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Armstrong blamed cuts on “cyclicality” and AI on Tuesday, signaling even he doesn't trust this Bitcoin pump to keep his business stable.

Armstrong cites both market cyclicality and AI productivity as the dual rationale for eliminating 700 roles

Cryptocurrency exchange Bullish (NYSE: $BLSH) is acquiring transfer agent and shareholder services firm Equiniti fo...

Coinbase Global said Tuesday it's letting go of 700 employees in the coming weeks.

(Bloomberg) -- Bank groups pushed back Monday on a crypto market structure proposal, escalating pressure on US lawmakers to continue negotiations over a key stablecoin rewards provision. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanction

(Bloomberg) -- Bank groups pushed back Monday on a crypto market structure proposal, escalating pressure on US lawmakers to continue negotiations over a key stablecoin rewards provision. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina's Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanction

(Bloomberg) -- Bank groups pushed back Monday on a crypto market structure proposal, escalating pressure on US lawmakers to continue negotiations over a key stablecoin rewards provision. Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Giuliani in Critical Condition, Trump SaysUS Has Opened a Passage Through Hormuz, Central Command SaysBeijing Tells China Firms to Ignore US Sanction

Coinbase (NASDAQ:COIN) stock currently trades around $191, while Wall Street’s average price target sits at $241. That implies an upside of roughly 26% from the current stock price to where analysts think the stock should be trading. Coinbase runs the largest crypto exchange in the United States, generating revenue from retail and institutional transaction fees, USDC stablecoin economics, ... Coinbase Has 26% Upside to Price Targets After 57% Selloff