Bitcoin/USD Coin Metrics
Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record
The Coinbase logo is reflected on a cellphone screen in London, England, on Nov. 9, 2021. Leon Neal | Getty Images News | Getty Images Coinbase shares slid on Tuesday after the company announced a $2 billion private offering of convertible senior notes. Shares were last down more than 5%. The decline occurred as investors […]
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Expect the crypto rally to cool in August as new tariffs ratchet up macroeconomic concerns
Institutional adoption of cryptocurrencies has been trouncing the macroeconomic narrative as the main performance driver for the past two months. Now investors should look for a reversal of that dynamic over the coming month, however. Ether stole the spotlight from bitcoin in July, roaring ahead more than 49% in the month, but bitcoin still managed […]
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Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone
CANNES — Ten years ago, Vitalik Buterin and a small band of developers huddled in a drafty Berlin loft strung with dangling lightbulbs, laptops balanced on mismatched chairs and chipped tables. They weren’t corporate titans or venture-backed founders — just idealists working long nights to push a radical idea into reality. From that sparse office, […]
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Crypto wobbles into August as Trump’s new tariffs trigger risk-off sentiment
A screen showing the price of various cryptocurrencies against the US dollar displayed at a Crypto Panda cryptocurrency store in Hong Kong, China, on Monday, Feb. 3, 2025. Lam Yik | Bloomberg | Getty Images The crypto market slid Friday after President Donald Trump unveiled his modified “reciprocal” tariffs on dozens of countries. The price […]
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Coinbase shares tumble as second-quarter revenue disappoints
Coinbase shares fell Thursday as second-quarter revenue came in shy of analysts’ estimates. Gains in the cryptocurrency exchange’s subscription revenue failed to offset weaker trading volumes during the quarter. In the quarter ended June 30, Coinbase net income rose to $1.43 billion, or $5.14 per share, from $36.13 million, or 14 cents per share, a […]
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Coinbase says it’s launching tokenized stocks, predictions markets for U.S. users in coming months
Thiago Prudencio | LightRocket | Getty Images Coinbase is planning to expand its core trading app beyond crypto, the company said Thursday. The newly imagined “everything exchange” will include tokenized real-world assets, stocks, derivatives, prediction markets and early-stage token sales. The new offerings will roll out in the next few months, first to U.S. users, […]
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SEC debuts ‘Project Crypto’ to bring U.S. financial markets ‘on chain’
Jakub Porzycki | Nurphoto | Getty Images The Securities and Exchange Commission on Thursday debuted “Project Crypto,” an initiative to modernize securities rules and regulations to allow for crypto-based trading. “To achieve President Trump’s vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of […]
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At 10 years old, Ethereum’s future is brighter than ever despite recent setbacks
Omar Marques | Lightrocket | Getty Images It’s been a decade since Ethereum’s inception, and although its native ether token has largely struggled for the last half of it, its future looks brighter than ever. Ether has become more attractive to institutions in recent weeks largely due to legislation around stablecoins – most of which […]
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MicroStrategy copycats are getting out of control as Canadian vape company joins fray
The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov. 6, 2024. David Lombeida | Bloomberg | Getty Images The crypto market’s bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication. On Monday, a little-known Canadian vape company saw its stock surge […]
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Bull market enters the ‘anything goes’ phase. Should you follow?
“Hey, you never know” was the catchphrase of New York State Lottery ads through much of the 1990s. An old friend in advertising who worked on another state’s lottery account once told me his creative team couldn’t get that line out of their minds, failing to improve upon the way it so perfectly captured the […]
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