Noticias

The Senate Banking Committee approved the Clarity Act in a bipartisan vote. But some issues are still up for debate. Crypto stocks jump.

Coinbase and other crypto stocks surged on Thursday after a major bill that cements the crypto industry’s legal standing got one step closer to the finish line.

Crypto-linked equities are catching a strong midday bid on Thursday, May 14, with traders pricing in a friendlier regulatory backdrop ahead of an anticipated Senate Banking Committee vote on the Digital Asset Market Clarity Act. Coinbase Global (NASDAQ:COIN) shares are up roughly 10% intraday, trading near $222 after closing at $201.80 on Wednesday. Strategy (NASDAQ:MSTR), ... Coinbase Spikes 10%, Strategy Rallies 7%, Marathon Rises 6% as Crypto Stocks Catch Regulatory Tailwind

Coinbase Global (COIN) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

(Bloomberg) -- Circle Internet Group Inc.’s first-quarter revenue increased 20% while net income declined, as ongoing volatility in cryptocurrency markets roiled earnings from companies across the industry at the start of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks

Coinbase cuts 14% of workforce amid AI-focused restructuring. Bullish spikes on $4.2 billion acquisition to power tokenization.

Coinbase Global plans to slash 700 jobs, or 14% of its workforce, as the cryptocurrency exchange operator aims to cut costs and streamline its operations. Artificial intelligence is partially to blame. CEO Brian Armstrong said in a letter to employees that Coinbase remains “well-capitalized” and “well-positioned to weather any storm.”

Coinbase will report Q1 results on May 7. Revenue and EPS estimates fall amid weaker crypto volumes. Will subscriptions and USDC soften the blow?

Investing.com -- Shares of Circle Internet Group Inc (NYSE:CRCL) surged 16.1% on Monday as investors cheered a bipartisan compromise on stablecoin legislation that appears less restrictive than previously feared. The rally follows the release of legislative text for the CLARITY Act by Senators Thom Tillis and Angela Alsobrook, which details new boundaries for stablecoin rewards.

Investors are digesting long-awaited stablecoin yield text that’s held up the crypto industry’s key bill in Congress. 

Bitcoin jumps near $80,000 as Senators reach Clarity Act compromise on stablecoin yields. Circle Internet leads cryptocurrency stocks higher.