bitcoin coinbase

Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating

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Bitcoin ETFs Boosts Coinbase (COIN) Shares As JPMorgan Upgrades Rating

[ad_1] The recent Bitcoin rally, propelling its price to the $52,000 level, has positively impacted the stock of US-based cryptocurrency exchange Coinbase (COIN). After experiencing a notable dip to $115 at the start of February, Coinbase’s stock rose to $172 on Thursday, following a significant upgrade by a JPMorgan analyst. Improved Prospects For Coinbase Amid … Read more

Bitcoin's Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests

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Bitcoin's Rise to $52K Is Driven by Strong U.S. Demand, the Coinbase Price Premium Suggests

[ad_1] The so-called “Coinbase Premium Index” – which measures the price difference for bitcoin on Coinbase compared to Binance, the leading exchange by trading volume – rose to 0.12 Thursday, its highest reading since May 2023, according to data from analytics firm CryptoQuant. “High premium values could indicate US investors’ strong buying pressure in Coinbase,” … Read more