Coinbase says it will fight for the federal oversight of prediction markets.

Coinbase (COIN) stock gains as Bitcoin hits $93,259 and the exchange launches crypto lending in the UK through Morpho DeFi protocol.

What Happened? Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 5.9% in the afternoon session after the company rebounded from a sell-off in the previous session, driven by a series of positive developments including a key bullish Bitcoin indicator on its platform and the listing of new digital assets.

Coinbase stock gets a target boost ahead of earnings next month.

Coinbase and Bitcoin have lost 8% and 10% year to date, respectively, as I write this, but it looks like both could be turning a corner price-wise. Bitcoin recently reached $77,000, its highest price since early February. It is too early to say whether its price has actually bottomed, but its recent gains are a good sign.

Coinbase Global (NASDAQ:COIN) stock is down 7% today, sliding from $211.63 to $197.69, while Bitcoin (CRYPTO:BTC) is only down slightly, off 1.24% and trading near $75,521. That’s a striking gap. When COIN falls so much faster than Bitcoin on the same day,

Securities law claims targeting Coinbase’s handling of WLUNA during the 2022 Terra collapse have been dismissed.

Risk assets, like Coinbase and Robinhood, gained on the extended pause in fighting between the U.S. and Iran.