Why Analysts Aren't Worried by Coinbase's Stock Dive After Earnings Miss
Although Coinbase shares fell 17% on Friday, the stock could gain ground as the trading platform expands its services through different acquisitions, analysts wrote.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Coinbase Plans Pro Return With Crypto Options and Stock Trading
Coinbase Pro is scheduled to return at year-end as the exchange expands access to crypto options and combines trading tools across...
Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens
Bitcoin’s US-session weakness is deepening as BTC prices on Coinbase trade at a $64 discount to Binance, the largest global crypto...
Coinbase rolls out 10x spot leverage, but blocks US retail from it
Coinbase plans to introduce spot borrowing with up to 10x leverage, letting eligible traders borrow against collateral to buy cryp...
Bitcoin miners escape months of distress as daily revenue surges by 78%
Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%. According t...
Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high
US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued...
Securitize Brings Nvidia, Apple and Amazon Onchain With Tokenized Stocks on Solana
The new Securitize Stocks product launches with 12 names backed one-to-one by real shares—preserving dividends and voting rights—t...