The latest trading day saw Coinbase Global, Inc. (COIN) settling at $235.03, representing a -0.39% change from its previous close.
NEW YORK (Reuters) -Coinbase launched on Thursday a $2 million ad campaign targeted toward Latino voters and consumers, the company told Reuters, as the crypto industry makes moves this U.S. election cycle to put friendly lawmakers into office. The ad campaign comes on top of tens of millions of dollars the crypto industry has already spent in U.S. elections this year, targeting down-ballot races to defeat those pushing for more regulation. The new ad from Coinbase aims to promote crypto alternatives to sending remittances, and features a young man who sends money to his grandmother in Mexico.
Stocks like Interactive Brokers Group, Inc. (IBKR), Coinbase Global, Inc. (COIN), NVIDIA Corporation (NVDA), Robinhood Markets, Inc. (HOOD) and Hut 8 Mining Corp. (HUT) are likely to benefit once the Bitcoin rally resumes.