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Coinbase misses Q4 earnings with $667M loss as crypto markets fell

Coinbase’s fourth-quarter earnings missed Wall Street expectations, with the crypto exchange reporting its first net loss since the third quarter of 2023.
Dogecoin Founder: ‘I Really Hate Your Algorithm’—Musk: ‘Don’t Love It Either’
Dogecoin (CRYPTO: DOGE) co-founder Billy Markus publicly slammed Elon Musk’s X algorithm, prompting Musk to admit he doesn’t love it either.
The Algorithm Fight
Markus, who goes by Shibetoshi Nakamoto on X, wrote “I really really f***ing hate the current X algorithm.”
Musk responded a few hours later: “Don’t love it either. Working on improvements.”
Markus then explained his core complaint. Any algorithm that breaks the implicit contract of social media—showing your followers your content and showing you content from accounts you follow—is a failure.
He argued metrics should track what percentage of posts actually reach followers.
The criticism carries …
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Crypto Market News
Bitcoin in ‘capitulation zone’ as traders debate when BTC price will bottom

Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics hint at further downside. Will a drop to $40,000 mark the final price bottom?
Fed paper proposes initial margin weights for crypto-linked derivatives

Traditional risk-weightings and models cannot account for crypto’s high volatility or market behavior, according to a Federal Reserve paper.
Aptos-incubated Decibel to launch protocol-native stablecoin ahead of mainnet

The dollar-backed token, USDCBL, will serve as collateral for onchain perps, with cash and Treasury reserves generating yield retained within the protocol.


