Asia Morning Briefing: How Will Coinbase Rebrand Its Wallet?
2025-07-14 02:11:46
Main Idea
Coinbase is rebranding its wallet, potentially to 'The Base App', and Ethereum's ZK upgrade receives institutional praise, while Bitcoin and Ethereum show strong market performance.
Key Points
1. Coinbase is rebranding its wallet, with speculation it may be renamed 'The Base App', aligning with Base's in-app experiences.
2. Ethereum's ZK upgrade is praised by ARK Invest CEO Cathie Wood, aiming to enhance network throughput and decentralization.
3. Bitcoin rallied 1% to nearly $119K over the weekend, with BlackRock’s IBIT crossing $80 billion in crypto.
4. Ethereum surged past $3,000 for the first time since February, indicating strong bullish momentum.
5. Gold climbed to $3,371 as central banks continue their historic accumulation spree, fueling a bullish breakout.
Description
Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Rest in Peace, Coinbase Wallet. No, the app itself isn't going away, but it is getting a new name. On its X profile , its name is crossed out and replaced with a 'TBA' and a few question marks. "There’s plenty of speculation abo...
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