forces-a-us-legal-test/

Coinbase is reshaping how people interact with Solana’s fast-moving token market by allowing anyone to trade any Solana asset directly inside its app.

The change removes the wait for formal listings and gives users immediate on-chain liquidity through the same interface they already rely on.

It marks a shift toward a more open, blockchain-driven model of exchange activity.

The company is positioning this as a way for users to keep pace with Solana’s rapid token creation cycle while staying inside a familiar environment that does not require jumping between new platforms.

Trading through a trusted app

The new workflow lets people swap for any Solana token the moment it appears on chain.

They can pay with USDC, a bank account, cash, or a debit card.

This makes access to Solana’s expanding ecosystem far simpler for users who want to participate in early market activity without navigating outside tools.

The update turns the Coinbase app into a bridge that pulls liquidity straight from Solana decentralised exchanges.

People keep the same basic experience they are used to, but the range of assets becomes dramatically wider because the app now connects directly to on-chain markets.

Support for builders

The change also affects developers launching new tokens.

Any asset with enough liquidity on Solana becomes immediately available to the millions of people who use Coinbase.

This removes the long-standing barrier of visibility for early-stage projects.

Instead of waiting for a centralised listing or marketing push, a token becomes discoverable as soon as it is tradable on chain.

It streamlines access for builders and reduces friction around early user acquisition.

The update also demonstrates how exchanges are adapting their mechanisms so that discovery and access are tied directly to the blockchain rather than traditional gatekeeping processes.

More Solana features coming

Coinbase confirmed that deeper Solana integration is underway.

Soon, Solana assets will appear natively within the app interface, positioned beside Bitcoin and Ethereum instead of being placed in a separate category.

This signals a stronger commitment to supporting the network’s ecosystem.

Breakpoint added further activity around Solana with Ellipsis Labs introducing Phoenix Perpetuals, a Solana native perpetuals exchange that allows gasless trading and instant onboarding.

These developments highlight how infrastructure around the network is expanding at a pace and how established platforms are adjusting to meet user demand for faster access.

Changing exchange models

The update reflects a wider shift in how exchanges operate.

Instead of deciding which new assets qualify for listing, platforms are now giving users direct access to whatever appears on the chain.

This hands more control to traders while reducing bottlenecks associated with centralised processes.

With activity on Solana continuing to accelerate, Coinbase’s timing aligns with broader market interest.

The company is adapting its product to match the speed of blockchain-based innovation and responding to the growing preference for open access to newly launched tokens.

The result is a model where the blockchain itself determines what becomes tradable.

The post Coinbase expands Solana trading access with integrated on chain swaps appeared first on CoinJournal.

Coinbase expands Solana trading access with integrated on chain swaps

Source: https://coinjournal.net/news/coinbase-expands-solana-trading-access-with-integrated-on-chain-swaps/

Bitwise has taken a procedural leap that could see its spot Dogecoin ETF go live by late November, signalling a turning point for both regulatory practice and the mainstream acceptance of meme coins.

The asset manager updated its S-1 registration under Section 8(a) of the Securities Act, removing a delaying amendment that kept the fund from automatically becoming effective.

This change started a 20-day countdown, meaning the fund could launch unless the Securities and Exchange Commission (SEC) intervenes.

If unchallenged, the ETF could start trading around 26 November, marking a new milestone in digital-asset regulation.

Filing move reflects growing confidence in SEC approach

The update, noted on 7 November by Bloomberg ETF analyst Eric Balchunas, allows Bitwise to “let the clock run.”

Under Section 8(a), an ETF filing automatically takes effect after 20 days unless the SEC acts to stop or delay it.

This strategy is not common but fully permitted under US securities law.

It indicates that Bitwise is confident the SEC will not act against the fund in time, especially given the agency’s recent approval of several single-asset crypto products.

The regulatory shift suggests that the SEC is becoming more open to digital-asset exposure through tightly monitored instruments such as ETFs.

Inside Bitwise’s Dogecoin ETF structure

The proposed product will hold Dogecoin directly, storing tokens with Coinbase Custody Trust Company, while BNY Mellon will manage its cash reserves.

It is designed to track the CF Dogecoin-Dollar Settlement Price, offering investors direct exposure to the token’s spot performance.

Although Bitwise has not yet disclosed the ticker symbol or management fee, the ETF is expected to list on NYSE Arca.

Its design mirrors that of earlier single-asset crypto ETFs, which blend traditional finance infrastructure with digital-asset markets to provide institutional-grade access to cryptocurrencies.

Dogecoin ETFs move from novelty to serious investment class

Dogecoin, initially launched in 2013 as a light-hearted experiment, has transformed into an investable asset within regulated markets.

The REX-Osprey DOGE ETF, which launched in September 2025, was the first to bring the token into mainstream financial products.

Bitwise’s latest filing follows a broader wave of interest among asset managers.

Several issuers have recently updated or resubmitted their applications, often cutting fees to gain an early competitive edge.

Bloomberg analysts estimate a more than 90 percent chance that multiple Dogecoin ETFs could be trading by the end of the year, supported by the SEC’s gradual acceptance of crypto-based exchange-traded products.

The post Bitwise Dogecoin ETF filing starts 20-day SEC countdown for approval appeared first on CoinJournal.

Bitwise Dogecoin ETF filing starts 20-day SEC countdown for approval

Source: https://coinjournal.net/news/bitwise-dogecoin-etf-filing-starts-20-day-sec-countdown-for-approval/

BlackRock’s iShares Bitcoin Trust has overtaken Coinbase’s Deribit as the leading platform for Bitcoin options, signaling a shift in the center of gravity for crypto trading from offshore hubs to Wall Street.

IBIT takes the lead

Open interest in options tied to the Nasdaq-listed iShares Bitcoin Trust (IBIT) reached nearly $38 billion, outpacing $32 billion on Deribit following Friday’s contract expiry, according to data from Bloomberg and Deribit.

This development marks a significant milestone.

Deribit, founded in 2016, had long dominated Bitcoin options activity and was widely seen as the go-to marketplace for crypto derivatives.

The change comes less than a year after IBIT introduced options in November, underscoring its rapid ascent.

With $84 billion in assets, IBIT is already the world’s largest Bitcoin exchange-traded fund.

The growth of its options market is reinforcing a feedback loop in which deeper liquidity drives legitimacy, attracting more inflows and further strengthening its position.

Wall Street’s growing role in Bitcoin markets

Market participants view the development as part of a broader structural shift in crypto markets.

George Mandres, senior trader at XBTO Trading, said in a Bloomberg report that Wall Street’s increasing participation in Bitcoin options brings “substantial capital and trading expertise.”

He argued that the presence of large financial institutions is contributing to tighter spreads, deeper liquidity, and greater efficiency across the market.

Mandres also suggested that the influence of traditional players could lead to a “volatility of volatility” dampening effect, making Bitcoin price swings less extreme.

As institutional investors weigh Bitcoin alongside traditional assets such as gold or major currencies, he sees the potential for a long-term decline in volatility.

Still, Mandres emphasized that the transition will not result in the complete centralization of liquidity in the US.

Instead, he anticipates the emergence of two parallel ecosystems: one centered around regulated traditional finance (TradFi) products like IBIT, and another in offshore and decentralized finance (DeFi) venues catering to higher-risk traders.

Deribit’s role and the offshore market

Despite losing its top ranking, Deribit remains a key player in Bitcoin derivatives markets.

Acquired by Coinbase for about $2.9 billion in August, the platform continues to attract crypto-native traders drawn to its flexibility and offshore operating model.

For years, Deribit was synonymous with leverage-driven crypto derivatives trading, shaping market dynamics through its dominance.

While IBIT’s rise underscores Wall Street’s growing footprint, Deribit’s continued popularity reflects the enduring demand for less-regulated environments and experimental financial products.

The shift in leadership highlights a fundamental transformation: Bitcoin derivatives are moving closer to the regulated core of the US financial system.

This evolution could reshape how both institutions and retail investors approach the asset class, balancing the appeal of stability and oversight against the appetite for risk and innovation.

As Bitcoin’s role in mainstream finance continues to evolve, the split between regulated and offshore markets may define the next phase of growth in digital assets.

The post IBIT surpasses Deribit as largest Bitcoin options venue appeared first on CoinJournal.

IBIT surpasses Deribit as largest Bitcoin options venue

Source: https://coinjournal.net/news/ibit-surpasses-deribit-as-largest-bitcoin-options-venue/

New court documents have revealed how a data breach at Coinbase, which came to light in May 2025, originated from inside an outsourced customer service firm.

The breach, traced back to TaskUs employees, exposed highly sensitive user data, including Social Security numbers and bank details.

Hackers later used this information to impersonate Coinbase staff and trick users into transferring cryptocurrency into fraudulent wallets.

By Coinbase’s estimates, the total losses reached $400 million.

The revelations highlight how insider threats at third-party providers continue to undermine security in the digital asset industry.

TaskUs employee identified in data theft conspiracy

The amended class action complaint, filed in the US District Court for the Southern District of New York, shows that the breach stemmed from TaskUs, a business process outsourcing company Coinbase used for customer support.

According to the filings, criminal groups began contacting TaskUs employees in 2024, offering payments in exchange for highly sensitive user records.

From September 2024, TaskUs employee Ashita Mishra allegedly started photographing confidential Coinbase customer files and selling them to external hackers for about $200 per image.

Court filings revealed Mishra’s phone stored data on more than 10,000 customers when TaskUs discovered the breach in January 2025. Some days showed up to 200 photographs taken.

The documents describe the plot as wider than one individual.

Multiple TaskUs employees reportedly collaborated in smaller groups, forwarding stolen records to organised criminals.

The breach was uncovered in early January 2025, yet neither TaskUs nor Coinbase disclosed the incident until May 2025.

Coinbase breach scale and ransom demands

When the breach became public in May 2025, Coinbase reported that attackers had bribed support agents to gain access to sensitive records. Reports at the time noted that the attackers demanded a $20 million ransom.

Coinbase declined to pay and instead announced a $20 million bounty for information leading to the identification and prosecution of those involved.

Meanwhile, fraudsters used the compromised details to impersonate Coinbase representatives.

Victims were tricked into transferring assets into wallets controlled by criminals.

According to the lawsuit, several customers lost their life savings and retirement funds. The complaint notes that the stolen funds reached as much as $400 million.

The breach also had market repercussions. Coinbase stock declined following the disclosure, leading to further investor lawsuits citing financial losses.

Insider networks and mass layoffs

The lawsuit revealed that TaskUs fired about 300 employees at its India-based centres after identifying the conspiracy.

Investigations suggested that Mishra and an accomplice had established smaller groups within TaskUs to gather and distribute stolen Coinbase user records.

Despite becoming aware of the breach in January 2025, Coinbase and TaskUs did not notify customers immediately.

Both firms disclosed in their Form 10-K filings that they were not aware of any material data breaches, even though the breach had already been identified internally.

During the months of silence, customers continued to be targeted by phishing campaigns and impersonation schemes, escalating the impact of the breach.

Coinbase response and tightening of security

Coinbase has since confirmed that it severed ties with the implicated TaskUs staff and has introduced stricter insider controls.

According to filings and subsequent company statements, Coinbase notified affected users, regulators, and reimbursed impacted customers.

The exchange also moved to limit remote work practices for external support staff, aiming to reduce risks of insider threats and infiltration.

The company referenced concerns about foreign operatives, including North Korean actors, attempting to exploit vulnerabilities through social engineering and bribery.

The case highlights the vulnerabilities of third-party outsourcing in crypto security.

Even as exchanges deploy advanced technical defences, insider risks at service providers remain a critical threat vector.

The ongoing lawsuit will determine accountability between Coinbase, TaskUs, and the networks of employees who enabled one of the most damaging insider breaches in the sector.

The post Coinbase insider breach linked to $400 million crypto theft, court files reveal appeared first on CoinJournal.

Coinbase insider breach linked to $400 million crypto theft, court files reveal

Source: https://coinjournal.net/news/coinbase-insider-breach-linked-to-400-million-crypto-theft-court-files-reveal/

Avantis (AVNT), a fast-rising token on the Base network, has taken the cryptocurrency market by storm after soaring nearly 80% in a single day.

The price jumped to $1.54, setting a new all-time high and extending its remarkable rally that has seen the token surge more than 200% in just a week.

The sharp increase comes on the back of multiple major exchange listings, which have propelled the token into the spotlight and drawn significant global attention.

Listings drive strong demand

Avantis’ bullish momentum began when Coinbase, Bybit, and several other global exchanges added support for AVNT.

Hours later, South Korea’s largest trading platforms, Upbit and Bithumb, followed suit, sending demand into overdrive.

The announcement of AVNT’s listing on Upbit and Bithumb proved to be the most powerful catalyst for its latest rally.

Upbit, which dominates South Korea’s crypto trading scene, confirmed that it would support AVNT against the Korean won, Bitcoin, and Tether.

Deposits and withdrawals are only supported through the Base network, ensuring a streamlined but secure process for traders.

Bithumb mirrored the move by listing the token in a KRW trading pair, with both platforms going live at 13:30 KST on September 15.

Binance also joined the action, rolling out spot trading for AVNT against USDT, USDC, and the Turkish lira.

The exchange added the token to its Alpha platform before transitioning it to the main spot market, applying a seed tag to mark its early stage.

Binance further expanded support by enabling AVNT purchases through its “One-Click Buy” service, instant swaps with zero fees, and margin trading options that allow traders to borrow AVNT or use it as collateral.

These listings significantly boosted liquidity and improved access for retail and institutional investors alike.

Within hours of the recordings, the Avantis cryptocurrency has recorded massive spikes in trading activity and market capitalisation, cementing its position as one of the hottest new listings in 2025.

Rapid growth in Avantis trading activity

The flood of new listings coincided with a sharp increase in trading activity.

AVNT’s daily volume surged more than 37% to hit $1.469 billion, with Coinbase leading the charge in global market share.

The surge in demand also spilt over into the derivatives market, where open interest in AVNT futures has soared past $192 million for the first time.

Binance, Bybit, and KuCoin all recorded futures growth of nearly 100% or more, showing a strong appetite for leveraged exposure.

Such activity highlights the growing confidence in Avantis as more traders position themselves ahead of further potential gains.

The expanded liquidity across exchanges has also reduced barriers to entry, making it easier for investors worldwide to access the token.

This combination of spot and futures momentum has reinforced the perception of AVNT as one of the year’s breakout digital assets.

Avantis price outlook

The rapid climb of AVNT underscores how quickly sentiment can change in the cryptocurrency space when strong fundamentals meet the right catalysts.

From an all-time low of $0.1878 on September 9 to a record $1.54 less than a week later, the token has demonstrated remarkable volatility and potential.

With a market capitalisation of $349 million and a fully diluted valuation exceeding $1.4 billion, Avantis has already cemented its place among the year’s most talked-about launches.

However, the challenge now is sustaining momentum beyond the initial wave of listings.

As Binance warned in its announcement, newly listed tokens often display extreme volatility, and risk management will be crucial for traders navigating the market.

If the bullish momentum is maintained, then the Avantis (AVNT) price could easily rise above $2 by the end of this week.

But on the flip side, if profit-taking kicks in, the token could drop to its low of $0.1878 as quickly as it climbed high.

The post Avantis (AVNT) price jumps 79%, sets new ATH, following multiple exchange listings appeared first on CoinJournal.

Avantis (AVNT) price jumps 79%, sets new ATH, following multiple exchange listings

Source: https://coinjournal.net/news/avantis-avnt-price-jumps-79-sets-new-ath-following-multiple-exchange-listings/

Avantis (AVNT), a fast-rising token on the Base network, has taken the cryptocurrency market by storm after soaring nearly 80% in a single day.

The price jumped to $1.54, setting a new all-time high and extending its remarkable rally that has seen the token surge more than 200% in just a week.

The sharp increase comes on the back of multiple major exchange listings, which have propelled the token into the spotlight and drawn significant global attention.

Listings drive strong demand

Avantis’ bullish momentum began when Coinbase, Bybit, and several other global exchanges added support for AVNT.

Hours later, South Korea’s largest trading platforms, Upbit and Bithumb, followed suit, sending demand into overdrive.

The announcement of AVNT’s listing on Upbit and Bithumb proved to be the most powerful catalyst for its latest rally.

Upbit, which dominates South Korea’s crypto trading scene, confirmed that it would support AVNT against the Korean won, Bitcoin, and Tether.

Deposits and withdrawals are only supported through the Base network, ensuring a streamlined but secure process for traders.

Bithumb mirrored the move by listing the token in a KRW trading pair, with both platforms going live at 13:30 KST on September 15.

Binance also joined the action, rolling out spot trading for AVNT against USDT, USDC, and the Turkish lira.

The exchange added the token to its Alpha platform before transitioning it to the main spot market, applying a seed tag to mark its early stage.

Binance further expanded support by enabling AVNT purchases through its “One-Click Buy” service, instant swaps with zero fees, and margin trading options that allow traders to borrow AVNT or use it as collateral.

These listings significantly boosted liquidity and improved access for retail and institutional investors alike.

Within hours of the recordings, the Avantis cryptocurrency has recorded massive spikes in trading activity and market capitalisation, cementing its position as one of the hottest new listings in 2025.

Rapid growth in Avantis trading activity

The flood of new listings coincided with a sharp increase in trading activity.

AVNT’s daily volume surged more than 37% to hit $1.469 billion, with Coinbase leading the charge in global market share.

The surge in demand also spilt over into the derivatives market, where open interest in AVNT futures has soared past $192 million for the first time.

Binance, Bybit, and KuCoin all recorded futures growth of nearly 100% or more, showing a strong appetite for leveraged exposure.

Such activity highlights the growing confidence in Avantis as more traders position themselves ahead of further potential gains.

The expanded liquidity across exchanges has also reduced barriers to entry, making it easier for investors worldwide to access the token.

This combination of spot and futures momentum has reinforced the perception of AVNT as one of the year’s breakout digital assets.

Avantis price outlook

The rapid climb of AVNT underscores how quickly sentiment can change in the cryptocurrency space when strong fundamentals meet the right catalysts.

From an all-time low of $0.1878 on September 9 to a record $1.54 less than a week later, the token has demonstrated remarkable volatility and potential.

With a market capitalisation of $349 million and a fully diluted valuation exceeding $1.4 billion, Avantis has already cemented its place among the year’s most talked-about launches.

However, the challenge now is sustaining momentum beyond the initial wave of listings.

As Binance warned in its announcement, newly listed tokens often display extreme volatility, and risk management will be crucial for traders navigating the market.

If the bullish momentum is maintained, then the Avantis (AVNT) price could easily rise above $2 by the end of this week.

But on the flip side, if profit-taking kicks in, the token could drop to its low of $0.1878 as quickly as it climbed high.

The post Avantis (AVNT) price jumps 79% sets new ATH following multiple exchange listings appeared first on CoinJournal.

Avantis (AVNT) price jumps 79% sets new ATH following multiple exchange listings

Source: https://coinjournal.net/news/avantis-avnt-price-jumps-79-sets-new-ath-following-multiple-exchange-listings/

A public petition urging the United Kingdom to adopt a pro-innovation strategy for blockchain and stablecoins has gathered momentum after crypto exchange Coinbase rallied its users to support the initiative.

The petition, which has been live on the UK government’s website since July, calls for a comprehensive framework covering stablecoin regulation, blockchain adoption, and the appointment of a blockchain “czar.”

While it initially gained little attention, interest accelerated this week after Coinbase issued in-app messages encouraging users to sign.

Screenshots shared on social media showed notifications from the exchange urging customers to “help UK lead stablecoin innovation now.”

At the time of writing, the petition had surpassed 5,000 signatures.

Once it reaches 10,000 signatures, the government is required to issue a formal response.

If the total climbs to 100,000 signatures, the proposal will be considered for parliamentary debate.

The petition remains open until March 3, 2026.

Calls for regulatory clarity and innovation

The proposal outlines three specific demands: establishing a framework for stablecoins and tokenization, promoting blockchain adoption across government functions, and designating a senior official dedicated to overseeing crypto policy.

Supporters of the petition argue that stablecoins form the foundation of a tokenized economy and that regulatory clarity is essential for the UK to remain competitive.

The petition highlights that the United States has ruled out a central bank digital currency (CBDC) in favor of stablecoins, suggesting that the UK risks falling behind without a clear strategy.

“This is a question of national interest to preserve the competitiveness of the City and sterling’s global standing,” the petition states.

Advocates warn that without timely action, the UK may lose its edge to other jurisdictions pursuing more aggressive digital asset strategies.

Coinbase’s role in shaping UK crypto policy

Coinbase has been vocal in its campaign for clearer digital asset regulation in the UK.

In recent months, the exchange has stepped up efforts to influence public debate and policymaking.

On July 31, Coinbase released a satirical video titled “Everything is Fine.”

The video contrasted upbeat lyrics celebrating Britain’s financial system with visuals of inflation, poverty, and economic challenges, a pointed critique of the status quo.

Just days later, on August 5, former UK Chancellor and current Coinbase adviser George Osborne published an opinion piece in the Financial Times.

In the article, Osborne warned that the UK is falling behind in the global digital asset race and singled out stablecoins as an area where the country has ceded ground.

Coinbase’s support for the petition reflects its broader strategy of pressing for regulatory clarity and fostering a more favorable operating environment for digital assets in the UK.

With the petition already halfway to the government’s response threshold, the initiative underscores growing pressure on policymakers to provide direction on stablecoins and blockchain innovation.

The post Coinbase-backed petition pushes UK on blockchain and stablecoin policy appeared first on CoinJournal.

Coinbase-backed petition pushes UK on blockchain and stablecoin policy

Source: https://coinjournal.net/news/coinbase-backed-petition-pushes-uk-on-blockchain-and-stablecoin-policy/