Coinbase stock slips as Senate crypto bill vote is delayed; Galaxy joins new Prime staking trade
Coinbase shares fell 1.5% to $219.70 Friday afternoon, even as bitcoin rose 1.3% to $90,720. The company launched accelerated staked-ether transfers for institutions on Coinbase Prime, with Galaxy as the first market maker. A Senate delay on the Clarity Act kept stablecoin yields in focus for U.S. crypto firms.