Eightco’s INFINITY authentication pilot integrates Coinbase for secure digital asset workflows

BlackRock's recent deposit of 1,198 Bitcoin and 15,121 Ether into Coinbase highlights a growing institutional confidence in digital assets. This move is significant as it could pave the way for broader market adoption of cryptocurrencies, signaling to other investors that major financial players are taking the digital asset space seriously.

Coinbase is reportedly considering a $2 billion acquisition of BVNK, a move that could significantly enhance its stablecoin offerings. This potential buyout highlights Coinbase's commitment to expanding its influence in the cryptocurrency market, particularly in the stablecoin sector, which is gaining traction among investors and users alike. By integrating BVNK's technology and expertise, Coinbase aims to strengthen its position and provide more robust financial solutions, making this development crucial for the future of digital currencies.

The recent downturn in Bitcoin's price marks a significant shift, as it closed October with a loss for the first time in seven years. This change comes after a promising start to the month, which was abruptly halted by trade tariff threats from US President Donald Trump. Despite a temporary truce between the US and China, the cryptocurrency market continues to struggle, highlighting the ongoing volatility and uncertainty in this space. Understanding these dynamics is crucial for investors and enthusiasts alike, as they navigate the complexities of the market.

Coinbase is considering acquiring the startup BVNK for $2 billion as part of its strategy to enhance its stablecoin offerings. This move is significant because stablecoins have already contributed to about 20% of Coinbase's total revenue in the third quarter of 2025, highlighting their growing importance in the cryptocurrency market. By expanding its stablecoin capabilities, Coinbase aims to strengthen its position in the competitive landscape of digital finance.

In this week's recap, we see the Trump family's crypto venture, World Liberty Financial, kick off spot trading on Binance, marking a significant step in their financial journey. This move not only highlights the growing intersection of politics and cryptocurrency but also showcases Binance's role in facilitating major financial transactions. With Tether and Coinbase also reporting profits, it's clear that the crypto market is thriving, which could have broader implications for investors and the economy.

Sam Bankman-Fried, the founder of FTX, is set to present his case for a retrial next week as he faces serious fraud and conspiracy charges. This appeal is crucial for him, as it represents his last opportunity to overturn the previous verdict. The outcome could have significant implications not only for Bankman-Fried but also for the broader cryptocurrency industry, which is still reeling from the fallout of FTX's collapse.

Binance is taking proactive steps to enhance the security of crypto accounts by introducing four essential tools aimed at protecting users from potential threats. This initiative is crucial as it addresses the growing concerns over digital asset safety, ensuring that users can trade and invest with greater confidence. By prioritizing security, Binance not only safeguards its users but also reinforces trust in the cryptocurrency ecosystem.

Coinbase has made a significant move by adding 2,772 BTC to its holdings in the third quarter, signaling its strong commitment to Bitcoin. This decision not only reflects the company's confidence in the cryptocurrency market but also highlights its strategy to continue purchasing more Bitcoin in the future. This is important as it may influence investor sentiment and market trends, showcasing Coinbase's role as a key player in the evolving landscape of digital currencies.

Cardano (ADA) has seen a significant price drop of over 5%, now trading around $0.57, following a 10% decline last week. This downturn reflects a bearish sentiment among traders, with a long-to-short ratio of 0.75, indicating more bets on further declines. Charles Hoskinson, the founder of Cardano, has pointed fingers at the community for the struggles in the decentralized finance (DeFi) sector. This situation is crucial as it highlights the challenges facing ADA and the broader implications for the DeFi market, which could affect investor confidence and future developments.

AMINA Bank has made a significant move by securing a full MiCA license for its Austrian subsidiary, allowing it to operate across approximately 30 markets in the EU. This expansion not only enhances the bank's presence in Europe but also opens up new opportunities for investors looking for reliable financial services. The MiCA license is a crucial step in ensuring compliance with EU regulations, which is vital for building trust and credibility in the financial sector.

Walmart's CEO believes that the integration of AI will transform job roles across the retail sector, focusing on enhancing efficiency and fostering innovation while ensuring workforce stability. This shift is significant as it highlights how technology can reshape the future of work, potentially leading to a more productive and adaptable retail environment.

BitMine's stock has faced a tough week, dropping for seven straight days as the broader crypto market struggles. With Bitcoin and other major altcoins continuing to decline, BitMine Immersion's stock fell to $42.76, marking a significant drop of 73% from its previous highs. This situation highlights the volatility in the cryptocurrency sector and raises concerns for investors about the future performance of crypto-related stocks.

A long-dormant Bitcoin whale has made a significant move by transferring 2,300 BTC to a Paxos wallet, sparking interest in the cryptocurrency community. This action is noteworthy as it could indicate a shift in market dynamics, potentially influencing Bitcoin's price and trading activity. Analysts are keenly observing this development, as such large transactions often precede market movements, making it a crucial moment for investors and traders alike.

Ripple's CTO, David Schwartz, recently emphasized that XRP is designed to empower individuals by giving them direct control over their finances, rather than aiming to replace traditional banks. This clarification is significant as it highlights the potential of XRP to facilitate seamless value transfer without the need for intermediaries, which could revolutionize how people manage their money in a decentralized manner.