Cardano's ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
As bitcoin {{BTC}} gets closer to the $100,000 mark for the first time — it crossed $99,000 earlier Friday — capital is rotating into alternative cryptocurrencies, creating a buzz in the broader crypto market. Amid the excitement, proof-of-stake smart-contract blockchain Cardano's native cryptocurrency ada {{ADA}} is having its moment. The token has surged 10% in the past 24 hours, trading at 90 cents early Friday on Coinbase and other exchanges. That's the highest price since May 2022, according to CoinDesk Indices data. The price has risen 22% this week, taking the month-to-date gain to 152%. That has raised the token's market capitalization to $30.85 billion, making it the world's 10th-largest digital asset. In contrast, the CoinDesk 20 Index ( CD20 ), a measure of the broader crypto market, has advanced 14% this week and 58% this month. ADA's rally is accompanied by continued accumulation from whales, hefty crypto addresses with more than $10 million in the token. According
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News
- World's 6 largest stablecoins: Top cryptocurrencies that maintain a stable price [Yahoo! Finance]Yahoo! Finance
- Charles Schwab Plans Direct Crypto Investment Offerings Amid Regulatory Changes [Yahoo! Finance]Yahoo! Finance
- Why Bitcoin Self Custody Matters [Forbes]Forbes
- Q3 Earnings Roundup: Coinbase (NASDAQ:COIN) And The Rest Of The Online Marketplace Segment [Yahoo! Finance]Yahoo! Finance
- Bitcoin at record highs, sets sights on $100,000 [Yahoo! Finance Canada]Yahoo! Finance Canada
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- COIN's page on the SEC website