Stocks

Stocks

Markets

BTIG Initiates Coinbase Coverage With $500 Price Target

BTIG expects COIN to reach $500, calling it the "gold standard among digital asset exchanges."

Coinbase CEO Brian Armstrong opposes the infrastructure bill's tax provision.

Markets

The Node: Coinbase Is the Listing to End All Listings

Coinbase is the first of many crypto startups to go public. But, as crypto continues to eat traditional finance, will those listings matter?

Nasdaq composite screens

Finance

Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing

Michael Saylor’s MicroStrategy was up 18.5% in global markets. His firm’s bitcoin proxy stock wasn’t alone in seeing green.

gilly-wcWN29NufMQ-unsplash

Markets

Coinbase Gives 100 Shares Each to 1,700 Employees Ahead of Public Listing

With Coinbase's stock opening at $250 per share, the gift amounts to a $25,000 thank-you note to each worker.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

Binance Allows Users to Trade Tokenized Stocks Starting With Tesla

Users will be able to purchase as little as one-hundredth of a Tesla share, with prices settled in Binance USD (BUSD).

Binance CEO Changpeng "CZ" Zhao

Markets

Bitcoin Decoupled From Stocks in Q1 as Institutional Demand Strengthened: CoinDesk Research

Bitcoin decoupled from stocks and gold but remains inversely correlated to the U.S. dollar.

Bitcoin's correlation with the Standard & Poor's 500 Index of U.S. stocks has declined to zero.

Finance

Coinbase's COIN Stock to Go Live on Nasdaq April 14

The COIN ticker is coming to public markets soon, Coinbase announced Thursday.

Coinbase CEO Brian Armstrong (CoinDesk)

Markets

Why Bitcoin Is a Better Risk Bet Than a Stack of Penny Stocks

Volatility is a measure of risk, and that's often measured in relation to returns. By that measure bitcoin is a beast so far this year.

Penny on its side resting on a stock fluctuation chart

Markets

Crypto Mining Stocks Could Keep Beating Bitcoin in 'Modern-Age Digital Gold Rush'

Crypto mining stocks could deliver amplified returns during a bitcoin bull market, according to FundStrat research.

BTC Miners Performance

Markets

This (Small-ish) Swiss Cybersecurity Stock Jumped 80% After NFT-Related Press Release

WISeKey's stock surged nearly 70% after it mentioned NFT in its press release, which is unusual for the small firm.

WKEY price rally