The Latest Breaking News from Coinbase

BVNK was previously fielding offers from not only Coinbase but Mastercard.

The company’s struggles come two months after IPO.

David Minarsch didn’t want to build another centralized AI platform. He watched the same infrastructure patterns repeat themselves across tech’s landscape: first came the dominance of a few massive companies, then came the creators who built on those platforms only to discover they’d built on someone else’s land.

While Coinbase Global has surpassed the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

The past weekend was a rollercoaster ride in the world of cryptocurrencies. Bitcoin celebrated its 17th anniversary with a bounce back to $109,000, while Riot Platforms Inc. CEO Jason Les revealed a new strategic direction for the company’s Bitcoin mining operations.

The company’s place as the flagship of the U.S. crypto industry is stronger than ever.

Coinbase Global, Inc. (NASDAQ:COIN) reported its third-quarter financial results and held its earnings call on Thursday evening.

Coinbase Global Inc. (NASDAQ:COIN) shares traded up 5% in premarket Friday after CEO Brian Armstrong went viral for reading out live prediction market bets during the company's third-quarter earnings call.

On Thursday, major U.S. indexes closed lower, with the Dow Jones Industrial Average slipping 0.2% to 47,522.12, the SP 500 falling nearly 1% to 6,822.34, and the Nasdaq dropping about 1.6% to 23,581.14.