XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the

Key Takeaways Coinbase users can now pledge their bitcoin as collateral to take out a loan worth $100,000 in USDC stablecoins after a new service was launched Thursday.These loans can be made via the Coinbase app but will be serviced by DeFi platform Morpho,

The nation's largest crypto exchange, Coinbase, endorsed the idea of a U.S. bitcoin strategic reserve Friday, part of a wide-ranging blog post on "economic freedom" from CEO Brian Armstrong, shared in advance exclusively with Axios.

Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.

Coinbase Exchange is backing the idea of a strategic Bitcoin reserve as CEO Brian Armstrong noting that the coin is "economic freedom"

Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions.

Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.

Fartcoin (FARTCOIN) led the highest gains over the past week among the largest 100 crypto assets by market cap. The Solana-based meme coin rallied 69.4% over the last 7 days to $1.42 at press time while its market cap has jumped to $1.41 billion.

Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.

Coinbase has launched Bitcoin-backed loans for U.S. users, allowing them to borrow up to $100,000 in USDC using Bitcoin as collateral.

State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.