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SEC Asked Coinbase to Delist All Cryptocurrencies Except Bitcoin Before the Lawsuit

The Financial Times recently published a report that sheds new light on the lawsuit that U.S. Securities and Exchange Commission (SEC) initiated against the U.S.-based crypto exchange Coinbase. According to the report, SEC initially asked Coinbase to delist all the cryptocurrencies except Bitcoin before...

Coinbase Stock Plunges After SEC Warning

Crypto exchange Coinbase saw its stock plunge in after-hours trading on Wednesday after weeks of continued growth. The company’s shares have been close to 20 percent down compared to their close price of $77.14 due to a warning from Securities and Exchange Commission (SEC). In...

Cathie Wood’s Ark Invest Buys $20.6 Million-Worth Coinbase Shares

Crypto exchange Coinbase has seen its stock plummet by more than 17% this week as a result of the crisis in the cryptocurrency market caused by the collapse of crypto-friendly Silvergate Bank. Ark Invest, helmed by famed investor Cathie Wood, used this opportunity to...

Coinbase CEO Says They “Try Not to Get Focused on Short-Term Ups and Downs”

It seems like the “crypto winter” isn’t going away anytime soon, but Coinbase CEO Brian Armstrong doesn’t seem to be worried about it at the moment. In a recent interview with CNBC, Armstrong said that crypto downturns are nothing unusual and that the crypto...

Coinbase Stock Soars 15% After Partnership With BlackRock

Crypto exchange Coinbase has seen its stock (COIN) soar 15% on Thursday following an announcement of the partnership with investment management firm BlackRock. The partnership between the two companies will allow institutional clients to buy Bitcoin, something that investors obviously see as a positive...

Goldman Downgrades Coinbase Stock from Neutral to Sell

Goldman Sachs analysts are not high on shares of cryptocurrency exchange Coinbase despite signs that the crypto market is healing. The analysts at the American investment bank have recently updated the rating of Coinbase stock (COIN) and downgraded it from Neutral to Sell. Sending a...