Coinbase Chief Legal Officer Paul Grewal wrote in a Wall Street Journal op-ed that the crypto platform is moving its state of incorporation to Texas from Delaware. Elon Musk has led the campaign to exit Delaware, reincorporating Tesla and SpaceX in Texas.
At the beginning of the month, PYMNTS reported that crypto giant Coinbase was in late-stage acquisition negotiations with U.K. stablecoin infrastructure startup BVNK. Reportedly, there was even an exclusivity agreement in place, preventing other suitors like Mastercard from making offers.
Bill Baruch, Founder and president at Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's buying more Coinbase.
Over the past week, Coinbase Global (COIN) stock has declined by 10%, and it is presently priced at $309.14.
Blockchain startup Monad will be the first project to sell its token on the new platform.
Many people buy and sell Bitcoin (CRYPTO:BTC) and other cryptocurrencies on the Coinbase Global (NASDAQ:COIN) trading platform.
Coinbase Global (COIN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
COIN's strong Q3 results and Deribit acquisition boost performance, putting ETFs with heavy exposure to Coinbase, like CRPT and IBLC, in investor focus.
Coinbase is reportedly closer to acquiring stablecoin infrastructure startup BVNK. The cryptocurrency exchange is in late-stage discussions on the approximately $2 billion purchase, Bloomberg news reported Friday (Oct. 31), citing sources familiar with the matter.
Coinbase posts a strong Q3 with earnings and revenue beats, soaring trading volumes and robust growth in subscriptions and services.
Coinbase Global Inc (NASDAQ:COIN) shares jumped around 3.5% at Friday's open after it topped Wall Street estimates for third-quarter earnings on Thursday, driven by robust trading activity and steady growth in subscription and services revenue. The largest US cryptocurrency exchange reported total revenue of $1.87 billion, above analysts' expectations of $1.8 billion, while earnings per share came in at $1.50, beating the consensus forecast of $1.21.
Coinbase remains a 'buy' after strong Q3-25 results, with net revenue up 83% year-over-year and robust institutional transaction growth. COIN's acquisition of Deribit has made it a dominant player in crypto derivatives, boosting institutional transaction margins significantly last quarter. Base network showed mixed user growth but led speed-focused peers in stablecoin transfer volume, outpacing Solana and even Ethereum in recent months.