The Latest Breaking News from COIN

Since reporting its earnings, Coinbase stock is up over 41% in the past month. As a result, its put options have skyrocketed. Investors expect a retraction. But this is a huge opportunity for short-sellers as an income play.

As Bitcoin breaks out to new price highs, some cryptocurrency and blockchain stocks are starting to look overvalued, based on analysts' consensus price target estimates.

Coinbase reported a huge adjusted operating cash flow for Q4 - over 32% of revenue. As a result, COIN stock could rise if this keeps up. Moreover, put premiums are high - good for short plays.

Coinbase stock surged based on its latest results which showed the company produced positive net income and operating cash flow. Put premiums are high, making them attractive to short sellers.

The timeline for the anticipated ruling could potentially be delivered by the end of Q2 2024

Coinbase (COIN) is locked in multiple legal battles with the U.S. Securities and Exchange Commission (SEC). However, is it a buy, as cryptocurrencies staged a recovery? Read on.

ARK Innovation (ARKK), spearheaded by Cathie Wood's ARK Invest, continues to prosper owing to its robust market outperformance, strategic Tesla (TSLA) additions, upbeat analyst sentiment, and optimism for a bitcoin ETF. Among all of this, let's see if ARKK might be a wise investment. Read on….

ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.

The affected crypto businesses include Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex.

Data also showed that Coinbase executives, including CFO Alesia J. Haas, Director Rajaram Gokul, and COO Choi Emilie offloaded millions of dollars worth of shares this month alone.

COIN stock is continuing its December surge but Barchart reports there is large unusual activity in near-term put options. This may be due to hedging activity or short-sellers of the puts for income.