Given the recent decline in COIN shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity at this time.
Coinbase Global (COIN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Cryptocurrency News: Bitcoin swung to its highest level in almost a month, sending miners, exchange-trade funds and related stocks into a steep early rally Thursday. The gains followed Wednesday's Federal Reserve announcement of its first interest rate cut in four years. Among related stocks, miners including Bit Digital, Hive Digital, Iris Energy and CleanSpark all rallied more than 6% in premarket action.