Coinbase Stock Drops Once More – How Low Will It Go?

Coinbase stocks have earned a reputation for hitting all-time lows of late, and investors no longer see it as a surprise. On Thursday, December 15, [...]

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Coinbase stock soars after firm inks deal with Google

Coinbase (NASDAQ: COIN) jumped nearly 4% in pre-market trading on Tuesday to hit prices of $69.88. COIN was trading around $68.07 at the time of writing, about 4.23%.

Accordingly, the Coinbase shares had gained by more than $2.85 on the day as stock markets neared opening, with the gains coming on the back of crypto news relating to the crypto exchange and global tech giant Google.

On Tuesday, the two firms announced that they had struck a partnership that would see Google allow a selection of its customers to pay for its cloud services with cryptocurrency. The crypto payment support will start in 2023, the companies said in a press release.

With this collaboration, Coinbase will adopt Google Cloud as its strategic cloud service provider as well as leverage the tech giant’s data and analytics technologies to help drive crypto and Web3 adoption.

Commenting on the partnership, Coinbase co-founder and CEO Brian Armstrong said:

“We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers. With more than 100 million verified users and 14,500 institutional clients, Coinbase has spent more than a decade building industry-leading products on top of blockchain technology. We could not ask for a better partner to help execute our vision of building a trusted bridge into the Web3 ecosystem.”

Coinbase Commerce, which supports multiple cryptocurrencies, will power the payment option, broadening the payment methods available to Google Cloud customers. When it goes live, the system will see the clients access digital assets like Bitcoin, Ethereum, Dogecoin and Shiba Inu to pay for services.

The crypto exchange’s ecommerce platform also supports major stablecoins including USDC and USDT.

Coinbase’s stock remains more than 73% down year-to-date, with the crypto stock trading largely in tandem with the crypto market. Google shares are down more than 32% YTD.

The post Coinbase stock soars after firm inks deal with Google appeared first on Invezz.

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Cramer’s Investment Tips Backfired! Two New Cramer’s ETFs are Filed with SEC

Jim Cramer, a popular host of CNBC’s Mad Money who believes he is a mysterious crypto and stock advisor. He

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Coinbase stock: COIN dumps amid fresh SEC probe

Coinbase (NASDAQ:COIN) stock has dumped more than 12% in intraday trading on Thursday, the company’s shares currently poised at $82.80. The downside has the stock losing around $11.30 since trading on Wall Street on Thursday.

Thursday’s losses for COIN come after Coinbase posted more than $1 billion in losses for Q2, the loss reflecting a downside of nearly $5 per share. This is also happening amid a broader lull across equities, with both S&P 500 and Nasdaq struggling to hold onto Wednesday’s gains.

The Coinbase stock is engulfed in a bearish battle, the dip coming after reports emerged the crypto exchange is being investigated by the SEC in relation to the platform’s staking programs.

In July, the SEC announced a probe against Coinbase over allegations of listing unregistered securities. This came days after the agency charged the exchange’s former product manager for insider trading, with the listing of nine alleged security tokens even seeing Binance US delist the Amp (AMP) token.

The latest investigation against Coinbase relates to its staking and yield farming services, the exchange noted in its Q2 report. According to the platform, the SEC had send “investigative subpoenas” asking for details and documents on the programs.

The negative news seems to be weighing COIN down and could see the token flip lower. The main support levels remain recent lows seen in July.

The post Coinbase stock: COIN dumps amid fresh SEC probe appeared first on Invezz.

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Bill Miller Touts Bitcoin and Coinbase Stocks as Goods Investments while Issuing a Warning to Altcoins

Renowned Wall Street investor Bill Miller is once again advising investors to capitalize not only on Bitcoin but also Coinbase stocks and issues warn on altcoins. (Read More)

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Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto

Jim Cramer, the host of CNBC’s Mad Money thinks Coinbase is the “natural repository of crypto” and has recommended buying the stock.

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Cathie Wood very positive on Coinbase after Ripple court ruling

Cathie Wood, the founder and CEO of ARK Investment Management, said she remains bullish over Coinbase in light of Ripple’s partial victory over the Securities and Exchange Commission on July 13.  While Wood noted the ruling wasn’t in outright favor of Ripple, she lauded the outcome as “by and large, very positive for [crypto] exchanges.” [...]

The post Cathie Wood very positive on Coinbase after Ripple court ruling appeared first on Crypto Breaking News.

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Coinbase stock breaks $300 for first time since 2021

The crypto exchange is one of the big winners from the United States elections on Nov. 5.

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Coinbase Unveils $25M For Political Donations As Stocks Suffer Worst Day In Over Two Years

In a strategic move to increase its influence in the political landscape, US-based cryptocurrency exchange Coinbase has committed an additional $25 million to Fairshake, a political action committee (PAC), as it prepares to support pro-crypto candidates ahead of the 2026 midterm elections. Coinbase CEO Armstrong Commits $25M To Fairshake Coinbase CEO Brian Armstrong confirmed the [...]

The post Coinbase Unveils $25M For Political Donations As Stocks Suffer Worst Day In Over Two Years appeared first on Crypto Breaking News.

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Base mulls launching tokenized COIN stock

The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.

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Coinbase Still Holds Their Stocks Up Comparing January Losses

Following the dispute between the U.S. Securities and Exchange Commission (SEC) and Coinbase, the cryptocurrency exchange, the stock of Coinbase

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CoinBase Surprises Wallstreet with Stronger-than-expected Q1 Earnings...

Crypto prices rise, and Coinbase shares soar after Q1 earnings beat expectations:
Video courtesy of CNBC
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