Coinbase acquires 'Up Only' podcast NFT for $25 million USDC, reigniting its influence in crypto media.Coinbase acquires 'Up Only' podcast NFT for $25 million USDC, reigniting its influence in crypto media.

Coinbase Acquires ‘Up Only’ Podcast for $25M USDC

2025/10/21 13:55

Coinbase has acquired the “Up Only” podcast NFT for $25 million in USDC, sparking a revival of the show initially influential during the last cryptocurrency bull run.

This acquisition highlights Coinbase’s strategic move into crypto media, affecting media-related transactions but showing no immediate impact on cryptocurrency markets or regulatory environments.

Coinbase Buys “Up Only” Podcast NFT for $25M

Coinbase’s acquisition of the “Up Only” podcast NFT for $25 million in USDC is set to reignite a significant media platform from the last bull run. The move underscores the increasing integration of media and blockchain technology.

The transaction involves Coinbase and the podcast’s original creator, Cobie. It marks a significant step in consolidating crypto media ownership, although neither Coinbase’s leaders nor Cobie has officially commented on the acquisition.

Speculation Grows Over Coinbase’s Media Strategy

The financial implications are confined to the USDC transaction, with no apparent influence on broader markets. Industry leaders have not issued statements, leaving the community to speculate on this strategic move’s long-term impact.

Potential outcomes include a possible rise in engagement within the crypto media sphere, although no direct market or regulatory changes stem from the acquisition. This move may spark interest in NFT-based media ownership models.

Central Exchanges Eyeing Media Content Control

Similar acquisitions, like those of Mirror and Bankless, typically do not affect token prices or market dynamics. This purchase highlights the potential for large central exchanges to control culture-shaping content.

Experts from Kanalcoin note that such acquisitions rarely cause immediate market shifts but can signal long-term media landscape changes. Historical trends suggest stablecoins like USDC might gain increased utility in similar high-profile transactions.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Canadian Province Bans Crypto Mining With New Energy Bill

Canadian Province Bans Crypto Mining With New Energy Bill

The post Canadian Province Bans Crypto Mining With New Energy Bill appeared on BitcoinEthereumNews.com. This week, the government of British Columbia announced it will permanently ban new cryptocurrency mining connections to the province’s electricity grid to protect the power supply. The move makes Canada’s third-largest province a non-viable location for new grid-connected mining facilities. It also signals that existing crypto miners will find it nearly impossible to expand their operations.  Sponsored Sponsored Permanent End for Grid Crypto Expansion British Columbia is moving to make its temporary restriction on new cryptocurrency mining connections a permanent ban, according to legislation introduced this week. The move closes the door on expanding industrial-scale crypto mining within the province. It effectively cements British Columbia as one of the first jurisdictions in North America to explicitly exclude the sector from accessing its publicly owned, clean-energy supply.  Canadian Province Moves to Limit AI Power Use, Ban Crypto Mining British Columbia proposed legislation to limit how much electricity will be available to artificial intelligence data centers, and moved to permanently ban new cryptocurrency mining projects. The government of… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 20, 2025 The ban on crypto mining is not an isolated measure. Instead, it’s BC’s most far-reaching component of a new Electricity Allocation Framework designed to address unprecedented electricity demand and ensure the province’s clean energy goes toward projects that maximize economic benefit.  The ban, however, doesn’t include all types of mining. According to the government’s press release, traditional mining will still have access to the power grid. “Our new allocation framework will prioritize vital growth in sectors like mining, natural gas, and lowest-emission LNG, while ensuring our clean energy is directed to projects that deliver the greatest benefit to British Columbians,” said Adrian Dix, Minister of Energy and Climate Solutions. Sponsored Sponsored While the bill has not been enacted, it’s strongly poised to pass. As a…
Share
2025/10/22 05:35
Share
United States Initial Jobless Claims 4-week average fell from previous 240.5K to 240K in September 12

United States Initial Jobless Claims 4-week average fell from previous 240.5K to 240K in September 12

The post United States Initial Jobless Claims 4-week average fell from previous 240.5K to 240K in September 12 appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended…
Share
2025/09/19 02:11
Share