Coinbase stock price retreated by over 5% on Wednesday as traders and investors remained pessimistic about its business ahead of its fourth-quarter earnings report. Summary Coinbase share price is stuck in a bear market after falling from $445 in 2025 to $153. The company will publish its fourth-quarter financial results on Wednesday. Robinhood’s crypto revenue
BlackRock’s plan to tokenize its flagship iShares ETF lineup has triggered a bubbly response from the crypto community, with analysts calling the development a critical catalyst that could potentially lift the crypto market out of its prolonged downturn. Latest developments reveal that BlackRock is in active discussion with the US Securities and Exchange Commission (SEC)
As expectations regarding the Fed’s interest rate policy reshape themselves in global markets, two major financial institutions have updated their forecasts for the interest rate cut timeline. TD Securities announced that the Fed has postponed its expectation of its first interest rate cut from March to June. Despite this, the firm maintains its forecast of
Even a modest model portfolio allocation to crypto in Asia could drive massive inflows into the market, according to Nicholas Peach, head of APAC iShares at BlackRock. Speaking on a panel at Consensus Hong Kong, Peach said rising institutional acceptance of crypto exchange-traded funds (ETFs) — particularly in Asia — is reshaping expectations for the
Recent crypto market volatility hasn’t been kind to crypto exchange Coinbase. At the time of writing, COIN has lost 8% since the opening bell on Wednesday and was changing hands for about $149 per share. The stock has now dropped 34% since the start of the year, according to Yahoo Finance. “Obviously been a bit
Ripple, the blockchain firm behind the $XRP Ledger, is teaming up with Aviva Investors to bring traditional investment funds onchain through tokenization, the companies announced Wednesday. Aviva Investors, the asset management arm of British insurer Aviva Plc, will use the $XRP Ledger’s infrastructure to convert conventional fund products into digital tokens. The deal marks Ripple’s
US employers added 130,000 jobs in January, nearly doubling the 65,000 consensus forecast and signaling unexpected resilience in the labor market. The Bureau of Labor Statistics, the federal agency tracking employment data, reported the unemployment rate dipped to 4.3%, below the anticipated 4.4%. Healthcare drove much of the gain, contributing 82,000 positions, while social assistance