Public Keys: Coinbase Profits, IBIT Decreases, and REX Turns Volatility into Gains
Public Key Weekly Summary This week in the crypto world: Coinbase shows surprisingly strong Q3 results, BlackRock’s IBIT has taken a significant hit, and REX Shares launches an ETF targeting crypto stock volatility. On Thursday, Coinbase reported third-quarter revenue around $1.9 billion, with trading revenue hitting $1 billion—both above expectations. This marks a noticeable recovery […]
Public Keys: Coinbase Profits, IBIT Declines, and REX Turns Volatility into Profit
Simply put Coinbase outperformed expectations in the third quarter, bringing in $1.9 billion in revenue. This growth was fueled by a surge in trading volumes and profitable services like Ethereum L2 Base. The BlackRock Bitcoin ETF, known as IBIT, experienced substantial outflows of $290.8 million on Thursday as Bitcoin dipped below $110,000. However, overall inflows […]
Stocks with the largest changes after trading hours: Apple, Amazon, Coinbase, Netflix, and others.
After-Hours Trading Updates Let’s take a look at some companies that are generating buzz in after-hours trading. First up, Apple. Shares jumped 4% after the tech giant reported a fourth-quarter profit that exceeded expectations. They posted earnings of $1.85 per share on revenues of $102.47 billion, while analysts predicted $102.24 billion in revenue and $1.77 […]
Crypto.com aims for OCC federal charter, alongside Coinbase, Ripple, and others
Crypto.com Pursues National Trust Bank Charter On Friday, Crypto.com, a cryptocurrency exchange based in Singapore, announced its intention to apply for a national trust bank charter with the Office of the Comptroller of the Currency (OCC). This move aligns with similar efforts by other established crypto companies. The company aims to obtain a license that […]
What’s Causing the Rise in Coinbase (COIN) Shares Today
Coinbase Stock Rises After JPMorgan Upgrade Shares of Coinbase, a blockchain infrastructure company, increased by 8.7% during afternoon trading following an upgrade by JPMorgan. The investment bank shifted Coinbase’s rating from “neutral” to “overweight.” Analyst Kenneth Worthington also raised the price target from $342 to $404. This decision stemmed from JPMorgan identifying new opportunities for […]
Coinbase, eBay receive upgrades from leading Wall Street analyst
Market Update: Research Requests Summary Today, we’re taking a look at some noteworthy findings that investors should be aware of. Here’s a snapshot of today’s top upgrades and downgrades. Top 5 Upgrades Citizen JMP has upgraded eBay (EBAY) to outperform, setting a target price of $115. They believe that eBay’s new product initiatives will enhance […]
Friday’s top analyst recommendations: Nvidia, Apple, Coinbase, Intel, Beyond Meat, Amazon, Microsoft, eBay, and others
Wall Street Updates: Key Moves and Ratings On Friday, major firms shared their latest assessments on various stocks. Evercore ISI expressed confidence in Apple, reaffirming that its partnership with F1 is a strategic move. They noted that while the initial acquisition cost may raise eyebrows, it’s a long-term play for expanding Apple’s presence in live […]
Coinbase CEO Brian Armstrong optimistic about the passage of a cryptocurrency bill this year
On Thursday, Coinbase co-founder and CEO Brian Armstrong expressed optimism about the prospects of the virtual currency market structure bill, stating he believes it could pass before the year is out. During his discussions with senators from both political parties, he conveyed a sense of urgency and hope for the bill’s future. “Even if DC […]
Coinbase Institutional’s Q4 Forecast: Positive and Negative Indicators for BTC, ETH, L2s
Coinbase Institutional’s 2025 Q4 Crypto Outlook In a recent report titled “Charting Crypto: Navigating Uncertainty,” Coinbase Institutional has a somewhat optimistic view on the year-end prospects for cryptocurrencies. This report was produced in collaboration with Glassnode. The analysis indicates a cautious but upward bias, particularly in light of the market fluctuations observed around October 10. […]
Coinbase Introduces Stablecoin Payment System for Businesses
Coinbase is rolling out a new set of B2B payment tools that utilize USDC, a stablecoin pegged to the US dollar, making transactions as simple as sending an email. On October 16, the company announced a global payout feature enabling businesses to send USDC to any on-chain address or directly to an email. This means […]