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Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks HardDuring the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in the same period, Marathon Digital Holdings’ shares have dropped more than 28% […]

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Coinbase shares slump, but Base revenue signals it’s undervalued — Analyst

Crypto analyst Will Clemente believes Coinbase is “the biggest kind of venture style bet in public markets” since Tesla.

Coinbase (COIN) shares have plummeted 16% over the past five days, mirroring broader volatility in the crypto and stock markets, though one analyst suggests that investors may not be seeing the potential buying opportunity.

“The street isn’t really pricing in the crypto native revenue that I think a lot of the crypto natives understand,” crypto analyst Will Clemente said in a recent Unchained Crypto podcast.

“I think Coinbase is the biggest kind of venture-style bet in public markets since maybe Tesla about five years ago,” Clemente added.

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Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit Shares

Ark Invest Shifts Portfolio, Swaps Coinbase and Robinhood for Newly IPO’d Reddit SharesOn Thursday, Ark Invest parted ways with 133,533 Coinbase shares from its Ark Innovation exchange-traded fund (ARKK) and also disposed of 96,003 Robinhood shares from the ARKW ETF. Following these divestments, Ark Invest acquired Reddit shares for both the ARKW and ARKF ETFs. Ark’s Portfolio Pivot: COIN, HOOD Out, RDDT In This week, Cathie Wood‘s […]

Blockchain identity platform Fractal ID suffers data breach

Coinbase To Raise $1,000,000,000 in Convertible Bonds From Institutional Buyers As COIN Rallies 81% in a Month

Coinbase To Raise ,000,000,000 in Convertible Bonds From Institutional Buyers As COIN Rallies 81% in a Month

Top US-based crypto exchange platform Coinbase says it will be raising $1 billion worth of convertible bonds from institutions. In a new press release, Coinbase announced today its intention to privately offer $1 billion worth of convertible notes due in 2030  to “persons reasonably believed to be qualified institutional buyers.” “The notes will be senior, […]

The post Coinbase To Raise $1,000,000,000 in Convertible Bonds From Institutional Buyers As COIN Rallies 81% in a Month appeared first on The Daily Hodl.

Blockchain identity platform Fractal ID suffers data breach

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Coinbase Aims to Raise  Billion Through Convertible Bond Sale as Shares SpikeCoinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […]

Blockchain identity platform Fractal ID suffers data breach

Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto Surge

Goldman Sachs Reevaluates Coinbase, Eyes Neutral Stance Amid Crypto SurgeIn a significant shift, Goldman Sachs has upgraded its rating on Coinbase shares from selling to neutral, citing a surge in crypto prices and record-breaking daily volumes. The adjustment to a $282 price target reflects the bank’s reassessment of the San Francisco-based crypto exchange’s revenue potential and operational strides toward profitability. Goldman Sachs Shifts Gears: […]

Blockchain identity platform Fractal ID suffers data breach

Venture Capitalist Dan Tapiero Predicts Bitcoin Will Explode by up to 237% This Year – Here’s His Outlook

Venture Capitalist Dan Tapiero Predicts Bitcoin Will Explode by up to 237% This Year – Here’s His Outlook

The chief executive of investment firm 10T Holdings says that Bitcoin (BTC) could skyrocket by over 200% this year. In a new post on the social media platform X, venture capitalist Dan Tapiero says the flagship digital asset could appreciate to between $150,000 and $200,000 this year, a gain of roughly 153% to 237% from […]

The post Venture Capitalist Dan Tapiero Predicts Bitcoin Will Explode by up to 237% This Year – Here’s His Outlook appeared first on The Daily Hodl.

Blockchain identity platform Fractal ID suffers data breach

Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report

Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report

Coinbase’s (COIN) stock is rising after multiple reports of being upgraded to “outperform” by a prominent investment brokerage and bank. According to a new report by Yahoo Finance, financial services giant Oppenheimer expects the top US-based crypto exchange platform’s stock to outperform expectations and reach a price tag of $160. In an accompanying research note, […]

The post Coinbase Stock on the Rise After Oppenheimer Upgrade To ‘Outperform’: Report appeared first on The Daily Hodl.

Blockchain identity platform Fractal ID suffers data breach

Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest

Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours.

According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours.

Information shared by Insider Tracker, a service that shares trading information of high-profile company executives and politicians shows that Ehrsam sold 97.836 COIN shares for $13.2 million on Dec. 11.

Meanwhile, ARK Invest’s daily trade information newsletter, which provides updates on its actively managed exchange-traded funds (ETFs), showed that its ARK Innovation ETF (ARKK) had offloaded some 10,933 COIN shares valued at around $1.5 million.

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Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram

Recipients need to download a Coinbase Wallet to receive the funds, but the crypto exchange says they’ve simplified the process for less tech-savvy users.

A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular social media sites and messaging apps as the crypto exchange looks to make its service accessible to a wider market.

“Users can now send money on any platform that they can share a link,” Coinbase said in a Dec.

There’s no payment fee when sending USD Coin (USDC), a U.S.

Clicking the link will take the recipient to their device’s app store to download Coinbase Wallet — if not already downloaded — where they can create a wallet in one click, Coinbase noted.

If the funds aren’t claimed within two weeks, they will be returned to the sender.

Coinbase also made a “simple mode” for its wallet to help new and less savvy tech users which only shows basic functions like buying, sending, receiving and viewing assets.

Related: How to prepare for the next crypto bull market: 5 simple steps

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Blockchain identity platform Fractal ID suffers data breach