Trump victory signals golden era for crypto industry [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
After years of ascendancy following bitcoin's emergence, the cryptocurrency industry had fallen into a "crypto winter," plagued by scandals and hostile regulatory oversight. But Trump's impending presidency has spurred an enthusiastic market response, with bitcoin surging more than 25 percent in a week and breaking through the $90,000 mark for the first time. The president-elect previously voiced opposition to digital currencies, but as a candidate pledged to make the United States "the world capital of crypto," a dramatic shift met with an influx of financial and other support from the sector. Crypto-affiliated groups spent some $245 million on elections this year, according to the Federal Election Commission, much of it targeting the sector's Democratic opponents. The Washington Post reports that Trump is already seeking crypto-friendly candidates for key government positions. Many potential appointees have close ties to Elon Musk, the world's richest man who has become a
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COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- COIN's page on the SEC website