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.

O/U 196.5: 93% chance
Data: Polymarket, updated every minute. · Ends Nov 1, 2026
In the upcoming NBA game, scheduled for November 1 at 3:30PM ET: If the Celtics win, the market will resolve to "Celtics". If the Magic win, the market will resolve to "Magic". If the game is postponed, this market will remain open until the game has been completed. If the game is canceled entirely, with no make-up game, this market will resolve 50-50. The result will be determined based on the final score including any overtime periods.
Resolution source: nba.com/
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.