Coinbase

Centralized crypto exchanges reportedly saw net outflows of 31,782 bitcoin over seven days, worth about $2.52 billion, as holders moved funds into self-custody. Binance took the largest hit with roughly 19,500 BTC leaving the platform, while Coinbase Pro lost around 6,700 BTC. Commenters describe the flows as institutional accumulation and a sign that large investors are pulling coins off exchanges rather than preparing to sell.

Coinbase is bringing USDC lending to the United Kingdom, allowing customers to borrow against their Bitcoin and Ether holdings. The move expands the exchange's lending services into the UK market and gives British users a way to access liquidity in the dollar-backed stablecoin without selling their crypto. It follows Coinbase's broader push to grow its international presence amid a more favourable UK regulatory environment for digital assets.

Coinbase chief executive Brian Armstrong has reiterated his forecast that Bitcoin will reach $400,000 within the next four years. The prediction, first made during an earlier market rally, implies roughly a quadrupling from recent price levels. Crypto commentators are weighing the call against Bitcoin's continued volatility and macroeconomic uncertainty, with supporters citing institutional adoption and skeptics questioning the aggressive timeline.