Coinbase Global, Inc. is a leading digital currency platform that enables users to buy, sell, and trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and many others
The company provides a user-friendly interface for both individual investors and institutional clients, offering services such as cryptocurrency trading, wallet solutions, and educational resources about the digital currency space. Additionally, Coinbase is involved in the broader blockchain ecosystem, supporting developers and businesses in building applications that utilize cryptocurrency and blockchain technology. Through its innovative offerings, Coinbase aims to make digital currencies accessible and secure for everyone.
On Thursday, Cathie Wood‘s Ark Invest made significant trades, focusing on acquiring shares in Robinhood Markets Inc (NASDAQHOOD), Coinbase Global Inc NASDAQ:COINNASDAQCOIN)
The prolonged legal battle between the SEC and Ripple Labs, initiated in December 2020 over the alleged $1.3 billion unregistered XRP (CRYPTO: XRP) sale, may soon conclude, according to a Fox Business report.
Members of President Donald Trump's family are in discussions to acquire a financial interest in Binance.US, the American branch of the world's top cryptocurrency exchange.
Markets bounced back in early afternoon trading Tuesday as Ukraine signaled its readiness to accept a U.S.-backed proposal for a 30-day ceasefire, an agreement that could be extended if both sides comply.
Shares of cryptocurrency exchange Coinbase (NASDAQCOIN) jumped 7.8% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns haven't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off.
The “MAGA Seven” are a group of stocks, dubbed by MarketWatch, that have notched significant gains and attention since the election of President Donald Trump. However, the MAGA Seven took a big hit in Monday's market rout. Here's a look at how they performed.
Shares of cryptocurrency exchange Coinbase (NASDAQCOIN) fell 10.7% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors.
The sell-off was particularly pronounced in the tech sector, with the Nasdaq falling 3% into correction territory, while the S&P 500 also posted a 2% decline.
