Dogecoin And Shiba Inu Make Coinbase’s List In Latest Product Launch

Coinbase has appointed former UK Chancellor George Osborne to chair its advisory council, a move that follows his advisory role with the company since 2024. Osborne has been vocal about the UK government's insufficient digital asset regulations, highlighting the need for a more robust framework in the cryptocurrency sector.

A Shiba Inu wallet, holding 16.4% of the total supply, has reactivated after years of dormancy by transferring approximately 469 billion SHIB (around $3.64 million) to the OKX exchange, signaling a significant market movement. This action has drawn attention from on-chain analysts, indicating a potential shift in investor behavior.

Dogecoin (DOGE) is nearing a critical price zone as investor interest wanes, ETF inflows stagnate, and selling pressure increases. The cryptocurrency is trading close to levels where many holders acquired their tokens, raising concerns about potential downside risks if market confidence continues to decline.

Coinbase is entering a new phase by integrating stocks and prediction markets into its platform, aiming to become the leading financial services app globally. This strategic move is set to be unveiled during a livestream event on December 17, 2025, showcasing its collaboration with Kalshi and other operators in the prediction market sector.

Coinbase shares have experienced a rise following positive analyst feedback regarding the company's ambitious expansion plans, which aim to broaden its reach across both new and traditional assets. This development marks a significant milestone for the cryptocurrency exchange as it adapts to evolving market demands.

Bitcoin and Ethereum prices have declined significantly, attributed to a wave of fear in the cryptocurrency market following BlackRock's transfer of 2,257 BTC and 74,973 ETH to Coinbase. This move raised concerns about potential sell-offs by the world's largest asset manager, coinciding with ETF outflows on December 16.

Coinbase has expanded its operations in Poland by integrating Blik mobile payments through a partnership with PPro, aiming to facilitate faster and easier cryptocurrency transactions amidst ongoing regulatory challenges in the region.

Dogecoin has formed a bullish reversal pattern over the past two months, with a potential breakout that could lead to gains of nearly 65%. Recent data indicates that whale activity has decreased significantly, contributing to a more favorable trading environment for the cryptocurrency.