JPMorgan Upgrades Coinbase Global Inc. (COIN) to Neutral, 'Surge in Bitcoin Price Takes Crypto Market and Coinbase Earnings Power Higher'
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Coinbase (COIN) upgraded at JPMorgan following Bitcoin rally
February 15, 2024 7:46 AM ESTCoinbase (NASDAQ: COIN) was raised to neutral from Underweight at JPMorgan on Thursday, with the bank citing the surge in the Bitcoin price as its reason. Analyst Kenneth Worthington maintained an $80 price target on the stock.
He told investors that the Bitcoin... More
Crypto stocks rally as Bitcoin price continues to climb
February 14, 2024 11:00 AM ESTCryptocurrency stocks are rising Wednesday on the back of the continued climb in the price of Bitcoin, which has climbed a further 4%.
Bitcoin is currently trading around $51,770, its highest level since December 2021. The rise has taken its market cap to $1 trillion. Ethereum, the second-largest cryptocurrency, is up... More
Coinbase (COIN) call put ratio 2.2 calls to 1 put into quarter results
February 14, 2024 10:51 AM ESTCoinbase (NASDAQ: COIN) February call option implied volatility is at 186, March is at 96; compared to its 52-week range of 59 to 131 into the expected release of quarter results.
... MoreMidday movers: Lyft rises; Airbnb, Kraft Heinz dip
February 14, 2024 9:32 AM EST(Updated - February 14, 2024 11:44 AM EST)
Investing.com -- Main U.S. indexes edged higher Wednesday, a day after hot inflation data triggered a major selloff.
Here are some of the biggest U.S. stock movers today:
Lyft (NASDAQ: LYFT) shares were higher by 32% despite losing a large portion of earlier gains due to a significant error in its margin... More
U.S-listed crypto firms hitch a ride with rising bitcoin
February 14, 2024 6:43 AM EST(Reuters) - Shares of U.S.-listed cryptocurrency companies gained between 7% and 13% before the bell on Wednesday, powered by bitcoin crossing the $1 trillion market value for the first time in more than two years amid improving investor sentiment.
Bitcoin prices have been steadily gaining ground following the U.S. securities regulator's approval of the first spot bitcoin... More
Coinbase (COIN) February 140 straddle into quarter results
February 14, 2024 4:38 AM ESTCoinbase (NASDAQ: COIN) February 140 straddle priced for a move of 13% into the expected release of quarter results.
... More