Cryptocurrency markets are showing signs of life this Wednesday as Bitcoin and Ethereum manage to hold support and register single-digit percent gains. Bitcoin is trading at $24.1k, and Ethereum is up...
Tag: Coinbase
Coinbase Reports Over $1 Billion in Losses During Q2
In June, Coinbase shared an earnings report that worried investors, citing market conditions as the primary reason behind the drop in figures. At the time, Coinbase representatives assured investors t...
Coinbase Records $1B Loss as Crypto Trading Volume Plummets
Coinbase, the largest cryptocurrency exchange in the U.S. by volume, has posted a loss of more than $1.1 billion for the second quarter. The publicly-listed exchange fell short of its target for the q...
Wendy’s, Coinbase, Buzzfeed and more
Check out the companies making headlines before the bell: Wendy’s (WEN) – Wendy’s shares fell 1% in premarket trading following a mixed quarter, which saw the restaurant chain report bette...
Crypto Rout On Trading Volumes Costs Coinbase $1.1 Billion In Losses
Crypto exchange Coinbase disclosed a $1.1 billion loss on revenue of $803 million in the second quarter, a bigger-than-anticipated loss as investors apprehensive about this year’s volatility in assets...
GraniteShares launches an ETF on Coinbase- The Cryptonomist
Following the SEC’s approval, the company launched the 1.5x Long COIN Daily ETF (CONL) on the market on the same day as Coinbase reported its Q2 data. GraniteShares and the launch of the new leveraged...
Coinbase stock nosedives 10% after reporting a $1.1 billion loss
Coinbase Global (NASDAQ: COIN) slid 10% during the trading session on August 9 after the cryptocurrency trading platform released earnings, revealing that there was less trading volume and a reduced n...
Crypto Exchange Coinbase Reports $1 Billion Loss in Q2, COIN Stock Tanks 10%
On Tuesday, August 9, crypto exchange Coinbase (NASDAQ: COIN) reported its earnings for the second quarter of 2022. During Q2, the company reported a loss of a staggering $1 billion. Coinbase’s loss p...
Coinbase records $1 billion loss in Q2
Coinbase has announced its financial returns for the second quarter of 2022. In the financial statement, the crypto exchange posted a loss of more than $1 billion to end the quarter. According to its ...
Bitcoin Demand on Coinbase Stacked, Flashing March 2020 Bottom Vibes, According to Popular On-Chain Analyst
Widely followed on-chain analyst Will Clemente says Bitcoin (BTC) buy orders on crypto exchange Coinbase are reminiscent of BTC’s bottom in March 2020. Clemente tells his 657,400 Twitter followers tha...
Ark Invest Analysts Share Bullish Outlook for Coinbase, Block
Bitcoin’s price could surge between $200,000 and $500,000 if institutions together allocated between 2.5% and 6.5% of their portfolios to BTC, Ark found Block’s Cash App tipped to enjoy long-term grow...
Coinbase CEO Brian Armstrong says ‘the more regulation there is for crypto, the better it is for Coinbase’
Coinbase CEO Brian Armstrong said on an Aug. 9 earnings call that the company is keen to see “common sense frameworks for regulation” next year within the United States. Armstrong said there has been ...
Coinbase Execs Face Lawsuit From Shareholder
Key Takeaways A shareholder has filed a derivative lawsuit against Coinbase executives over the company’s 2021 public listing. The suit alleges that mismanagement disrupted Coinbase’s R...
Coinbase Stock Down About 5% After Missing Projections Again
Coinbase reported $803 million in revenue, down from $1.17 billion in Q1 Total quarterly trading volume was $217 billion, about a 30% decrease Crypto exchange Coinbase reported $803 million in revenue...
Coinbase reports $1.10B loss in Q2 as assets on exchange slump
Coinbase Global’s second-quarter results show that the crypto exchange recorded a net loss of $1.10 billion during the period. This compares to a loss of $430 million in the first quarter and a net in...
Should you buy Coinbase stock on post earnings weakness?
Coinbase Global Inc (NASDAQ: COIN) is extending losses after the bell following the release of its Q2 report that hardly had any bright spot. The stock lost 11% heading into the earnings print on Tues...
Ark Investment CEO Mentions SEC’s Influence on Selling Coinbase Shares
The investment company still holds about 7.1 million shares of the crypto exchange. The founder and CEO of asset management company Ark Investment, Cathie Wood, recently discussed how the SEC influenc...
Coinbase, Roblox, Sweetgreen, The Trade Desk, Wynn Resorts
The top trending after-hours tickers on Yahoo Finance: Coinbase (COIN): Shares of the cryptocurrency exchange fell in after-hours trading after reporting a wider-than-expected loss and a 63% drop in r...
Stocks making biggest after hour moves: Coinbase, Roblox and more
In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in after hours tr...
Ethereum Layer 2s Could Take Revenue From the Blockchain as They Become More Competitive: Coinbase
Coinbase says that if more user activity moves to layer 2s and those blockchains need their own tokens to enable transactions, that could reduce the staking yields to Ethereum validators , cutting the...
BlackRock & Coinbase May Trigger The Bitcoin Burst to 773,000 USD
The crypto market is going through a severe time zone falling into the ‘CryptoWinter’ zone. Analysts and investors across the globe are studying the patterns to make a future prediction about the chil...
Two more lawsuits for Coinbase: Law decoded, Aug. 1–8
The Coinbase drama, which started at the end of July, continues with new developments. Last week, former Coinbase Global product manager Ishan Wahi pleaded not guilty to two counts of wire fraud consp...
Coinbase Deal with BlackRock Could Lead To An Explosion In The Bitcoin Price, Claims Analyst – Coinpedia – Fintech & Cryptocurreny News Media
Popular crypto Analyst, anonymously known as InvestAnswers, took to his Youtube Channel to break down the possibility of a Bitcoin explosion to $773,000 with the recent partnership between Coinbase an...
XRP Might Be A Sneaky Winner In BlackRock Coinbase Deal; Here’s Why
BlackRock Inc entered into a partnership with Coinbase Global Inc in a bid to provide digital asset exposure to its users. However, an expert suggests that this deal is a win-win situation for Ripple’...
Citi Analyst Thinks Coinbase Stock Price Likely to Boost Following ‘The Merge’
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BlackRock and Coinbase Deal Could Trigger Bitcoin Burst to $773,000, According to InvestAnswers
A popular crypto analyst is breaking down how the partnership between two financial giants could trigger a Bitcoin (BTC) explosion to $773,000. Last week, US-based crypto titan Coinbase announced that...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Banking Titan Citi Says Ethereum Merge Could Boost Crypto Exchange Coinbase Stock Price: Report
Banking giant Citi reportedly says that Ethereum’s (ETH) upcoming transition to proof-of-stake expected next month could be bullish for the stock of Coinbase, the largest crypto exchange in the US. Ac...
Coinbase Rises ahead of Second-quarter Earnings Report
Shares of cryptocurrency exchange Coinbase have been rising recently this week, although they are still down nearly 70% from the beginning of 2022. Coinbase shares rose 10% on Thursday after BlackRock...