Coinbase Global Inc. stock COIN, +15.06% slid 2.8% in premarket trade Tuesday, after the crypto exchange said it’s cutting 950 jobs in a cost-cutting effort required given the current gyrations Read more
Tag: Coinbase
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation”: Coinbase CEO says after FTX downfall
“This is an opportunity for the United States to really be the one to put out some more of this clear regulation.” — Brian Armstrong, Coinbase CEO The U.S. needs Read more
Coinbase stock plunges on news of Binance-FTX merger, which sets up ‘seismic’ change in competition
Shares of Coinbase Global Inc. tumbled in active trading Tuesday as the cryptocurrency platform faced concerns over increased competition from the Binance-FTX merger deal. The stock COIN, -12.05%, which was Read more
Coinbase prepares for likely worse 2023, Q3 revenue drops more than 50%
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
Coinbase prepares for likely worse 2023, Q3 revenue drops more than 50%
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
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
Coinbase: A Bitcoin Startup Is Spreading Out to Capture More of the Market
The price of bitcoin skyrocketed in the year 2017. Coinbase, one of the world’s largest cryptocurrency exchanges, was in the right place at the right time to capitalize on the Read more
Coinbase confirms SEC probe, says listing process, staking programs under review
Coinbase Global Inc. COIN, +7.37% said it has received investigative subpoenas and requests from the U.S. Securities and Exchange Commission, pointing to potential further pressure facing the crypto exchange, after Read more
Coinbase executives see crypto winter continuing, stock falls after earnings show $1.09 billion net loss
Shares of Coinbase Global Inc. fell 5% in after-hours trading Tuesday after the cryptocurrency exchange said volumes and monthly user counts could be lower in the current quarter than what Read more
‘Never take financial advice from Jim Cramer!’ CNBC host criticized over Coinbase call
Jim Cramer was the target of ire on social media on Friday after crypto trader Coinbase’s stock shot up just a week after the CNBC finance guru warned of an Read more
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