Coinbase Global Inc. (COIN) News
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Latest COIN News From Around the Web
Below are the latest news stories about COINBASE GLOBAL INC that investors may wish to consider to help them evaluate COIN as an investment opportunity.
Why Coinbase Stock Jumped 43% Last YearShares of cryptocurrency company Coinbase Global (NASDAQ: COIN) jumped 42.8% in 2024, according to data provided by S&P Global Market Intelligence. The obvious catalyst for Coinbase were the big gains from Bitcoin (CRYPTO: BTC), the largest cryptocurrency in the world. The less obvious tailwind for Coinbase was the adoption trend for USD Coin (CRYPTO: USDC). |
Crypto giant Ripple plans to ‘imminently’ debut its stablecoin on major exchanges: Can it gain market share?A Ripple executive says RLUSD has seen ‘incredible momentum’ since its launch. |
Synthetix Shifts Focus to Coinbase’s Base Network, Closes Perpetual Markets on ArbitrumSynthetix has announced that it will transition its perpetual markets on the Arbitrum network to a close-only mode. |
XRP, XLM and DOGE See Recovery in Stateside DemandThese tokens are once again prices more or less the same on Coinbase and Binance. |
Coinbase faces CFTC scrutiny in ongoing Polymarket investigationThe crypto betting platform is banned in the U.S. but gained increased prominence during the 2024 U.S. presidential election. |
Polymarket's Customer Data Sought by CFTC Subpoena of Coinbase, Source SaysThe U.S. Commodity Futures Trading Commission is said to be seeking information about customers' interactions with the prediction market site Polymarket. |
Bitcoin falls to lowest level since November as Trump rally loses steam in inauguration run-upBitcoin fell as low as $91,600 Thursday — its lowest level since November. |
Cryptocurrency Prices And News: Bitcoin Retreats To $93K Amid ETF OutflowsCryptocurrency News: Bitcoin and cryptocurrency prices traded lower early Thursday as they continue to retreat after Tuesday's economic data. Spot bitcoin ETFs on Wednesday recorded nearly $569 million in outflows, marking the second-largest total since their January 2024 launch. The Fidelity Wise Origin Bitcoin ETF led with $258.7 million in outflows, followed by the iShares Bitcoin Trust ETF at $124 million in outflows. |
Coinbase Notifies Users of CFTC Subpoena Related to Polymarket InvestigationCoinbase has reportedly been served with a subpoena from the Commodity Futures Trading Commission (CFTC) concerning the crypto prediction market platform Polymarket. |
Three Reasons to Avoid COIN and One Stock to Buy InsteadCoinbase’s 18.9% return over the past six months has outpaced the S&P 500 by 12.8%, and its stock price has climbed to $261.45 per share. This run-up might have investors contemplating their next move. |