COIN
NASDAQ · Financial Services
Coinbase Global Inc.
$201.16
+8.20 (+4.25%)
COIN News30 articles
Coinbase Posts Q1 Loss as Crypto Slowdown Squeezes Revenue
Coinbase swung to a $394.1 million Q1 loss as revenue fell 31%, hit by a crypto trading slowdown and an AWS outage. The exchange also plans to cut 700 jobs.
Oil Surge on Iran Tensions Drags US Futures Lower
US stock futures slipped as oil surged above $96 on renewed Iran conflict, stoking inflation fears. The S&P 500 fell 0.38%, with chip stocks declining, while Nvidia and Microsoft gained.
S&P 500 Retreats from Record as Chip Stocks Slide; Oil Volatility and Whirlpool Warning Weigh
U.S. stocks retreated Thursday, with the S&P 500 sliding 0.38% from its record as chip stocks cracked. Intel and AMD fell 3% each, and the PHLX chip index dropped 2.7%. Oil volatility and a Whirlpool warning added to market unease.
Coinbase Cuts 700 Jobs, Pivots to AI as Crypto Market Weakens
Coinbase will eliminate 700 jobs, or 14% of its workforce, as it restructures around AI and responds to weak crypto markets.
XRP Holds Above $1.40 as ETF Inflows and Regulatory Hopes Collide
XRP traded near $1.43 early Wednesday, supported by $11.28 million in spot ETF inflows and renewed optimism over U.S. crypto legislation progress.
Coinbase Cuts 700 Jobs in AI-Driven Restructuring
Coinbase is cutting 700 jobs to streamline operations and embrace AI, with restructuring costs estimated at $50-$60 million.
Circle Stock Surges on Stablecoin Regulatory Breakthrough
Circle (CRCL) shares rose 10% after a Senate compromise on stablecoin regulation, with Coinbase (COIN) up nearly 5%. USDC supply stands at $77.4 billion.
Coinbase Shares Surge as Senate Compromise Revives Stablecoin Regulation Bill
Coinbase shares climbed Monday after a Senate compromise on stablecoin rewards revived the CLARITY Act, which had been stalled for months.
Strategy's Bitcoin Bet Faces Earnings Test as Options Signal 8% Swing
Strategy Inc. reports Q1 earnings Tuesday, with options implying an 8.07% stock swing. Bitcoin holdings hit 818,334 BTC after a $255M purchase pause, as analyst raises target to $225.
Wall Street Eyes Three Tech Shifts Beyond AI Chatbots and Nvidia
S&P 500 and Nasdaq close at record highs as Alphabet, Amazon, Meta, and Microsoft project AI spending above $700B by 2026. Focus shifts to AI infrastructure, robot intelligence, and tokenized securities.
Satoshi Nakamoto Mystery Reignites as Adam Back Challenges New Documentary Claims
Adam Back challenges a new documentary's claims about Satoshi Nakamoto's identity and holdings, as Bitcoin trades near $76,000. The ongoing mystery continues to fuel crypto narratives.
11 Key Drivers Behind Bitcoin Price Fluctuations
Bitcoin's price is determined by supply and demand, with ETF flows, macro liquidity, regulation, and market sentiment now as influential as the halving event.
FBI Probes Crypto Investor Wen Hou's Father Disappearance Amid Fraud Allegations
FBI probes disappearance of Naiping Hou, father of crypto investor Wen Hou, amid cellphone spoofing and fraudulent bank transactions. Soybeans steady despite export sales drop.
Crypto Casinos Woo Low-Stakes Players as Bitcoin Nears $78K
Crypto casinos are targeting low-stakes players with $2 minimum deposits as Bitcoin nears $78K, while UK's remote gaming duty hike pressures traditional bookmakers.
Bitcoin Retreats Amid Geopolitical Tensions, Oil Surge
Bitcoin declined alongside broader risk assets Monday, slipping below $75,000 as renewed Middle East tensions and a surging oil price prompted investor caution. Major altcoins including Ether also traded lower.
Robinhood Jumps on Bullish Bernstein Call, Faces Legal and Revenue Tests
Robinhood shares rallied sharply following a bullish analyst note from Bernstein, which maintained a $130 price target. The gains come despite a more cautious view from Truist and ahead of pivotal first-quarter earnings and a key legal hearing.
Bitcoin Reclaims $75K on ETF Inflows, Easing Oil Prices
Bitcoin climbed above $75,000 Tuesday, erasing weekend losses, fueled by renewed ETF inflows and a drop in oil prices. Major institutions like Morgan Stanley are launching new crypto products.
Morgan Stanley Expands Crypto Strategy Beyond Bitcoin with Tokenization Plans
Morgan Stanley is developing tokenized money-market funds and crypto tax tools following the successful launch of its low-fee bitcoin ETP, signaling broader digital asset ambitions beyond Bitcoin.
Bitcoin Consolidates Near $72K Amid Geopolitical Flux and Mixed ETF Flows
Bitcoin held around $72,000, balancing ceasefire relief against ETF demand concerns. U.S. spot bitcoin ETFs saw significant inflows followed by outflows, while Morgan Stanley launched a new fund.
Bitcoin Surges Past $70K on Geopolitical Hopes, Sparking Crypto Rally
Bitcoin rallied over 3% to briefly exceed $70,000 Monday, fueled by optimism around potential U.S.-Iran ceasefire discussions. The move forced out over $200 million in bearish bets and lifted the broader crypto market.
XRP Retreats to $1.30 Amid Geopolitical Selloff, Ripple Expands Treasury Tools
XRP declined roughly 4% to trade near $1.30 on Thursday, dragged lower by a broad risk-off move in digital assets fueled by escalating Middle East tensions. The drop occurred despite Ripple launching new digital asset capabilities for corporate treasuries and a payments partnership.
Bitcoin Retreats Near $67K as Geopolitical Tensions Rattle Crypto Markets
Bitcoin declined approximately 2% to near $66,700 Thursday, pressured by renewed Middle East tensions that boosted the dollar and oil. U.S. spot bitcoin ETFs recorded significant net outflows.
India's Crypto Futures Market Sees Youth and Female Trader Surge
Gen Z investors aged 18-25 now constitute 61% of new crypto futures traders in India, while female participation jumped 20% year-on-year. Average trade sizes on the Pi42 platform have nearly doubled to $1,960.
Bitcoin Reclaims $68K on Geopolitical Easing, ETF Inflows Return
Bitcoin climbed past $68,000 Tuesday, buoyed by geopolitical optimism and a return to net inflows for U.S. spot ETFs. Ether gained 2.8% to $2,096.20.
Bitcoin Recovers to $67K on Geopolitical Hopes, ETF Outflows Weigh
Bitcoin regained ground toward $67,000 Monday following diplomatic comments on Iran, though significant ETF outflows limited the rally. Ether outperformed with a 2.4% gain.
Bitcoin Holds $66K Amid ETF Outflows, Eyes Jobs Data
Bitcoin steadied around $66,300 as significant ETF outflows and a major options expiry pressured prices, with all eyes on key U.S. economic data due this week.
Bitcoin Retreats Below $67K Amid ETF Outflows and $14B Options Expiry
Bitcoin declined to around $66,900, pressured by significant outflows from U.S. spot ETFs and a massive $14.16 billion quarterly options expiry. The cryptocurrency's drop mirrored a fifth consecutive weekly loss for Wall Street.
Bitcoin Retreats Below $66K Amid ETF Outflows, Options Expiry, and Geopolitical Strain
Bitcoin dropped over 4% Friday, sliding below $66,000 as significant ETF outflows, a major options expiry, and Middle East tensions pressured the crypto market. Related equities like Coinbase and Marathon Digital saw steep declines.
Circle Stock Plunge May Be Overblown as Senate Bill Targets Stablecoin Rewards
Circle Internet Financial's stock fell a record 20% Tuesday following a Senate draft bill that limits rewards for holding stablecoins. Analysts argue the reaction was overdone, as the proposal primarily affects distributors like Coinbase, not Circle's core reserve income.
Bitcoin Retreats Under $69K Amid Oil Spike, ETF Flows Slow
Bitcoin declined below $69,000 Thursday, pressured by a jump in oil prices and broader risk-off sentiment. Related equities like Coinbase also traded lower as ETF demand moderated.