Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation.The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two sources familiar with the matter who requested anonymity as deliberations are ongoing and private. Coinbase’s work on its comeback follows a tumultuous history in the ...

Coinbase Global Inc. (COIN) is expected to register an improvement in its top line but a decline in its bottom line when it reports fourth-quarter 2024 results on Feb. 13, after the closing bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The Zacks Consensus Estimate for COIN’s fourth-quarter revenues is pegged at $1.6 billion, indicating 67.2% growth from the year-ago reported figure.The consensus mark for earnings is pegged at 87 cents per share. The Zacks Consensus Estimate for CO ...

Reflecting on the fourth quarter of 2024, the U.S. service sector maintained strong momentum, benefiting from economic stability and continued expansion in non-manufacturing activities. Key growth drivers included the accelerating AI revolution, rising demand for cost efficiency, and an increased emphasis on regulatory compliance. Digital transformation remained pivotal, reshaping business operations and enhancing service delivery.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.A numb ...

Core Viewpoint - The 2024 Q4 earnings season is showing strong results, particularly for companies like Robinhood (HOOD) and Coinbase (COIN), driven by increased crypto trading volumes [1] Group 1: Robinhood (HOOD) - HOOD shares have gained over 50% since the start of the year, significantly outperforming the S&P 500, aided by a positive finance sector performance [2] - Analysts have raised the EPS estimate for HOOD to $0.42, reflecting a nearly 70% increase and suggesting a 1300% year-over-year growth [3] - Sales expectations for HOOD have risen to $941 million, up from $671 million last November, indicating nearly 100% year-over-year growth [4] - The Zacks Consensus estimate for HOOD's transaction-based crypto revenue is $311 million, which is nearly 630% higher year-over-year [5] - Monthly active users and assets under custody are key metrics to monitor, with expected increases due to a favorable trading environment [9] Group 2: Coinbase (COIN) - Coinbase, the largest U.S. cryptocurrency exchange, has a bullish outlook with the Zacks Consensus EPS estimate at $0.87, up 50% over recent months [10] - Expected sales for Coinbase are $1.6 billion, reflecting a nearly 30% increase and suggesting 70% year-over-year growth [11] - The Zacks Consensus estimate for Coinbase's transaction-based revenue is $934 million, indicating a 75% year-over-year growth despite mixed results in recent periods [13] Group 3: Overall Market Sentiment - Both Robinhood and Coinbase are positioned to benefit from the recent uptick in crypto trading and prices, with analysts becoming increasingly bullish on their earnings expectations [14]

NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Coinbase Global, Inc. (NASDAQ: COIN) breached their fiduciary duties to shareholders.  According to a federal securities lawsuit, Coinbase insiders caused the company to misrepresent or fail to disclose that (1) In 2020, the United Kingdom's Financial Conduct Authority ("FCA") had deemed efforts by CB Payments Limited ("CBPL"), part of the Coinbase Group, to ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTC-USD, ETH-USD, SOL-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I'm not an investment advisor.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommen ...

The crypto market has had a strong start to the year, continuing its upward trend from 2024. One cryptocurrency stock that could be poised for significant growth is Coinbase (COIN -0.15%), which is up over 8% this year as I write this. For the past year, its returns are about five times higher than those of the S&P 500.Coinbase is the largest U.S. crypto exchange by trading volume, and it tends to perform well during crypto's bull markets. Here's why it could deliver impressive returns in 2025 and beyond.A ...

Stocks have pulled off a massive V-shaped rally in today's trading session. While many sectors have fought their way into the black, cryptocurrency-adjacent stocks are still feeling the pain, as Bitcoin (BTC) grapples with the prospect of President Donald Trump's tariffs. Look Out for COIN Bull NotesCoinbase Global Inc (NASDAQ:COIN) is down 1.3% to trade at $287.43 at last check, but is still 15% higher in 2025. Even though there's been rangebound trading in the last two weeks, the shares have support in pl ...

Editor's note: Seeking Alpha is proud to welcome Omer Cheema as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.Omer Cheema is a seasoned technologist with extensive experience across the tech industry. His expertise spans consumer electronics, semiconductors, and the ever-evolving world of cryptocurrency. Omer combines technical insights with a deep und ...

Coinbase Global, Inc. (COIN) closed at $281.82 in the latest trading session, marking a +1.38% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.92% for the day. At the same time, the Dow added 0.31%, and the tech-heavy Nasdaq gained 2.03%.The company's shares have seen an increase of 8.78% over the last month, surpassing the Business Services sector's gain of 2.44% and the S&P 500's gain of 0.81%.The investment community will be paying close attention to the earnings per ...