About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

Remote-First-Company/PORTLAND, Ore.--(BUSINESS WIRE)--Coinbase Global, Inc. (“Coinbase”) (Nasdaq: COIN) today announced its intention to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Coinbase also expec ...

The Bitcoin BTC bull rally is in full swing as the cryptocurrency reaches another all-time high. Bitcoin popped on Monday, rising roughly 5% to settle above $72,300 just days after smashing 2021's peak.Amid the renewed excitement around crypto, Coinbase COIN has seen its shares recover to a level not seen since the exchange went public in 2021. Since the company smashed expectations in its February earnings report, COIN is up nearly 60%.The stock had been hammered after the 2021 bull market cooled off. It w ...

Between the COVID-19 stimulus programs that saw the printing of approximately 20% of all dollars ever created, the still-high inflation and matching interest rates, and the stock market nonetheless riding relatively high, 2023 was marked by concerns about a possible recession or stagflation, and questions if the U.S. economy will achieve the much-discussed soft landing.Such worries were largely eliminated by the start of 2024 as a euphoria, driven by a massive crypto market rally and a similar stock market ...

Coinbase Global, Inc. (COIN) ended the recent trading session at $254.17, demonstrating a -0.95% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.11%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech-heavy Nasdaq depreciated by 0.41%.Coming into today, shares of the company had gained 80.73% in the past month. In that same time, the Finance sector gained 4.89%, while the S&P 500 gained 2.7%.The investment community will be closely monitor ...

Crypto-related stocks are on the rise today, as Bitcoin (BTC) continues to surge, earlier hitting a record peak of $72,398. The pop came after the U.K.'s financial regulator said it will now allow recognized exchanges to list crypto-backed exchange-traded notes. Both Coinbase Global Inc (NASDAQ:COIN) and MicroStrategy Inc (NASDAQ:MSTR) are soaring in response.Coinbase stock today received a lofty price-target hike from Jefferies to $245 from $160. At last check, COIN was up 4.9% at $267.83, and hit a two-ye ...

Key PointsShares have been rallying hard for more than a year now, and the outlook remains strong.As Bitcoin has come roaring back, stocks like Coinbase are incredibly well-positioned to do well.However there are some concerns about its current valuation, so manage risk appropriately. 5 stocks we like better than Coinbase GlobalA triple-digit percentage move upwards in little more than a month should tell you everything you need to know about how Wall Street is looking at Coinbase Inc NASDAQ: COIN these day ...

Coinbase (NASDAQ:COIN) stock is moving on Monday as investors react to Ark Invest CEO Cathie Wood dumping $149.85 million worth of the crypto exchange company’s stock.This saw Ark Invest sell more than 580,000 shares of COIN stock last week. That came about as a reaction to COIN shares increasing in value alongside the latest crypto boom.Part of Ark Invest’s guidelines include not having a single stock make up more than 10% of its value. Considering the increase in price of COIN stock recently, a selloff wa ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

The price of Bitcoin (BTC) briefly topped $70,000 on Mar 8 for the first time. It is, however, currently trading below its record high of $68,982.20. Nonetheless, the price of the flagship cryptocurrency has surged significantly this year after a phenomenal 2023, gaining more than 150%.Moreover, some cryptocurrency bulls are now expecting the price of Bitcoin to touch $100,000 soon. In reality, 3iQ Corp’s director of research, Mark Connors, expects the price of Bitcoin to reach the $100,000 mark before the ...