Coinbase Global addressed a federal appeals court Monday (Sept. 23), aiming to force the Securities and Exchange Commission (SEC) to create new rules for digital assets. The cryptocurrency exchange sued the SEC last year after the regulator denied its petition for a new rulemaking, seeking to compel it to do so, Reuters reported Monday. Coinbase Global wanted the SEC to provide clarity on when a digital asset is a security and to create a market structure framework compatible with cryptocurrencies, while th ...

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of Pennsylvania on behalf of those who acquired Coinbase Global, Inc. ("Coinbase" or the "Company") (NASDAQ: COIN) securities during the period of April 14, 2021 to July 25, 2024, inclusive ("the Class Period"). Investors have until November 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Cl ...

NEW YORK, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of Coinbase Global, Inc. ("Coinbase" or the "Company") (NASDAQ: COIN) between April 14, 2021 and July 25, 2024, inclusive (the "Class Period"). For more information, submit a form at Coinbase Global, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pall ...

The latest trading session saw Coinbase Global, Inc. (COIN) ending at $170.09, denoting a +1.1% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.19% for the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.36%. Heading into today, shares of the company had lost 15.21% over the past month, lagging the Business Services sector's gain of 6.7% and the S&P 500's gain of 2.06% in that time. Analysts and investors alike will be keepi ...

With Coinbase Global, Inc. (COIN) experiencing a sharp 36% drop over the past six months, investors might be wondering whether this represents an opportune moment to invest in the stock. The industry only saw a 1% decline during this same period. The stock recently closed at $168.24, 41% below its 52-week high of $283.48, and is currently trading beneath its 50-day moving average, signaling negative investor sentiment. Zacks Investment Research Image Source: In comparison, COIN's financial transaction servi ...

Coinbase Global, Inc. (COIN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned -15.2%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Financial Transaction Services industry, which Coinbase Global falls in, has gained 4.4%. The key question now is: What could be the stock's future dir ...

After the Federal Reserve's first interest rate cut in four years, Bitcoin (BTC) today moved above $63,000 for the first time since Aug. 27. Crypto stocks MARA Holdings, Inc (NASDAQ:MARA) and Coinbase Global Inc (NASDAQ:COIN) sport solid intraday gains as a result. Plus, BTC exchange-traded fund (ETF) iShares Bitcoin Trust (NASDAQ:IBIT) is higher, up 6.4% at $36.35 at last glance. IBIT is an ETF a lot of investors are going to want to keep their eyes on, too, as the outcome of the 2024 U.S. Presidential ele ...

SAN DIEGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Coinbase Global, Inc. (NASDAQ: COIN) publicly traded securities between April 14, 2021 and July 25, 2024, both dates inclusive (the "Class Period"), have until November 12, 2024 to seek appointment as lead plaintiff of the Coinbase class action lawsuit. Captioned Castle v. Coinbase Global, Inc., No. 24-cv-04850 (E.D. Pa.), the Coinbase class action lawsuit charges Coinbase and certain of ...

When you come for the throne, you better not miss. This goes both ways for Coinbase (NASDAQ: COIN ). The crypto leader is under constant warfare when it Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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 an ...

NEW YORK, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Coinbase Global, Inc. ("Coinbase" or "the Company") (NASDAQ: COIN) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Coinba ...