Tag: $Coibase

Coinbase and MicroStrategy Rise as Bitcoin Rally Boosts Crypto Stocks

Bitcoin rose toward $45,500 in early trading, up 7% over the past 24 hours, amid hopes the Securities and Exchange Commission will shortly begin approving Bitcoin exchange-traded funds. It’s the first time the world’s largest cryptocurrency has topped $45,000 since April 2022.

Coinbase revenue beat estimates, executives expect to win battle with SEC

Coinbase Global (COIN.O) beat second-quarter revenue expectations on Thursday on higher interest income while its executives said the crypto exchange expects to win its legal battle with the U.S. securities regulator.