by Elizabeth Napolitano | Nov 2, 2022
A steep decline in cryptocurrency trading has plunged Coinbase Global Inc. (COIN) toward deep losses and analysts say there’s no easy fix to lift the company out of the red. Analysts have slashed their estimates for the crypto exchange just days before the company’s...
by Elizabeth Napolitano | Oct 10, 2022
Crypto exchange Coinbase (COIN) has denied a Wall Street Journal report that it began quietly dabbling in proprietary trading earlier this year. According to the report, Coinbase allegedly processed a $100 million prop trade in February as the firm fielded a variety...
by Elizabeth Napolitano | Sep 21, 2022
Crypto mining stocks have plummeted amid a red-hot inflationary environment, a trend that’s likely to continue as energy-efficient means of minting digital currency tokens continue to overtake traditional, energy-heavy crypto mining activities. Core Scientific (CORZ)...
by Elizabeth Napolitano | Sep 18, 2022
U.S. stocks inched higher Thursday as investors shrugged off hawkish comments from U.S. Federal Reserve and European Central Bank officials. The S&P 500 rose about 0.7% to 4006.81 at the closing bell, while the Dow industrials added 0.6% to 31774.52. The largely...
