Approval of Bitcoin ETFs not seen as a boon for Coinbase (COIN)

After-hours movers: KB Home, Coinbase and More

January 10, 2024 4:49 PM EST

After-Hours Stock Movers:

KB Home (NYSE: KBH) declined 2% after reporting results for the fourth quarter. EPS and revenue beat consensus but guidance failed to impress investors.

Coinbase (NASDAQ: COIN) declined 3% and Marathon Digital (NASDAQ:... More

US SEC approves 11 spot bitcoin ETFs

January 10, 2024 3:57 PM EST

(Reuters) - The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, including those of Grayscale, Bitwise and Hashdex, according to a statement on Wednesday.

The approval would be a game-changer for bitcoin, offering institutional and retail investors exposure to the world's largest cryptocurrency without... More

Midday movers: Boeing, Meta Platforms and more

January 10, 2024 8:11 AM EST

(Updated - January 10, 2024 12:08 PM EST)

Investing.com -- Main U.S. indexes were slightly higher as investors adopted a wait-and-see approach ahead of the release of the key monthly inflation data later in the week.

Here are some of the biggest U.S. stock movers today:

Boeing (NYSE: BA) stock rose 1.5%, attempting to rebound after a drop of 9% over the last two sessions in the wake of the mid-air blow-out of a door panel on one of its 737 Max aircraft last week, even as Chief Executive Dave Calhoun... More

Coinbase (COIN) option implied volatility as Bitcoin trades $45,685

January 10, 2024 5:35 AM EST

Coinbase (NASDAQ: COIN) 30-day option implied volatility is at 85; compared to its 52-week range of 59 to 131 as Bitcoin trades $45,685.

... More

After-hours movers: Bitcoin ETF approval head fake, Intuitive Surgical, and more

January 9, 2024 4:58 PM EST

After-Hours Stock Movers:

Coinbase (NASDAQ: COIN) and other Bitcoin-related stocks were volatile after the U.S. Securities and Exchange Commission posted on twitter that it approved Bitcoin ETFs. The SEC's chairman Gary Gensler later said the SECs... More

Gary Gensler Says SEC Twitter Account Was Compromised

January 9, 2024 4:28 PM EST

(Updated - January 9, 2024 4:29 PM EST)

Gary Gensler Says SEC Twitter Account Was Compromised

The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.

Gary Gensler (@GaryGensler) January 9, 2024

... More