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Stock Of The Day: Has The Coinbase Rally Started?
Benzinga· 2026-02-13 20:38
Shares of Coinbase Global, Inc. (NASDAQ:COIN) are moving higher Friday. They recently reversed after reaching a support level.As you can see on the chart, the $145 level has been important for Coinbase. This is why we have made it our Stock of the Day.Back in August 2024, Coinbase was in a downtrend. There were more shares to be sold than there were to be bought. Sellers had no choice but to undercut each other's prices if they wanted to have their trades executed.This price action resulted in a downtrend.W ...
美股异动 | Coinbase(COIN.US)盘前涨8.8% 去年全年交易量同比增长156%
智通财经网· 2026-02-13 14:22
Core Viewpoint - Coinbase's fourth-quarter financial results showed a significant decline in revenue and a net loss, but the company anticipates substantial growth in trading volume and profitability by 2025 [1] Financial Performance - Coinbase reported a 20% decrease in revenue to $1.8 billion, which was worse than market expectations [1] - The company recorded a net loss of $667 million for the quarter, compared to a net profit of $1.3 billion in the same period last year [1] - The losses were primarily attributed to impairment charges related to cryptocurrency holdings and investments [1] Future Outlook - Despite short-term performance challenges, Coinbase expects its total trading volume to exceed $5.2 trillion in 2025, representing a year-over-year growth of 156% [1] - The company projects a net profit of approximately $1.26 billion for the full year of 2025 [1] Market Share - Coinbase's market share in the spot market doubled, increasing from 3.2% at the end of 2024 to 6.4% [1]
Coinbase Reports $667M Q4 Loss as Crypto Market Downturn Hits Revenues
Yahoo Finance· 2026-02-13 10:35
Coinbase earnings just broke its streak, and not in a good way. After eight straight winning quarters, it posted a brutal $667 million net loss in Q4 2025. That is a punch to the face. As crypto prices slid from their yearly highs, the exchange completely missed Wall Street revenue expectations. Revenue came in at $1.78 billion. Sounds big, but it was below the $1.85 billion analysts expected. Transaction revenue was the real damage. Down 37% to $982.7 million. That tells you everything about trader ac ...
Cryptocurrency exchange Coinbase swings to quarterly loss on trading slowdown
Reuters· 2026-02-12 21:14
Cryptocurrency exchange Coinbase swings to quarterly loss on trading slowdown | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 The Coinbase logo in this illustration taken on November 3, 2025. REUTERS/Dado Ruvic/Illustration[1/2]The Coinbase logo in this illustration taken on November 3, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Circle Internet Group Inc]Follow[Coinbase G ...
Coinbase CEO Brian Armstrong Drops Out Of World's Top 500 Billionaires Amid Crypto Market Downturn - Coinbase Global (NASDAQ:COIN)
Benzinga· 2026-02-11 13:45
Core Insights - Brian Armstrong, CEO of Coinbase, has exited the Bloomberg Billionaires Index due to a significant decline in the cryptocurrency market, with Bitcoin falling below $70,000 for the first time since late 2024 [1] - Armstrong's net worth is now estimated at $7.5 billion, a substantial decrease from $17.7 billion recorded last summer, reflecting the volatility in the crypto market [2] - Coinbase's stock has experienced a 33.12% decline over the past month, highlighting the challenges faced by the company amid ongoing market fluctuations [2] Company and Industry Summary - Armstrong's wealth is closely tied to his approximately 14% stake in Coinbase, indicating the direct impact of market conditions on his financial standing [1] - The upcoming release of Coinbase's fourth-quarter financials on February 12 is anticipated, which may provide further insights into the company's performance during this turbulent period [2] - Treasury Secretary Scott Bessent has criticized Coinbase for opposing the proposed Clarity Act, suggesting that the recent market volatility emphasizes the need for clearer regulatory frameworks in the cryptocurrency sector [3]
Global Financial Pulse: UBS Eyes Crypto, India-EU Bolsters Trade, French Premier Survives Challenge
Stock Market News· 2026-01-23 11:08
Key TakeawaysUBS (UBS) is reportedly set to offer cryptocurrency trading to its wealthy clients at its Swiss private bank, signaling a growing embrace of digital assets by traditional financial institutions.India and the European Union are on the verge of finalizing a comprehensive Free Trade Agreement (FTA) and a Memorandum of Understanding (MOU) on mobility, promising substantial tariff reductions and enhanced talent exchange.French Premier Sébastien Lecornu recently survived two no-confidence motions in ...
New Governors Abigail Spanberger, Mikie Sherrill Congratulated By Brian Armstrong: Coinbase CEO Calls It 'Another Milestone' For Pro-Crypto Advocates
Benzinga· 2026-01-21 04:38
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong celebrated the inaugurations of Abigail Spanberger as Governor of Virginia and Mikie Sherrill as Governor of New Jersey, framing it as a win for pro-cryptocurrency politiciansArmstrong Congratulates ‘Pro-Crypto’ AdvocatesIn an X post, Armstrong congratulated the new governors, describing it as a “milestone moment” for pro-cryptocurrency advocates in office.Spanberger’s Complex Stance On Crypto PolicySpanberger made history last year, defeating Republica ...
Bank of America Asserts Buy Rating on Coinbase Global Inc. (COIN) Buoyed by Growth Opportunities
Yahoo Finance· 2026-01-19 13:15
Group 1 - Coinbase Global Inc. is recognized as a leading cryptocurrency and blockchain stock, with a Buy rating reiterated by Bank of America, indicating strong positioning for 2026 due to product expansion and strategic pivots [1][2] - The company is expanding its offerings into stocks, ETFs, and prediction markets, aiming to become an all-encompassing exchange, which will enhance its addressable market and create new cross-selling opportunities [2] - Bank of America anticipates that the company's layer 2 network on Ethereum will further extend its infrastructure footprint, with a native token launch expected to generate billions in cash and incentivize early adopters [3] Group 2 - Raymond James maintains a cautious outlook on Coinbase's long-term earnings potential, reiterating a Market Perform rating ahead of the fourth-quarter 2025 results, expressing concerns over revenue and EBITDA momentum amid cryptocurrency market volatility [4] - Coinbase serves as a leading platform for buying, selling, trading, storing, and using digital assets like Bitcoin and Ethereum, acting as a bridge to the crypto economy for consumers, institutions, and developers [5]
ChatGPT Thinks Coinbase Stock Will Close At This Price By The End of 2025
Yahoo Finance· 2026-01-07 18:01
Core Viewpoint - Coinbase shares have seen a slight increase recently, reflecting renewed optimism in the cryptocurrency market and the company's position as a leading exchange amid Bitcoin's recovery [1] Group 1: AI Price Prediction - An AI price-prediction model forecasts a modest decline for Coinbase over the next 60 days, with a base-case projection indicating a potential price of $525 by 2030 [2][3] - At the time of the prediction, Coinbase was trading around $243, with the model suggesting a likely path of a slight decrease rather than a significant drop [3] Group 2: Revenue and Market Dynamics - Coinbase's revenue is primarily driven by trading volumes, which increase with market volatility; recent Bitcoin rallies have led to higher transaction fees, but regulatory scrutiny and competition from decentralized exchanges may limit growth [4] - The AI model's bearish outlook considers the potential for fading momentum after recent gains and elevated valuations that leave less room for error [4] Group 3: Technical Indicators - Current technical indicators show negative MACD signals indicating weakening trend strength, while the RSI is approaching oversold territory, suggesting exhaustion in the recent rally [5] - Despite these technical pressures, Coinbase benefits from a loyal user base, positioning it to capture market flows if sentiment shifts [5] Group 4: Regulatory Environment - Coinbase faces mixed impacts from U.S. regulatory developments; pro-crypto policies could facilitate growth in stablecoins and custody services, while ongoing SEC battles may limit near-term multiples [6] - The company's international expansion, including derivatives trading in Europe, helps diversify its revenue sources beyond U.S. retail [7] Group 5: Earnings and Price Outlook - Q4 earnings previews indicate a surge in transaction revenue quarter-over-quarter, driven by altcoin rotations, although the AI model anticipates a pullback due to current price levels being viewed as extended [7] - The average predicted price for Coinbase is $232.50, with an implied move suggesting a slight decrease over the next month [8]
Philippines Blocks Coinbase, Gemini: 50 Platforms Hit in Major Regulatory Crackdown
Yahoo Finance· 2025-12-24 16:28
Core Insights - Internet users in the Philippines have lost access to major global cryptocurrency exchanges due to local internet service providers blocking these platforms following regulatory orders [1][2] - The National Telecommunications Commission (NTC) issued a directive to restrict access to 50 online trading platforms identified by the Bangko Sentral ng Pilipinas (BSP) as operating without authorization [2][3] - The enforcement is part of an ongoing effort to ensure compliance with local registration and licensing rules for virtual asset service providers [3][4] Regulatory Framework - The updated financial regulations under BSP Circular No. 1206 emphasize consumer protection, financial stability, and the central bank's authority over money services and digital assets [3][4] - By blocking noncompliant platforms, regulators aim to mitigate financial risks associated with unregistered services [4] Impact on Traders - The immediate effect on investors has been severe, with many users unaware of the blocks, leading to account cancellations and inability to withdraw funds from frozen accounts [5] - Local traders are experiencing temporary asset liquidity freezes and are attempting to transfer assets to foreign locations [6] - Regulators have stated that users of unregistered platforms have no legal recourse for funds that are lost, stolen, or trapped due to these enforcement measures [6] Industry Shift - This crackdown represents one of the most significant changes in regulated cryptocurrency activity in the Philippines [7]