Coinbase's recent innovation could transform Bitcoin from digital gold into a powerful DeFi asset, unlocking billions in untapped potential. Although Bitcoin (BTC 0.29%) remains the most valuable cryptocurrency in the world, it lacks much of the functionality other cryptocurrencies possess today, particularly smart contract capabilities. Without smart contracts, Bitcoin holders are unable to directly participate in the rapidly growing decentralized finance (DeFi) economy, where users engage in lending, borr ...

NEWTOWN, Pa., Sept. 16, 2024 /PRNewswire/ -- Edelson Lechtzin LLP, a leading class action law firm, announces the filing of a securities fraud class action on behalf of all investors of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021, and July 25, 2024, inclusive (the "Class Period"). A copy of the Complaint can be found HERE. Investors who purchased Coinbase stock during the Class Period may move the U.S. District Court for the Eastern District of Pennsylvania to appoint them as lead plaintiff, ...

Coinbase NASDAQ: COIN is one of the first companies that comes to mind in cryptocurrency. Overall, Wall Street analysts are bullish on the crypto exchange stock, putting an average price target on the firm of $247. This implies an upside of 51% from current levels. So, is there an opportunity in the stock? Let's first dive into where Coinbase is getting its revenues from. Get Coinbase Global alerts: Coinbase: Retail Crypto Exchange With Ancillary Businesses Coinbase has two main sources of revenue: transact ...

NEW YORK, Sept. 14, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 25, 2024, both dates inclusive (the "Class Period"). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 12, 2024 in the securities class action first filed by the Firm. So what: If ...

SAN DIEGO, Sept. 13, 2024 /PRNewswire/ -- The law firm of 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, 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 ...

The latest trading session saw Coinbase Global, Inc. (COIN) ending at $163.05, denoting a +0.1% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.54%. On the other hand, the Dow registered a gain of 0.72%, and the technology-centric Nasdaq increased by 0.65%. Shares of the company have depreciated by 17.37% over the course of the past month, underperforming the Business Services sector's gain of 7.34% and the S&P 500's gain of 4.86%. The upcoming earning ...

SAN DIEGO, Sept. 13, 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, 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 Coinbase's ...

The cryptocurrency market suffered a severe blow in the past one and a half months. Bitcoin (BTC), the largest cryptocurrency globally, hit an all-time high of $73,750 on March 14. However, the broader market bloodbath from early August saw cryptocurrencies suffering. Consequently, Bitcoin fell to below $55,000. At present, Bitcoin is trading around $57,940, a 21.4% discount to its all-time high. Nevertheless, investors should think from a long-term perspective. The Fed is undoubtedly approaching the end of ...

Coinbase Global, Inc. (NASDAQ:COIN) Goldman Sachs Communacopia + Technology Conference September 10, 2024 1:10 PM ET Company Participants Brian Armstrong - Co-Founder & Chief Executive Officer Alesia Haas - Chief Financial Officer Conference Call Participants William Nance - Vice President, Goldman Sachs William Nance All right. So we'll get started. Next up, we're pleased to have Alesia and Brian from Coinbase. But first, I'm going to get, I'm going to read the safe harbor statement before we get going. So ...

Coinbase Global, Inc. (NASDAQ:COIN) Goldman Sachs Communacopia + Technology Conference September 10, 2024 1:10 PM ET Company Participants Brian Armstrong - Co-Founder & Chief Executive Officer Alesia Haas - Chief Financial Officer Conference Call Participants William Nance - Vice President, Goldman Sachs William Nance All right. So we'll get started. Next up, we're pleased to have Alesia and Brian from Coinbase. But first, I'm going to get, I'm going to read the safe harbor statement before we get going. So ...