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The Latest Breaking News from Coinbase

Coinbase slumps 10% after missing key Q3 earnings targets

Transaction revenue, a main source of profit for the platform, fell 27% from last quarter.

Fortune

Dow Jones Futures Fall As Microsoft, Meta Slide, Robinhood Dives; Inflation Data Due

Microsoft and Meta topped views late, though their stocks diverged. Robinhood and two bitcoin plays sold off.

Investors Business Daily

Coinbase Stock Dives 15% On Earnings Miss. Bitcoin Nears Record Highs Ahead Of The Presidential Election.

Coinbase announced third-quarter earnings and revenue late Wednesday. Bitcoin is trading around $70,000, just below its March 14 record high of $73,798.

Investors Business Daily

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NYSE To Extend Trading To 22 Hours: Keeping Up With Robinhood, Tesla

The New York Stock Exchange plan follows "24/5" extended trading at Robinhood and elsewhere.

Investors Business Daily

Coinbase vs. MicroStrategy: Which Bitcoin Stock is a Better Buy?

Coinbase and MicroStrategy are two large-cap stocks that provide investors with exposure to Bitcoin, the world's largest cryptocurrency.

Barchart

Elon Musk Agrees With Coinbase CEO's Endorsement Of Pro-$XRP Deaton 'Warren Has To Go'

Elon Musk is joining the list of crypto executives who believe Massachusetts should vote for John Deaton, a lawyer widely recognized in the industry for his work with XRP holders – Deaton seeks to unseat longtime Sen. Elizabeth Warren.

International Business Times

Con artist who used fake Coinbase sites to steal $20 million sentenced to prison

Chirag Tomar used the stolen crypto to purchase Lamborghinis, expensive watches, and vacations to Dubai.

Fortune

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Coinbase shares up 27% in October as Bitcoin rallies to $68,000

Coinbase shares break $210 as crypto fans hail “Uptober.”

Fortune

Bitcoin Price Tests $68,000, Spot Bitcoin ETFs Clear Key Levels

Analysts forecast bitcoin could test record highs ahead of the election. Spot Bitcoin ETF inflows spike. VP Harris reveals crypto policy.

Investors Business Daily

Bitget Wallet Outpaces Other Crypto Exchanges In September Downloads, Logs 100% 6-Month User Growth

Bitget Wallet saw a significant 100% growth in new users in the last six months, establishing the non-custodial wallet as a major player in bridging the Web2—Web3 gap.

International Business Times

'No Other Choice': Crypto.com Sues SEC After Receiving Wells Notice

Crypto.com is taking the SEC to court after the crypto exchange received a Wells notice, joining the expanding list of crypto-related firms that have been threatened with enforcement action for their services and offerings.

International Business Times

Coinbase’s venture arm will boost earnings in coming year, VP says

Shan Aggarwal says Coinbase Ventures has carried out “selective exits.”

Fortune

Coinbase ERC-20 Self-Service Asset Recovery Tool Now Available On Base

Coinbase's ERC-20 self-service asset recovery tool is now available on Base – what is this offering and why is it significant in the evolving crypto space?

International Business Times

VP Debate 2024: Where Does The US Government and Presidential Candidates Stand With Crypto

With the US VP Debate 2024 tonight and elections just weeks away, crypto is becoming a heavyweight in the political scene.

International Business Times

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International Business Times

'Not A Good Sign': Crypto Users Demand Answers Over Purported Coinbase Transaction Limits

Several Coinbase users are raising concerns about their accounts being restricted, and things are getting serious by the hour as some users have accused the crypto exchange giant of not having enough crypto reserves for the assets it is offering to consumers.

Fortune

Coinbase CEO and others blast Bill Maher for ‘grossly wrong’ take on crypto’s environmental impact

A community note on X called his claims “factually incorrect."

International Business Times

SEC vs Coinbase: Court Questions Regulator's Limited Reasoning In Denial Of Rulemaking Request

Coinbase collided with the SEC Monday as the crypto exchange giant continues to push the Wall Street regulator for crypto-centric rulemaking, which the Commission has refused.

International Business Times

In First, Harris Vows Support For Digital Assets At NYC Fundraiser: Report

For the first time ever, Kamala Harris has spoken about crypto, saying she will "encourage" digital assets innovation. Is this the beginning of a significant shift, or is she a little too late in the race toward winning crypto voters?

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The Independent UK

The Trumps want to make crypto ‘user-friendly’. Here’s what you need to know about the venture that has Barron as its ‘visionary’

Donald Trump’s sons say they want World Liberty Financial to make ordinary people feel welcome in crypto. But will it protect them from the sharks? asks Io Dodds

Fortune

Coinbase shares jump almost 7% as investors bet on crypto after Fed cuts rates

Coinbase, a cryptocurrency exchange, sees gains as investors adapt to lower interest rates.

Fortune

Coinbase and Goldman Sachs alum launch TrueX, a new crypto exchange built on stablecoins

Founded by former Coinbase head of exchange Vishal Gupta, TrueX will use PayPal's stablecoin as its default settlement currency.

International Business Times

'Central Bank Bitcoin'? Coinbase's $cbBTC Token Triggers Bitcoiner Uproar

The cbBTC is only a few days old, but it is already under fire for concerns related to proof of reserves, audits, and possibly, even a government seizure.

Barchart

2 Cathie Wood Stocks for Crypto Traders to Consider Now

For crypto-focused investors, here are two Cathie Wood stocks that are catching analysts’ attention.

Fortune

Coinbase CFO says Kamala Harris is using firm to accept crypto donations

Speaking at Citi’s 2024 Global TMT Conference, Coinbase chief financial officer Alesia Haas says the exchange has increased its policy spend leading up to the election

Fortune

Exclusive: Coinbase and Square vets aim to level up stablecoins with Bridge and $58 million in funding

The "Stripe of crypto" has backing from top VC firms including Sequoia, Ribbit, and Haun Ventures.

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