On November 19, 2025, Coinbase Global announced it has called off its planned $2 billion acquisition of stablecoin infrastructure startup BVNK, with the reason for the deal's termination undisclosed. This comes as Coinbase launches a new interest-bearing savings account in the UK and advances its partnership with Kalshi to enter the regulated prediction market space, reflecting a broader push to diversify revenues beyond crypto trading. Options market activity today is unusually high, with a bearish tilt among large investors, and COIN's price is reported as down by -0.76% at $259.81. These company-specific developments, alongside broader crypto market weakness, are likely influencing the stock's performance.