The Latest Breaking News from COIN

Someone with a lot of money to spend has taken a bearish stance on Coinbase Global (NASDAQ:COIN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Someone with a lot of money to spend has taken a bearish stance on Coinbase Global (NASDAQ:COIN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

After a record-breaking bull run last year, the crypto market has witnessed a massive sell-off on concerns over macroeconomic and geopolitical headwinds. Many experts expect the crypto market to witness further pressure, so it could be wise to avoid fundamentally weak crypto-exposed stocks Block (SQ), Coinbase Global (COIN), and Riot…

Since the Fed’s hawkish monetary policy stance to control the raging inflation is expected to keep the stock market under pressure in the upcoming months, we think it could be wise to avoid fundamentally weak stocks Uber Technologies (UBER), Coinbase Global (COIN), Peloton Interactive (PTON), FuelCell Energy (FCEL), and Marathon…

Cryptocurrency exchange Coinbase Global (COIN) is currently trading nearly 82% below its 52-week high, given its poor fundamentals and the crypto market’s downtrend. Analysts cut their price targets on the stock, citing deteriorating crypto trading. So, we think it could be wise to avoid the stock now. Continue reading….

Robinhood (HOOD) is a securities brokerage firm that offers commission-free investing services. Stocks traded on the HOOD platform are considered highly popular. However, not all the hyped stocks traded on the HOOD platform possess fundamental strength. Hence, amid the persistent market volatility and looming recession, fundamentally weak Robinhood stocks PayPal…

Wall Street has been abuzz with the return of the meme stocks craze over the past few months. However, as the stock market is expected to remain under considerable pressure in the upcoming months, it could be wise to avoid fundamentally weak overhyped stocks Rivian Automotive (RIVN), Coinbase (COIN), DraftKings…

With stubbornly high inflation, rising interest rates, and growing fears of a recession, several businesses have been slashing headcount remarkably to reduce costs and stay afloat. In addition to their weak fundamentals and dim growth prospects, the announcements of layoffs have also impacted the performance of Shopify (SHOP), Coinbase (COIN),…

Cryptocurrency markets are expected to remain under pressure due to the impending rate hikes and regulations. Moreover, the market might witness more volatility with the Ether merger on the horizon. Hence, the blockchain stocks Block, Inc. (SQ), Coinbase Global (COIN), and Riot Blockchain (RIOT) might be avoided if you’re bearish…

The Fed’s hawkish stance has increased the odds of the economy tipping into a recession. Therefore, it could be wise to avoid fundamentally weak crypto-focused stocks Coinbase Global (COIN) and Riot Blockchain (RIOT), as they are not well-positioned to survive the market uncertainties. Read on….

Cryptocurrency exchange Coinbase Global (COIN) is down more than 70% year-to-date. It could be difficult for the stock to recover as it currently faces several investigations for potential wrongdoings, and the crypto market is expected to remain under pressure. So, will it be wise to add the stock to your…