Crypto Stocks Teeter Near Abyss as Fink's Warning Adds to Angst [BNN Bloomberg (Canada)]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: BNN Bloomberg
Cryptocurrency firms including Coinbase Global Inc., Galaxy Digital Holdings Ltd. and MicroStrategy Inc. all plunged more than 25% last month. The declines added to the pain of a dismal year amid a deep and extended plunge in Bitcoin and other digital tokens. While that trio of firms rallied this week, they've still wiped out roughly $52 billion of shareholder value in 2022. Already reeling from the so-called crypto winter, investors were dealt a major blow with the high-profile collapse of Sam Bankman-Fried's FTX exchange in early November, which sent Bitcoin tumbling. To top it off, BlackRock Chief Executive Larry Fink said this week that he expects most crypto companies will fold after FTX's demise. A Schwab index tracking crypto-linked stocks is coming off its worst month since June, and is down 63% this year. “Questions about whether crypto has a future have become prevalent after a year during which many tokens lost more than 70% of their value and the collapse of FTX has e
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News
- KuCoin launches US$10 mln airdrop campaign amid legal woes [Yahoo! Finance]Yahoo! Finance
- Ethereum Hit by 'Blobscriptions' in First Stress Test of Blockchain's New Data System [Yahoo! Finance]Yahoo! Finance
- Sam Bankman-Fried gets 25 years in prison for fraud and money-laundering at FTX [Yahoo! Finance]Yahoo! Finance
- Sam Bankman-Fried gets 25 years in prison for fraud and money-laundering at FTX [TechCrunch]TechCrunch
- US STOCKS-Wall St lackluster ahead of Easter break, eyes sharp Q1 gains [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 2/15/24 - Beat
COIN
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- COIN's page on the SEC website