Bitcoin Bottom Could Be In, According to Discount on Coinbase Premium Index Bitcoin (BTC) is currently trading at a discount on Coinbase, a trend that some experts believe could indicate a price bottom for the largest cryptocurrency. According to a post on X, David Lawant, head of research at FalconX, noted that the last time […]
Bitcoin {{BTC}} fell back towards $60,000 on Wednesday, after a wallet tagged to the U.S. Government moved about $240 million worth of seized BTC to a Coinbase Prime address, igniting concerns among traders that the digital assets will likely to be sold. Some 3,940 bitcoin originally seized from a Silk Road vendor was moved by […]
Coinbase is trying to get a higher court to take a look at a question at the heart of its legal dispute with the Securities and Exchange Commission. The courts must accept the request for appeal before it can move forward, but the SEC has said the exchange hasn’t made its case. Coinbase Inc. (COIN) […]
The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company’s case was “unpersuasive” and that the courts need to work those questions out when they arise. The matter […]
Cryptocurrency prices jumped Friday as bitcoin surged back near $67,000. Institutional investors poured hundreds of millions of dollars into spot bitcoin ETFs this past week. That could propel bitcoin toward its record highs as early as next week, one analyst said. Meanwhile, COIN stock surged after Coinbase received an upgrade and major price target hike […]
Coinbase said ether has the potential to surprise to the upside in the coming months. The cryptocurrency unlikely to be displaced as the center of decentralized finance, the report said. The market may be underestimating the timing and odds of a potential approval of a U.S. spot ether exchange-traded fund. Ether {{ETH}} has underperformed the […]
Shares of Coinbase fell nearly 8% on Thursday to a price of $202.49. The drop came after a report from the Financial Times that futures exchange CME was considering offering spot bitcoin trading to its clients. Shares of Coinbase dropped nearly 8% to $202.49 during U.S. morning hours on Thursday after a Financial Times report […]
10x Research founder Markus Thielen said crypto exchanges may lose business if CME starts offering spot bitcoin trading. CME is one of the top bitcoin futures exchanges by open interest. Futures powerhouse Chicago Mercantile Exchange (CME) plans to offer spot bitcoin trading to clients as demand for the product mounts among market participants, the Financial […]
Coinbase posted a major first-quarter beat late Thursday, driven by bitcoin’s start-of-the-year boom and renewed interest in cryptocurrencies. Meanwhile, bitcoin rebounded slightly after falling on Wednesday to a key pressure point for institutional investors. Cryptocurrency prices and spot bitcoin ETFs jumped on bitcoin’s advance. Coinbase stock initially fell on results. X Coinbase (COIN) reported earnings […]
Coinbase Global (COIN) posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024. Yet the stock of the largest US cryptocurrency exchange fell by as much as 4% in after-hours trading Thursday. The stock is up more than 31% since the beginning of the year but 38% below […]
Since its advent a little more than a decade ago, the cryptocurrency space has been volatile. Strong bull runs give way to what are known as “crypto winters.” But the ice has undeniably melted in recent months, with the overall market cap of the cryptocurrency space surging to more than $2.3 trillion in 2024. As […]
Ever since it went public almost exactly three years ago, Coinbase Global (NASDAQ: COIN) has been one of the most talked about, most analyzed, and most polarizing crypto stocks. On the one hand, its price is up 209% over the past 12 months, and more than 300% over the past 24 months. On the other, […]