COIN
NASDAQ · Financial Services
Coinbase Global Inc.
$164.84
+1.58 (+0.97%)
COIN News30 articles
Solana DEX Volumes Surpass Centralized Exchanges, Raising Sustainability Concerns
Solana-based decentralized exchanges recorded $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading, but Galaxy warns volume is heavily tied to speculative memecoin cycles.
Crypto App Fomo Secures $75M Series B as Retail Interest Rebounds
Fomo, a consumer crypto trading app, raised $75 million in Series B funding led by Index Ventures at a $550 million valuation, as Bitcoin trades above $64,000 and global crypto search volumes show signs of recovery.
Robinhood Soars on Record Volume and Job Cuts Despite Regulatory Risks
Robinhood shares jumped 8.7% premarket after the company announced a 10% workforce reduction and record June trading volumes, with analysts raising price targets.
Robinhood Stock Surges on Layoffs and SEC Tokenized Stock Plan
Robinhood shares jumped 11% after the brokerage announced layoffs and as the SEC considers allowing tokenized stocks, which could boost competition with Coinbase and pressure traditional brokers.
AWS Enables Publishers to Charge AI Bots for Content Access
AWS now lets publishers charge AI bots for content via AWS WAF, with Coinbase and Stripe handling payments. Zoomex launches tokenized stock trading on 12 U.S. equities.
Bitcoin Recaptures $65,700 as Geopolitical Fears Ease; Fed Meeting in Focus
Bitcoin rebounded to $65,717 as geopolitical tensions eased and spot-Bitcoin ETFs saw renewed inflows. The Federal Reserve's upcoming policy meeting is the next key catalyst for crypto markets.
US States and Congress Tighten Crypto ATM Rules Amid $388M Scam Losses
Delaware advances a bill to ban crypto kiosks within 90 days, while North Carolina opts for regulation. New federal legislation targets scams, with FBI data showing over $388 million in losses.
BitGo Opens DeFi Vaults to Institutions Amid Stablecoin Arms Race
BitGo Bank & Trust launches DeFi gateway for institutions via Narval, granting access to Aave, Spark, and Tesseract while maintaining qualified custody and compliance controls.
XRP Clings to $1.10 Support Amid Broad Crypto Weakness
XRP fell 2.6% to $1.14, testing key $1.10 support as broader crypto markets decline. Traders watch $1.13-$1.14 support and $1.15-$1.20 resistance amid weak ETF inflows.
Bitcoin Dips to $61K as Traders Eye CPI Data for Fed Clues
Bitcoin fell to near $61,000, down 3%, as traders cut risk ahead of Wednesday's CPI report, which is expected to show 4.2% annual inflation, keeping rate hike fears alive.
Galaxy Digital Surges on AI Data Center Value Shift
Galaxy Digital shares surged 23.6% to $31.07 after CEO Mike Novogratz stated its AI data center now represents over half the company's value, shifting focus from crypto.
Saylor's Bitcoin Hint Sets Up Strategy Inc for Pivotal Monday
Strategy Inc shares are poised for a critical Monday after Executive Chairman Michael Saylor hinted at renewed Bitcoin purchases, following a 19.7% weekly drop triggered by a small Bitcoin sale.
SoFi Shares Slide 12% as Rate Fears Overshadow New Product Launches
SoFi stock dropped 12% to $16.03 as a hot jobs report reignited rate worries, eclipsing the AI Coach launch and stablecoin push. Focus now shifts to Wednesday's CPI data and the June 17 annual meeting.
Crypto Crash Deepens: Portnoy's Losses Mount as $390B Wiped Out
Dave Portnoy's crypto losses deepen amid a $390 billion market rout. Strategy's sale of 32 Bitcoin rattles investors, raising concerns of further sales.
Bitcoin Dips Below $60K as ETF Outflows Surge and Strategy Sells
Bitcoin dropped below $60,000 for the first time since October 2024, with $4.4 billion in ETF outflows and a rare sale by Strategy pressuring prices. Analysts eye $59,750 as critical support.
Supreme Court Seeks Trump Admin View on Robinhood IPO Lawsuit
The Supreme Court seeks the Trump administration's opinion on Robinhood's appeal to dismiss an investor lawsuit over alleged incomplete IPO disclosures, with implications for financial reporting rules.
Robinhood Stock Slips on Supreme Court IPO Ruling
Robinhood shares fell 4.5% to $90.07 after the Supreme Court asked for Trump administration input on a class-action IPO case. Crypto revenue dropped 47% last quarter.
Robinhood Stock Surges on Crypto Policy, AI Trading, and Trump Accounts Launch
Robinhood Markets closed at $94.30, up 11.15% for the day and 28% from last week, driven by crypto policy, Trump Accounts, and AI trading news.
SoFi Stock Rises 17% After Stablecoin Launch, Monday Open Key
SoFi Technologies shares surged 17% last week after launching its SoFiUSD stablecoin. The stock closed at $18.22 with a market cap near $25.1B.
XRP Holds Steady Near $1.34 Despite Mixed ETF Flows and Policy Uncertainty
XRP remains near $1.34, down 2% for the week, as US spot ETFs attract $35 million in inflows while broader crypto outflows and policy delays keep the token rangebound.
Robinhood Stock Surges on Trump Accounts and AI Trading Launch
Robinhood stock gained 3.9% to $88.14 Friday, fueled by the debut of Trump Accounts for children and new AI-powered trading features.
SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.
Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip
Robinhood Markets has secured regulatory approval to enter Canada through its acquisition of Coinsquare Capital Markets, with closing expected around June 1. The move comes as the company faces a 47% drop in crypto revenue.
Truth Social Owner DJT Slumps After Bitcoin Transfer, Nears 52-Week Low
Trump Media (DJT) shares slid 8.3% this week to $7.95 after moving $205 million in bitcoin to Crypto.com, raising investor concerns. The company reported a $405.9 million Q1 net loss.
Bitcoin slides toward $75,000 as ETF outflows and rising yields weigh on crypto
Bitcoin dropped to $74,594 on Saturday amid persistent outflows from U.S. spot bitcoin ETFs and rising bond yields. Ether also fell as markets await Wall Street's reopening.
Senate Panel Advances Crypto Bill, DeFi Pushback and Stablecoin Issues Remain
The Digital Asset Market Clarity Act passed the Senate Banking Committee 15-9 but faces new opposition from DeFi developers and key Democrats over securities amendments and stablecoin provisions.
Bolt CEO Defends HR Shutdown, Says Smaller Team Boosts Agility
Bolt CEO Ryan Breslow defended cutting the HR department at Fortune's summit, stating it created problems. The move follows layoffs and a shift to AI and a finance app.
Bakkt Shares Surge After Director's $4.85M Insider Purchase
Bakkt shares surged 14.2% pre-market after director Michael Alfred acquired $4.85 million in stock. CEO Akshay Naheta also exercised options as the company shifts focus to stablecoin payments.
Coinbase Surges on Senate Crypto Bill Progress; Uncertainty Ahead
Coinbase shares jumped 5% premarket after the Senate Banking Committee voted 15-9 to advance a key crypto market-structure bill. The legislation now heads to the full Senate, where its passage is uncertain amid opposition from Democrats and banks.
Crypto Stocks Surge on Senate Committee's Digital Asset Bill Vote
Shares of Coinbase, Robinhood, and Strategy rose about 5% after a Senate panel voted 15-9 to advance a crypto market-structure bill. Bitcoin traded near $80,623.