
August 21st, 2025
Powell revealed that Kraken now has eyes set on a more traditional initial public offering (IPO) describing the firm’s stance on the plan as ‘very serious’ as they look to avoid any potential issue should they go public via a direct listing.
ForUsAll administers 401(k) plans for 400 clients and it is not clear how many of these have signed up for the current crypto offerings with Coinbase.
By the current moment, it hasn’t been revealed what crypto assets Interactive Brokers will make available for trading.
The report did not give a formal price target for Coinbase stock but suggested a fair value of $95 per share, down over 50% of its current price.
Trading of GTC-USD, MLN-USD, and AMP-USD will begin once Coinbase Pro will acquire a sufficient supply of GTC, MLN and AMP.
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Bitcoin price is now down approximately 31%, 9.6%, and 5.4% in the past 30 days, two weeks, and seven days respectively.
The Kraken mobile app launch is expected to push crypto towards further consumer adoption.
Besides Dogecoin, other recently listed assets supported and listed for trading on Coinbase include Internet Computer (ICP), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), and others.
The integration of Coinbase Card with Apple Pay and Google Pay will use tokenization to maintain the security of sensitive card information and allow safe purchases.
Having secured licenses in the US and Singapore, Tiger Brokers and Futu seek to compete with some of the established market players like eToro and Robinhood.
Kraken’s business is highly correlated with the performance of the broader market as the firm moves forward with its plans.
Coinbase has also been a recent victim of this fake news syndrome. The company saw an avalanche of information being spread about its “investor and executive stock sales.”
Coinbase Prime brokerage services will offer custodial, data, trading, analytics, and other solutions to its clients. This service will provide access to 12 different regulated exchanges.
Coinbase stock is relatively dependent on the cryptocurrency industry which can explain its volatility.