Weekly trading volume was up 124% from the previous week.

Last week, #Coinbase International's total trading volume exceeded $119 billion, and the average daily trading volume was nearly $20 billion.
This week's weekly trading volume was up 124% from the previous week, and this week's average daily trading volume was 164% from the previous week.
In comparison, in November, Coinbase International's trading volume averaged just $2.5 billion per day; in December, the exchange's trading volume reached nearly $10 billion per day.
Including perpetual futures on #BTC , #ETH , SOL, XRP and DOGE The top five Coinbase International trading pairs accounted for 99.8% of the exchange's total trading volume this week, with BTC-PERP accounting for 57% of total trading volume and ETH-PERP for 34%.
the dominance of BTC and ETH trading pairs on the exchange is due to the fact that individual
Coinbase International's growth comes after several key expansion strategies implemented by the platform in recent months, including: expansion into Europe Coinbase proactively responded to the European Union's Market for Cryptoassets (MiCA) regulator, doubled the platform's maximum leverage
from 10x to 20x, and introduced a new platform
International.
Read us at: Compass Investments
#CompassInvestments #TokenEconomy

Union Square Ventures (USV), a trailblazer in the venture capital world, has stirred the crypto market with its recent transfers of Uniswap’s UNI tokens. The firm’s strategic movement of substantial UNI holdings raises intriguing questions about its investment approach and market outlook. Let’s dive into the details of this significant development and explore its broader implications for decentralized finance (DeFi).
USV’s UNI Token Transfers: A Closer Look
Recent Transactions and Value Metrics
Starting December 6, 2024, USV initiated a series of transfers involving its UNI token holdings. As of now, the firm has moved 3.511 million UNI tokens, worth approximately $54.56 million, to Coinbase Prime. Notable transactions include:

December 19, 2024: A transfer of 1.156 million UNI tokens valued at $17.34 million.Recent Transfer: 578,000 UNI tokens worth $8.45 million.
Despite these significant outflows, USV retains 10.364 million UNI tokens in its wallet, valued at about $150 million at the current market price of $14.19.
Background of UNI Token Holdings
USV’s UNI holdings trace back to a 2020 Series A investment round in Uniswap. This $11 million round, led by Andreessen Horowitz, aimed to bolster Uniswap’s development as a decentralized, non-custodial trading platform. As part of the investment, USV received a substantial allocation of UNI tokens.
Price Dynamics and Transfer Timing
The tokens transferred by USV average a price of $15.53, slightly higher than the current market value of $14.24. This disparity suggests a potential strategy of optimizing returns or addressing liquidity needs. However, the exact motivations remain speculative.
Strategic Implications and Market Impact
Possible Reasons Behind the Transfers
Portfolio Rebalancing: The movement could reflect efforts to diversify or adjust USV’s investment portfolio.Liquidity Needs: The firm may be preparing for upcoming financial obligations or new investment opportunities.Market Sentiment: These transfers might indicate a cautious stance on current market conditions or a shift in investment priorities.
Broader Impacts on DeFi and UNI Market
Uniswap plays a pivotal role in the DeFi ecosystem as a decentralized trading platform. USV’s actions underscore the strategic decisions venture capital firms face in navigating the volatile crypto market. Observers are keenly watching for potential ripple effects, including:
Market Sentiment: Large transfers could influence investor confidence in UNI and DeFi tokens.Institutional Behavior: USV’s activities may signal emerging trends in how institutional players approach crypto investments.
Balancing Opportunities and Risks
Advantages of Strategic Token Management
Liquidity Access: Timely transfers can provide the flexibility to capitalize on new opportunities.Risk Mitigation: Diversifying assets reduces exposure to market volatility.
Potential Risks
Market Reactions: Significant outflows might be interpreted negatively, affecting token prices.Regulatory Scrutiny: High-profile movements could draw attention from regulatory bodies.
Conclusion: A Move Worth Watching
Union Square Ventures’ recent transfers of UNI tokens highlight the nuanced strategies venture capital firms employ in the fast-evolving crypto landscape. Whether driven by portfolio optimization, liquidity needs, or other considerations, these moves offer valuable insights into institutional dynamics within DeFi.
As Uniswap continues to thrive as a cornerstone of decentralized finance, market participants should closely monitor USV’s actions for clues about future trends. Are these transfers a precursor to broader market shifts, or simply a routine adjustment? Time will tell. Meanwhile, the crypto community can draw lessons from this example of strategic asset management.

#Uniswap #Coinbase $PHA $BTC $UNI

1. The Bank of Korea (BOK) hinted at further rate cuts to keep the economy stable. The Bank of Korea (BOK) is ready to cut rates again in 2025, citing tough trade conditions, political drama and inflation headaches.
2. According to reports, the Russian Central Bank is establishing a monitoring system to deal with illegal cryptocurrency over-the-counter trading platforms and improper legal currency swaps
3. Nearly one-third of South Koreans (over 15.59 million) hold cryptocurrencies and actively participate in them, with assets worth $79B
4. The People's Bank of China injected RMB 192.3 billion through 7-day reverse repurchase, with an interest rate of 1.50%

Will 2025 be the year of the cryptocurrency boom? Coinbase has outlined five key trends that will shape the future of the industry.

On December 18, Coinbase, one of the largest cryptocurrency exchanges in the world, released its report titled "Crypto Market Outlook: 5 Things to Watch in 2025."
This report not only forecasts trends but also provides an in-depth analysis of the factors that will impact the cryptocurrency market in 2025, including stablecoins, tokenization, ETFs, DeFi, and the regulatory landscape.

Stablecoins will expand beyond traditional trading scopes.
Coinbase asserts that stablecoins are becoming a "killer app" for the cryptocurrency market. Evidence of this is the 48% growth in stablecoin market capitalization in 2024, reaching a record high of $193 billion as of December 1. Analysts predict that this number could reach $3 trillion within the next five years.
A noteworthy point is that the role of stablecoins is gradually expanding beyond mere trading.
With a trading volume of $27 trillion so far this year (three times higher than the same period in 2023), stablecoins have proven to be highly effective in facilitating fast and cost-efficient transactions on a global scale.
Coinbase predicts that in the near future, the primary applications of stablecoins will be in capital flows and international trade, rather than just serving as a trading tool.

Asset tokenization will be the foundation of the current market cycle.
In 2024, the tokenization of real-world assets (RWA) saw significant growth, with the value of RWA increasing by over 60%, reaching $13.5 billion (excluding stablecoins) as of December 1st.
This trend is not limited to traditional assets like U.S. Treasury bonds and money market funds, but is expanding into areas such as private credit, commodities, corporate bonds, real estate, and insurance.
Coinbase believes that despite ongoing challenges, continuous investment and technological advancements will make tokenization one of the key foundations of the current market cycle.
In the longer term, tokenization could revolutionize the entire portfolio building and investment process by bringing everything onto the blockchain.

Cryptocurrency ETFs may evolve to increase attractiveness
The launch of the Bitcoin spot ETF in the U.S. has marked a major milestone for the cryptocurrency market. Most institutional investors, from pension funds, hedge funds, and investment advisers to family offices, have now adopted cryptocurrency ETFs.
Coinbase believes that this group of institutional investors will serve as a stable, long-term demand source for the market.
However, the report also emphasizes that the growth potential of cryptocurrency ETFs will depend on future changes, such as:
Approval of spot ETFs for altcoins: XRP, SOL, LTC, HBAR, etc.Allowing creation and redemption of ETFs with assets: Instead of only using cash, as it stands now.Enabling staking within ETFs: This could increase returns for investors.
These changes could narrow the buy/sell spread, improve the alignment between ETF share prices and net asset value (NAV), thereby attracting more investors.
DeFi will enter an era of innovation
After the turbulence of the previous cycle, DeFi is returning with a more sustainable and flexible ecosystem.
Lending protocols have reached record highs in total value locked (TVL), while decentralized exchanges (DEXs) are gaining market share over centralized exchanges (CEXs).
New DeFi applications, such as decentralized physical infrastructure networks (DePIN) and prediction markets, are also gaining attention.
Coinbase believes that changes in the regulatory landscape in the U.S. and the adoption of on-chain verification will pave the way for traditional institutional investors to enter DeFi, fueling the sector's growth.
Regulatory frameworks will become a driving force for the market
After years of facing unclear and inconsistent regulations, the cryptocurrency market in the U.S. is about to enter a new phase. With bipartisan support in Congress, the U.S. is expected to soon enact a comprehensive legal framework for cryptocurrencies, including stablecoin laws and putting an end to the "regulation by enforcement" era.

Not only the U.S., but many G20 countries and major financial hubs are also working on legislation to regulate digital assets. These moves will create a favorable environment for innovation and growth in the global cryptocurrency market.
Coinbase believes that 2025 will be a pivotal year, with breakthroughs and advancements that could shape the long-term future of the cryptocurrency industry. The development of stablecoins, tokenization, ETFs, DeFi, and the regulatory landscape will play a crucial role in pushing the cryptocurrency market closer to its true potential.
$BTC
$ETH
#USUALAnalysis #MarketPullback #FranklinCryptoETF #GrayscaleSUITrust #Coinbase

🚨URGENT: Coinbase Faces $1 Billion Lawsuit Over Wrapped Bitcoin Delisting! 🚨

Crypto giant Coinbase is under fire as BiT Global Digital files a $1 billion lawsuit, accusing the exchange of anticompetitive behavior for delisting Wrapped Bitcoin ($WBTC) in November.

📄 The Allegations:
BiT Global claims Coinbase dropped WBTC to promote its own Bitcoin-based token, Coinbase BTC ($cbBTC), which the company teased four months earlier.

💬 Coinbase Responds:
Paul Grewal, Coinbase’s chief legal officer, defended the move, stating:
"When an asset no longer meets our listing standards, we will drop it. When another asset can meet or exceed market requirements without sacrificing those standards, we will list it."

This case highlights the growing tensions in the crypto space as exchanges navigate competitive practices and high listing standards.

What’s your take on this controversy? 🤔

#Coinbase  #CryptoNews  #WBTC #DeFi  #BTCNextMove
$COIN