The Latest Breaking News from COIN

3 Stocks Taking Big Hits From Recent Layoffs

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),…

StockNews.com · Sep 14, 2022

3 Blockchain Stocks to Sell if You’re Bearish on Crypto

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…

StockNews.com · Sep 12, 2022

2 Stocks to Avoid if You Don't Want to Lose Money

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….

StockNews.com · Sep 7, 2022

1 Crypto Stock You'll Want to Sell, Liquidate or Avoid This Week

Cryptocurrency exchange Coinbase Global (COIN) has had a challenging year with accusations of insider trading against a former employee and an SEC probe on unregistered securities trading on its platform. The stock is down more than 75% year-to-date and could continue its downtrend given its weak financials and unfavorable analyst…

StockNews.com · Aug 2, 2022

Benzinga Before The Bell: Walmart's Outlook Cut, Apple's Self Driving Car Dreams, Coinbase's SEC Investigation And Other Top Financial Stories Tuesday, July 26

CNBC

Benzinga · Jul 26, 2022

Benzinga Before The Bell: Snap's Dismal Earnings, Amazon's Healthcare Foray, Robinhood Moves 41B Dogecoin Into Single Wallet And Other Top Financial Stories Friday, July 22

Reuters

Benzinga · Jul 22, 2022

Is the Crypto Collapse Finally Over? Which Ticker to Look at First

Crypto assets have seen a massive fall from their late 2021 highs. Coinbase Global (COIN) has fallen 78.5% year-to-date due to the highly uncertain macroeconomic environment. Despite its poor financials, the company remains bullish on its investments in decentralized finance and NFTs. However, given the unfavorable analyst estimates about COIN’s…

StockNews.com · Jul 13, 2022

Bitcoin Craters Nearly 40% in June, Time to Dump Coinbase Stock?

Shares of cryptocurrency exchange Coinbase Global (COIN) lost significantly, with Bitcoin witnessing its biggest monthly drop since 2011 last month. The decline in retail crypto transactions and the company’s poor financials damaged investors’ sentiment about the stock. So, is COIN a Buy at the current price level, or is there…

StockNews.com · Jul 6, 2022

Cathie Wood Loads Up Another $459,520 In Bitcoin-Linked Stock On The Dip

Cathie Wood-led Ark Investment Management bought 7,198 shares in Block Inc (NYSE: SQ) on Wednesday, estimated to be worth $459,520.

Benzinga · Jun 30, 2022

Crypto Winter Is Coming...Should You Avoid COIN?

The shares of cryptocurrency-centric financial technology company Coinbase Global (COIN) have plunged significantly over the past few months. While the decline in crypto-related stocks is strongly tied to the broader sell-off in cryptocurrencies, can the company maintain its market standing, given its poor financial performance? Let’s find out….

StockNews.com · Jun 24, 2022