Coinbase stock could sink all the way back to $60 – analyst says
Piper Sandler downgraded Coinbase Global Inc on Wednesday. Analyst Patrick Moley cited regulatory uncertainty for dovish view. Coinbase stock has gained close to 60% over the past thirty days. Coinbase…
Coinbase files to have the lawsuit by the SEC dismissed for lack of merits
Coinbase accuses the SEC of allowing it to go public with the same digital assets listed and later claiming to be unregistered securities. Coinbase’s lawsuit comes days after Binance’s motion…
2024 election could play a key role in crypto regulation, says Coinbase CEO
Key takeaways Brian Armstrong believes next year’s presidential election could be crucial to the crypto industry’s regulation. He pointed out that the crypto industry needs clear regulatory guidelines. 2024’s presidential…
Coinbase may be losing retail crypto traders to Robinhood: Mizuho
Mizuho analyst says Coinbase may be losing share in retail crypto trading. Dan Dolev continues to see downside in the crypto exchange to $27 a share. Coinbase stock is currently…
Coinbase partners with Bitkey Wallet to promote Bitcoin self-custody
Coinbase’s partnership with Bitkey, Block’s self-custody bitcoin wallet, will span six continents. The platforms will integrate Coinbase Pay to allow users buy/sell or transfer Bitcoin to their Bitkey self-custody wallet.…
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a…
Coinbase CEO sold big chunk of company shares a day ahead of SEC complaint
Brian Armstrong sold over 29,000 shares ahead of SEC lawsuit. Fox Business journalist says the sale was perfectly legal. Coinbase shares are currently down 35% versus their YTD high. Shares…
On-chain report: Where are funds moving after SEC sues Coinbase? Ether outpacing Bitcoin withdrawals
Key Takeaways The SEC sued Binance on Monday and Coinbase on Tuesday 5% of Coinbase’s Ethereum balance was withdrawn Tuesday, with around 3% of Binance’s reserves withdrawn Overall, the movements…
US SEC sues Binance and Coinbase, but Bitcoin remains above $26k
Key takeaways Bitcoin maintains its value above $26k despite the FUD surrounding Binance and Coinbase. The resilience of the market could prove beneficial to new projects like AltSignals. The cryptocurrency…
Cathie Wood boosts stake in Coinbase stock despite SEC lawsuit
The U.S. SEC sued Coinbase Global for violating securities laws this week. Wood bought $21 million worth of Coinbase stock on consequent sell-off. Coinbase stock is currently up nearly 60%…