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📽 It’s time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson are back with Episode 67, breaking down the latest crypto headlines.
Don’t miss out — tune in now!👇
đź“Ś Price Action
đź“Ś OpenSea to Launch SEA Token in Q1 2026, Allocating 50% to Community
OpenSea will launch its SEA token in Q1 2026, with 50% of the supply allocated to the community and early users.
The platform will use half of its revenue to buy back SEA tokens while allowing users to stake behind collections and projects. OpenSea’s pivot to a multi-chain trading aggregator reflects its shift from NFTs to broader crypto trading, now spanning 22 blockchains.
đź“Ś Coinbase CEO Confirms Spending $25M to Buy UpOnly NFT From Cobie
On Monday night, Coinbase paid $25 million in USDC to Cobie for the UpOnly NFT, pushing him back into the host’s chair, aiming to resurrect the crypto-focused podcast.
Coinbase CEO Brian Armstrong on Tuesday, confirmed the purchase of $25 million UpOnly NFT from well-known crypto trader Cobie.
“The rumors are true, we bought the NFT,” Armstrong wrote to his 1.6 million followers on X. “UpOnlyTV is coming back.”
📌 Coinbase Acquires Echo for $375M – And It Could Spark the Return of ICOs
Coinbase’s $375M buy of Cobie’s Echo folds $200M-from-300-deals community raises into an exchange-native pipeline, signaling the return of public sales—this time on-chain and institution-ready.
Coinbase has acquired Echo, an on-chain capital-raising platform founded by crypto veteran Cobie, in a $375 million deal that could reshape how projects raise funds and potentially reignite interest in public token sales, a format once synonymous with the initial coin offering (ICO) boom of 2017.
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