
Coinbase does not fear competition from Wall Street, says exchange executive
Coinbase's Katie Harries: We Welcome Wall Street Competition

Bitcoin and ether remain in a tight trading range, with BTC fluctuating between $76,100 and $78,000. Meanwhile, altcoins like NEAR and FET have surged, while privacy coins face sell pressure.
Crypto majors bitcoin BTC$77,341.59 and ether (ETH) head into the weekend having been confined to a tight trading range over the past four days, with BTC being trapped between $76,100 and $78,000.
The lack of volatility has led to little pockets of the altcoin market benefitting from the speculative nature of crypto investors. The AI sector was the recipient of such speculation on Friday as NEAR increased by 28.5% while FET posted an 11.4% gain in the past 24 hours.
Conversely, privacy coins DASH, ZEC and XMR experienced a wave of sell pressure on Friday, eroding much of their early week rally, indicating that sector rotation is in full effect.
Brent crude oil dropped to $102 per barrel on Friday, down from $112 seen earlier this week as speculation swirls around a potential peace deal between Iran and the U.S.
U.S. equities responded well to the drop off in oil; Dow Jones Industrial Average closed at a record high on Friday, while Nasdaq 100 and S&P 500 are now up by 3% and 1.7% respectively since Tuesday's low, suggesting a return to risk-on sentiment.
Bitcoin is currently trading between $76,100 and $78,000.
NEAR increased by 28.5% and FET posted an 11.4% gain in the past 24 hours.
Privacy coins DASH, ZEC, and XMR experienced sell pressure, erasing much of their earlier gains.
U.S. equities rose, with the Dow Jones Industrial Average reaching a record high and the Nasdaq 100 and S&P 500 up by 3% and 1.7%, respectively.

Coinbase's Katie Harries: We Welcome Wall Street Competition

SEC postpones plans for tokenized stock trading on crypto platforms amid concerns.

Bitcoin's price could fall to $72,500 before rebounding, according to analysis.

Vitalik Buterin states his influence over Ethereum Foundation is shrinking intentionally.

The Federal Reserve updated its proposal for a 'skinny' master account, enhancing crypto firms' access to payment systems. Concurrently, President Trump signed an executive order to integrate digital assets into existing payment networks.

XRP's price shows indecision; key trading days ahead.
See every story in Crypto — including breaking news and analysis.