Coinbase (Coin), one of the world’s largest cryptocurrency exchanges, recently reported a net loss of $2.62 billion for the fourth quarter of 2022. This loss was largely due to a $1.7 billion write-do...
Tag: Coinbase
Bitcoin, crypto prices sink for second day; Coinbase down as markets look to Fed minutes
Cryptocurrency and stocks dipped as the focus turned to the release of the U.S. Federal Reserve’s January meeting minutes later today. Bitcoin was trading at $23,700 by 11.20 a.m. EST, do...
IEX Talks With Coinbase To Build Regulated Crypto Exchange
According to a new report from Fox Business, US-based stock exchange IEX is in discussions with Coinbase to potentially create a fully regulated cryptocurrency platform. The plans first involved the ...
Coinbase Beats Earnings Expectations – Crypto Briefing
Key Takeaways Coinbase reported higher earnings than expected yesterday. The company made $604 million in revenue in the final quarter of 2022, beating the $590 million it had earned in the third quar...
Coinbase maintains strong position after revealing Q4 results
Coinbase recently released its Q4 2022 earnings to market players and shareholders. The exchange has experienced an upward tick in its share prices after the release. During the quarter, Coinbase repo...
Coinbase Revenue Falls Short: What Happened?
Coinbase, one of the leading cryptocurrency exchanges in the world, has released its shareholder letter for the fourth quarter and full-year 2022. The company’s performance in 2022 was a mixed bag, wi...
Coinbase Beats Analyst Revenue Expectations But Stock Still Falls
America’s largest centralized crypto exchange, Coinbase, reported its fourth-quarter earnings this week. The firm has beat analyst expectations but is not out of the woods yet. On Feb. 21, Coinbase re...
Coinbase, Palo Alto Networks, Toll Brothers and more
Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Check out the c...
Coinbase earnings beat thanks to USDC interest income, analysts say
Coinbase’s fourth-quarter revenue beat estimates thanks to USDC interest income, analysts said. Interest income for the quarter came in at $146 million, up more than 100% from the previous...
Coinbase in talks to create a federally regulated crypto exchange
Amid the heightened regulatory scrutiny over the cryptocurrency sector following the implosion of FTX and the resulting wide-reaching market collapse, Coinbase and IEX are reportedly considering teami...
Coinbase Updated Q4 Revenue, Transaction Volume Continues to Drop
5 hours ago | 2 mins read Editors News Coinbase reported a $557 million net loss. In the fourth quarter, the company reported 8.3 million monthly transactional users. Cryptocurrency exchange Coinbase ...
Coinbase is not competing with Robinhood’s stock trading function
Coinbase, one of the most popular crypto exchanges, recently revealed how much negative impact the past 12 months have incurred. Coinbase boasts the capability of becoming the most popular crypto exc...
Coinbase Releases Fourth Quarter and Full Year 2022 Shareholder Letter
REMOTE-FIRST-COMPANY/LOS ANGELES–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2022 shareholder letter. The letter...
Coinbase saw 66% decline in transaction revenue in 2022 but remained “resilient”
Ad Coinbase published its end-of-year shareholder letter today, Feb. 21, in which it described its financial standing for the previous quarter and for the entirety of 2022. Coinbase publishes revenue,...
Coinbase, Palo Alto Networks, Caesars, Toll Brothers
Coinbase (COIN) Coinbase Global shares jumped after the crypto exchange’s fourth-quarter revenue of $629.1 million came in above Wall Street expectations of $581.1 million. The bar was set relatively ...
Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year
Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...
Euro-backed stablecoin, Euro Coin set to trade on Coinbase
Support for Euro Coin (EUROC), a euro-backed stablecoin, will go live on Coinbase in regions where trading is supported, the exchange said on Twitter. Trading is slated to begin on or after 9 a....
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, acco...
Cyberattack Against Coinbase Exploiting Employees Info Countered
Leading US crypto exchange Coinbase recently reported witnessing a cyberattack. Not fatal in monetary terms or compromising users data, though the attack was enough to spread trembles within the compa...
Ark Invest Purchased Total of 133,321 Coinbase Shares Last Week, COIN Up 17% on Friday
Ark Invest increased its Coinbase shares holding via its two ETFs, ARKK and ARKW, spending more than $20 million on COIN since January. ARK Investment Management LLC (Ark Invest) is already enjoying d...
250,000,000,000 Shiba Inu and 2,500 Ethereum Sent to Coinbase in Pair of Massive Transfers: PeckShield
A leading cryptocurrency analytics firm says a huge amount of Shiba Inu (SHIB) and Ethereum (ETH) is on its way to the US-based crypto exchange Coinbase. According to PeckShield’s Twitter alert accoun...
JPMorgan Lowers Coinbase Stock Price Objective From $60 to $52
2 seconds ago | 2 mins read Exchange News On Friday morning, Coinbase’s stock dropped 0.59% to $65.20. The key reasons for the change in view include continuous regulatory concerns. According to a rep...
Arbitrum Now Available on Coinbase, ARBI Airdrop Talk Heats Up
Gamza Khanzadaev ARBI airdrop maybe on way as Arbitrum is now supported network on Coinbase Ethereum Layer-2 scalability solution Arbitrum One has announced that its network is now integrated with Coi...
Coinbase Revenue Could Plunge More Than 75% Amid Crypto Slump
Coinbase Global, Inc. (COIN), the second-largest cryptocurrency exchange by trading volume, likely logged a fourth consecutive quarter of losses as transaction revenue plummeted and crypto prices stag...
Bankrupt Voyager transfers 250 billion Shiba Inu to Coinbase
Ad New data suggests that the bankrupt lender Voyager Digital is moving large amounts of Shiba Inu (SHIB) tokens to Coinbase. According to Peckshield, a blockchain cybersecurity firm, Voyager Digital ...
Cathie Wood Says She’s Bullish on Bitcoin (BTC), Tesla, Coinbase, and AI
As the interest rate hiking cycle of the United States Federal Reserve draws to a close, Cathie Wood, founder, and CEO of Ark Invest, is of the opinion that growth stocks and innovation-based strategi...
Hong Kong’s Crypto Trading Launch Makes Coinbase CEO Question the US Position
Hong Kong’s position as an upcoming hub of crypto businesses is being increasingly noticed and discussed in the relevant circles. In a tweet, Coinbase CEO Brian Armstrong referred to the city-state to...
Dutch Bank Fines Coinbase, Requires Over $3 Million
The Dutch Central Bank has thrown a $3.6 million penalty fee at Coinbase for allegedly failing to meet the region’s registration requirements prior to offering digital currency services in the Netherl...
Coinbase CEO Brian Armstrong Demands For Clear Crypto Regulations
Gary Gensler, head of the U.S.SEC has said unequivocally that the law is clear. It has been argued that Gensler’s approach to crypto regulation is flawed. Brian Armstrong, CEO of Coinbase, a cryptocur...
Bullish Pattern Sets Coinbase Stock Price To Surpass $100
Published 18 hours ago On February 15th, the Crypto exchange Coinbase stock price gave a massive breakout from a local resistance of $61.4 mark. This breakout offers buyers a significant footing to re...
Wall Street Expects Brutal Coinbase Earnings. Why an Analyst Upgraded the Stock.
Wall Street is mostly muted ahead of earnings from Coinbase Global expecting to see deep losses and the lowest quarterly sales in two years from the cryptocurrency broker when the group reports earnin...