Coinbase Global Inc
Coinbase CEO says banks are fighting stablecoin rewards with ‘boogeyman’ issues
Coinbase CEO Brian Armstrong and other crypto executives took to Capitol Hill this week as part of a regulatory showdown between the industry and banks with potentially trillions at stake. Banking advocacy groups are urging lawmakers to prohibit crypto exchanges like Coinbase from offering customers rewards that are structured like interest payments banks offer. “I’m […]
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Best Stocks: Another name to ride the trading boom than Robinhood that’s cheaper
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Robinhood (HOOD) gets lots of attention in the market given its rapid user growth and colorful approach to exposing millions of young people to investing. Its share price has increased almost […]
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Ether surges, trading close to its record again after Powell speech teasing rate cuts
Omar Marques | Lightrocket | Getty Images The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second largest cryptocurrency was last higher by 12% at $4,738.91, according to Coin Metrics. Last week, ether nearly touched its […]
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Crypto firms urge UK to form national stablecoin strategy to avoid falling behind U.S.
Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images The U.K. should establish a national stablecoin strategy to enable adoption of the tokens and avoid falling behind the U.S. on the disruptive new technology, several major crypto firms said Wednesday. In an open letter addressed to Finance Minister Rachel […]
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Crypto stocks tumble on Tuesday as investors go into risk-off mode
The Coinbase logo is displayed on a mobile phone screen with stock market percentages in the background. Idrees Abbas | Sopa Images | Lightrocket | Getty Images Crypto stocks suffered on Tuesday as investors fled tech stocks and riskier corners of the market. Among crypto exchanges, Coinbase and eToro fell more than 5% each, while […]
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Stocks making the biggest moves midday: E.l.f. Beauty, Tegna, C3.ai, CoreWeave and more
Check out the companies making the biggest moves midday: E.l.f. Beauty — Morgan Stanley upgraded the beauty brand to overweight from equal weight, prompting the stock to pop more than 9%. The bank said the consensus earnings estimate for E.l.f. is “way too low,” seeing catalysts from product pricing and the acquisition contribution of Rhode. […]
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Bitcoin retakes $120,000, ether touches 2021 highs after breaking key $4,000 level
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty Images Bitcoin is a stone’s throw from its all-time high after an overnight rally that also propelled ether to levels not seen since 2021. The price of bitcoin […]
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Stocks making the biggest moves premarket: Paramount Skydance, Nvidia, C3.ai, Intel and more
Check out the companies making headlines before the bell. Paramount Skydance , TKO Group — Shares of Paramount Skydance gained 4% after the media company acquired the U.S. rights to TKO Group’s UFC for seven years, beginning in 2026, according to a statement from the companies. TKO shares added roughly 2%. C3.ai — The AI software company […]
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Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s
Jakub Porzycki | Nurphoto | Getty Images The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. President Donald Trump is set to sign an executive order that would allow 401(k) accounts to invest in alternative assets, including private equity, real estate and digital […]
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Stocks making the biggest moves midday: Pfizer, Palantir, Coinbase, Staar Surgical and more
Check out some of the companies making the biggest moves midday: Staar Surgical — The implantable eye lens maker ripped 45% higher after agreeing to be bought by Alcon for $28 per share in cash, valuing Staar at about $1.5 billion. The deal is expected to close in the next six to 12 months. DigitalOcean […]
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