Coinbase Stock News

The company has reported profit every quarter since it went public, and yet the stock is down 48%.

Last year, institutions traded $1.14 trillion of cryptocurrencies on Coinbase, more than double retail investors'' total.

After posting strong year-end results, the crypto exchange warned that 2022 is off to a lackluster start amid drops in crypto market cap.

Compass Point analyst Chris Allen on Monday lowered his price target on cryptocurrency exchange Coinbase (COIN) to discount its expense outlook for 2022.Cut price target to $200 per…

Monday''s top analyst upgrades and downgrades included AbbVie, Alcoa, Alibaba, Best Buy, Beyond Meat, Block, Coinbase Global, Foot Locker, GoPro, Home Depot, Lithium Americas, Nvidia, TotalEnergies, Under Armour, Virgin Galactic, VMware, Zscaler.

If you''ve been on the fence about this stock, here''s the news you''ve probably been waiting for.

The non-fungible token market continues to heat up with strong sales volume on OpenSea, an NFT marketplace for buying and selling items. A waitlist for the highly anticipated Coinbase Global Inc (NASDAQ: COIN ) NFT marketplace has more than 2.5 million people signed up, which could increase the valuation and demand for NFT projects. Every week, Benzinga takes a look at the top 10 NFT projects by sales volume. Here is a look at the top 10 NFT projects from the past week, as reported by CryptoSlam . Invisible Friends : $57.5 million, N/A 3Landers : $42.2 million, +289.4% Tubby Cats : $37.8 million, N/A Bored Ape Yacht Club : $25.6 million, +49.7% Mfers : $18.6 million, -4.6% NFT Worlds : $16.6 million, -20.0% Azuki : $15.1 million, -58.3% CloneX : $14.7 million, -12.0% Starcatchers : $14.4 million, N/A Howlerz : $13.9 million, N/A Related Link: Invisible … Full story available on Benzinga.com

A dark week looms for macro markets while the weekend succeeds in providing some respite for crypto traders. Bitcoin ( BTC ) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Tensions mount for TradFi markets open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD making several attempts to break out of the $30,000-$40,000 corridor Sunday, all of which ended in rejection. The pair had stayed broadly higher throughout the weekend, cutting traders some slack after a week of volatility at the hands of geopolitics and media headlines. Now, $38,500 was the level to watch for Bitcoin to close out the week and the month — failure to do so would mean a fourth straight monthly red candle. #Bitcoin has less than 36 hours to close above $38.5k in order to break the streak and avoid having 4 straight red monthly candles https://t.co/PX45GlOLrZ — Matthew Hyland (@MatthewHyland_) February 27, 2022 As Cointelegraph reported , bulls were spared a lower low last week, despite the downside move on the Ukraine invasion, bottoming out at $34,300 versus $32,800 in January. "Cautiously optimistic this is a short to mid-term bottom for BTC," popular trader and analyst Pentoshi continued . "I pulled my 40.3k orders (not great) and will focus higher to 41.6k for de-risking.

Professional investors traded $1.14 trillion worth of cryptocurrencies on exchange Coinbase Global in 2021, up from just $120 billion the year before, underscoring the rapid mainstreaming of cryptocurrencies in recent years.

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The post Executive Leaves Goldman Sachs for Coinbase — Says It’s Time to Embrace Crypto, Create Economic Freedom – Coinotizia appeared on BitcoinEthereumNews.com . An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,” he said, adding that the change is…

Top US crypto exchange Coinbase is enduring plummeting trading volume and a decreased number of users in the first quarter of 2022, according to the

Roger Bartlett, a Goldman Sachs executive, announced his departure from the investment bank in a LinkedIn post to join Coinbase Global. Bartlett will serve as the global head of operations for the major U.S. cryptocurrency exchange. The former Goldman Sachs executive is the latest high-ranking veteran to bid adios to Wall Street in favor of […]

Top US crypto exchange Coinbase is enduring plummeting trading volume and a decreased number of users in the first quarter of 2022, according to the platform''s CFO.

Coinbase is the world’s premier cryptocurrency exchange with unmatched trading volume and a long history of industry-leading security. The… Continue reading on Medium »