Coinbase Global, Inc. (COIN)

Bitcoin mining company Riot Platforms, Inc. announced increased credit facility of $200 million with Coinbase Credit to optimize capital usage and support long-term value creation.

This marks a turnaround from the May 8 vote, when Senate Democrats blocked the measure over concerns about consumer safeguards and national security implications.

Coinbase Global Inc. CEO Brian Armstrong celebrated a significant milestone for cryptocurrency regulation after the GENIUS Act cleared its first major procedural hurdle in the Senate with bipartisan support.

Markets edge higher despite Moody’s downgrade, as Nvidia, UnitedHealth, and JPMorgan make headlines. Stagflation fears resurface.

Coinbase Global Inc. confirmed Monday, May 19, that the Department of Justice has launched an investigation into the recent cybersecurity breach at the cryptocurrency exchange.

Wrapping up Q1 earnings, we look at the numbers and key takeaways for the consumer internet stocks, including Coinbase (NASDAQ:COIN) and its peers.

Growth boosts valuation multiples, but it doesn’t always last forever. Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.

Large-cap stocks surged in the last week. CoreWeave, Super Micro, Coinbase, NRG Energy, Astera Labs, First Solar, Exelixis, Rocket Lab, Hims & Hers, On Holding and Gap were the top performers.

Robinhood, Nu, and Coinbase are all great long-term investments.

Wall Street ended the week higher, driven by trade optimism despite weak consumer confidence data and mixed corporate earnings.

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 9.3% in the afternoon session after the company clarified that the SEC's inquiry was related to a discontinued user-metric last reported more than two and a half years ago. 

With Coinbase (COIN) set to be added to the S&P 500 on May 19, ETFs with exposure to the stock have seen a surge in value.

The U.S. Securities and Exchange Commission is investigating whether Coinbase misrepresented its user numbers in past disclosures.

Wall Street ends mixed as inflation cools, Deere beats expectations, Walmart warns on prices, and oil sinks on Iran deal hopes.

U.S. stocks experienced mixed trading on Thursday, the Dow Jones Industrial Average rose 0.65% to 42,322.75, while the S&P 500 gained 0.41% to 5,916.93. The tech-heavy Nasdaq declined nearly 0.2% to 19,112.32. These are the top stocks that gained the attention of retail traders and investors throughout the day:

China's ATXG (NASDAQ: ATXG) plans to acquire up to $800M in crypto through a share-based deal, signaling a pivot into the digital asset space.

Building your watch list? Look for stocks with an 80-plus RS Rating. Coinbase Global stock just met that criteria with a new score of 81.

Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) fell 5% in the afternoon session after the company announced it got emails from hackers who claimed they broke into user accounts, accessed customer data, found internal documents, and took notes tied to help desk tools and account management systems. 

Wells Fargo upgraded the stock, citing momentum with hyperscalers and sovereign AI, and sees continued upside in valuation.

Bitcoin's (CRYPTO: BTC) recent surge to $104,000 has been driven primarily by spot accumulation and a notable reduction in sell-side pressure, according to Glassnode's market report released Thursday.

Goldman Sachs analyst James Yaro discusses retail broker and investment bank stocks, noting strong performance and optimistic outlook.

CoreWeave is set to receive $4 billion from OpenAI under a multi-year agreement running to 2029.