Coinbase is dramatically expanding the assets available to trade on its platform, including novel cryptocurrencies, perpetual futures, stocks and prediction markets, starting with Kalshi. What to know : Coinbase is expanding offerings on its platform, introducing hundreds of top stocks based on market cap, trading volume, etc, with plans to add thousands of additional stocks and ETFs over the coming months. Coinbase users will also be able to trade on the outcomes of real-world events like elections, sports, collectibles, and economic indicators, starting with Kalshi and more to be integrated over time. A new AI-driven wealth management advisory service has been introduced, as well as Coinbase Business to help startups and small businesses incorporate crypto.

Coinbase announced the launch of an AI tool called Coinbase Advisor, aimed at helping users manage their financial lives. （CoinDesk）

The Federal Reserve has officially cancelled a policy formulated in 2023 that previously restricted banks from conducting business cooperation with Bitcoin. （The Bitcoin Historian）

A US class action lawsuit related to Silvergate Bank is calling for over 46000 FTX and Alameda customers to file claims to distribute the proposed $10 million settlement, accusing the bank of alleged misconduct in assisting these companies. （Cointelegraph）

[U.S. Stock Market Closes with All Three Major Indexes Down, Nvidia Drops 3.8%] The U.S. stock market closed on Wednesday with the Dow Jones Industrial Average preliminarily down 0.47%, the S&P 500 down 1.16%, and the Nasdaq down 1.8%. Nvidia fell 3.8%, Oracle dropped 5.4%, and Pinduoduo declined 3.6%. The Nasdaq Golden Dragon China Index closed down 0.73%, Alibaba fell 1.4%, while Dingdong Maicai surged 22.8%.