Cathie Wood's ARK Invest sold about $60 million in crypto-related stocks including Coinbase and Bitmine just days before the SEC introduced an Innovation Exemption that allowed trading of tokenized U.S. equities without full exchange registration. This regulatory change caused Coinbase shares to surge, raising questions if Wood exited her positions too early or timed the market well. Despite the recent rally, Coinbase's fundamentals remain weak with declining revenue and ongoing losses, though the company is gaining market share and has potential growth from tokenized equities. Investors face a choice between betting on a regulatory-driven rebound or cautious due to the mixed financial signals.
Coinbase shares on Pluang are trading at USD 202.96 with a 1-day gain of 4.48% as of Sep 22, 2026 00:02 WIB. The stock's market cap stands at $51.25 billion, reflecting significant investor interest despite its recent financial challenges. Typical hold time for Coinbase on Pluang is 78 days, indicating moderate investor commitment to this asset.
Stocks of crypto-related trading platforms Coinbase, Robinhood, and Webull declined following higher-than-expected inflation data that pushed Bitcoin prices lower. The Consumer Price Index rose 0.4% in October, increasing market expectations of a Fed...
PNC Bank has launched a pilot program allowing its Corporate & Institutional Banking clients to receive payments in USDC, a U.S. dollar-backed stablecoin, on the Ethereum blockchain through Coinbase Payment products. This service automatically conver...
The US Treasury's Financial Crimes Enforcement Network (FinCEN) has ordered crypto exchange MEXC Global to be cut off from the US financial system, citing at least $16 billion linked to sanctions evasion, cybercrime, and other illegal activities from...
