Coinbase shares have risen nearly 29% from their post-earnings low but still trade well below last year's highs, reflecting ongoing uncertainty in the crypto market. The company is diversifying revenue with growing subscription and service income, yet Q2 results showed significant revenue declines and a large earnings miss due to low crypto trading volumes. Analysts are mixed, with a majority rating the stock as a buy but some cautioning about macro headwinds and high valuation. Investors are advised to hold current positions and watch upcoming Q3 earnings and key signals like Bitcoin price stability and subscription revenue to decide on future moves.
Crypto stocks like Circle Internet, Bitmine, and Coinbase dropped 3-4% despite Bitcoin and Ethereum prices holding steady. The selloff is driven by a global bond market surge pushing 10-year Treasury yields above 4.75%, which pressures high-beta tech...
The Fidelity Ethereum Fund (FETH) stands out as the only large-cap US spot Ethereum ETF that avoids exposure to Coinbase at both custody and validation layers, providing a structural hedge against counterparty concentration risks common in competitor...
In August, stocks that had been hit by bearish fears, especially in enterprise software, staged a strong comeback. Companies like Moderna surged after positive vaccine news, while Palantir, Veeva, Salesforce, and ServiceNow recovered as concerns abou...
Polymarket, a prediction market platform, is strengthening its controls to police trading activity ahead of the 2026 US midterm elections. Shauna Bautista, the head of investigations, emphasized the use of machine learning, blockchain analytics, and ...
OpenAI has developed an AI-designed chip called Jalapeno that early tests show outperforms Nvidia's best chip, Blackwell, in total cost of ownership. While Nvidia currently benefits from scarcity in the market, a macro investor predicts this advantag...
