COIN - Coinbase Global, Inc.
After hours:
| Previous close | 63.57 |
| Open | 65.11 |
| Bid | 64.40 x 1000 |
| Ask | 64.28 x 1000 |
| Day's range | 62.02 - 65.21 |
| 52-week range | 31.55 - 116.30 |
| Volume | |
| Avg. volume | 15,818,822 |
| Market cap | 15.141B |
| Beta (5Y monthly) | 2.59 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Financial Times
Coinbase: waning retail trade keeps platform in the doldrums
The digital currency is up 63 per cent this year, compared to the S&P 500’s 12 per cent gain. Shares in Coinbase have done even better, advancing more than 90 per cent. Having traded on just 1.5 times revenue in January, the lossmaking company is now on a multiple of 5.5 times. Bigger and more profitable exchange operators Cboe and the London Stock Exchange, are on 3.5 times and six times respectively by comparison.
- CoinDesk
First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report
The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
- CoinDesk
Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures
These products come on the back of the nano futures that were launched last year.
- Motley Fool
Better Buy: Coinbase or Uniswap?
Coinbase continues to attract the attention of high-profile value investors, but don't forget about decentralized exchanges such as Uniswap.
- CoinDesk
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.
- CoinDesk
Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges
The U.S. Securities and Exchange Commission settled charges with a former Coinbase product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday.
- CoinDesk
Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development
Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country.
- Motley Fool
Why Coinbase Stock Jumped Today
Shares of cryptocurrency company Coinbase Global (NASDAQ: COIN) jumped on Tuesday after the stock got an upgrade from an analyst. As of 9:50 a.m. ET, Coinbase stock was up about 8%, but it had been up as much as 11%. The stock market is generally up today as well, so this is also helping Coinbase stock.
- Yahoo Finance Video
Coinbase stock jumps on analyst upgrade
Yahoo Finance Live discusses a rise in shares of cryptocurrency exchange Coinbase after Atlantic Equities upgraded the stock to 'overweight'.
- Investing.com
5 big analyst picks: Ford and Coinbase riding high on upgrades
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Ford, Coinbase, Constellation Brands, Equitrans Midstream , and Boston Beer. Ford (NYSE:F) shares climbed nearly 3% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $13.00, as InvestingPro reported in real time.
- Motley Fool
3 Cathie Wood Stocks Expected to Rise 245% to 980% Over the Next Few Years
Despite some bold predictions, investors should not discount the possibility of earning outsize returns in these stocks.
- CoinDesk
Bitpanda Partners With Coinbase to Help Europe’s Banks Offer Crypto to Customers
Coinbase will use Bitpanda Technology Solutions, a business-to-business infrastructure layer provider, to connect directly into banks and fintechs.
- CoinDesk
Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to influence U.S. policy.
- CoinDesk
Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It?
Strike, Coinbase and others have intimated they may leave the United States due to regulatory pressure. But those may be empty threats.
- CoinDesk
U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood
Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin
- CoinDesk
First Mover Americas: Interest in Staking Ether Ramps Up
The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
- CoinDesk
MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg
Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.
- Motley Fool
Coinbase points the finger
While the best case scenario for cybersecurity is to stop attacks before they happen, Coinbase is planning for the worst. The company is...
- CoinDesk
Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies
Crypto exchange giant Coinbase (COIN) says it loves Canada, where the rules have been set out and companies are able to engage with the regulators, compared with the U.S.’s lack of clarity and regulation by enforcement for the industry. It’s no secret that Coinbase is currently at loggerheads with the Securities and Exchange Commission (SEC), which has warned the exchange that its going to be targeted with an enforcement action for violating securities laws. Meanwhile, Canada is also putting pressure on the industry through its Pre-Registration Undertaking (PRU) regime for crypto exchanges, which saw several large players depart from the country, most notably Binance, the largest exchange group by volume.
- CoinDesk
Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S.
The new service is expanding access to the U.K., Germany and Ireland.
- CoinDesk
Indian Authorities Asked to Restore Crypto Exchanges' Access to UPI
India's government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry.
- Motley Fool
Unleash Your Crypto Potential: Why Coinbase and Riot Are the Top Picks for Investors Seeking Cryptocurrency Exposure
Want exposure to cryptocurrencies without the risks of actually owning them? Look no further than these two companies.
- Bloomberg
Coinbase’s SEC Risk Makes MicroStrategy a Better Bet, Berenberg Says
(Bloomberg) -- MicroStrategy Inc., a software maker that’s better-known for being the largest public holder of Bitcoin, looks like a stronger bet for investors to make when compared to cryptocurrency-trading platform Coinbase Global Inc.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersHere’s How Much Wealth You Need to Join the Richest 1% GloballyDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leav
- Bloomberg
SEC Urges Judge to Reject Coinbase Demand for Explanation
(Bloomberg) -- The US Securities and Exchange Commission asked a judge to deny Coinbase Global Inc.’s request to compel the agency to respond to a rule-making petition the company submitted last year focused on how securities laws apply to cryptocurrency.Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt Deadlock Spurs Late-Day Slide in US Stocks: Markets WrapGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesChicago’s Empty Off
- Motley Fool
Coinbase Shatters Expectations: Here's Everything Investors Need to Know
Coinbase's first-quarter report reveals surprising insights, but is it a smart buy for investors right now?
