Coinbase

Coinbase, founded in 2012 by Brian Armstrong and Fred Ehrsam, is a widely recognized cryptocurrency exchange that offers a platform for buying, selling, and storing digital currencies. It's known for its strong emphasis on regulatory compliance and security, making it a popular choice among both novice and experienced crypto investors. Coinbase supports a variety of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, and provides additional services like a digital wallet and educational resources for users.


Finance

As Crypto Crashes, Coinbase Bets Big on Europe

Coinbase is leveraging its status as the lone public crypto exchange in a do-or-die play to increase market share across Europe. Without a steady stream of new users, the company may not survive.

Coinbase ad on London Underground (Tube). August 2021. (Sheldon Reback/CoinDesk)

Finance

Coinbase Could Be One of Crypto’s Long-Term Survivors: Oppenheimer

The investment giant’s senior analyst is relatively optimistic the crypto exchange could stick around after crypto’s ice age finally melts.

(Mariia Shalabaieva/Unsplash)

Videos

Coinbase Could Be 'One of the Survivors': Analyst

Oppenheimer Senior Analyst Owen Lau shares his outlook for Coinbase as the exchange announced a second round of layoffs on Tuesday. "FTX is gone...Coinbase does not have many legitimate competitors in the long term," he added.

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Videos

Cathie Wood's ARK Doubles Down on Coinbase as Crypto Exchange Announces Layoffs

Coinbase (COIN) shares are rising roughly 20% over the last five days, as the crypto exchange announced a second round of job cuts on Tuesday. Oppenheimer Senior Analyst Owen Lau joins "First Mover" to discuss. Plus, his reaction to Cathie Wood adding 33,756 shares of COIN to ARK’s Innovation ETF (ARKK), worth around $1.45 million based on the January 10 closing price.

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Finance

Coinbase Rally May Be a Selling Opportunity, Says Bank of America

Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high.

Bitcoin continued its downtrend of recent days. (Getty Images)

Markets

ARK Makes Coinbase Buy as COIN Jumps 20% on Week

Cathie Wood has added another 33,756 shares of Coinbase to ARK’s ARKK ETF, according to an investor update.

(Leon Neal/Getty Images)

Videos

Gemini Escalates Dispute with DCG's Genesis; Coinbase Shares Jump Following Layoff Announcement

Crypto exchange Gemini is ramping up its dispute with Digital Currency Group's (DCG) Genesis Global Trading – its partner on a crypto lending product pitched to smaller investors – by terminating a key aspect of their relationship. CoinDesk and Genesis are both owned by parent company DCG. Plus, Coinbase (COIN) shares are on the rise after the crypto exchange announced plans to layoff roughly 20% of its workforce.

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Finance

Analysts ‘Encouraged’ by Coinbase Layoffs, Showing Company Is Being Financially Disciplined

The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step.

(Chesnot/Getty Images)

Videos

Coinbase to Cut Around 20% of Workforce as Crypto Winter Lingers

Crypto exchange Coinbase (COIN) said it is planning to reduce its headcount by around 950 employees as part of a restructuring that it expects to be complete by the end of the second quarter. "First Mover" hosts weigh in on the latest string of layoffs amid crypto winter.

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Markets

First Mover Americas: Another FTX Insider Is Talking, Bloomberg Says

The latest price moves in crypto markets in context for Jan. 10, 2023.

(CraigRJD/Getty)