Coinbase Global Inc. late Thursday reported a wider quarterly loss and a 54% drop in revenue, saying the headwinds for its business will continue and likely intensify next year. Coinbase Read more
Tag: Coinbase Global Inc.
Wall Street is being nicer on earnings as vaccine makers, fintech reports near
With a downcast earnings season passing the halfway mark, results from financial-technology and vaccine makers will arrive this week amid questions about consumer spending and demand for COVID-19 drugs. As Read more
Matt Damon crypto ad turns one. How much you would’ve lost if you invested then
Remember that Crypto.com commercial titled, “Fortune Favors The Brave” that featured movie star Matt Damon? In case you don’t, here’s a refresher. Damon did a now-infamous commercial for the cryptocurrency Read more
Should you stake ether, when U.S. Treasuries are yielding more ?
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Will bitcoin continue to outperform stocks for rest of the year?
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Bitcoin miners see revenue tumble 80% from peak. Can they all survive?
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Crypto companies and funds rally as bitcoin rises, Dow jumps 700 points
Major crypto-related stocks and funds rallied Tuesday as bitcoin climbed 3%, and the Dow Jones Industrial Average DJIA jumped more than 700 points. The largest cryptocurrency BTCUSD is trading at Read more
Futures exchange CME considers brokerage, taking cue from crypto rival FTX
CME Group Inc. criticized crypto exchange FTX’s plan to cut out the middlemen in the futures markets. Now, the Chicago exchange giant is taking a step in the same direction. In August, Read more
Crypto CEOs are leaving their jobs. Here’s why
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more
Coinbase earnings have Wall Street wondering whether crypto company is too optimistic or misunderstood
Coinbase Global Inc. executives remain optimistic about the long-run promise of their cryptocurrency platform, but they admitted Tuesday that current challenges in the crypto market are likely to persist. After Read more