Warren Buffett cautioned he’s seeing signs of excess in markets, likening their price action to a casino. “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young,” Buffett told Fortune magazine. While he might’ve been talking about stock markets, even more volatility in the crypto markets caused Coinbase […]
As the legal debate continues over whether sales of cryptocurrencies constitute securities, all eyes have been on a court case involving a Coinbase employee sharing insider information with his brother and a friend. While the main defendant, former Coinbase employee Ishan Wahi, and his brother have reached settlements with both the Department of Justice and […]
Coinbase (NASDAQ: COIN) has become the standard bearer for the crypto industry in the U.S. It’s outlasted rivals like FTX and watched as Binance was fined $4 billion and pushed out of the country. Now, Coinbase is using its reputation and technical prowess to push into new markets and products like derivatives along with more […]
Bitcoin (BTC-USD) momentarily reached above $63,000 on Wednesday as the crypto asset keeps its momentum and continues to rally this week. Bitcoin prices fluttered back below $61,000, dampened by outages on the crypto trading platform Coinbase (COIN), which incorrectly displayed user balances at $0. Yahoo Finance Live anchors Julie Hyman and Josh Lipton examine the […]
The Dow Jones Industrial Average dropped Tuesday, as Wall Street reacted to key housing data. While indexes were narrowly mixed, Coinbase (COIN) surged to new highs, fueled by a jump in bitcoin prices on the stock market today. X The Dow Jones Industrial Average lost 0.3%, while the S&P 500 inched lower. The tech-heavy Nasdaq […]
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed ahead of Tuesday’s stock market open. Stock market leader Coinbase (COIN) rocketed nearly 17%, while Magnificent Seven stock Alphabet (GOOGL) tumbled below a key support level. X Coinbase stock soared Monday, rebounding from recent weakness that triggered a sell signal […]
Cryptocurrencies rallied sharply on Monday as investors jumped back into the market. Bitcoin traded over $53,000 for the first time since November 2021, and that’s pulling the entire market higher. Even bigger moves took place. Ethereum (CRYPTO: ETH) jumped 8.3% since the close of the market on Friday, NEAR Protocol (CRYPTO: NEAR) was up 21.3% […]
Coinbase (NASDAQ: COIN) continues to outperform expectations, and that could continue as the crypto market picks up and more innovations take place on the blockchain. In this video, Travis Hoium covers Coinbase’s recent earnings and why they’re so bullish for the future of the industry. *Stock prices used were end-of-day prices of Feb. 16, 2024. […]
ARK sold 499,149 shares of Coinbase from its three funds. The sale came after Coinbase beat its fourth-quarter earnings expectations, leading to a string of analyst upgrades. ARK Invest sold nearly half a million shares of Coinbase Global (COIN), worth around $90 million, on Friday as the Nasdaq-listing cryptocurrency exchange witnessed a slew of analyst […]
There are only seven companies worth more than $1 trillion today. These include some of the world’s most prominent corporations, such as Apple, Microsoft, and Amazon. Reaching a $1 trillion valuation is no easy task and is reserved for a select few with just the right combination of characteristics. By 2035, the $1 trillion club […]
Coinbase Global (COIN) posted its first quarterly profit in two years as trading surged on a new wave of optimism about digital assets, marking a potential turning point for the largest US cryptocurrency exchange. Investors cheered the news, sending the stock of Coinbase up more than 12% in after-hours trading. The stock is down 5% […]
ARK sold $34.3 million worth of shares from three different funds, according to an emailed daily trading report. Coinbase has advanced 19% since the firm’s previous sale and is due to report earnings after the market close. ARK Invest, the Cathie Wood-run investment vehicle, sold Coinbase (COIN) stock for the first time in a month […]