Bitcoin Gains as Crypto Unbowed by Latest Regulatory Crackdown [BNN Bloomberg (Canada)]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: BNN Bloomberg
The oldest cryptocurrency gained as much as 5.2% to $28,812 as of 12:06 p.m. in New York. Bitcoin traded just under $29,000 on Wednesday until the Federal Reserve raise rates as expected. The token, which hasn't traded at $30,000 since June, has jumped about 70% this year. Coinbase Global Inc. disclosed Wednesday that it received a notice from the Securities and Exchange Commission formally declaring the regulator's plans to bring an enforcement action against the largest crypto exchange in the US. In a separate action on Wednesday, the SEC sued crypto mogul Justin Sun for allegedly violating securities rules. Among so-called altcoins, Cardano jumped 5.3%, Avalanche rose 6.3% and Litecoin increased 7.7%. TRX, the token associated with the Tron network that Sun started, rose about 7.8% after slumping 12% on Wednesday. Bitcoin “is basically following the broader markets, digesting the Fed, and basically bringing down some of the damage that was done yesterday,” said Ilan Solot, c
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News
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- Coinbase Global, Inc. (COIN) Stock Moves -0.34%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Consensys Sues SEC Over ‘Unlawful Seizure Of Authority' Over Ethereum [Yahoo! Finance]Yahoo! Finance
- SEC sued over Ethereum, crypto firm asks court to state token is not a security [Yahoo! Finance]Yahoo! Finance
- Crypto firm Consensys sues US SEC over Ethereum regulation [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 2/15/24 - Beat
COIN
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form ARS
- 4/25/24 - Form DEF
- COIN's page on the SEC website