Shares of Coinbase Global Inc (COIN) have lost 15.3% year to date against the industry's increase of 7.2% and the Zacks S&P 500 composite's increase of 13.2% in the said time frame. The performance of COIN largely depends on market volatility, which, in turn, impacts trading volume. The highly volatile crypto market experienced a downturn recently. While Bitcoin, the largest cryptocurrency, lost nearly 4%, Ethereum, the second-largest cryptocurrency, lost about 6% at Friday's close. The recent job report re ...

Stablecoins and blockchain infrastructure will be a big business for Coinbase. Coinbase (COIN -7.73%) is known as a cryptocurrency exchange, but its future could be defined by innovations on the blockchain. In this video, Travis Hoium shows how even Visa (V 0.27%) is taking the innovations Coinbase is bringing to market seriously. *Stock prices used were end-of-day prices of Sept. 5, 2024. The video was published on Sept. 6, 2024. ...

SAN ANSELMO, CALIFORNIA - JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency without registering with the Securities and Exchange Commission. (Photo Illustration by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images Cryptocurrency ...

A proposed class action lawsuit brought against Coinbase by shareholders is reportedly moving forward. The cryptocurrency exchange's bid to have the suit dismissed was rejected Thursday (Sept. 5) by U.S. District Judge Brian Martinotti, Reuters reported Friday (Sept. 6). The shareholders allege that Coinbase downplayed the likelihood that it would be sued by the Securities and Exchange Commission (SEC), according to the report. Later, when the SEC sued the firm on June 6, 2023, accusing it of operating an u ...

Although the stock market continues to struggle with bearish sentiment, and the weaker-than-expected labor market report failed to ease investors' fears about the United States economy, some stocks have the potential to join the exclusive society of the S&P 500 index (SPY) next year. Indeed, The S&P 500 Index, or The Standard and Poor's 500 Index, is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S. but also includes other criteria besides market cap, and these thre ...

Coinbase Global, Inc. (NASDAQ:COIN) Citi's 2024 Global TMT Conference September 4, 2024 1:20 PM ET Company Participants Alesia Haas - Chief Financial Officer Conference Call Participants Pete Christiansen - Citigroup Pete Christiansen Good afternoon. Thanks for joining. My name is Pete Christiansen. I'm on Citi's equity research team covering a bunch of areas, including fintech and crypto. Thanks for joining us today. I'm thrilled to have Alesia Haas, Chief Financial Officer of Coinbase here to discuss what ...

Coinbase Global, Inc. (NASDAQ:COIN) Citi's 2024 Global TMT Conference September 4, 2024 1:20 PM ET Company Participants Alesia Haas - Chief Financial Officer Conference Call Participants Pete Christiansen - Citigroup Pete Christiansen Good afternoon. Thanks for joining. My name is Pete Christiansen. I'm on Citi's equity research team covering a bunch of areas, including fintech and crypto. Thanks for joining us today. I'm thrilled to have Alesia Haas, Chief Financial Officer of Coinbase here to discuss what ...

Inclusion in the S&P 500 could give this already-hot group of tech stocks a shot in the arm. Ever wondered why some stocks are in the S&P 500 and others aren't? Well, it turns out there's a very specific set of criteria that must be met for a stock to gain entry into the index, which will be revealed below. But now, three Fool.com contributors will name their top stocks that could be added to the index by 2025. Let's dive right in. Palantir meets all the criteria for inclusion in the S&P 500 Jake Lerch (Pal ...

Coinbase continues to be lifted by the state of the crypto market. The highest-flying digital assets certainly receive a lot of attention from investors. For those who aren't ready to fully jump in, owning a business like Coinbase (COIN -2.61%) might be an idea worth considering. But even this top crypto enterprise has taken investors on a volatile journey. The company's shares skyrocketed 391% in 2023 before rising 19% so far this year (as of Aug. 26). However, they trade 42% below their peak price from th ...

NEW YORK, Aug. 31, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Coinbase Global, Inc. (NASDAQ: COIN) resulting from allegations that Coinbase may have issued materially misleading business information to the investing public. So What: If you purchased Coinbase securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...