COIN
Cathie Wood's Ark goes on massive $59 million stock buying spree amid crypto carnage
Cathie Wood’s ARK Invest added to Coinbase, Bullish, Circle, and crypto miners during a continued drawdown that pushed listed crypto equities deeper into the red.
Analysis: Coinbase's Armstrong Made Prediction Markets Look 'Fun.' Bill Ackman Made Them Look Real
A Coinbase CEO prank resolved one market with a single sentence. Ackman’s warning about “rigged odds” in a $22 million Polymarket election shows the opposite: it now takes institutional-scale money to move prices even 10%.
Coinbase Slides Nearly 20% in Worst Weekly Performance Since September 2024
Traders are increasingly seeking downside protection in Coinbase options.
Coinbase Recovers to Listing Day Valuation. What Next for COIN?
Shares in Coinbase recently surged to $380, reaching valuations last seen during its Nasdaq debut in April 2021.
Coinbase Shares Jump 8% on S&P 500 Inclusion
The company is set to join the broad-market stock index on May 19, replacing Discover Financial.
Analysis: Coinbase Is Buying Bitcoin, Just Don’t Call It a Treasury Strategy.
Coinbase has bitcoin on the balance sheet, but management wants to be clear it's not taking the Michael Saylor/MSTR approach.
Is Optimism's 'Superchain' Winning the Ethereum Layer-2 Race?
One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where teams encouraged developers to clone their code to spin up new layer 2s. Now, one project in particular, Optimism, appears to be pulling away as the clear leader.
Coinbase Shares Slump After Big Q3 Earnings Miss on 'Softer' Market Condition
The exchange also said it will buyback up to $1 billion of its shares, depending on the market conditions.
Coinbase, Robinhood Upgraded by Barclays Analyst, Citing 'Matured' Business Models
Both stocks opened the day higher after the British bank published its upgrade overnight.
How Coinbase Shares Reacted to Q2 Earnings
Crypto exchange Coinbase reported a $36 million profit in Q2, substantially down from the $1.2 billion registered in the first quarter of 2024. According to Kaiko data, revenues were lower than estimated despite exceeding market expectations, and retail volume declined faster than institutional volume. The results sent the price of COIN down 16% for the week. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
