Trump's Commerce secretary pick is a crypto booster with ties to one of the industry's most controversial players [CNN]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: CNN
become a prominent cheerleader for Tether, the company behind one of the world's biggest crypto assets. But even by the standards of crypto — an alternative financial ecosystem in which some of the biggest frauds of the 21st century have taken place — Tether is a murky entity that has been dogged by investors' concerns about its operations. It is effectively an unregulated, offshore bank that's become a tent pole of the $3 trillion crypto industry. The way it works, briefly: You give a buck to Tether and it gives you a digital token, the lowercase-T tether, that essentially functions as a digital US dollar in the crypto-verse. The tether token is known as a stablecoin, a kind of crypto that was created to hold its value steady while others, like bitcoin and ether, swing wildly minute to minute. (Yes, even though they're called crypto- currencies , they're actually a garbage way to buy things.) While there's a lot to say about the risks of tether, let's focus for a moment the c
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News
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- Bitcoin to Hit $2,00,000 in 2025? ETFs in Focus [Yahoo! Finance]Yahoo! Finance
- Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- COIN's page on the SEC website