The company earned $3.05 per… Bitcoin (BTC) Coin News. 9 Wallstreet analysts have initiated their 12 month price targets (forecasts) for Coinbase stock. Please read our privacy policy and legal disclaimer. May 13, 2021 8:10AM EDT. If you buy Coinbase Pre-IPO tokenized stock FTX for 100 dollars today, you will get a total of 0.166 CBSE. 23 2021, Published 10:07 a.m. 7 Wall Street analysts covering (NASDAQ: COIN) stock is to Strong Buy COIN stock.Out of . Coinbase yesterday announced its plans involving a proposed private offering of $1.25 billion. According to a coin desk, report, the COIN share price could drop to $100 or less if the company is not able to meet earnings expectations in the future, according to a US investment research firm. Coinbase had a complete of about 56 million retail customers as of Q1 2021. Credit: prima91 - stock.adobe.com. Bitcoin (BTC) Coin News. Our model values Coinbase at about 15x our estimated $5.4 billion in 2021 revenue for the company, translating into a market cap of a little over $80 billion. Coinbase had 6.1 million MTUs in Q1’21 – the company provided three tiers of guidance for annual average MTUs for the full year 2021: High: Average … You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. The market mood remains damp ahead of the Fed's meeting minutes. Frederick Ernest Iii Ehrsam's Coinbase shares are currently valued at $1.29B. Coinbase Global is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021. Coinbase stock slipped after hours on Thursday after the cryptocurrency exchange reported first-quarter results that slightly missed estimates — marking its first report since its IPO last month after investing in Bitcoin took off last year. Even though the exchange has posted impressive year-on-year revenue and an increase in users, the research firm still believes that stocks will continue to decline in the long run.”. Apr. Coinbase stock forecast 2025: it's first quarterly report FinanceLinkway May 12, 2021 . May 12, 2021 Euro Technical Forecast: EUR/USD, EUR/AUD, EUR/JPY Charts to Watch May 12, 2021 Dow Jones Retreats as Inflation Heats Up, Hang Seng and ASX 200 in Sour Mood Coinbase; Litecoin; Ripple; Altcoin; Live Rates; Shop; Breaking News [ May 16, 2021 ] What you need to know about Facebook’s Diem cryptocurrency Cryptocurrency News [ May 15, 2021 ] City in North Dakota now accepts cryptocurrency for utility payments Cryptocurrency News [ May 15, 2021 ] Bitcoin, Ether Dive While Some Alternative Cryptocurrencies Hit Record Highs … Coinbase tokenized stock FTX (COIN) Forecast from year 2021 to 2028 * Our predictions are made on the basis of Historical Data. In the first quarter of 2021, GNL showed a top line of $89.4 million, up 12.8% from the year-ago quarter. Revenue forecasts for Coinbase in 2021 and beyond. Hence, it is important for investors to understand this as it may impact the revenue performance and forecasts over time. The consensus among 7 Wall Street analysts covering ( NASDAQ : COIN ) stock is to Strong Buy COIN stock. This accounts for the majority of total revenue. About 10% of the company’s revenue comes from selling its own crypto assets to customers. Coinbase Global (NYSE: COIN) went public earlier this month on April 19 and also released its first quarter earnings on April 6, 2021. The consensus among . Neither was headed in the right direction in April. We do not expect [Coinbase] to report any news from [Q1 of this year] that can justify holding shares at current levels. After the trading hours on May 13 (this Thursday), Coinbase Global (COIN) will release its first quarterly report. Frederick Ernest Iii Ehrsam is the largest individual Coinbase shareholder, owning 4.56M shares representing 2.29% of the company. The company’s commissions are higher than traditional exchanges, due to the higher transaction fees for Bitcoin and other cryptos. As mentioned earlier, Coinbase has experienced immense revenue growth over the past 5 years. EUR/USD bounces off 1.22 as the dollar pares its gains, GBP/USD pressured under 1.42 ahead of Fed minutes. Firstly, across the board we can recognise the positive sentiment portrayed by analysts on Coinbase stock. EUR/USD has bounced off the lows and trades above 1.22 as the dollar loses some ground, following the lead from US Treasury yields. This is important since COIN stock is worth 29 times earnings based on analyst estimates of $8.92 in earnings per share (EPS) for 2021. That is a high multiple. In summary, the foreseeable outlook over the next 12 months looks positive for Coinbase based off analysts price targets and the revenue forecasts. In Q1 2021 revenue forecast grew to $1.8 billion, ... Up 20% from May 6 lows around $250, Coinbase stock recently traded at $300, with buyers showing some signs of life. Coinbase Global, the parent company of the popular cryptocurrency exchange Coinbase went public via direct listing last week. Dogecoin price took investors by surprise as it crashed from $0.47 to hit a low of $0.20 within minutes. 2021-05-13T12:02:00Z ... Cathie Wood's Ark owns about 2.28 million shares of Coinbase stock worth about $650.66 million across three funds, according to analytics firm Cathie's Ark. Frederick Ernest Iii Ehrsam: Director: 2021 … View Coinbase tokenized stock FTX (COIN) price prediction chart, yearly average forecast price chart, … The note's lead author, Gil Luria, told CoinDesk the estimates implied a Coinbase market capitalization of $90 billion. The high degree of leverage can work against you as well as for you. Disclosure - Disclaimer - Privacy Policy - Terms and Conditions, SRNG is set to merge with Ginkgo Bioworks – here’s what you need to know, Pharmaceutical and Biotechnological Stocks. However, as we have noted the dynamic industry of the crypto-economy does pose its own unique risks. ===== Get my list of the top stocks to trade for today. If you are interested in joining eToro click the link here or the banner below. Coinbase revealed plans to release $1.25 billion of convertible debt in a press release published yesterday. The exchange recently went public, and its stock… The Coinbase platform allows retail and institutional customers to buy, sell and store cryptocurrencies such as Bitcoin and Ethereum. Coinbase had a total of about 56 million retail users as of Q1 2021. Summary. ET Coinbase (COIN) went public through a direct listing in Apr. View our earnings forecast for Coinbase Global. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. The information above is not financial advice. In addition, the increase in bond yields and the incredible 8x Bitcoin price hike make the crypto market quite vulnerable to a correction in the near term. Name Role Date Shares Price Value; Frederick Ernest Iii Ehrsam: Director: 2021-04-22: 200: $299.64: $59.93k Sell. Statistics. It went on to hit a … Coinbase Global stock is selling for 265.10 as of the 13th of May 2021. As long as the resistance at $306.88 remains intact, the price will possibly continue its downside bias and thus the rebound will be canceled. The company’s transaction revenue is heavily dependent on the cryptocurrency price trend (led by Bitcoin), which affects the number of users transacting monthly on the platform and the total value of transactions. This represents revenue growth of 350% from its 2020 annual performance. Now, Coinbase stock is down 2.6% at $241.75 in after-hours trading. The stock went on to hit a … Coinbase listed its shares for trading at $250. Coinbase Stock Token Price Prediction; June 2021: $315.37: July 2021: $359.64: … Should traders buy COIN stock on weakness? A key performance indicator for Coinbase stock is its “Monthly Transacting Users (MTUs)” due to its high correlation with transaction revenue. One of the quirks of the Coinbase stock is its proximity to crypto-assets like Bitcoin and Ethereum as we can see in the Form S-1 filed with the SEC. This accounts for the majority of total revenue. Larger institutions tend to have a greater impact on the stock price. What are analysts forecasting for Coinbase stock in 2022? Coinbase Narrowly Misses Earnings Predictions Amid Stock Slump The earnings largely lined up with the preliminary ones the company released in April. What are the catalysts for this revenue growth? This represents revenue growth of 350% from its 2020 annual performance. This revenue unpredictability, in turn, impacts our profitability on a quarter-to-quarter basis”. Convertible Debt Deal. However, as we move further into 2021 we will likely see larger institutions begin to analyse and cover the stock. Coinbase is preparing to go public through a direct listing. The S&P 500 and Dow Jones Industrial Average, for comparison, are both up a little over the same span. Is it a good stock to buy? Take this opportunity to give us a glimpse of the prospects of the first share of cryptocurrency exchanges. Therefore, it may be too early to tell the generalised consensus amongst Wallstreet analysts. May. 2021, and soared above the reference price on the listing day. Coinbase shares have fallen 12% since debuting on the Nasdaq in mid-April with an opening price of around $381. Coinbase Global, Inc () Stock Market info Recommendations: Buy or sell Coinbase Global stock? In Q1 2021 revenue forecast grew to $1.8 billion, with trading volume for the quarter rising to $335 billion as Bitcoin’s price nearly doubled year over year, causing the number of active monthly traders to jump from 2.8 million at the end of last year to 6.1 million in Q1. ===== Get my list of the top stocks to trade for today. the company mentioned that the trading volume on its platform is tied directly to the performance of the market. Isabelle Lee. Apr. Take this opportunity to give us a glimpse of the prospects of the first share of cryptocurrency exchanges. After the trading hours on May 13 (this Thursday), Coinbase Global (COIN) will release its first quarterly report. This is a -4.11 percent decrease since the beginning of the trading day. Coinbase is forecasting monthly transacting users of 5.5 million to 9.0 million for 2021, depending on the performance in the crypto market. Sell. Image source: Getty Images. Is Coinbase Stock a good buy in 2021, according to Wall Street analysts? Coinbase (COIN) Stock Forecast. Coinbase, H1American cryptocurrency exchange platform Coinbase Global, Inc., known as Coinbase, is expected to report earnings today (May 13) after the market Coinbase (COIN Stock) price drops ahead of Q1 2021 earnings report - TheBitcoinDesk Coinbase stock fell after hours on Thursday after the cryptocurrency exchange reported first-quarter results that slightly missed estimates — marking its first report since its IPO last month after investing in Bitcoin took off last year. Total revenue increased from about $534 million in 2019 to $1.28 billion in 2020, as the company’s monthly transaction users increased from about 1 million to around 2.8 million during the period, with total trading volume increased from about $80 billion to $193 billion. Convertible Debt Deal. COIN Stock Forecast: Coinbase Global Inc continues slump ahead of earnings NEWS | 5/6/2021 10:18:57 AM GMT | By Clay Webster. Coinbase, H1American cryptocurrency exchange platform Coinbase Global, Inc., known as Coinbase, is expected to report earnings today (May 13) after the market Coinbase (COIN Stock) price drops ahead of Q1 2021 earnings report - TheBitcoinDesk He still heartily endorses the stock, citing the exchange’s massive growth over the last two years, but especially in this first quarter of 2021, with $800 million in profits, as opposed to just $31.9 … 67% of retail investor accounts lose money when trading CFDs with this provider. NEW Coinbase stock price prediction for May 2021. 14, 2021, 09:30 AM. A move above $306.88 will validate the $250.50 rebound to the $325.00 projection. Coinbase had a total of about 56 million retail users as of Q1 2021. Coinbase had 6.1 million MTUs in Q1’21 – the company provided three tiers of guidance for annual average MTUs for the full year 2021: 7 analysts, 4 (57.14%) are recommending COIN as a Strong Buy, 1 (14.29%) are recommending COIN as a Buy, 2 (28.57%) are recommending COIN … Coinbase will answer questions, including on Dogecoin, later today. COIN Stock Forecast: Coinbase Global Inc continues slump ahead of earnings NEWS | 5/6/2021 10:18:57 AM GMT | By Clay Webster. According to analysts this is only expected to continue in 2021. Firstly, the revenue forecasts from analysts is a useful tool for investors in understanding the growth outlook of a company. However, revenue growth is expected to decline in 2022 with average forecasts estimating revenue of $4.89 Billion. This suggests a possible upside of 60.1% from the stock's current price. Their forecasts range from $250.00 to $650.00. About 90% of the company’s revenue (as of 2020) comes from transaction fees from trading and through services such as storage and analytics. We are now official partners with eToro. Based on our forecasts, a long-term increase is expected, the price prognosis for 2026-04-11 is 4934.610 US Dollars. Coinbase tokenized stock FTX price prediction in 2021 - up to $437.36 (COIN/USD), COIN price prediction, Coinbase tokenized stock FTX(COIN) forecast. admin May 18, 2021. Coinbase Pre-IPO tokenized stock FTX price equal to 604.000 USD at 2021-05-15. See the … Note: All information on this page is subject to change. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. The analysts forecast Coinbase to register $4.4 billion in revenue in 2021. Coinbase is down around 30% since its public debut, in step with the decline of the broader crypto complex, but a number of analysts remained bullish on the company’s stock. Coinbase, which is set to directly list on the Nasdaq exchange on April 14, estimated that its first-quarter revenue for 2021 came in at $1.8 billion. The company noted in their Q1 earnings release, that the fluctuations/volatility in the crypto markets does have a subsequent effect on their revenue performance. In the past few months, the correlation was to the exchange’s advantage because we are in the middle of a … Coinbase Global, Inc. announced today the release of its first quarter 2021 shareholder letter. Youth Investment Group has no liability for personal financial interests or investment decisions. We also discuss key levels to buy BTC as it continues to fall. Frederick Ernest Iii Ehrsam: Director: 2021-04-22: 200: $313.39: $62.68k Sell. ET Coinbase (COIN) went public in April through a direct listing at a reference price of $250. The revised price target reflects a multiple of 20 times Coinbases revenue … Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The higher price volatility for crypto assets also usually helps with income. Stay up to date with the Coinbase tokenized stock FTX (COIN) price prediction on the basis of hitorical data. The average 12 month price target is sitting at $435.50 a share which represents a 48% upside from the current trading price. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. Coinbase went public on April 14 via a live listing on the Nasdaq exchange with the ticker COIN and the proposed listing price opened at $381. Coinbase charges its customers a transaction fee (0.5%) based on the volume they trade. 8 expert predictions ahead of Coinbase's hotly anticipated IPO . I give my forecast in today's video. Coinbase yesterday announced its plans involving a proposed private offering of $1.25 billion. Tuesday, May 18, 2021. April FOMC Minutes Preview: Can there be one monetary policy for inflation and jobs. Coinbase Pre-IPO tokenized stock FTX Price Prediction 2021, CBSE Price Forecast. admin May 18, 2021. On average, they anticipate Coinbase Global's stock price to reach $424.30 in the next twelve months. See the … Coinbase boasts over 56 Million users and generated $1.14 Billion in revenue as of 2020, a 136% YOY improvement from 2019. Gold declined toward the 200-day SMA on Wednesday. POLYGON (MATIC) 2021 PRICE PREDICTION!! Therefore, investors should always take this expected volatility into account when analysing the outlook of this stock. Coinbase prices its prospects transaction charges (estimated at about 0.5%) primarily based on the volumes that … 11 2021, Published 9:32 a.m. The major catalyst for Coinbase’s strong revenue forecasts is the growing sentiment for the crypto economy. Coinbase Global, Inc. (COIN) estimates and forecasts. Coinbase Stock Dips After the Company Seeks More Cash. COIN Stock continues to see selling pressure, and the company announced a $1.2B. eToro Disclaimer – Your capital is at risk. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Coinbase had a total of around 56 million retail users as of Q1 2021. Stay up to date with the Coinbase tokenized stock FTX (COIN) price prediction on the basis of hitorical data. https://capital.com/coinbase-share-price-prediction-2021-and-beyond 2022 with average forecasts estimating revenue of $4.89 Billion. Turning out attention to how the Coinbase Global, Inc. stock has performed in comparison to its peers in the industry, here’s what we find: COIN’s stock is -3.66% on the day and 0% in the past 12 months, while CME Group Inc (CME) traded +0.26% in the last session and was positioned +13.22% up on its price 12 months ago. The company operates a cryptocurrency exchange platform which allows investors to buy, sell and store cryptocurrencies. Therefore impacting their brokerage fees and subscription revenue. The Coinbase COIN listing occurred yesterday, April 14 th, and the exchange is now valued at over $100 billion as one of the most-anticipated developments in the crypto space in recent times so experts weigh in on the listing as we read more today in our Coinbase Stock news.. 2021-05-13T12:02:00Z ... Cathie Wood's Ark owns about 2.28 million shares of Coinbase stock worth about $650.66 million across three funds, according to analytics firm Cathie's Ark. The surge in investor interest sees Coinbase as the beneficiary, especially considering their dominance within the industry. Nonfarm Payrolls added just 266,000 jobs last month despite widespread expectations for a million or more and 770,000 new hires in March. Pharmaceutical and Biotechnological Stocks (84), Lets Talk Money with Tyger Fitzpatrick (37). Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. Learn how your comment data is processed. However, revenue growth is expected to decline in 2022 with average forecasts estimating revenue of $4.89 Billion. GBP/USD is trading around 1.4150, close to the daily lows, despite falling returns on US debt, which have dragged the dollar down. [Updated] May 11, 2021 What No One Is Saying About Dogecoin & SafeMoon May 11, 2021 Rapid acceptance of Digital Ledgers and Blockchain Technology in the entire Financial Space underscore Growth in the Cryptocurrency Market May 11, 2021 The CEO of Nashville-based company New Constructs, David Trainer, said, “At [Coinbase] current prices… the stock valuation implies that the company will exceed the combined revenues of the Intercontinental Exchange and the Nasdaq. Nonetheless, it may not be realistic to expect the company to maintain its Q1 growth rate for the remainder of 2021, given the cyclical nature of the crypto market. NEW Coinbase stock price prediction for May 2021. I give my forecast in today's video. Disclaimer: Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of purchase or sale of any financial instrument. A fluctuation or a crypto price cycle will impact the companies revenue returns and forecasts. COIN Stock continues to see selling pressure, and the company announced a $1.2B. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The analysts forecast Coinbase to register 44 billion in revenue in 2021. The exchange recently went … The report is for the fiscal quarter ending March 2021. What are the catalysts for this revenue growth? In Q1 2021 revenue forecast grew to $1.8 billion, ... Up 20% from May 6 lows around $250, Coinbase stock recently traded at $300, with buyers showing some signs of … With its unique position in one of the hottest investing areas on the planet right now -- cryptocurrency -- Coinbase will be the one true must-buy IPO stock for 2021. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. The report is for the fiscal quarter ending March 2021. The Federal Reserve has two official responsibilities, full employment and price stability. This equates to Coinbase generating revenue of $6.8 billion by 2028, equal to Intercontinental Exchange’s current revenue (Intercontinental owns the New York Stock Exchange). As of 2021 May 13, Thursday current price of COIN stock is 0.310$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).. Should traders buy COIN stock on weakness? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Coinbase Global share forecasts, stock quote and buy / sell signals below.According to present data Coinbase Global's COIN_old shares and potentially its market environment have been in a … X Coinbase reported total revenue of $1.801 billion. The general consensus amongst analysts is Strongly bullish with all 6 analysts listing a Buy rating and 3 listing a Hold/Neutral rating. Is Coinbase Stock a good buy in 2021, according to Wall Street analysts? The use of this website constitutes acceptance of our user agreement. Coinbase’s excessive dependence on trading commissions . A key performance indicator for Coinbase stock is its “Monthly Transacting Users (MTUs)” due to its high correlation with transaction revenue. The company primarily reaches customers through the Coinbase, Coinbase Pro and Coinbase Wallet apps and their websites. The price of 1 Coinbase Pre-IPO tokenized stock FTX CBSE can roughly be upto 9594 USD in 1 years time a 2X nearly from the current Coinbase Pre-IPO. Coinbase (NASDAQ: COIN) is owned by 0.00% institutional shareholders, 14.48% Coinbase insiders, and 85.52% retail investors. Out of 7 analysts, 4 ( 57.14% ) are recommending COIN as a Strong Buy, 1 ( 14.29% ) are recommending COIN as a Buy, 2 ( 28.57% ) are recommending COIN as a Hold, 0 ( 0% ) are … Buy. Coinbase tokenized stock FTX price prediction in 2026 - up to $1,037.31 (COIN/USD), COIN price prediction, Coinbase tokenized stock FTX(COIN) forecast. The sudden bearish impulse seems to be an overblown reaction to the recent cryptocurrency ban imposed by China. “MTUs, Trading Volume, and therefore transaction revenue currently fluctuate, potentially materially, with Bitcoin price and crypto asset volatility. Heres how experts think the stock could perform on its debut. X The results arrived as the cryptocurrency exchange, the U.S.’ largest, faces questions about rival crypto platforms, widening its product […] Up 20% from May 6 lows around $250, Coinbase stock recently traded at $300, with buyers showing some signs of life. : Forbes. Coinbase Stock Forecast FAQ. The stock's open price was 276.46.Equity ratings for Coinbase Global are calculated daily based on our scoring framework.The performance scores are derived for the period starting the 12th of February 2021 and ending today, the 13th of May 2021 Coinbase stock fell after hours on Thursday after the cryptocurrency exchange reported first-quarter results that slightly missed estimates — marking its firs Coinbase Stock Falls As First Earnings Since IPO Miss Forecasts » Bitcoin-Accepted.com Coinbase is the largest US crypto exchange and investors are excited that this listing will see more Bluechip crypto exchanges list publicly in the near future. 10 Wall Street analysts have issued twelve-month price objectives for Coinbase Global's shares. Coinbase Global (NASDAQ:COIN) made waves on Wallstreet last month after the completion of its initial public offering. About the Coinbase Global Inc – Class A stock forecast. The shares of the crypto exchange coinbase COIN will now be offered to the public later … Many people are weighing in with a Coinbase stock prediction, one week after the biggest crypto-related IPO in history. Let’s breakdown everything investors need to know about Coinbase’s stock forecast for 2022 and beyond. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. The average revenue forecast expects Coinbase to generate $5.13 Billion in 2021. The scale of which Coinbase operate has organically positioned their business to attract new users to the platform as the entire addressable market grows with it. Actually, on April 6, before Coinbase went public, it had already … Coin Hodl stock price as been showing a rising tendency so we believe that similar market segments were very popular in the given time … Roughly 90% of the corporate’s revenues (as of 2020) got here from the transaction charges from buying and selling and through providers reminiscent of storage and analytics. Tuesday, May 18, 2021. Insider buying vs selling Have Coinbase Global Inc insiders been buying or selling? View Coinbase tokenized stock FTX (COIN) price prediction chart, yearly average forecast price chart, prediction tabular data of all months of the year 2021 and all other cryptocurrencies forecast. Coinbase , the largest cryptocurrency exchange in the U.S., missed analysts' expectations on the top and bottom line in its Q1 2021 earnings report, its first ever as a public company. So, what’s the forecast for Coinbase stock in 2021? Overview Forecast Earnings Dividend Ownership. Price target in 14 days: 708.265 USD. Next target is located at $1,900 but indicators show overbought readings. At the time of writing, Coinbase is trading around $290.00, correcting from its $250.50 rebound after hitting the $306.88 average resistance. We are not responsible for any profit / loss. Based on this release, COIN stock has not done very well. The 2021 estimates are for Coinbase Global, Inc. earnings to decrease by 0%, but the outlook for the next 5-year period is at 0% per year. What price target have analysts set for COIN? This is because the demand for crypto will fluctuate based upon the current performance. You should make your own investment decisions based upon your own research and what you believe is best for you. We also discuss key levels to buy BTC as it continues to fall. 11 equities research analysts have issued 1-year price targets for Coinbase Global's shares. 86% of Coinbase’s 2020 revenue came from trading commissions. Coinbase Stock Dips After the Company Seeks More Cash. UK PM Johnson seemed calm about the spread of the a new variant in the UK. The average revenue forecast expects Coinbase to generate $5.13 Billion in 2021. In addition, the company currently holds an estimated 11% of all cryptocurrency on their platform. This site uses Akismet to reduce spam. In addition, the vastly growing addressable market is an exciting factor for long term Coinbase shareholders. Coinbase, H1 American cryptocurrency exchange platform Coinbase Global, Inc., known as Coinbase, is expected to report earnings today (May 13) after the market closes. The stock closed at about $328 the first day but have since fallen 24% to just below $248.24. Coinbase stock forecast 2025: it's first quarterly report FinanceLinkway May 12, 2021 . In addition, see the disclaimer below regarding use of Etoro or for more information on our partnerships, see our disclosure statement here. eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFD assets. Immediate support is at $279.00. Coinbase, which is set to directly list on the Nasdaq exchange on April 14, estimated that its first-quarter revenue for 2021 came in at $1.8 billion.
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