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...
ARK Innovation, Coinbase, and Tesla Surge as Stocks Rally on Friday
Struggling stocks such as Tesla, Carvana, and Coinbase all experienced double-digit gains on Friday as part of a market rally on the New York Stock Exchange.
Cathie Wood's ARK Innovation ETF, which comprises newsmaking tech innovators, advanced by 5% to mark a monthly gain of 25%...
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...