Coinbase has been in the spotlight over recent periods, marked by fluctuating stock prices and varied reception to its Q3 earnings. It was reported that the firm posted a
profit for the quarter despite experiencing surprising elements. However, some retained confidence with an analyst reaffirming the stock as a buy.
Visa teamed up with Coinbase, providing real-time crypto purchases via debit cards. The firm also
invested $25M in the upcoming 2026 midterm elections demonstrating a commitment to pro-crypto super PACs. Despite some positives, there was a substantial decline in Coinbase shares after missed Q3 earnings, indicating softer market conditions. Consequently, Coinbase announced a $1 Billion buyback plan. In an unexpected move, Crypto.com reportedly overtook Coinbase in North American crypto trading. The Options Market signals a potential 22% spike in Coinbase. Coinbase continues its battles with the FDIC while striving to bridge the gap between crypto and AI. The firm just
launched a fast AI agent creator. An important development was the launch of
Silver (SLR) and Stellar (XLM) futures from Coinbase derivatives.
Coinbase News Analytics from Thu, 03 Oct 2024 07:00:00 GMT to Sat, 02 Nov 2024 22:33:52 GMT -
Rating -5
- Innovation 7
- Information 8
- Rumor 2
