Coinbase Global Inc
Bank of America downgrades Coinbase, says FTX collapse raises ‘contagion risk’ for crypto platform
Bank of America says the collapse of FTX is clouding the outlook for Coinbase . Analyst Jason Kupferberg downgraded shares of Coinbase to neutral from buy, citing “contagion risk” for the cryptocurrency exchange platform, even if it is not “another FTX.” “We think Coinbase (COIN) likely faces a number of new headwinds over the near/medium-term […]
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Though Muddy Waters bets versus dLocal, here are the other fintech stocks that brief sellers are eyeing
When hedge fund Muddy Waters exposed a wager in opposition to payment processor dLocal , other brief sellers show up to be eyeing quite a few fintech organizations. At minimum 11 U.S.-stated monetary technologies businesses just about every have much more than $500 million betting on a decrease in their share selling price, in accordance […]
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Crypto firm Multicoin expects contagion from FTX to wipe out numerous buying and selling companies in coming weeks
FTX emblem shown on a cellphone screen and illustration of Bitcoin cryptocurrency are noticed in this illustration photograph taken in Krakow, Poland on November 14, 2022. Jakub Porzycki | Nurphoto | Getty Visuals Crypto undertaking agency Multicoin Money instructed buyers in a letter on Thursday that FTX’s collapse and the price tag declines throughout the […]
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Crypto.com consumers fear it could abide by FTX, as CEO tries to reassure them everything’s good
The brand of Crypto.com is observed at a stand in the course of the Bitcoin Convention 2022 in Miami Beach front, Florida, April 6, 2022. Marco Bello | Reuters As the crypto universe reckons with the fallout of FTX’s swift collapse last 7 days and tries to determine out in which the contagion may head […]
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Op-ed: Crypto markets require regulation to stay away from far more washouts like FTX, claims Coinbase CEO Brian Armstrong
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on Might 15, 2019 in New York Metropolis. Steven Ferdman | Getty Illustrations or photos FTX — until finally just lately one of the major crypto exchanges in the world — declared bankruptcy Friday immediately after revelations about its organization methods led […]
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Stocks making the biggest moves midday: Walgreens, Coinbase, Duolingo, Ralph Lauren and more
In this article DOCS LZ IMAX RL DUOL COIN AMZN GM WYNN MCK VRTX HUM ELV CI NFLX BZH WBA Follow your favorite stocksCREATE FREE ACCOUNT A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity – The online […]
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Crypto peaked a year ago — investors have lost more than $2 trillion since
An attendee wears a “Will Work for NFTs” shirt during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Thursday, June 9, 2022. The festival showcases all sides of the blockchain, crypto, NFT, and Web 3 ecosystems, and their wide-reaching effect on commerce, culture, and communities. Jordan Vonderhaar | Bloomberg | Getty Images A […]
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FTX collapse will never sink the crypto economy, but will transform it, Blockchain.com CEO suggests
This week’s FTX collapse is “a tragedy and full failure of governance,” Blockchain.com CEO and co-founder Peter Smith told CNBC’s “Closing Bell” on Thursday, but it is really not going to sink the crypto economic climate by any extend. In accordance to Smith, the speedy downfall of Sam Bankman-Fried’s enterprise will speed up a craze […]
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Shares generating the biggest moves midday: 6 Flags, Rivian, Bumble, Coinbase, Dutch Bros and far more
In this report BROS VCSA COIN AAPL Adhere to your favorite stocksBuild Cost-free ACCOUNT Travis Boersma, Dutch Bros Coffee at the NYSE, September 15, 2021. Supply: NYSE Check out the businesses making headlines in midday buying and selling Thursday. Coinbase – The cryptocurrency exchange was up 9.6% soon after Oppenheimer said Coinbase was nicely-positioned though […]
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Cathie Wooden, unfazed by the crypto collapse and Twitter mayhem, doubles down on Coinbase and Tesla
A crypto crash, worsening outcomes and insider advertising didn’t faze Ark Invest’s Cathie Wooden, who this 7 days doubled down on a of host of her innovation shares, including Coinbase , Tesla and Roblox . Wood snapped up shares of 6 companies for her flagship ARK Innovation ETF on Wednesday, such as incorporating to some of […]
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