The company's second-biggest revenue driver is suddenly back in growth mode.Since its advent a little more than a decade ago, the cryptocurrency space has been volatile. Strong bull runs give way to what are known as "crypto winters." But the ice has undeniably melted in recent months, with the overall market cap of the cryptocurrency space surging to more than $2.3 trillion in 2024.As a top exchange for trading cryptocurrencies, Coinbase Global (COIN -3.24%) has been an obvious beneficiary. Shares are up m ...

Coinbase's business model continues to evolve, making it an even more attractive investment.Ever since it went public almost exactly three years ago, Coinbase Global (COIN -3.24%) has been one of the most talked about, most analyzed, and most polarizing crypto stocks. On the one hand, its price is up 209% over the past 12 months, and more than 300% over the past 24 months. On the other, naysayers assert that the stock is overvalued.Fair enough. By some metrics, Coinbase does appear to be richly valued at th ...

Strong sales growth is a beacon for investors seeking promising companies. It often indicates a product or service has struck a chord with the market, generating significant customer demand.By screening for companies experiencing high-flying sales growth, we can identify potential investment stars poised for continued success.Of course, it is also critical to convert this sales growth to earnings or profit growth.Here, I will share two stocks, with top Zacks Ranks, powerful sales and earnings growth, and ma ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Coinbase Global, Inc. (COIN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Coinbase Global, Inc. is a member of the Finance sector. This group includes 859 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by meas ...

There's a lot to Coinbase's business, and this video covers it all.Coinbase (COIN 4.59%) has been one of the best-performing stocks on the market over the past year, but how does the company make money, and what does the future look like? In this video, Travis Hoium gives investors everything they need to know.*Stock prices used were end-of-day prices of April 9, 2024. The video was published on April 10, 2024. ...

These members of Congress delivered greater returns than Warren Buffett in 2023.Warren Buffett's investment return in 2023 was around 15%. That's how much his Berkshire Hathaway stock increased. But the legendary investor didn't come close to matching the performance of a handful of elected representatives on Capitol Hill.Four members of Congress generated triple-digit returns in the stock market last year. These are the three key stocks they bought. 1. NvidiaRep. Brian Higgins, D-N.Y., saw his investments ...

Blockchain leader and Bitcoin (BTC) platform Coinbase Global (COIN) has struggled to make moves to the upside this quarter, off 19% in April and 25% off its March 25 two-year high of $283.48. COIN’s recent setback could be short-lived, if past is precedent, as the equity approaches a historically bullish trendline.Per data from Senior Quantitative Rocky White, COIN has come within one standard deviation of its 50-day moving average, after spending a lengthy amount of time above it. COIN has seen three simil ...

Shares of Coinbase Global, Inc. (COIN) have been struggling lately and have lost 9.9% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the fut ...

The most recent trading session ended with Coinbase Global, Inc. (COIN) standing at $219.28, reflecting a -1.85% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.03% gain on the day. On the other hand, the Dow registered a gain of 0.41%, and the technology-centric Nasdaq increased by 0.12%.The company's stock has dropped by 6.76% in the past month, falling short of the Finance sector's loss of 5.58% and the S&P 500's loss of 0.9%.Analysts and investors alike will be keeping ...

Equity Markets are the Master ManipulatorWhy do most active investors lose money over time? The answer is recency bias. Recency bias is the tendency for investors to emphasize recent events and price action when sizing up the market and making trading decisions. Nowhere else is the psychological phenomena of recency bias more on display than on Wall Street. When stocks pull back after an extended bullish move, investors flip on a dime, thinking the worst is ahead and a major bearish market correction loom.W ...