Stocks


Finance

Goldman Sachs Calls Coinbase a 'Tactical Trade,' Predicts Q2 Earnings Beat

The investment bank said in a client note that crypto price volatility could pay off for the exchange.

Coinbase, Nasdaq, direct listing

Markets

Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report

Analysts described the muted activity in spot, derivative and on-chain metrics as "calm before the storm."

Bitcoin trades lower today.

Finance

Which Crypto Firms Will Follow Coinbase, Circle Into the Public Markets?

Last week saw two crypto SPACs in two days. We asked stock analysts, “Who’s next?”

Michael Nagle/Bloomberg via Getty Images

Markets

Reflation-Trade Rethink Keeps Bitcoin Under Pressure

Reflation bets are those that benefit from a pickup in economic growth and inflation.

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Markets

Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind

Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.

Bitcoin 24-hour price chart, CoinDesk 20

Finance

Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement

Credit Suisse, Instinet and Societe Generale are also part of the program, which is meant to shrink stock settlement times to hours, not days.

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Finance

Hut 8 Mining's Underwriters Agree to Buy $82M in Stock Ahead of Nasdaq Listing

The shares are scheduled to make their debut on Nasdaq next week.

Bitcoin mining rigs

Markets

'FOMO' Traders Rotate From Bitcoin to Meme Stocks

Meme stocks are rising as BTC stabilizes after a volatile May.

Wendy's has become the latest hot meme stock.

Finance

Galaxy Digital Stock Gets ‘Buy’ Rating From Brokerage Firm BTIG

The investment firm gave GLXY a price target of C$31.

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Finance

Coinbase COIN Stock Hit With ‘Underperform’ Rating by Investment Bank Raymond James

According to Raymond James' definition, this stock will underperform its sector and should be sold.

Coinbase, Nasdaq, direct listing