Coinbase
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.
Analistas “impulsados” por los despidos de Coinbase indican que la empresa está siendo financieramente disciplinada
El grupo de alcistas del lado vendedor, cada vez más pequeño, dijo que los recortes de personal anunciados el martes son una medida necesaria.
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.
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.
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.
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.
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.
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.
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.
First Mover Americas: Another FTX Insider Is Talking, Bloomberg Says
The latest price moves in crypto markets in context for Jan. 10, 2023.
