Coinbase Global, Inc. Stock News

Bitcoin price unraveled 17% by early Monday, ethereum turns negative on the year. Cryptocurrencies sell off amid market downturn.

Revenue for Q2 2024 came in at $1.38 billion, in line with estimates. Transaction revenue dropped 27% quarter over quarter but rose 139% year over year.

The next U.S. administration will be "constructive" on crypto regardless of which party wins, Coinbase CEO Brian Armstrong said late on Thursday, underscoring the industry's growing political influence ahead of the November election.

Coinbase Global Inc (NASDAQ: COIN) reported its Q2 2024 earnings with above-expectation results, although with lower profits than Q1. Finbold turned to OpenAI‘s leading artificial intelligence (AI) model, ChatGPT-4o, for insights on the stock‘s projected price for next year.

The large-cap token was rising on Friday after Jack Dorsey's digital payments company posted a big earnings beat.

Coinbase Global, Inc. (NASDAQ:COIN ) Q2 2024 Earnings Conference Call August 1, 2024 5:30 PM ET Company Participants Anil Gupta - Vice President, Investor Relations Brian Armstrong - Co-Founder & Chief Executive Officer Alesia Haas - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Ken Worthington - JPMorgan Benjamin Budish - Barclays Bank Owen Lau - Oppenheimer Mi...

Shares of Coinbase Global Inc. rose after hours on Thursday after the cryptocurrency exchange reported second-quarter sales that beat Wall Street's expectations, helped by a bump in subscription and services revenue that built off signs of more mainstream acceptance that spurred a crypto rally earlier this year.

Coinbase reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks.