Coinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities
But Coinbase stock has bounced back, rising some 35% after dropping to a low of about $50 on the day that the SEC sued the U.S.’s largest crypto exchange. As of Wednesday morning, shares were trading near $70, and the publicly traded company’s market...
In a significant turn of events, Coinbase ( NASDAQ:COIN ), a leading cryptocurrency exchange, finds itself embroiled in legal turmoil as a class action lawsuit, initially dismissed in 2021, is revived by the 2nd US Circuit Court of Appeals. This development thrusts the platform into the spotlight once again, reigniting debates over the regulatory landscape of...
As we know, last week there was bearish divergence. Now that we broke trend, there’s a magnet pulling price towards the next level of support. This has made my top watch next week as I’m hoping for continuation to gap below at 200.
Ark Invest, the investment firm led by Cathie Wood, has sold an additional 25,662 shares of Coinbase ( NASDAQ:COIN ), worth $6.4 million, as part of its ongoing re-balancing strategy. The firm sold 22,690 shares worth $5.7 million from its Innovation ETF and 2,972 shares worth $742,000 from its Next Generation Internet ETF. This marks the first major sale of...
The Coinbase ( NASDAQ:COIN ) 4-hour chart is a perfect fractal of the Bitcoin weekly chart. Good ole' Wyckoff distribution. It even has the little Bart Simpson correction pattern from August 2020 that occurred shortly after the last halving and a few months before the first big leg up.
Considering current price action, Bitcoin and Coinbase, for that matter,...
The chart has formed an M-top and based on that assumption, and besides we still very overbought weekly and monthly, the likely situation is, to see a move towards objective $ 190 based on M-Top.
Overall am seeing a chance of $ 155 area.
Strategy SELL @ 250-270 and take profit @ 191.00 for now, but on weekly chart more chances of lower levels. SL above $ 288 for now.
Amid escalating regulatory pressures in the United States, Coinbase ( NASDAQ:COIN ), a leading cryptocurrency exchange, has successfully secured a registration license in Canada, signaling its strategic pivot towards international expansion. This milestone achievement comes at a critical juncture for Coinbase ( NASDAQ:COIN ), amidst heightened scrutiny from US...
Coinbase had a possible dip to $242 but may not. Next COINBASE target above $290.
Regression with major support and resistance OB.
Green long horizontal rectangle is demand OB.
Market analysts have predicted a significant drop of 48% in Coinbase's GAAP EPS in the first quarter of FY24, despite the ongoing surge in the crypto market. As Coinbase Global Inc.'s ( NASDAQ:COIN ) latest quarterly earnings report approaches, Wall Street analysts have provided their forecasts for the cryptocurrency exchange platform. Despite the ongoing bull run...
The BTC halving is officially upon us come April. The amount of positive news around this entire sphere lately has been amazing. I'm shocked how many people I see on here shorting $COIN.
They are about to be custody holders of the SPOT ETH ETF assuming that gets approved by the SEC- whether as a security or commodity. Larry Fink is feeling very confident and...
No change in view. The share price is likely to decline uniform with crypto corrections that may be severe in nature, is my personal view here. We got lots of topping candles, high RSI (and negative divergence as well). We should move lower to test 216.00 again.
Strategy SELL @ $ 260-290 and place SL above $ 327 and take profit @ 220, and after consolidation en...
Obvious Bearish Divergence should be ignored until we hit the 300 area. Currently we have a bearish pin bar on support. Enter at this level and place the stop below the low of the candle. Catch the last impulse wave up and cash in.
A judge has ruled that the Securities and Exchange Commission's (SEC) lawsuit against Coinbase ( NASDAQ:COIN ), the leading cryptocurrency exchange, can proceed to a jury trial. This ruling marks a pivotal moment in the ongoing battle between Coinbase and the regulatory authorities.
Moreover, NASDAQ:COIN surged by 3.28% igniting bullish sentiments on the stock...
