The rise in popularity of the Coinbase app is often seen as a sign of renewed retail interest, but there’s still debate whether retail has truly returned.

Retail waking up? Coinbase rockets to rank 137 in App Store

This content is provided by a sponsor. PRESS RELEASE. Panama, 17th July 2025 &#8211; 
HTX DAO announced the successful completion of its $HTX token burn for Q2 2025 
on 15 July. This initiative is a core component of HTX DAO&#8217;s ongoing strategy 
to implement its deflationary mechanism, aiming to enhance the long-term value 
of $HTX […]

HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance

Crypto exchange Coinbase has launched a new initiative with its &#8220;Base App,&#8221; 
aiming to broaden access to the crypto economy. Unveiled on Wednesday, this 
application replaces the Coinbase Wallet and is designed to merge various 
functionalities, including wallet, trading, payments, messaging, and social 
media. Built on Coinbase&#8217;s proprietary blockchain network, Base, which 
operates on the Ethereum (ETH) blockchain, the app reportedly seeks to attract 
a wider audience beyond traditional cryptocurrency enthusiasts. Base App 
Launch According to CNBC, the Base App represents an opportunity to reach 
consumers who may not be primarily interested in buying or trading 
cryptocurrencies—a critical pivot given the company&#8217;s past over-reliance on 
trading revenues. Related Reading: BNB Price Stalls: Struggles to Resume Gains 
While Altcoins Rally To support the launch of the Base App, Coinbase 
introduced two significant features: Base Account, an identity verification 
system, and Base Pay, an express checkout tool designed for payments using the 
Circle-issued USDC stablecoin. During the unveiling event, Alex Danco, a 
product manager at Shopify, highlighted that “tens of thousands” of merchants 
can now utilize this feature, with plans for a broader rollout in the coming 
months. Additionally, Shopify intends to offer 1% cash back on USDC payments 
made through Base, further incentivizing usage. While initial enthusiasm for 
the Base network has primarily attracted developers and builders, notable 
interest is growing among larger financial entities. Recently, JPMorgan 
announced its plan to launch a deposit token on the Base blockchain, 
showcasing the network&#8217;s potential. Ambitious Goals For Coinbase The Base App 
is designed to enhance monetization options and greater control over their 
identity and data. As part of this initiative, Coinbase plans to fund creator 
rewards and waive USDC transaction fees within chat features, although 
significant revenue generation is not expected immediately. This launch comes 
at a time when the broader cryptocurrency industry is experiencing a surge in 
new products, driven by favorable policies from the Trump administration and 
anticipated regulatory clarity from Congress. Related Reading: Altcoin Season 
Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? Last 
month, Coinbase made headlines with the introduction of its first credit card 
in partnership with American Express, while Shopify rolled out USDC-powered 
payment solutions through Coinbase and Stripe. Coinbase CEO Brian Armstrong 
has expressed ambitious goals for the company, aiming to position USDC as the 
world&#8217;s leading stablecoin, currently dominated by Tether&#8217;s USDT. He also 
envisions transforming Coinbase into the premier financial services app 
globally within the next five to ten years. As of writing, the exchange’s 
stock, COIN, is trading at $398, slightly down from its all-time high of $405, 
which was reached earlier in Wednesday’s trading session. Bitcoin (BTC) and 
other major cryptocurrencies have also shown significant bullish momentum, 
with prices reaching new records or levels not seen since earlier in the year. 
Featured image from DALL-E, chart from TradingView.com

Coinbase Unveils ‘Super App’ To Expand Crypto Access–Details

Surging ETH prices proved too tempting for the attacker to ignore, and they’re 
now shuffling their loot to lock in profits. On July 17, 2025, the wallet tied 
to the hacker behind the Infini exploit re-emerged with on-chain activity, 
moving…

$50M Infini hacker dumps ETH bag months after exploit

Meta CEO Mark Zuckerberg announced that the company is prepared to build 
several Titan-sized superclusters to expand its AI infrastructure. He reported 
that one of the upcoming clusters will have a footprint equivalent to that of 
Manhattan. Meta to Allocate &#8216;Hundreds of Billions&#8217; to Grow AI Infrastructure 
As its rivals ramp up spending in the […]

Meta to Invest Hundreds of Billions in AI Superclusters

Bitcoin first-timers have upped their BTC exposure by more than 2% in July, 
but mainstream interest worldwide is still barely perceptible, data reveals.