South Korea's financial regulator has reiterated its stance against institutional investment in crypto-related firms, advising domestic asset managers to limit their exposure to companies such as Coinbase (NASDAQ:COIN) and Strategy (NASDAQ:
Businesses with strong free cash flow tend to be more adaptable and resilient.
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Shares of financial services company Robinhood (NASDAQ:HOOD)
fell 3.4% in the morning session after Cathie Wood's ARK Invest disclosed that it sold a portion of its holdings in the company.
PNC Bank will integrate Coinbase's Crypto‑as‑a‑Service platform to expand secure digital asset offerings and tailored banking services for retail and institutional clients.
Venture capitalist and vocal cryptocurrency advocate Chamath Palihapitiya expressed excitement Monday on receiving a rare commemorative cryptocurrency credit card from Coinbase Global Inc. (NASDAQ:COIN)
Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, accused banking giant JPMorgan Chase & Co. (NYSE:JPM) and its CEO Jamie Dimon on Sunday of attempting to stifle fintech and cryptocurrency companies in the U.S.
When Coinbase made its debut as a platform for buying and selling bitcoin in 2012, the world of cryptocurrencies was largely the domain of technophiles and risk-tolerant early adopters. Today, Coinbase has grown into the most recognized name in the U.S. crypto exchange business, bridging the gap between digital
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.4% in the morning session after several Wall Street analysts raised their price targets on the stock, citing a more positive outlook for digital assets.
NYU finance professor Aswath Damodaran is urging caution regarding corporate Bitcoin holdings, which have gained traction in recent years, with just four notable exceptions.
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.8% in the afternoon session after the broader cryptocurrency market rallied as the U.S. House of Representatives passed three crypto-related bills, including the GENIUS Act, which aims to create a regulatory framework for stablecoins.
