TradeDesk

News 2026 May 8, 00:00 (12 hours ago )

6h Crypto Recap: Bitcoin, Solana, XRP, Coinbase, Binance — Heat rises

The US Treasury reiterated that a monitoring program tied to #Binance remains in place as part of ongoing compliance oversight. The reminder put exchange controls and reporting back in the spotlight ⚖️.

#Coinbase reported a quarterly loss of $394 million while highlighting that subscriptions and services are becoming a larger part of its business. The update emphasized a shift away from reliance on pure trading activity.

#USDC-related revenue was highlighted as a meaningful contributor within #Coinbase’s non-trading lines. The focus underscored how stablecoin-linked income can matter when spot volumes cool.