US Senate committee delays crypto bill
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The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the company’s clout.
Coinbase Global and Robinhood Markets slump Thursday as fresh turmoil around a long-awaited U.S. crypto market-structure bill rattled investors.
ARK ETFs came under pressure in Q4 2025 as crypto markets slid, with Coinbase and Roblox emerging as top detractors amid growing digital asset exposure across ARK funds.
Recently, Coinbase CEO Brian Armstrong has become a vocal critic of banks that are against the rewards system. TheStreet Roundtable reached out to Coinbase for a comment and had not received a response by the time of publication. Meanwhile, Jefferies revamped its price target for Coinbase.