Streetbeat News

COIN

Coinbase Global, Inc.

https://www.coinbase.com

Industry

Software - Application

Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.

Open

282.51

Mkt cap

77B

Volume

18M

High

306.45

P/E Ratio

52.02

52-wk high

334.86

Low

276.02

Div yield

N/A

52-wk low

94.90

Crypto-linked stocks are experiencing a decline as Bitcoin's price drops below $60,000.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:17 am

Deep-pocketed investors are showing significant interest in Coinbase Glb (NASDAQ:COIN) with a notable increase in options activity. The sentiment is mixed, with 48% bullish and 40% bearish. Analysts have varied opinions, with price targets ranging from $206 to $320.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 6:00 pm

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 2:23 pm

Cryptocurrency firms, led by Coinbase, are heavily investing in the 2024 U.S. presidential election, with a record $1.5 billion in donations. This marks a strategic move to influence regulatory policies affecting digital assets.

Portfolio Pulse from Murtuza Merchant

August 27, 2024 | 12:00 pm

The article highlights unusual options activity for several financial stocks, indicating potential trading opportunities. Notable mentions include bearish call options for SQ, TFC, WFC, and PYPL, bullish call options for HASI, AFRM, and VIRT, and bullish put options for MS and COIN.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 5:35 pm

The article highlights unusual options activity in the financial sector, focusing on large trades by 'whales' in various stocks. Notable trades include bearish put options for KKR, MS, and RILY, bullish call options for LC and V, and a mix of sentiments for other stocks like AFRM, COIN, WFC, JPM, and PYPL.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 5:35 pm

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 4:57 pm

US stocks are poised for a strong start as traders anticipate dovish comments from Fed Chair Jerome Powell at Jackson Hole. Nvidia's earnings are expected to reinforce the strength of tech stocks. SPDR S&P 500 ETF Trust and Invesco QQQ ETF showed gains in premarket trading. Several companies, including BILL Holdings, CAVA Group, Ross Stores, and Workday, saw significant premarket movements following earnings announcements.

Portfolio Pulse from Shanthi Rexaline

August 23, 2024 | 10:39 am

Wealthy investors are showing interest in Coinbase Glb (NASDAQ:COIN) with a mix of bullish and bearish options trades. A total of 68 unusual options trades were identified, with a significant amount of money involved. The stock is currently trading at $199.93, down by 3.05%. Analysts have mixed ratings, with a consensus target price of $257.4.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 6:15 pm

Bitcoin's price surged above $61,000 as Bitcoin spot ETFs recorded significant inflows, led by Grayscale's mini ETF and Fidelity's ETF. Despite mixed sentiment in Grayscale's flagship ETF, the overall trend is positive. Ethereum ETFs faced outflows, but Ethereum's price still rose. The market is buoyed by a dovish Fed stance, with attention on upcoming Fed Chair Powell's speech.

Portfolio Pulse from Murtuza Merchant

August 22, 2024 | 12:32 pm

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