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Dear Coinbase Stock Fans, Mark Your Calendars for March 1
Yahoo Finance· 2026-02-17 18:51
The sharp correction in Bitcoin (BTCUSD) has impacted trading volumes in the cryptocurrency space. This negative is reflected in Coinbase (COIN) stock declining by 45% in the last 52 weeks. However, it seems that the correction is overdone, and COIN stock is poised for a comeback. One of the key catalysts for positive price-action is CLARITY crypto market structure legislation. Coinbase CEO Brian Armstrong is optimistic that the act is likely to be passed in the “next few months.” More News from Barchar ...
Winklevosses’ Gemini Says Executives Leave Months After IPO
Yahoo Finance· 2026-02-17 18:36
Gemini Space Station Inc., the crypto exchange founded by Cameron and Tyler Winklevoss that went public just before Bitcoin’s plunge, said three top executives left the company in a sweeping leadership shakeup that followed a broad round of layoffs earlier this month. The firm’s Chief Operating Officer Marshall Beard, Chief Financial Officer Dan Chen and Chief Legal Officer Tyler Meade are all leaving the company effective immediately, New York-based Gemini said in a filing on Tuesday. Beard, who has als ...
eToro CEO: Tokenization of entire financial services industry is a huge opportunity for us
Youtube· 2026-02-17 18:28
Core Viewpoint - The company has experienced significant growth in profitability, revenue, and product innovation, despite the volatility in the crypto market, and is focusing on diversification beyond just crypto investments [2][4][5]. Financial Performance - The company reported 2025 as its most profitable year, with growing margins and revenues, and an increase in share buybacks as a strategic opportunity [2]. - The company has seen record levels of trading in gold, silver, and commodities, indicating strong performance in these areas despite a downturn in crypto [3]. Market Strategy - The company emphasizes diversification, having started as a securities broker before entering the crypto space, and continues to invest in equities and commodities during crypto downturns [4][5]. - The long-term prospects for Bitcoin and Ethereum are viewed positively, with expectations of significant price increases and opportunities in the tokenization of financial services [6][7]. Customer Behavior - The company notes that customers are resilient during bear markets, with an increase in the number of units of Bitcoin and Ethereum held, indicating a trend of "hodling" [10]. - The profile of customers engaging in recent selling is being analyzed to understand future trends in the crypto market [7]. Product Development - New product offerings are being introduced, including a non-custodial crypto wallet and new asset types, which are expected to enhance customer engagement and trading options [11].
Nakamoto to acquire Bitcoin Magazine, hedge fund UTXO Management in all-stock deal
Yahoo Finance· 2026-02-17 14:27
Nakamoto (NASDAQ: NAKA)signed definitive agreements Tuesday to acquire media company Bitcoin Magazine–including its international conference series, the Bitcoin Conference–and investment firm UTXO Management. The transaction consolidates media, asset management, and advisory services under one public entity. The acquisition is an all-stock transaction valued at approximately $107.3 million based on Nakamoto’s February 13 closing price of $0.2951. Under the terms, Nakamoto will issue approximately 363.6 m ...
HIVE Digital Technologies .(HIVE) - 2026 Q3 - Earnings Call Transcript
2026-02-17 14:02
HIVE Digital Technologies (NasdaqCM:HIVE) Q3 2026 Earnings call February 17, 2026 08:00 AM ET Company ParticipantsAydin Kilic - CEODarcy Daubaras - CFOFrank Holmes - Executive ChairmanGareth Gacetta - Equity Research AssociateNathan Fast - Director of Marketing and BrandingConference Call ParticipantsDarren Aftahi - Managing Director and Senior Research AnalystFedor Shabalin - Equity Research AnalystMichael Grondahl - Head of Equity Research and Senior Research AnalystNathan FastHello, and welcome to today' ...
HIVE Digital Technologies .(HIVE) - 2026 Q3 - Earnings Call Transcript
2026-02-17 14:00
HIVE Digital Technologies (NasdaqCM:HIVE) Q3 2026 Earnings call February 17, 2026 08:00 AM ET Speaker4Hello, and welcome to today's webcast on HIVE Digital Technologies financial results for the quarter ended December 31, 2025. My name is Nathan Fast, Director of Marketing and Branding at HIVE. I'll be your moderator for today's call. Before we get started on slide 2, would like to briefly note the disclosures for today's presentation. Except for statements of historical facts, this presentation contains fo ...
SoFi Technologies Just Proved Bitcoin Has a Clear Use Case for Fintech
The Motley Fool· 2026-02-16 22:45
Core Insights - The leading digital asset is transitioning from financial speculation to practical applications, with SoFi Technologies demonstrating significant growth in 2025, including a 38% year-over-year increase in adjusted net revenue and the addition of 1 million new customers in the last quarter, totaling 13.7 million customers [1][2] Group 1: Company Performance - SoFi's success is attributed to its focus on innovation and product development, showcasing a clear use case for cryptocurrency [2] - The company has entered the remittance market through a partnership with Lightspark, aiming to provide fast and cost-effective cross-border payments [4] - SoFi Pay now allows U.S. users to send money to over 30 countries using the Bitcoin Lightning network, enhancing user experience by converting dollars to Bitcoin for transactions [5] Group 2: Market Opportunity - The remittance market is substantial, with approximately $38 billion sent between the U.S. and India in 2024, highlighting the potential for SoFi to disrupt high fees and long processing times [6] - The management's commentary on the new service's usage will be crucial for ongoing customer growth, particularly for those seeking better value [6] - The evolution of Bitcoin from a financial asset to a payment mechanism could increase demand and transaction volume, potentially driving up its price in the long run [9]
172-year-old bank cuts XRP price target after December upgrade
Yahoo Finance· 2026-02-16 21:03
Group 1 - The cryptocurrency market has experienced a significant crash, with XRP declining over 30% in the last three months and a major bank lowering its year-end price target by 65% [1][5] - XRP currently has a market capitalization of $90 billion, making it the fourth-largest cryptocurrency after Bitcoin, Ethereum, and Tether's USDT [2] - XRP is the native cryptocurrency of the XRP Ledger, launched in 2012, and was developed by members who later founded Ripple Labs [2] Group 2 - XRP has faced regulatory challenges since the SEC sued Ripple Labs in December 2020, claiming the sale of XRP tokens constituted unregistered securities [3] - A landmark ruling in July 2023 determined that Ripple's programmatic sales of XRP on exchanges were not securities transactions, although sales to institutions violated securities laws [3] - Following a settlement between Ripple and the SEC, the launch of ETFs tied to XRP initially generated optimism, but the market crash on October 10 led to a decline in enthusiasm [4] Group 3 - Standard Chartered, a 172-year-old British bank, has revised its XRP price target downwards, reflecting the ongoing struggles in the cryptocurrency market [5] - The bank's global head of digital assets research had previously predicted XRP would reach $8 by the end of 2026, but this forecast has been adjusted due to the market's failure to recover [6]
MicroStrategy claims it can survive Bitcoin crash to $8,000
Yahoo Finance· 2026-02-16 19:38
There seems to be no stop for MicroStrategy's Bitcoin (BTC) shopping. Every week, there is at least one purchase. In fact, at press time, MicroStrategy, now better known as Strategy (NASDAQ: MSTR), has 714,644 Bitcoin in its coffers. That is 3.4% of the total 21 million Bitcoin supply. But with great Bitcoin exposure comes great risks. Related: Analyst slashes MicroStrategy price target ahead of Q4 earnings During its fourth quarter earnings call, the company addressed the ongoing cryptocurrency marke ...
Harvard adds a surprising new favorite to its portfolio
Yahoo Finance· 2026-02-16 19:20
Group 1 - Harvard Management Company has diversified its cryptocurrency investments, moving beyond Bitcoin to include other cryptocurrencies, indicating a shift in its investment strategy [1][7] - The endowment manager's stake in BlackRock's iShares Bitcoin Trust was initially around $116 million in 2025, which was later increased to approximately $443 million, making it the largest publicly disclosed U.S. equity holding at that time [7] - Recent filings show that Harvard has reduced its Bitcoin holdings by 21%, from 6,809,091 shares to 5,351,234 shares as of December 31, 2025 [8] Group 2 - Institutional investors are increasingly entering the cryptocurrency market, facilitated by the introduction of ETFs that lower barriers for traditional players [2] - Significant outflows from U.S. spot Bitcoin ETFs were reported, with a single-day net withdrawal of $817.8 million on January 29 and $509.7 million on January 30 [3] - Despite recent volatility, large asset managers like Goldman Sachs continue to build exposure to crypto through regulated investment products, including Bitcoin and Ethereum ETFs [5]