Coinbase

‹ BackNewsCoinbase

Bitcoin

2026-10-03 08:02:28

Bitcoin Trades Near $84,576 as Binance Perpetual Order Book Shows Heavier Sell-Side Depth

Bitcoin was quoted at about $84,576, according to monitoring data from order-book intelligence platform Liquid24/7.xyz. The latest near-touch depth snapshot showed mixed conditions across major venues. On Binance spot, BTC buy-side depth stood at roughly $13.9517 million versus sell-side depth of about $9.8961 million, leaving bids ahead by around $4.0556 million. On Binance perpetuals, the picture flipped, with buy depth at about $32.6548 million and sell depth at roughly $42.5346 million, putting the sell side ahead by around $9.8798 million. Coinbase spot also showed stronger bids, while OKX perpetuals posted a smaller buy-side advantage. Hyperliquid perpetuals, by contrast, showed thinner buy-side depth and a sell-side lead. Liquid24/7.xyz’s snapshot suggests Binance perpetuals currently have a noticeably heavier sell wall relative to bids, while Hyperliquid has the thinnest nearby buy support among the venues cited. That means larger market orders on Hyperliquid could face greater slippage if they hit the book.

Ethereum

2026-10-03 06:01:55

ETH trades near $2,676.65 as Binance perpetuals show the deepest bid stack

Ether was quoted at about $2,676.65, according to order book data tracked by Liquid24/7.xyz and cited by ChainCatcher. Among the venues listed, Binance’s perpetual market showed the strongest nearby bid support, with roughly $64.7688 million in buy orders against about $49.385 million in sell orders, leaving bids ahead by around $15.3838 million. Binance spot also showed a buy-side lead of about $1.6602 million, while Coinbase spot posted a wider bid surplus of roughly $3.9511 million. OKX perpetuals recorded buys of about $24.4708 million and sells of about $21.4952 million, for a net bid advantage of around $2.9756 million. Hyperliquid stood out on the other side: its perpetual market had about $9.4229 million in bids and about $10.1917 million in asks, leaving sell orders ahead by around $768,900. The platform snapshot suggests Binance perpetuals had the most visible bid depth across the venues monitored, while Hyperliquid’s buy-side depth was thinner, which could translate into larger slippage there if a large market order hits the book.

Coinbase

2026-10-03 04:01:25

Coinbase spot BTC shows a $5.51 million sell wall at $85,030

Order-book data tracked by Liquid24/7.xyz showed a notable sell wall in Coinbase spot BTC at $85,030, where roughly 64.84 BTC was offered for sale with a notional value of about $5.51 million. The order sat about 0.40% above the then mid-price of $84,689. The same snapshot showed stronger bids than asks in the nearby book. Buy-side liquidity totaled about $28.4773 million, compared with roughly $20.4294 million on the sell side. That left net bid liquidity ahead by around $8.0479 million, equal to 16.46% of total depth. According to the monitored data, the $85,030 level has formed a clear area of resistance in Coinbase spot BTC. Liquid24/7.xyz said that if large buy orders appear, they may put some pressure on the current price.

Bitwise

2026-10-03 03:57:27

Bitwise says stalled CLARITY Act leaves room for four crypto business lines

Bitwise Asset Management Chief Investment Officer Matt Hougan said four parts of the crypto market stand to benefit after the U.S. Senate did not move forward with the CLARITY Act on Sept. 15. In his view, stablecoin platforms still have room to offer balance rewards to customers, while exchanges such as Coinbase keep the advantage of operating under existing state-level licenses and combining trading with brokerage services. Hougan also pointed to a Sept. 17 move by the U.S. Securities and Exchange Commission, which issued a five-year exemption for tokenized stock trading. Eligible platforms can test permissioned automated market makers and liquidity pools under that framework. He additionally named Securitize, which services tokenized funds for BlackRock, Apollo, and KKR, as a beneficiary. Separately, SEC staff updated token buyback guidance on Sept. 28, saying that for networks that are already functional and lack a centralized party, a buyback announcement does not amount to a promise on which purchasers would rely for an expectation of profit. The staff guidance does not carry legal force.

Coinbase

2026-10-03 02:41:13

Coinbase says chief accounting officer Jennifer Jones plans to retire

Coinbase disclosed in an 8-K filing with the U.S. Securities and Exchange Commission that Chief Accounting Officer Jennifer Jones notified the company on Sept. 29 of her decision to retire. The filing was submitted on Oct. 2. According to the disclosure, Jones will remain in her role until a successor takes over, and Coinbase has already begun the search process for her replacement. The company also stated in the filing that her retirement decision was not the result of any disagreement with Coinbase on its operations, policies, or practices. The update was cited by ChainCatcher based on the SEC document. No additional details about the transition timeline or the successor search were disclosed in the brief filing summary provided.

Policy Regula

2026-10-03 01:25:57

U.S. federal court preliminarily finds Kalshi sports event contracts may qualify as swaps

A federal judge in the Northern District of Illinois has partially granted a motion for a preliminary injunction filed by Coinbase, Kalshi, the U.S. government, and the Commodity Futures Trading Commission, temporarily blocking Illinois from imposing sports betting licensing requirements and related criminal penalties on the Kalshi sports event contracts at issue. According to crypto lawyer Ariel Givner, Judge Martha Pacold said the contracts are likely to fall under the definition of swaps in the Commodity Exchange Act. On that basis, the court indicated that the relevant Illinois state-law provisions are likely preempted by federal law. The ruling is preliminary and applies to the contracts involved in the case.

ETH

2026-10-03 00:59:45

Whale Sends 6,595.2 ETH to Coinbase After About a Year, With Estimated Loss of $2.443 Million

On-chain analyst Ai Yi said a whale address deposited 6,595.2 ETH to Coinbase about three hours ago, with the transfer valued at roughly $17.57 million. Of that amount, 6,500 ETH had been withdrawn from exchanges between June and August 2025 at an average price of $3,040.4. During the holding period, the position at one point showed an unrealized loss of more than $9.557 million. After holding ETH for about a year, the whale now appears to have exited at a loss. The estimated realized loss stands at $2.443 million, with the asset value down 12.3%, according to the monitoring cited by Odaily.

Policy and Re

2026-10-02 21:23:20

U.S. community bank group sues OCC over crypto trust charters

The Independent Community Bankers of America has sued the Office of the Comptroller of the Currency, arguing that the agency exceeded its legal authority by granting national trust bank charters to crypto firms. Filed in federal court on Friday, the complaint says the OCC is asserting powers not authorized by the National Bank Act and is allowing digital asset trust banks into the U.S. banking system without holding them to the same standards that apply to community banks. ICBA said those firms do not face equivalent obligations on capital, liquidity, supervision, or Federal Deposit Insurance Corp. coverage, creating what it described as a severe competitive disadvantage for smaller banks. ICBA President and CEO Rebeca Romero Rainey said Congress did not create the national trust charter as a "side door" for crypto firms seeking the credibility of a federal bank charter. The dispute lands as more crypto companies seek trust or bank charters from the OCC. Names mentioned in the report include Protego, Erebor, Coinbase, Circle, Crypto.com and World Liberty Financial. Last month, the OCC also granted a full national bank charter to OpenReserve Bank, which is backed by investors including Andreessen Horowitz, Jump Capital and Coinbase Ventures.