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After a meteoric two-year run that saw Coinbase Global (NASDAQ: COIN) jump by more than 350%, the company faced its worst trading day since 2022 on Oct. 31, with the stock sliding over 10% after ...
The market had forecast $1.36 earnings per share and Coinbase achieved more than three times that amount at $4.68. It’s incredibly rare to see a company smash forecasts on that grand a scale.
Rosenblatt analyst Chris Brendler initiated coverage on Coinbase Global (NASDAQ:COIN) with a Buy rating and a price target of $305. Coinbase Global is down 30% in the past month due to tariffs and ...
Coinbase also posted significant revenue from stablecoins and blockchain rewards. ... the issuer of USDC, the second-largest stablecoin by market capitalization. Circle backs its stablecoins with ...
In 2021, when the last crypto bull market raged and the company first went public, Coinbase rode the crypto hype train to notch almost $7.4 billion in revenue and $3.6 billion in net income. Its ...
Coinbase Global, Inc. is an American technology company. [4] Founded in 2012 by Brian Armstrong, [1] it operates the largest U.S. based cryptocurrency exchange. [5] As of 2024, Coinbase has 108 million users and is the world's biggest bitcoin custodian, holding 12% of the total supply and managing over US$400 billion in assets.
After November's presidential election, Coinbase and the broader crypto market enjoyed a so-called "Trump bump." Traders and the crypto industry were optimistic that economic and crypto policies ...
3 things to watch in crypto after Robinhood and Coinbase score big wins for the industry. ... Shapiro said he thinks lawmakers are only a few years away from passing a market structure bill, which ...