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Coinbase Super App Bid, Saylor $1B Buy, and More — Week in Review

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3 months ago
AI summarizes in 5 seconds.

Coinbase expanded into stocks, prediction markets, futures and tokenization as it vies to be the top financial‑services app, Saylor purchased nearly $1 billion of bitcoin only for the price to drop about 4%, Circle agreed to acquire Interop Labs prompting concern among Axelar holders, more than 125 groups urged Congress to protect stablecoin rewards amid tightening GENIUS Act interpretation, and Ripple’s RLUSD climbed into the top five USD stablecoins after rapid market‑cap growth.

Coinbase Enters New Era as Stocks and Prediction Markets Power Its Bid for the World’s #1 Financial Services App

Coinbase Enters New Era as Stocks and Prediction Markets Power Its Bid for the World’s #1 Financial Services App

Coinbase enters a new era as it rolls out stock trading and prediction markets alongside futures, tokenization… read more.

Editor’s comment: Coinbase is in the running with Robinhood, Etoro, and others to become the dominant super app.

Saylor Buys Nearly $1B Worth of Bitcoin, Then It Plunges 4%

Saylor Buys Nearly $1B Worth of Bitcoin, Then It Plunges 4%

Many expected Strategy’s mega purchase to put the wind back in bitcoin’s sails; instead, the asset tumbled to… read more.

Editor’s comment: We are in an environment where good news doesn’t matter.

Circle’s Acquisition of Interop Labs Raises Concerns for Axelar Holders

Circle to Acquire Interop Labs in 'Screw up' Deal for Axelar Holders

Circle, the prominent issuer of USDC stablecoin, announced its arrangement to acquire Interop Labs, the… read more.

Editor’s comment: I agree with those that feel that this is a nothing burger. It’s common in VC land, but retail is a lot more vocal about losses.

Crypto Industry Moves to Defend Stablecoin Rewards as GENIUS Act Interpretation Tightens

Crypto Industry Moves to Defend Stablecoin Rewards as GENIUS Act Interpretation Tightens

More than 125 organizations and companies are pressing Congress to preserve stablecoin rewards, warning that… read more.

Editor’s comment: This is a battle between the upstart crypto companies and the entrenched tradfi incumbents.

Ripple Celebrates RLUSD Ascent: ‘We’ve Gone From 0 to Top 5 USD Stablecoin in Record Time’

Ripple Celebrates RLUSD Ascent: 'We’ve Gone From 0 to Top 5 USD Stablecoin in Record Time'

Ripple’s RLUSD stormed into the top tier of U.S. dollar stablecoins in just one year, posting explosive market cap growth… read more.

Editor’s comment: Yet another reason to think that Ripple has had a wonderful 2026.

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