When stock or crypto prices go down, volumes generally dry up, especially those coming from retail traders. With the recent crypto downturn wreaking havoc with people’s portfolios, Coinbase (COIN) is feeling the heat. The company’s stock was already in a downtrend, but recent downward EPS revisions from Argus Research have only added fuel to the fire. Argus has argued that COIN stock is overvalued compared to its peers and does not merit a “Buy” rating at current high valuations. The 2026 EPS estimate has ...

Core Insights - The cryptocurrency concept stocks in the US market experienced a pre-market rally on November 28, with notable gains across various companies [2] Group 1: Company Performance - BMNR saw an increase of nearly 5% [2] - CleanSpark and Bitfarms both rose over 4% [2] - Circle experienced a rise of over 3% [2] - Coinbase increased by nearly 3% [2] - Strategy gained over 2% [2]

We’re up.We’re down.We’re sideways.Same emotional arc as Thanksgiving dinner. ...

🚨 🚨 🚨 553 #BTC (50,693,762 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/Hb1H2OybeK ...

Core Insights - Coinbase is set to showcase new products on December 17, with CEO Brian Armstrong expressing excitement about the upcoming event [1] - Potential new offerings include a prediction market in collaboration with Kalshi, a stock trading product, and an AI assistant named "Genie" [2][3] - The launch aligns with Coinbase's vision of becoming an "everything exchange," aiming to integrate various asset classes on-chain [4][5] Product Launch Details - The product showcase event is scheduled for December 17, where Coinbase will reveal its new offerings [1][3] - The prediction market powered by Kalshi is one of the anticipated products, marking the second partnership between Coinbase and Kalshi [2] - The stock trading feature aims to enhance Coinbase's competitive position against platforms like Robinhood and Kraken [2] Strategic Developments - Coinbase recently appointed Liz Martin, a former Goldman Sachs partner, as vice president of product to oversee markets and derivatives [4][5] - The company is focused on expanding its derivatives business and enhancing its global markets team under Martin's leadership [5] - Coinbase's strategy emphasizes building a comprehensive trading platform that includes stocks, prediction markets, and other assets [4]

Core Insights - The investment manager disclosed a series of pre-Thanksgiving trades through a daily trading file shared on social media platform X [1] Group 1 - The trading file indicates active trading strategies employed by the investment manager ahead of the Thanksgiving holiday [1]

Cathie Wood’s asset management firm, Ark Investments, purchased 62,166 Coinbase (COIN) shares for an investment value of $16.5 million. This purchase of the COIN stock comes amid its 30% drawdown over the past month. It is also the largest purchase of the stock by Wood’s firm since August 1. Ark Invest Makes $16.5 Million Investment in COIN Stock On November 26, Ark Invest purchased $16.5 million worth of Coinbase (COIN) shares, as reported by Ark Daily. The investment manager acquired a total of 62,166 ...

Cryptocurrency Overview - The document solicits a one-word pitch for favorite cryptocurrencies [1] Market Sentiment - The prompt aims to gauge overall sentiment or concise value proposition associated with different coins [1]

Coinbase Bitcoin Premium. Photo by BeInCrypto Bitcoin’s most important reversal signal may finally be forming. After three weeks of relentless sell pressure from US spot markets and record ETF outflows, a rare cluster of metrics is shifting in unison. The Coinbase Premium is recovering, whales are going long aggressively, funding rates have flipped negative, and fresh ETF inflows have reappeared. Analysts say it is the first coordinated improvement in Bitcoin’s market structure since early November. US S ...

Ark Invest loads up on Coinbase as Cathie Wood predicts 'real break' in inflation https://t.co/dypAOtuvKL ...