Today: 3 July 2026
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NASDAQ:COIN 26 March 2026 - 6 May 2026

Coinbase Layoffs Hit 700 Jobs as AI Rebuild Intensifies Tech Worker Anxiety

Coinbase Layoffs Hit 700 Jobs as AI Rebuild Intensifies Tech Worker Anxiety

Coinbase Global plans to slash roughly 700 positions—about 14% of its worldwide staff—and pivot the business toward artificial intelligence, pushing forward one of the most visible tie-ins between layoffs and AI from a major U.S. tech-finance name. According to a regulatory filing, the restructuring is expected to wrap up in the second quarter, with projected costs of $50 million to $60 million, primarily for severance packages and termination payouts. This time, Coinbase isn’t chalking up the cuts to the usual crypto slump. CEO Brian Armstrong told staff that the company faces both sluggish crypto-market conditions and the rise of AI tools capable of boosting productivity for leaner teams. These AI agents—basically software bots—can handle things like code writing and testing, though humans still oversee the process.
XRP Price Today: Why the $1.40 Line Is Back in Focus for Traders

XRP Price Today: Why the $1.40 Line Is Back in Focus for Traders

Early Wednesday, XRP hovered near $1.43, up roughly 1.8% for the day and sticking above $1.40 after a burst of heavy selling earlier this week. Market capitalization was pegged at close to $88.5 billion by CoinGecko, which also showed 24-hour volume around $2.18 billion. This shift takes on new weight, with XRP caught at the intersection of price action, ETF interest, and U.S. regulatory noise—all converging on one trade. After days hovering between $1.38 and $1.41, the token is back in focus as a gauge for whether appetite for regulated crypto could extend past bitcoin and ether.
Coinbase Layoffs: Brian Armstrong Cuts 700 Jobs As AI Reshapes Crypto Exchange

Coinbase Layoffs: Brian Armstrong Cuts 700 Jobs As AI Reshapes Crypto Exchange

Coinbase Global plans to eliminate around 700 positions—about 14% of its global staff—as part of a restructuring aimed at slashing costs and shifting the crypto exchange toward an AI-centric model. According to a regulatory filing, the layoffs are calculated using workforce figures from May 1, with most of the cuts expected to wrap up during the second quarter. The timing is tough. Coinbase remains tied to the ups and downs of crypto trading, and CEO Brian Armstrong acknowledged the firm sits in a down market—despite seeing some lift in newer segments like stablecoins, prediction markets, and tokenized assets.
Why Circle Stock Is Jumping Today as Stablecoin Deal Revives U.S. Crypto Bill

Why Circle Stock Is Jumping Today as Stablecoin Deal Revives U.S. Crypto Bill

Circle Internet Group shares surged roughly 10% out of the gate in New York on Monday, following word from Coinbase that lawmakers struck a deal on a crucial stablecoin measure in a U.S. crypto bill long stalled in the Senate. Coinbase stock advanced close to 5%. This is a big deal for Circle. The company’s flagship, USDC, is right in the thick of it—USDC is a stablecoin, pegged to the dollar at $1. Traders’ appetite for USDC feeds directly into the reserves that Circle relies on for income.
Coinbase Stock Rises as Stablecoin Yield Deal Puts Crypto Bill Back in Play

Coinbase Stock Rises as Stablecoin Yield Deal Puts Crypto Bill Back in Play

Coinbase stock climbed in U.S. premarket action Monday after the crypto exchange announced a breakthrough on stablecoin rewards—an issue that had blocked the CLARITY Act in the Senate. The new agreement limits bank-style yields on stablecoins but still allows certain rewards linked to genuine platform activity. Timing is key here—the bill has snapped back onto a May schedule after drifting for months. The CLARITY Act, officially known as the Digital Asset Market Clarity Act of 2025, cleared the House in July and now waits in the Senate Banking Committee. If it advances, the bill would set up a federal rulebook for digital commodities, dividing oversight between the Commodity Futures Trading Commission and, in certain cases, the Securities and Exchange Commission.
Ripple’s RLUSD Gets a Bigger Opening as U.S. Stablecoin Rules Shift Toward Regulated Dollars

Ripple’s RLUSD Gets a Bigger Opening as U.S. Stablecoin Rules Shift Toward Regulated Dollars

With the U.S. Senate hashing out a stablecoin rewards compromise, the push for regulated dollar tokens is gaining steam. Ripple’s RLUSD rollout on OKX suddenly looks more crucial, as lawmakers attempt to break the crypto legislation logjam. Coinbase on Friday confirmed a breakthrough on a sticking point that had blocked the bill’s progress in the Senate. The timing is key as stablecoins—digital tokens pegged to a fixed value, typically one dollar—are shifting beyond their original role as a trading tool and stepping into the regulated world of payments and collateral. The Treasury Department, under the GENIUS Act, has floated rules that would classify approved payment stablecoin issuers as financial institutions under the Bank Secrecy Act, mandating that they implement sanctions compliance programs.
Oil Prices Are High. The Bigger Shock May Still Be Ahead

Oil Prices Are High. The Bigger Shock May Still Be Ahead

Oil traders aren’t seeing the Iran war as a blip anymore. They’re factoring in a drawn-out conflict—one that could leave the Strait of Hormuz semi-blocked for a while and push crude well past today’s levels, despite Friday’s dip. Brent crude settled at $108.17 a barrel on Friday, slipping 2.02%. West Texas Intermediate, or WTI, the U.S. crude benchmark, ended at $101.94. Iran’s outreach to Washington—channeled through Pakistani mediators—sparked what Phil Flynn of Price Futures Group described as hope for an “off-ramp.” Even with the late drop, both contracts closed out the week higher, and Brent had earlier surged to $126.41, marking the highest level since March 2022.
Bitcoin’s $84 Billion Satoshi Mystery Is Back — And Adam Back Says the Clues Don’t Add Up

Bitcoin’s $84 Billion Satoshi Mystery Is Back — And Adam Back Says the Clues Don’t Add Up

Fresh controversy over Satoshi Nakamoto’s true identity is rattling crypto traders, with cryptographer Adam Back disputing key evidence in a new documentary, while actor-director Ben McKenzie argues the unanswered question fuels the crypto narrative. The clock’s important here. Bitcoin was hovering around $76,214 Thursday; Ether sat near $2,256. Any sizable stash of early Bitcoin—enough to move markets—could easily rattle sentiment for a rally that’s already bumping against the $80,000 ceiling.
Robinhood’s Earnings Week Now Has a Prediction-Market Problem

Robinhood’s Earnings Week Now Has a Prediction-Market Problem

Robinhood Markets Inc. is staring down a new lawsuit from Wisconsin, just as it prepares to release first-quarter earnings. The state has targeted Robinhood and a group of rivals over contracts tied to sports events—a type of contract that allows traders to bet on real-world outcomes. The legal action drops a cloud of regulatory uncertainty over Robinhood right before its results hit. Timing is key here. Robinhood will release results after Tuesday's bell, with CEO Vlad Tenev and CFO Shiv Verma taking questions at 5 p.m. EDT. Shareholders have until Monday evening to send in their questions. The stock closed at $84.71 on Friday—a slide from Monday’s $91.28 finish, LSEG figures on the company show.
XRP Price Today: Why the $1.42 Level Matters as Bitcoin Fund Flows Return

XRP Price Today: Why the $1.42 Level Matters as Bitcoin Fund Flows Return

XRP stuck around $1.42 on the day, slipping about 1% over the last 24 hours, even as some other digital assets managed gains. Trading volumes tracked by CoinMarketCap hit $2.37 billion for the period. CoinGecko’s figures lined up: XRP sat close to $1.42, with the market cap holding near $87 billion. This is notable: XRP remains a large-cap crypto, not some illiquid outlier. CoinGecko’s data puts it near the top of the digital asset leaderboard by market value, with around 62 billion tokens in circulation. Small price shifts, then, may flag shifts in appetite for payment-focused crypto.
Bitcoin Price Today: BTC Jumps Back Above $75,000 as ETF Flows Return, Oil Eases

Bitcoin Price Today: BTC Jumps Back Above $75,000 as ETF Flows Return, Oil Eases

Bitcoin surged past $75,000 on Tuesday, reaching its highest level in a month as falling oil prices and a renewed appetite for risk buoyed the largest cryptocurrency. By 10:02 a.m. ET, the token was up roughly 4.3% at $75,445, erasing losses from the weekend. This shift is significant: for weeks, bitcoin barely budged. Should it climb past $75,000 and hold, the token would be looking at its highest mark in roughly a month—analysts say that might hint at a more lasting breakout instead of just another fleeting rally.
XRP Price Today: Why Ripple’s Token Slipped Despite Big Fund Inflows and a New U.S. Crypto Push

XRP Price Today: Why Ripple’s Token Slipped Despite Big Fund Inflows and a New U.S. Crypto Push

XRP edged down toward $1.35 on Thursday, shedding some of Wednesday’s gains as doubts around a U.S.-Iran ceasefire dampened demand for riskier bets. According to CoinDesk, the token fell from roughly $1.37 to $1.33, with sellers taking advantage of bounces to unload. Price trackers from CoinDesk, CoinMarketCap, and Coinbase later reflected XRP hovering in the mid-$1.30s. XRP is still pulling in institutional cash, despite how markets swing on every geopolitical twist. According to CoinShares, funds tied to XRP—those exchange-traded products traded on regular stock exchanges—attracted $119.6 million last week. That's the largest weekly inflow for XRP since mid-December 2025, topping every other asset in their data.
9 April 2026
Bitcoin Price Nears $70,000 as Iran Ceasefire Talks Spark Risk Rally

Bitcoin Price Nears $70,000 as Iran Ceasefire Talks Spark Risk Rally

Bitcoin added roughly 3.3% Monday, breaking past $70,000 for a short stretch as traders responded to renewed ceasefire discussions involving the United States and Iran. The cryptocurrency was last trading near $69,528, having earlier climbed to an intraday peak of $70,240. This is significant: bitcoin’s action this year has looked more like a high-volatility punt than any safe haven play. Despite Monday’s rebound, the price is still far from that October high north of $125,000, and it’s only been two months since bitcoin sank to around $60,000 as the broader market sold off.
XRP Price Slides Toward $1.30 as Risk-Off Selloff Overshadows Ripple Treasury Launch

XRP Price Slides Toward $1.30 as Risk-Off Selloff Overshadows Ripple Treasury Launch

New York, April 2, 2026, 2:14 PM XRP slid roughly 4% to trade near $1.30 on Thursday, losing ground after a brief bounce in the prior session. The drop tracked a broader crypto selloff sparked by renewed Iran-war concerns, which overshadowed fresh business moves from Ripple. Prices from CoinMarketCap, Kraken, and Coinbase all put XRP close to $1.30, marking a 4% decline over the past 24 hours. Barron’s noted XRP gave back Wednesday’s gains as well.
2 April 2026
XRP Price Today: Why Fresh Inflows Still Can’t Stop the Slide Toward $1.30

XRP Price Today: Why Fresh Inflows Still Can’t Stop the Slide Toward $1.30

XRP was last seen holding around $1.31 on Tuesday, slipping roughly 2% over the past day and testing $1.30 after logging its third consecutive decline. The token’s latest drop came as crypto markets faced another wave of selling that outweighed new interest in XRP. XRP stands out as one of the rare pockets still attracting cash. CoinShares Head of Research James Butterfill, in a Monday report, labeled XRP a “bright spot at $15.8m” in weekly inflows—even as the broader crypto investment product universe recorded its first week of net outflows in five weeks. Bitcoin, ether, and solana products all saw redemptions.
Bitcoin Price Today: BTC Rebounds Toward $67,000 as Iran Talks Help, but ETF Outflows Cap Gains

Bitcoin Price Today: BTC Rebounds Toward $67,000 as Iran Talks Help, but ETF Outflows Cap Gains

Bitcoin hovered around $67,000 Monday, recovering some lost ground after dipping to nearly $65,000 over the weekend. The move followed comments from President Donald Trump, who said the U.S. was deep in talks to resolve the Iran conflict. By mid-afternoon in New York, Bitcoin was sitting at $66,767, marking a 0.7% gain for the day after hitting a session low of $65,033. The rebound didn’t amount to much. Bitcoin wraps up March still under its March 17 peak above $76,000, squeezed as oil’s rally and a sharp shift in rate expectations have investors slashing exposure to crypto and tech stocks. “Oversold markets will grasp for any potential positive catalyst,” said Art Hogan, chief market strategist at B Riley Wealth.
30 March 2026
Bitcoin Price Week Ahead: Why $66,000 Is in Focus After ETF Outflows and Ahead of U.S. Jobs Data

Bitcoin Price Week Ahead: Why $66,000 Is in Focus After ETF Outflows and Ahead of U.S. Jobs Data

Bitcoin hovered around $66,300 on Sunday, kicking off the week under pressure after U.S.-listed spot bitcoin ETFs saw two days of heavy outflows and a late slump pushed the token below $70,000. Traders are eyeing the next batch of U.S. economic data and news from the Middle East, both factors that continue to shape risk sentiment. This matters with March—and the first quarter—wrapping up Tuesday, and a packed calendar right behind. The ISM manufacturing survey drops April 1, then the March U.S. payrolls report arrives April 3. Reuters pointed out that U.S. stock markets won't be open for Good Friday when the jobs numbers hit, so while Wall Street is dark, bitcoin trading keeps running.
Circle’s CLARITY Act Selloff May Be Overdone as Stablecoin Draft Hits Coinbase Harder

Circle’s CLARITY Act Selloff May Be Overdone as Stablecoin Draft Hits Coinbase Harder

Some analysts argue Circle Internet Group’s drop tied to the CLARITY Act may be overdone. The latest Senate draft zeroes in on rewards for simply holding stablecoins, not the reserve yield that goes to issuers—a detail that slipped past parts of the market. Both Bernstein and Citigroup flagged the confusion: investors mixed up token platform rewards with yields distributed by the company itself. Stablecoins—crypto tokens tied to a fixed value, usually $1—are now squarely in the center of a persistent policy fight in Washington. Congress passed the GENIUS Act, shutting down the option for issuers to pay interest directly to holders. The unresolved question: Are exchanges and other intermediaries still allowed to offer yields similar to those at banks?
Bitcoin Price Today: BTC Slips Below $69,000 as Oil Surge Drags Coinbase, Strategy Stocks Lower

Bitcoin Price Today: BTC Slips Below $69,000 as Oil Surge Drags Coinbase, Strategy Stocks Lower

Bitcoin fell below $69,000 on Thursday and dragged crypto-linked stocks lower, as oil rebounded and fading hopes for a quick de-escalation in the Middle East conflict pushed traders out of risky bets. The world’s biggest cryptocurrency was last at $69,079, down about 2.7% on the day, while ether fell 4.6% to about $2,067. The move matters because it leaves bitcoin struggling to hold the $70,000 area it had reclaimed earlier this week and shows, again, how tightly crypto is trading with broader risk markets. Coinbase shares were down about 4.5% and Strategy fell about 3.5%, a spillover that suggests traders are still treating bitcoin as a proxy for risk appetite rather than a shelter from it.

Stock Market Today

  • Zhongchao (NASDAQ:ZCMD) jumps after hours as share count drops post-reverse split
    July 2, 2026, 8:05 PM EDT. Zhongchao Inc. (NASDAQ:ZCMD) shot up 199.10% to $3.32 in after-hours trade. The move followed a regular session close at $1.11, off 0.89% on July 2, 2026. The health information company put through several reverse splits this year, slashing its Class A share count from 25.75 million to about 1.15 million with a 1-for-3 split on June 29. Trading was heavy Thursday, with 21.86 million shares changing hands, almost 19 times the new float. Zhongchao also raised its authorized share capital to $10 billion on June 18, clearing the way for more stock if needed. The Nasdaq Composite closed down 0.80% at 25,832.67. The stock's sharp consolidation and fresh capital headroom could influence its path ahead.
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