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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 Cash Reserves Should Help Them Survive Winter

Although Wall Street's estimates for Coinbase's second quarter were higher than the actual result, analysts are claiming that the cryptocurrency company will do just fine in the near future. Indeed, amid disappointing recent results, it's surprising to see such optimism in lieu of what many...

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...

Coinbase Announces Decision to Lay Off 1,100 Employees

Coinbase, one of the world's largest cryptocurrency exchanges, announced that it will lay off 18 percent of its workforce as a result of a possible recession and upcoming "crypto winter." This means that around 1,100 of Coinbase's full-time employees will have to search for...

Coinbase CEO Blasts Employees Looking for Management Changes

Cryptocurrency exchange Coinbase has a new challenge to deal with on top of the crashing crypto market. The company was recently a subject of an anonymous online petition from employees who are looking for changes in management. And that didn't sit well with Coinbase...