| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 1.6B | +72% |
| Operating Income | 760.5MM | - |
| Operating Expenses | 877.1MM | +5% |
| Net Income | 1.2B | - |
| R&D | 357.9MM | +11% |
| G&A | 287.2MM | +2% |
| Marketing | 98.6MM | -7% |
| Amortization | - | - |
| Interest Expense | 19.1MM | +2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Coinbase Global posted a significant jump in profit in the first quarter, helped by an uptick in cryptocurrency trading following the launch of the first U.S.-listed exchange traded funds (ETFs) tracking bitcoin in January. Coinbase shares fell 3% in after-hours trading, after ending the day up nearly 9%. Crypto prices rocketed after the U.S. Securities and Exchange Commission approved the launch of a spate of exchange-traded funds (ETFs) tied to the spot price of bitcoin in January after a de...
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
(Reuters) -Coinbase Global posted a significant jump in profit in the first quarter, helped by an uptick in cryptocurrency trading following the launch of the first U.S.-listed exchange traded funds (ETFs) tracking bitcoin in January. Coinbase shares fell 3% in after-hours trading, after ending the day up nearly 9%. Crypto prices rocketed after the U.S. Securities and Exchange Commission approved the launch of a spate of exchange-traded funds (ETFs) tied to the spot price of bitcoin in January...
Remote-First-Company/AUSTIN, Texas, May 02, 2024--Coinbase Global, Inc. (the "Company" or "Coinbase") announced today the release of its first quarter 2024 shareholder letter. The letter, including the Company’s financial results, can be found on its Investor Relations website at investor.coinbase.com.
Blockchain startups were red-hot when Katie Haun left Andreessen Horowitz in 2021 to launch her own crypto-focused venture firm. But shortly after Haun announced that Haun Ventures' two funds totaled $1.5 billion, cryptocurrency prices cratered and FTX collapsed. Despite having a massive arsenal of dry powder, Haun Ventures didn't rush to scoop up stakes in crypto and web3 on the cheap, and many observers wondered when the firm would pick up its deployment pace. While Haun Ventures says it wasn'
Recent euphoria around Bitcoin’s acceptance by major institutions probably provided a boost to the company this year, but major threats to its business remain.
(Bloomberg) -- Crypto’s boom-and-bust nature already has some investors and analysts looking past what should be blowout first-quarter results for Coinbase Global Inc. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineUS and Saudis Near Defense Pact Meant to Reshape Middle EastBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTurkey Halts All Trade With Israel Over War in GazaThe largest U
Pinterest and Tesla have been highlighted as Zacks Bull and Bear of the Day.
A number of companies release their quarterly earning reports on Thursday, including Apple (AAPL), Novo Nordisk (NVO), Shell (SHEL), ConocoPhillips (COP), Cigna (CI), Coinbase (COIN), Moderna (MRNA), DraftKings (DKNG), Kellanova (K), United States Steel (X), and more. On the economic front, jobless claims for the week ending on April 27 will be released. Economists expect claims to rise to 212,000 from 207,000 the prior week. For more expert insight and the latest market action, click here to wa...
Bitcoin erased a short rally Wednesday after the Fed interest rate decision. The crypto fell to a key level after Hong Kong launched bitcoin ETFs.