Coinbase (COIN) stock gains as the Bitcoin rally continues

Coinbase (COIN) stock upgraded by Raymond James despite long-term negative bias

March 12, 2024 11:59 AM EDT

On Tuesday, Raymond James made a notable change in its rating for Coinbase (NASDAQ: COIN), upgrading the cryptocurrency exchange from Underperform to Market Perform. The firm cited a shift in its near-term investment rating outlook, despite maintaining a long-term negative bias towards the company. The adjustment reflects a... More

Bitcoin briefly rises to record high over $70,000

March 8, 2024 10:34 AM EST

By Hannah Lang

(Reuters) - Bitcoin briefly rallied to a record high on Friday in volatile trading, as crypto mania continued to sweep through the investment community.

The leading cryptocurrency topped the $70,000 mark for the first time, boosted by investor demand for new U.S. spot exchange-traded crypto products and expectations for global interest rates to fall.

It rose to as high as $70,105 before quickly dropping, and was last trading at $68,317.72.

Billions of dollars have flowed into ETFs in the past few weeks, and the market is getting extra... More

Bitcoin Quickly Climbs to High, Tops $70,000

March 8, 2024 10:31 AM EST

Bitcoin Quickly Climbs to High, Tops $70,000

... More

Coinbase trading volumes boosted by surge in cryptocurrency prices - Goldman Sachs

March 8, 2024 6:54 AM EST

Investing.com -- A recent surge in digital asset prices to all-time highs has supported increased trading volumes and retail investor participation at cryptocurrency exchange Coinbase (NASDAQ: COIN), according to analysts at Goldman Sachs.

In a note to clients on Thursday... More

Goldman Sachs Upgrades Coinbase Global Inc. (COIN) to Neutral

March 7, 2024 4:12 PM EST

Goldman Sachs analyst Will Nance upgraded Coinbase Global Inc. (NASDAQ: COIN) from Sell to Neutral with a price target of $282.00.

The analyst comments "We are upgrading shares of COIN to Neutral from Sell, as crypto prices have surged to all time... More

Crypto stocks see mixed performance as Bitcoin (BTC) climbs to $67.7K

March 7, 2024 3:31 PM EST

Bitcoin (BTC) rose higher on Thursday to $67,700, bringing its total gain this week to around 7.3%.

On Tuesday, the flagship cryptocurrency notched a new all-time high of $69,210, topping its previous peak recorded during the bull run in late 2021.

Bitcoins latest upswing led to a mixed performance among crypto... More