Coinbase Premium Index Drops to Four-Year Low Amid Binance Hack Fallout
CryptoQuant CEO notes Coinbase Premium fell to its lowest level since the post-FTX collapse, signaling bearish sentiment but potential buying opportunity for Bitcoin.

Data: Polymarket, updated every minute. · Ends Jul 1, 2027
This market will resolve to the player who wins the Most Valuable Player (MVP) award for the 2026-27 NBA regular season.
In the event of a tie, this market will resolve according to the official winner as determined by NBA rules. If multiple winners are announced then this market will resolve to the player whose listed last name comes first alphabetically.
If the 2026-27 NBA regular season is cancelled, postponed after June 30, 2027, 11:59 PM ET, or there is otherwise no winner declared within that timeframe, this market will resolve to “Other”.
The resolution source for this market will be official information from the NBA; however, a consensus of credible reporting may also be used.
CryptoQuant CEO notes Coinbase Premium fell to its lowest level since the post-FTX collapse, signaling bearish sentiment but potential buying opportunity for Bitcoin.
Coinbase reported a $719 million net profit for Q3 2026, largely from crypto investment gains, while subscription services and prediction markets lifted revenue diversification.
Coinbase confirmed RLUSD is now available on its Prime, Exchange and consumer apps, supporting XRP Ledger, Base and Ethereum, while Ripple’s CEO stresses XRP remains the priority.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG.
Coinbase stated that a security incident at analytics vendor Amplitude affected a small subset of user contact information, while confirming that its own systems and customer funds were not compromised.