Coinbase Global Inc (COIN) Quote

Your efforts are appreciated, but ' nickypicky ' isn't interested in the facts which why I have him on IGNORE!

https://help.coinbase.com/en/coinbase/other-topics/legal-policies/how-is-coinbase-insured

Mr.Google knows all.

How crypto helps Americans keep their share of the pie

Tldr: Frustration over fees and delays are the top reasons why nearly 9 in 10 Americans want an updated financial system. People and businesses lose tens of billions of dollars in transaction fees and countless hours in delays to the current system that they wouldn’t with crypto. Just in time for the NBA Finals, a new Coinbase ad campaign uses pizza to explain how crypto is helping to update the system so it’s cheaper and faster.

By Coinbase Company, April 24, 2024, 3 min read time

https://www.coinbase.com/blog/how-crypto-helps-americans-keep-their-share-of-the-pie?__cf_chl_rt_tk=BgrCBxaQ92nBwh1jsvLRxXtvf4a5tCqO23o7MoTUgi8-1714070797-0.0.1.1-1727

Thx for replying. Where do you see the insurance? Will is future.

Coinbase is FDIC insured. The fiat value of your Coinbase wallet will be insured up to $250,000 in the same way that a traditional bank insures your deposits.

Yes, Barron's had an article today by Paul LaMonica discussing Fund ownership of Coinbase and the reasons why.

I didn't write the article just posted it. Quoting it:
"We bring all this up because six months after our first correct prediction that China's spike in FX outflows would send bitcoin surging, it's time to do it again."

the flight of capital from China is mainly due to China restricting capital outflows to maximum of $50,000./year. bitcoin movement is mostly these ETF bitcoin and pension funds and mutual funds having it as .005% of their portfolio like gold. or commodity. they don't know the risk of it. it could all disappear if gov't crackdown. like China ban crypto.

bitcoin is traded like 'currencies' speculation and type of trading. and viewed by institutions as an legit 'asset' like currency, oil contracts, or any 'commodity asset hence the trading volume. look at the hundreds of bitcoin etf and so many of the bitcoin mining companies? I still don't get this bitcoin thing where you pay millions to in bitcoin farming and using industrial computers to 'mine' bitcoin.

It's not individuals who boosting values of crypto coins, the main catalyst is the institutions like pension funds, blackstones, and the hundreds of ETF in every exchange who own it and making the 3% management fees and 10% flow commission to the bitcoin exchanges. why SEC even waste time saying to approve, in some exhanges 10% of the daily volume is now bitcoin etf, there is even bitcoin futures.

"China's Capital Flight Could Fuel Bitcoin’s Next Rally"

https://oilprice.com/Finance/the-Markets/Chinas-Capital-Flight-Could-Fuel-Bitcoins-Next-Rally.html

Today's Article: " Coinbase’s earnings will “blow out estimates.”

" Researcher for crypto research company Messari, Kunal Goel, explained that over the last three quarters, his Coinbase revenue estimates “have handily beaten consensus analyst estimates.”

“I estimate Coinbase will generate a whopping $1.5 billion in net revenue for Q1 2024 growing by 65% for the quarter. My estimate is much higher than consensus estimate of $1.2 billion for gross revenue,” he explained in a recent X post. "

https://cointelegraph.com/news/crypto-exchange-coinbase-wall-street-traders-earnings-report

Today's article by Soumya Eswaran " Should You Hold Coinbase Global ( COIN )?

" Patient Capital Opportunity Equity Strategy stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its first quarter 2024 investor letter:

'This quarter we benefited from our exposure in the cryptocurrency space. The approval of 11 new spot Bitcoin ETFs dramatically opened Bitcoin to new investors for the first time. Investors’ interest was material, with assets under management growing to $55B over a single quarter. Coinbase Global, Inc. (NASDAQ:COIN) was a beneficiary of these events as we believe it is building the foundation of the crypto-ecosystem. We continue to believe COIN has the potential to be the platform for crypto as it has continued to widen its moat by investing throughout the most recent crypto winter.' "

https://finance.yahoo.com/news/hold-coinbase-global-coin-065338674.html

From today's Article by Jose Lanz on Decrypy

Further revenues from trading to be expected.

"The price surge comes after Coinbase International, the global branch of the largest U.S. crypto exchange, announced the listing of PEPE perpetual contracts. This move is significant as it adds liquidity and increases the asset's exposure."

"The opening of Coinbase's 1000PEPE-PERP market was originally planned for April 18, but was delayed for technical reasons. Trading will now begin on Tuesday, April 23.

And of course, such an event was met with enthusiasm—and memes—all over Crypto Twitter. Coinbase also announced perpetual futures around Dogwifhat (WIF), a leading Solana meme coin, with trading set to begin on April 25."

https://decrypt.co/227538/ethereum-meme-coin-pepe-surges-16-percent-coinbase-futures

IMO, it looks like they're blocking any run and holding down the pps prior to earnings report next Thursday. Time will tell if I am correct. GLTA!

bought some today

The Motley Fool Article by Jon Quast – Apr 22, 2024 at 4:37AM
Key Points:
- Coinbase generates revenue from a stablecoin, and adoption levels for this coin have been rising during the last four months.
- Transactions on the company's platform are also surging, which could contribute to a blowout quarter next month.
https://www.fool.com/investing/2024/04/22/heres-the-good-news-for-coinbase-stock-that-nobody/

BTC goes to Sun

Halving is ready ! Start the New High Up to the $ 85000 Level 1 !!!

Coinbase Announces Date of First Quarter 2024 Financial Results
April 18 2024 - 4:05PM
Business Wire

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its first quarter 2024 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, May 2, 2024, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day.

Starting on April 25 at 9:00 a.m. PT, all shareholders will be able to submit and upvote questions for Coinbase management by visiting here. This Q&A platform will remain open until 24 hours before the earnings call. Shareholders can email support@saytechnologies.com for any support inquiries.

To register for the webcast, please use this link. A live webcast of the call will be available on the Investor Relations website at investor.coinbase.com. Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Disclosure Information

Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our X feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s X feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

About Coinbase

Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We’re updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.



View source version on businesswire.com: https://www.businesswire.com/news/home/20240418898747/en/

Press:
press@coinbase.com

Investor Relations:
investor@coinbase.com

https://ih.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/93682346/coinbase-announces-date-of-first-quarter-2024-fina

Article: Crypto analyst Will Clemente believes Coinbase is “the biggest kind of venture style bet in public markets” since Tesla.
https://cointelegraph.com/news/coinbase-coin-stock-price-plummets-undervalued-base-ethereum-layer-2-blockchain

Article: Coinbase's SMART WALLET will DISRUPT the Financial Sector
https://www.thestreet.com/crypto/innovation/coinbases-smart-wallet-will-disrupt-the-financial-sector

"Don't be sore, buy some more" Old saying before you youngsters got in.

nickypicky = IGNORE

Why do they hide from a main headquarters and a land line? At least Enron had a headquarters.

They do not have a headquarters or main phone number or need it. Wow.

What's the name of their accounting firm? I can't find that either.

Running To The Sun !!!

Low is End - High Score is beginning !

Missed today's cellar, but was able to add at $210.00. GLTA!

Last Chance !To The Hype !!!

Your needle seems to be stuck. Time to try another vinyl.
BTW, I'll be adding again at this level.
GLTA!

Why do people feel comfortable putting their money here?

Liberals lose silly

Why is this crashing? I just started looking at it.

Coinbase Derivatives has successfully launched Bitcoin Cash and Litecoin futures contracts as it gears up to launch Dogecoin futures later this month
Tl;dr

* Coinbase Derivatives has become the first CFTC-regulated exchange to offer margined Bitcoin
Cash and Litecoin futures contracts, which launched earlier this month and are performing well.
* Bitcoin Cash and Litecoin contracts launched on April 1, with Dogecoin futures launching later this
month.
* These contracts will be available for trading via our broker and FCM partners.

By Boris Ilyevsky Company, April 11, 2024, 3 min read time

https://www.coinbase.com/blog/coinbase-derivatives-has-successfully-launched-bitcoin-cash-and-litecoin?__cf_chl_rt_tk=Log6RqCy17taMQrOKd3JsLODjxDh4IVyNVuVUxVEvVI-1713211066-0.0.1.1-1791

And now I see on the bottom of their press release that the investor relations contact has no name or firm mentioned just investor@coinbase...More and more red flags here....wow

Thx Marble.....I gave it to her.... let's see what happens.

Coinbase is notorious for high fees, where do they make their money, thanks for the milk out the nose laugh this morning.

https://thestrategystory.com/2022/05/28/how-does-coinbase-make-money-business-model/

Share this with your friend

1 888-908-7930

This number is Coinbase Customer Service. You will speak to a real person and the few times I spoke to them they were extremely polite and helpful.

You can google the phone number to ensure I'm not trying to scam you by trusting a stranger on ihub.

Ok I read some but don't understand why they don't have a real human being to talk to with 3000 employees working from home? No corporate offices? My friend is stuck locked out of her account with 10 Bitcoin for 3 months and only ai email responses that don't help. Why would anyone put money here?

How interesting. You're new on this board yet post with a skeptical attitude although, based on your last message, know nothing about the company. I am highly suspect of your motives for being here, buy in case I am mistaken, why not do some research starting with this link. Good reading!
https://finance.yahoo.com/news/2-reasons-buy-coinbase-stock-204100343.html

Where does this company get their revenue from? Do they charge a commission to buy crypto?

I'm wondering why anyone would put their money in an account with them with no one to actually talk to? Anyone have an answer for safety or insurance?

My friend can't get into her account and no human to talk to. Why put money with them?

it's starting ! Preview Halving !

buy before it's too late !

Timer To Halving !

Remaining ….


Final Sprint

Big Buys Today !!


https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00

An interesting day. Early morning dip and than a nice run ending near the day's high. Looking for follow through tomorrow heading into the weekend. GLTA!

Coinbase to Launch PEPE Futures, Uniswap Grapples with SEC, and Latest Crypto News
April 11 2024 - 3:14PM
IH Market News

Bitcoin holds price above $70,000 despite US inflation instability

Bitcoin (COIN:BTCUSD) records a modest decrease of 0.43% at the time of writing, yet remains resilient above the $70,000 mark amid volatility triggered by a US inflation report for March that exceeded expectations. Despite the initial market reaction, the cryptocurrency displayed stability compared to other assets, which experienced greater drops, highlighting the crypto market’s sensitivity to global economic movements. Analysts point to the consistent demand for Bitcoin, considering it a safe-haven asset in times of financial uncertainty.

Coinbase boosts PEPE with futures and potential spot listing

The meme coin Pepe (COIN:PEPEUSD) gained attention with the announcement by Coinbase International Exchange (NASDAQ:COIN) that a perpetual futures market for the token will soon open. This move, scheduled for April 18 at 9:30 AM UTC, spurred PEPE’s value, raising expectations for a future direct listing. Following the reveal, PEPE rose 10%, though it later receded, maintaining a 3.1% gain over 24 hours.

Kraken to cease Monero operations in Ireland and Belgium

Kraken announced it will discontinue activities involving the privacy-focused cryptocurrency, Monero (COIN:XMRUSD), for its users in Ireland and Belgium starting June 10. From May 10, the platform will halt XMR trades and deposits, and users must close their margin positions by this date to prevent automatic liquidations. After June 10, any remaining XMR balance will be converted to Bitcoin. This move follows similar actions by other exchanges like Binance and OKX, occurring in a context of stricter EU regulations against money laundering, which include restrictions on privacy coins.

Uniswap faces SEC action and a drop in UNI token value

Uniswap (COIN:UNIUSD), the decentralized cryptocurrency exchange platform, was notified by the US SEC about potential legal actions. Following the announcement, its token’s value plummeted by up to 18%, though at the time of writing the token is down -9.9% over the last 24 hours. Hayden Adams, CEO of Uniswap, expressed frustration and determination in facing the charges, which include operating as an unregistered broker and exchange. The nature of the UNI token in the SEC’s accusations remains unclear.

Chainlink launches “Transporter,” a tool for inter-blockchain transfers

Chainlink introduced “Transporter,” its new blockchain bridge, enabling secure transfers of crypto assets and data across various networks. Aimed at both regular users and institutions, the Transporter promises to be an economical solution for large-value movements. Initially, it will support networks like Arbitrum and Ethereum, aiming to set a new standard for blockchain interoperability.

EMURGO and Huawei Cloud boost Cardano with new partnership

EMURGO, a foundational entity of the Cardano network (COIN:ADAUSD), joins forces with Huawei Cloud to enhance and expand Cardano’s blockchain capabilities, utilizing Huawei’s cloud infrastructure. Announced on April 11, 2024, this agreement aims to accelerate the adoption of Web3 technology by integrating a Cardano Validator Node into Huawei’s extensive cloud infrastructure to optimize performance and interoperability in Asia.

Circle introduces instant BUIDL-USDC exchange via smart contract

Circle (COIN:USDCUSD) announced a smart contract innovation for BlackRock’s BUIDL fund (NYSE:BLK), allowing investors to directly convert their shares into USDC. This mechanism provides an efficient and transparent exit from the digital fund at any time, highlighting the agility and security of traditional financial asset tokenization.

SHIB partners with CDSA to innovate in blockchain for media

SHIB, the ecosystem behind the Shiba Inu cryptocurrency (COIN:SHIBUSD), announced a partnership with the Content Distribution and Security Association (CDSA) to develop blockchain solutions for the media and entertainment sector. This collaboration aims to enhance content security and distribution, with the CDSA, a global nonprofit entity, providing a stage for SHIB to introduce blockchain and AI innovations in the industry.

Polkadot considers promotion at Paris Olympics with electric bikes

The Polkadot (COIN:DOTUSD) governance forum is evaluating a $160,000 project to promote the network through a fleet of branded electric bikes during the Paris Olympics. The proposal by Oribiky aims to place 100 Polkadot-branded bikes at key locations, complemented by a mobile app for bike rentals and cryptocurrency payments. Despite the innovation, the community initially showed resistance, with a majority of votes against the initiative so far.

JPMorgan assesses low probability of Ether ETF approval in May

JPMorgan (NYSE:JPM) highlights that due to SEC investigations into entities associated with the Ethereum Foundation (COIN:ETHUSD), an Ether ETF’s approval next month is unlikely. Despite the recent authorization of bitcoin ETFs, the bank foresees ongoing regulatory challenges for ether, with possible litigation against the SEC after May, though it anticipates eventual victory against the regulatory agency. The setup of Ether options for the end of May reflects skepticism, anticipating sharp price fluctuations. The uncertainty translates to expectations of high market volatility, especially around the $3,600 mark.

Grayscale ETF records lowest outflow since launch

On Wednesday, Grayscale’s Bitcoin ETF (AMEX:GBTC) achieved a positive milestone with the lowest fund outflow recorded, about $18 million, since its inception in January. This improvement follows Grayscale CEO Michael Sonnenshein’s prediction of an outflow balance, indicating overcoming the sales associated with crypto firm bankruptcies like FTX. The notable decrease in outflows suggests a relief in Bitcoin selling pressure, countering expectations of a continuous withdrawal trend.

Bitcoin mining difficulty reaches new record ahead of halving

Bitcoin’s mining difficulty increased by 3.9% to a historical peak, gearing up for the halving expected on April 20. This rise occurred in the most recent adjustment, indicating a strengthening in hash rate by miners before the block reward is halved. With the halving imminent, the mining community is ramping up efforts, reflected in the continuous growth of Bitcoin’s difficulty and hash rate since the year’s start, despite the prospect of lower block rewards.

Bitfinex launches unprecedented tokenized debt offering in El Salvador for hotel

Bitfinex Securities announces El Salvador’s first tokenized debt offering to fund a Hampton by Hilton hotel at the country’s airport, aiming to raise $6.25 million. With a minimum investment of $1,000 and a 10% rate over five years, the project promises to create thousands of jobs and boost the local economy, marking a significant advance in the tokenization of Salvadoran digital assets.

London mayoral candidate plans universal cryptocurrency for residents

Brian Rose, a candidate for London’s mayor, proposes distributing £100 in a new cryptographic token to every Londoner, funded by a tax on financial institutions’ profits. The token, provisionally named LONDRES, would be accepted for payments in the transport network and other municipal fees, aiming to integrate cryptocurrency into the city’s daily life and promote financial education among citizens.

South Africa begins issuing licenses to cryptocurrency companies

South Africa’s financial regulatory body granted the country’s first cryptocurrency licenses, with Luno and Zignaly among the first recipients. Luno received recognition as a financial service provider under the FAIS Act of 2002, while Zignaly was approved as a Category 2 – Discretionary Financial Services Provider. This initiative marks a significant step towards regulating the crypto sector in South Africa, promising compliance and security for users and paving the way for more companies in the industry.

Uplink raises $10 million for decentralized internet expansion

Uplink, committed to democratizing internet access, raised $10 million in investments led by Framework Ventures. Operating as a Decentralized Physical Infrastructure Network (DePIN), Uplink aims to reshape global connectivity by encouraging collective contributions to its infrastructure through token rewards. The DePIN sector, potentially worth $3.5 trillion by 2028, promotes the intersection of blockchain technology and physical systems, driving a new era of internet accessibility.

https://ih.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/93639581/coinbase-to-launch-pepe-futures-uniswap-grapples