Tag Archives: Coinbase

It’s time to back up the truck and buy the beat-up shares of pioneering crypto exchange Coinbase (COIN), contends Oppenheimer analyst Owen Lau.  Coinbase shares don’t deserve to be swept up into the latest crypto winter, according to Lau.  “We think Coinbase should not trade in lockstep with bitcoin because bitcoin can be very volatile, but at the same time because of their volatility it drives higher trading volume. It is similar to all the traditional exchanges, and we think that it’s… Source link

As Bitcoin and other digital coins rise in popularity, so have the number of gripes with the largest cryptocurrency exchange in the U.S., according to a new study. Coinbase was the most complained-about crypto digital wallet in the Consumer Finance Protection Bureau’s complaint database, according to a study done by the U.S. Public Interest Research Group, with the volume of filings — albeit starting at a low level — accelerating this year.  “Coinbase should be investigating consumer… Source link

(Bloomberg) — Dogecoin, the Shiba Inu-themed cryptocurrency started as a joke in 2013, outperformed top rivals in the week as it launched on the Coinbase exchange. While the biggest cryptocurrencies Bitcoin and Ether were up 6.2% and 14.9% over the past seven days respectively, Dogecoin advanced 24% over the same period as of 7:50 a.m. in London, according to CoinGecko pricing. While Coinbase said weeks ago that it planned to add Dogecoin, the announcement that it now supports the meme-based… Source link

Reuters Top Credit Suisse European FIG banker joins Jefferies -sources LONDON (Reuters) -Credit Suisse has lost a key dealmaker in Europe, two sources familiar with the move said, as a pay-driven exodus of top investment bankers which began in the United States spreads. Switzerland’s second-largest bank is struggling to retain staff after trimming bonuses to tackle losses of more than $5 billion stemming from the collapse of U.S. investment firm Archegos and the impact of suspending funds… Source link

More financial advisers are adding cryptos them to their clients’ portfolios. Photo: Getty Images Dogecoin (DOGE-USD) rose sharply after cryptocurrency exchange platform Coinbase announced it will begin accepting inbound transfers of the joke token that also continues to receive support from Tesla (TSLA) chief Elon Musk. The crypto was up 30% on Wednesday morning, trading at $0.42 (£0.3).  Musk, responding to the news about Coinbase, retweeted a picture that shows dogecoin taking over the… Source link

Coinbase Global Inc (COIN.O) launched a tie-up with Apple (AAPL.O) and Alphabet Inc’s Google (GOOGL.O) on Tuesday that will allow users to add cards from their accounts to the payment apps run by the two tech giants. The Coinbase card added to the wallets can be used to buy everyday goods with digital currencies, the biggest U.S. cryptocurrency exchange said in a blog post. (https://bit.ly/3wN2wNN) The company said it will automatically convert all cryptocurrency to U.S. Dollars and transfer… Source link

Bloomberg Bitcoin’s Obstacles Mount Amid China Cryptocurrency Warning (Bloomberg) — Bitcoin and other major cryptocurrencies slumped after the People’s Bank of China conveyed a statement reiterating that digital tokens can’t be used as a form of payment.The largest token fell below $40,000 for the first time since early February, dropping as much as 10% to $38,973 on Wednesday and continuing a weeklong slide sparked by Elon Musk’s back-and-forth comments on Tesla Inc.’s holdings of… Source link

Coinbase Global, Inc. (“Coinbase”) (Nasdaq: COIN) today announced its intention to offer, subject to market conditions and other factors, $1.25 billion aggregate principal amount of Convertible Senior Notes due 2026 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”). Coinbase also expects to grant the initial purchasers of… Source link

InvestorPlace 4 Electric Vehicle Charging Stocks To Avoid for Now Electric vehicle (EV) charging stocks have witnessed some euphoric movements in the recent past. There are strong reasons to believe that the EV charging industry will witness healthy growth in the coming years. However, most of electric vehicle charging stocks seem to have run ahead of their fundamentals. It therefore makes sense to wait for a correction before considering fresh exposure to electric vehicle charging stocks…. Source link

Coinbase (COIN), the largest cryptocurrency exchange in the U.S., missed analysts’ expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. Coinbase employee Daniel Huynh holds a celebratory bottle of champagne as he photographs outside the Nasdaq MarketSite, in New York’s Times Square, April 14, 2021. (AP Photo/Richard Drew) The company’s stock was down more than 3% following the announcement. “Our strong Q1 2021 results reflect the strength… Source link