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Coinbase Updates Roadmap with DEEP and WAL: A Strategic Move Amid Market Anticipation

Coinbase Updates Roadmap with DEEP and WAL: A Strategic Move Amid Market Anticipation

Published:
2026-02-03 12:17:16
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On February 3, 2026, Coinbase, a leading U.S.-based cryptocurrency exchange, announced a significant update to its asset listing roadmap by adding two new tokens: DeepBook (DEEP) and Walrus (WAL). This development marks a strategic expansion of Coinbase's offerings, reflecting its ongoing commitment to diversifying the digital assets available on its platform. The exchange has confirmed that both tokens are currently under rigorous review, with a clear emphasis that trading will not commence until all necessary prerequisites—including robust market-making support and seamless technical integration—are fully operational. This cautious approach underscores Coinbase's dedication to maintaining platform stability and user security, aligning with regulatory expectations in the ever-evolving crypto landscape. The inclusion of DeepBook (DEEP) and Walrus (WAL) has already sparked notable short-term price reactions in the broader market, highlighting the influential role Coinbase plays as a gateway for retail and institutional investors. DeepBook is speculated to be associated with decentralized finance (DeFi) liquidity protocols, while Walrus may focus on community-driven or gaming-oriented ecosystems, though official details remain pending. Investors are strongly cautioned against making premature deposits of these tokens, as unsupported assets could lead to irreversible losses—a reminder of the risks inherent in speculative trading ahead of official listings. This MOVE is part of Coinbase's broader strategy to enhance its competitive edge by selectively integrating promising projects that demonstrate technological innovation and sustainable use cases. By updating its roadmap transparently, Coinbase not only fosters market anticipation but also reinforces its reputation as a trusted intermediary in the digital asset space. As the crypto industry continues to mature, such curated expansions are likely to drive increased liquidity and mainstream adoption, positioning Coinbase at the forefront of financial innovation. The careful, phased rollout exemplifies how major exchanges can balance growth with risk management, setting a benchmark for others in the sector.

Coinbase Adds DEEP and WAL to Listing Roadmap: Short-Term Price Reaction Observed

Coinbase has updated its asset listing roadmap with two new additions: DeepBook (DEEP) and Walrus (WAL). The exchange confirmed the tokens are under review but emphasized that trading will not commence until market-making support and technical integration are fully operational. Investors are cautioned against premature deposits, as unsupported tokens may result in irreversible losses.

The inclusion of DEEP and WAL signals these assets have cleared preliminary legal, compliance, and security checks—though final listing approval remains uncertain. Coinbase's rigorous vetting process often delays or rejects tokens due to insufficient transparency or technical concerns, underscoring the importance of tempered expectations despite roadmap updates.

Market reaction was immediate for DeepBook, which rallied 18% to trade between $0.03-$0.035 following weeks of decline. The breakout from oversold territory has attracted speculative buyers, though sustained momentum hinges on Coinbase's final decision.

Bitcoin's Persistent Weakness on Coinbase Signals Eroding US Demand

Bitcoin faces mounting pressure as it breaches critical support levels, with the $80,000 threshold collapsing and prices sliding to $74,000—a level unseen since April 2025. The downturn coincides with fading US investor demand, now starkly visible in on-chain metrics.

CryptoQuant data reveals a structural shift: where brief February-April 2025 selloffs were absorbed, current Coinbase Premium Index readings show deepening and sustained negative premiums. This suggests US spot buyers remain absent even after significant price corrections—a bearish divergence from earlier patterns of swift demand recovery.

Market sentiment mirrors the technical deterioration. The MOVE index's volatility spike fuels concerns that bitcoin isn't merely consolidating, but entering a broader bear phase. With no immediate catalysts for US institutional inflows, analysts warn the path of least resistance may remain downward until a durable base forms.

Epstein's $3M Coinbase Investment Revealed in DOJ Documents

Newly released documents from the U.S. Department of Justice reveal Jeffrey Epstein made a $3 million investment in Coinbase through Brock Pierce's Blockchain Capital in 2014. While the deal's completion remains unconfirmed, email correspondence suggests Epstein secured a meeting with Coinbase co-founder Fred Ehrsam.

The files indicate ongoing discussions about Epstein's potential stake in the exchange, with a 2018 email confirming he received an allocation before selling half his position. This revelation surfaces amid heightened scrutiny of Epstein's financial network and its connections to major crypto industry figures.

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