Coinbase
Analyst Cuts Price Target for Coinbase in Wake of FTX Crash
Oppenheimer Senior Analyst Owen Lau cut his price target for Coinbase from $107 to $89 in the wake of FTX's implosion. "We are actually less optimistic for the industry in the near term," he said. Plus, Lau shares his long term outlook for the digital assets industry.
What FTX's Collapse Means for Coinbase
Shares of Coinbase skyrocketed over the past week since rival crypto exchange FTX filed for bankruptcy. Cathie Wood's ARK Investment Management ETF bought 238,000 more shares worth roughly $12.1 million. Oppenheimer Senior Analyst Owen Lau discusses the FTX collapse and whether it could be a positive development for Coinbase.
DeFi Protocols Are Winning Users as Centralized Crypto Exchanges Suffer Ether Outflows
In the wake of the downfall of Sam Bankman-Fried’s FTX exchange, crypto traders are increasingly turning toward decentralized-finance (DeFi) protocols – as Ethereum tokens flow off big centralized crypto exchanges like Binance and OKX.
US-Listed Crypto Trading Platforms Coinbase, Bakkt Gain After FTX Bankruptcy Filing
Investors appear to be favoring more regulated and transparent platforms.
Crypto-Linked Stocks Tumble After FTX Files for Bankruptcy
Bitcoin and ether both fell about 6% following the Chapter 11 filing Friday morning.
Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market
The crypto exchange called the latest reductions “isolated and targeted.”
Cathie Woods’ ARK Buys 238K More Shares in Coinbase Exchange Amid Crypto Rout
The purchase adds to the more than 400,000 Coinbase shares bought by ARK’s exchange-traded funds earlier this week.
Crypto Execs Ask for Clearer US Regulatory Policy After FTX Collapse
The CEOs of Coinbase, Ripple and Circle called for clearer policy framework in a tweet thread started by Sen. Elizabeth Warren.
Cathie Wood’s ARK Loads Up on COIN Despite FTX Crisis
ARK says it's buying 420,949 COIN shares, which would equate to $21 million, given current market prices.
Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX
The publicly traded crypto exchange sought to reassure customers and investors during panicky conditions on Tuesday.
