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Coinbase claims that Q1 is already showing improvements over Q4. Despite recording a 5% increase in its Q3 earning, crypto exchange Coinbase Global Inc (NASDAQ: COIN) still has some negative reports to take away from its Q4 revenue. According to its earnings report, Coinbase made $605 million in revenue in
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The staking services offered by cryptocurrency exchange Coinbase are “fundamentally different” to what was offered by its peer exchange Kraken — which recently came under fire from the United States securities regulator — according to Coinbase's head lawyer.Paul Grewal, Coinbase’s chief legal officer, made the comments in his response to
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United States-based cryptocurrency exchange Coinbase has beaten revenue expectations for the fourth quarter of 2022 but continued to see its transaction volume decline.Net revenue for the exchange came in at $605 million for the quarter, beating the $589 million revenue reportedly estimated by Wall Street analystsTransaction volumes decreased 12% compared
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The crypto exchange reported its fourth-quarter earnings on Tuesday after the close. Original Source
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Ark Invest increased its Coinbase shares holding via its two ETFs, ARKK and ARKW, spending more than $20 million on COIN since January. ARK Investment Management LLC (Ark Invest) is already enjoying dividends on the Coinbase (NASDAQ: COIN) shares it purchased last week. Between February 13th and 17th, the investment management firm
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Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,” the executive stressed. Coinbase’s CEO on Cryptocurrency Regulation The CEO of the Nasdaq-listed cryptocurrency exchange
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Analysts at J.P. Morgan cut their price target for Coinbase (COIN) stock from $60 to $52 for the year ending in December, a report from the bank on Friday showed. Source
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“Anchorage Digital Bank, the first and only fully operational OCC-chartered digital asset bank, is unequivocally a ‘qualified custodian’,” said Georgia Quinn, the company’s general counsel, in a statement. “While Anchorage Digital would be largely unaffected by the proposed rule, we plan to work with all stakeholders to ensure any transition
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Cathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline.On Feb. 10 and Feb. 13, Ark made its first COIN purchases since mid-January, adding significant exposure to the United States’ largest crypto exchange.Last Friday, Ark bought 139,105 COIN shares for the ARK
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The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” and that the creators of the nine tokens, that are at the centre of the insider trading case, are not linked to the case. Source
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