Crypto stocks Coinbase, Circle, and MicroStrategy are trading near critical support levels amid poor earnings reports and a weak crypto market. Coinbase is defending the $139 support after a disappointing earnings call, while Circle awaits its earnings announcement with expectations of 16.3 cents earnings per share and $713 million revenue. MicroStrategy continues to trade around $94, down about 80% from its peak, following a recent earnings miss. The overall crypto market weakness is pressuring these stocks, with uncertain short-term prospects.
Coinbase has launched a new feature allowing eligible U.S. retail traders to request IPO shares at the offer price before public trading begins, starting with Oura's IPO. This move gives retail investors early access to high-interest companies and en...
Bitcoin surged above $86,000 for the first time in eight months, driving a rally in crypto-linked stocks like MicroStrategy, Coinbase, and Marathon Digital. This breakout triggered a $300 million short squeeze and shifted markets into a risk-on mode,...
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. Th...
Ethereum surged nearly 6% following an SEC order that creates a regulated pathway for trading tokenized U.S. stocks, sparking gains in crypto-linked equities like Bitmine, SharpLink, and Coinbase. The SEC's five-year exemption aims to integrate U.S. ...
Bitcoin surged past $80,000, triggering a short squeeze that lifted crypto-linked stocks like Strategy (up 12%) and Coinbase (up 11%) beyond Bitcoin's own 5.5% gain. The rally reflects traders' renewed risk appetite despite recent regulatory setbacks...
