Coinbase (COIN) Price Target Raised at Mizuho on Higher Bitcoin (BTC) Prices
- Wall St slips as higher yields offset upbeat corporate earnings
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices fall as U.S. business activity cools, concerns over Middle East ease
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Custody for Facebook's (FB) Novi a Win for Coinbase (COIN) - JMP
October 20, 2021 7:33 AM EDTJMP analyst Devin Ryan has weighed in to discuss yesterdays news that Facebook (NASDAQ: FB) selected Coinbase (NASDAQ: COIN) as a custodian for its crypto project Novi.
The digital wallet will allow people to send and receive money abroad quickly and with no fees. Coinbase Custody will be engaged to support Novi.
Ryan, who rates Coin as Market Perform with a $330.00 per share price target, shared... More
Coinbase Global Inc's (COIN) Facebook Custody Deal Proves Growth is in Early Stages - JMP Securities
October 20, 2021 6:33 AM EDTJMP Securities analyst Devin Ryan reiterated a Market Outperform rating and $330.00 price target on Coinbase Global Inc. (NASDAQ: COIN) after the company announced that it would provide crypto custody for Facebook's (NASDAQ: FB) pilot of its digital... More
Coinbase (COIN) to power crypto custody for Facebook's (FB) Novi
October 19, 2021 9:14 AM EDT(Updated - October 19, 2021 9:15 AM EDT)
Facebook (NASDAQ: FB) has chosen Coinbase (NASDAQ: COIN) as its custody partner for its pilot of Novi, a new digital wallet that enables people to send and receive money abroad instantly, securely, and with no fees.
For the pilot, Coinbase is supporting Novi via Coinbase Custody, which keeps user funds secure with our proprietary, fully segregated cold... More