Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
MicroStrategy and Coinbase’s stock prices could shoot up if short sellers bail out, according to a report by data analytics firm S3 Partners.
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Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor’s Successful Bitcoin Playbook
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is ‘Stronger Than Many People Realize’
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.
Coinbase Falls After JPMorgan Downgrades Stock to Underweight on Disappointing Bitcoin ETF Catalyst
The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said.
Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high.
South Korea’s Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report
The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.
Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022.
Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.
Coinbase Could Move Away From U.S. if No Regulatory Clarity: CEO Brian Armstrong
Armstrong said “anything is on the table” in terms of Coinbase’s plans should greater regulatory clarity not emerge in the U.S.