Coinbase Prime
Coverage of Coinbase Prime in the Nexus archive.
- Tim Draper denies moving Bitcoin, reiterates $250,000 BTC prediction
Tim Draper denied moving Bitcoin after blockchain analysts linked him to a wallet that transferred 1,000 BTC to Coinbase Prime. He reiterated his prediction of Bitcoin reaching $250,000.
- Forward Industries moves $32M in SOL amid $1B paper loss
Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana investment is over 70% underwater, highlighting growing strain on corporate crypto treasuries.
- Charles Schwab Sets Mid-2027 Target for Advisor Bitcoin and Crypto Spot Trading
Charles Schwab aims to launch spot cryptocurrency trading, transfers, and custody services for registered investment advisors by mid-2027. The initiative targets institutional adoption by integrating crypto into existing custody systems used by 16,000+ advisory firms, distinct from Schwab's retail-focused crypto service launched in 2026.
- Foundation distributed 27k ETH this week. BitMine staked 112k. What are we actually watching here?
The Ethereum Foundation (EF) staked ETH up to its target, then sold 10,000 ETH OTC to BitMine and unstaked 17,035 ETH via Lido. BitMine and Grayscale staked nearly $500M of ETH during the same period, raising questions about coordinated institutional demand and EF's role in ETH price dynamics.