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coinbase stock update: Coinbase shares near two-year high as ETF euphoria boosts trading volume

The stock rallied 14% to $189.28 and added more than $5 billion to the company's market value. Trading fees for Coinbase improved as investor interest in popular crypto tokens such as bitcoin rose since the second half of 2023 in anticipation of an approval for spot bitcoin ETFs.

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Crypto exchange Coinbase clarifies discontinuation reports for Indian users

Coinbase clarifies reports of discontinuing services for Indian users, states notice was for specific accounts in breach of standards.

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coinbase share price: Coinbase shares jump 11% day after Nasdaq debut


Synopsis
Coinbase was valued at just under $6 billion as recently as September, but its valuation has surged toe-to-toe with bitcoin's gains this year. The company was valued at $86 billion at the end of Wednesday's trading session.
AP
Cathie Wood's Ark funds bought $246 million worth of Coinbase shares in the debut on Wednesday, according to the firm's daily trade summary.
Coinbase Global Inc shares jumped 11% in early trades on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.
The debut marks another milestone for bitcoin and other digital assets and comes amid a surge in the value of cryptocurrencies that has lured a clutch of mainstream, top-tier firms.

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Coinbase heads for $91 billion valuation as indicative share price surges


Coinbase valuation tops $100 bn as share price surges to $381 on Nasdaq debut
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Coinbase valuation tops $100 bn as share price surges to $381 on Nasdaq debutBy Echo Wang, Reuters
Last Updated: Apr 14, 2021, 11:38 PM IST
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Synopsis
At $381, Coinbase has a fully diluted valuation, which includes unvested stock options and restricted stocks, of $99.95 billion and a market capitalisation of $75.9 billion.
AP
Coinbase employees gather outside the Nasdaq MarketSite during the company's IPO, in New York's Times Square on April 14, 2021.
New York:Cryptocurrency exchange Coinbase Global In. was valued at almost $100 billion in a Nasdaq debut on Wednesday that marked another milestone in the development of bitcoin and other digital assets.

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