The company missed consensus revenue expectations, analysts said.

Completion of the acquisition is subject to regulatory approval in Spain.

The U.S. presidential election is an important short-term catalyst for Coinbase and the wider industry, and could lead to more regulatory clarity, analysts said.

Strong net flows into bitcoin exchange-traded funds indicate robust institutional demand as BTC dominance rises at the expense of ether, one trader noted.

BlackRock CEO Larry Fink appearing on CNBC means more to QCP's founder and chief investment officer rather than presidential candidates promoting crypto

“The crypto voter is already a force to be reckoned with, but it will continue to grow,” CEO Brian Armstrong said.

MyTrade was among more than a dozen targets of U.S. authorities in cases earlier this month focusing on crypto market manipulation, including alleged wash trading.

The outside group of Wall Street leaders that guides the Treasury's debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.

Singh, who was sentenced to time served, is the fourth FTX executive to be sentenced for his role in the fraud.

The exchange said it seen some growth across staking, on-platform USDC, and custody business, despite weaker market.