Barclays forecasts a decline in crypto trading volumes for 2026, largely due to a lack of catalysts to boost investor interest. The report highlights challenges for retail exchanges like Coinbase and Robinhood amid cooling spot market activity and discusses potential regulatory developments that could influence future growth.

PNC Bank has launched direct bitcoin trading for high-net-worth clients, allowing them to buy and sell bitcoin through their existing investment accounts. This service, powered by a partnership with Coinbase, aims to keep clients within the bank's ecosystem as they explore digital assets. Future expansions will include institutional accounts and nonprofits.

Coinbase is acquiring The Clearing Company to enhance its prediction markets. This move allows users to trade on real-world events alongside other assets like crypto and equities. The acquisition aims to leverage The Clearing Company's expertise to develop a comprehensive trading platform.

Coinbase Derivatives is set to launch US Perpetual-Style Futures on July 21, introducing a new product suite that will track spot prices and offer leverage while adhering to CFTC regulations. These long-dated futures contracts will feature a funding rate mechanism to maintain alignment with the spot market, providing a unique trading experience for users.

Coinbase is launching perpetual futures, allowing retail investors to utilize leverage in trading. This move aims to democratize access to advanced trading tools, previously available mainly to institutional investors. The introduction of these products reflects the growing trend of integrating sophisticated financial instruments into the cryptocurrency market.

Coinbase's stock fell 7% after the company reported disappointing Q2 earnings, posting $1.5 billion in revenue, which was below analysts' expectations of $1.59 billion. The decline in transaction revenue by 39% from the previous quarter reflects the company's vulnerability to crypto market fluctuations, despite its efforts to diversify its offerings.