Coinbase Stock News

BTC traded higher today currently as of 4:00 PM, EDT is trading at $40,820 according to Coinbase.

Coinbase has debuted a new tool, called Coinbase Pay, which lets users purchase and transfer funds directly into their wallets. It streamlines the existing, more tedious process.

Someone with a lot of money to spend has taken a bearish stance on Coinbase Global (NASDAQ: COIN ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with COIN, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 35 uncommon options trades for Coinbase Global. This isn''t normal. The overall sentiment of these big-money traders is split between 42% bullish and 57%, bearish. Out of all of the special options we uncovered, 12 are puts, for a total amount of $557,762, and 23 are calls, for a total amount of $1,149,003. What''s The Price Target? Taking into … Full story available on Benzinga.com

It''s an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers.

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN ), Marathon Digital Holdings Inc (NASDAQ: MARA ) and Riot Blockchain Inc (NASDAQ: RIOT ), are trading higher Wednesday amid a rise in the price of Bitcoin (CRYPTO: BTC ) and Ethereum (CRYPTO: ETH ). Several cryptocurrencies are catching bids ahead of Wednesday''s Fed decision. Fed officials are expected to raise rates by a quarter … Full story available on Benzinga.com

Coinbase Global <> is introducing Coinbase Pay to streamline the process for users to fund their Coinbase Wallet from the Chrome browser extension.While decentralized…

AMC Entertainment Holdings, Inc (NYSE: AMC ), Coinbase Global, Inc (NASDAQ: COIN ) and Roblox Corporation (NYSE: RBLX ) are all trading higher in strong downtrends. A downtrend occurs when a stock consistently makes a series of lower lows and lower highs on the chart. The lower lows indicate the bears are in control, while the intermittent lower highs indicate consolidation periods. Traders can use moving averages to help identify a downtrend, with descending lower timeframe moving averages (such as the eight-day or 21-day exponential moving averages) indicating the stock is in a steep shorter-term downtrend and descending longer-term moving averages (such as the 200-day simple moving average) indicating a long-term downtrend. A stock often signals when the lower low has been established by printing a reversal candlestick such as a doji, bullish engulfing or hammer candlestick. Likewise, the lower high could be signaled when a doji, gravestone or dragonfly candlestick is printed. Moreover, the lower lows and lower highs frequently take place at resistance and support levels.

It should be noted that since its first announcement in October 2021, atleast 2.5 million people have already joined the Coinbase NFT waitlist.

Despite cryptocurrency volatility, Coinbase''s Q4 earnings call was full of excitement.

The active involvement of institutions is evidenced by recent mammoth Coinbase outflows.

Mo Shaikh and Avery Ching , former members of Meta Platforms Inc’s (NASDAQ: FB ) Diem cryptocurrency project, have raised $200 million for their new crypto start-up Aptos. What Happened: In an announcement on Tuesday, Aptos said it had raised $200 million in a strategic round led by Andreessen Horowitz. The investment round also saw participation from several high-profile venture funds such as Coinbase Global Inc’s (NASDAQ: COIN ) Coinbase Ventures, Tiger Global , Multicoin Capital , and FTX Ventures . Aptos was created just four months ago as a new Layer 1 blockchain that aims to be the most “production-ready” blockchain in the world. Its founders … Full story available on Benzinga.com

A new funding round for MetaMask owner ConsenSys could help the company with plans for a DAO and a token. Here’s the latest. What Happened: ConsenSys raised $450 million in a Series D round Tuesday that values the company at $7 billion. ParaFi led the raise with returning investors in the round that include Third Point, True Capital Management, United Talent Agency’s venture fund UTA VC New investors in the company include Temasek, Softbank Vision Fund 2, Anthos Capital, C Ventures, Sound Ventures and Microsoft Corp (NASDAQ: MSFT ). Coinbase Global Inc (NASDAQ: COIN ), who could be considered a rival of MetaMask was not listed as a participant in the funding round. Coinbase was an investor in the company’s last funding round in November at a $3 billion valuation. ConsenSys’ revenue for 2021 was not disclosed, but was in the … Full story available on Benzinga.com

The private sale portion included Circle and Coinbase among its investors.

What happened: An anonymous cryptocurrency wallet holding $30,986,113 of Bitcoin … Full story available on Benzinga.com

By offering several cost alternatives, Oxio has become the first internet service provider in Canada that is providing a payment alternative accepting cryptocurrencies. It has also partnered with Coinbase, a bitcoin payment network that is entirely safe and secure.