Coinbase shares rise 3% as Q2 crypto trading doubles from last year
Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year. Go to Source
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Coinbase has marked its third consecutive quarter in the black, with its net revenue and trading volumes jumping 108% and 145%, respectively, from the prior year. Go to Source
The Solana-based memecoin $TEA has just been listed on MEXC, marking a significant milestone for the project. With major releases like TEA-Swap, TEA Staking, and LP Farming already accomplished, $TEA is gaining traction in the crypto community. The project’s roadmap is packed with exciting developments, including TEA-TAP, TEA RWA, and TEA STAR. $TEA just got … Read more
The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges. Go to Source
POPCAT, a meme coin built on the Solana blockchain, has recently grabbed the attention of mainstream traders with a dramatic 117% price surge since July 11th. Such rapid increases often draw significant market interest but can also signal an impending correction, offering potentially better entry points for investors. 😺 POPCAT has drawn attention from mainstream … Read more
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in the same period, Marathon Digital Holdings’ shares have dropped more than 28% … Read more
On Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s … Read more
Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase … Read more
In a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto exchange’s revenue potential and operational strides toward profitability. Goldman Sachs Shifts Gears: … Read more
Tron, the cryptocurrency known for its dynamic price movements, has recently witnessed a significant surge, leading to a remarkable scenario where almost all of its holders find themselves in profit. Reports indicate that an impressive 99% of Tron addresses, totaling 115.9 million, are currently enjoying substantial profits, with only a minuscule 1.17 million addresses breaking … Read more
Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. Go to Source