Coinbase Global Inc (COIN)

[UpTickMeA$AP]

How much did $COIN have deposited in silicon valley bank????

Ruh roh!!

[TheFinalCD]

the SILVERGATE $SI effect

As the bank of choice for crypto, Silvergate Bank's failure is disappointing, but predictable. I warned of Silvergate's risky, if not illegal, activity—and identified severe due diligence failures. Now, customers must be made whole & regulators should step up against crypto risk.

— Elizabeth Warren (@SenWarren) March 8, 2023

[TheFinalCD]

58 wow https://decrypt.co/123050/bitcoin-ethereum-down-silvergate-bank-shuts-shop

[TheFinalCD]

$65

[Expensivetaste281]

$62

[TheFinalCD]

$60

[BJ2018]

Competition is being crushed. COIN should stand to gain on this if cryptos rally again. also the pullback is holding nicely

[shajandr]

The precedence order of operations is:

1. Lose marbles.
2. Buy COIN.

Having lost one's marbles is a condition precedent to buying COIN.

[lilLu]

What happened here? Did ya'll lose your marbles during the downtrend?
Revenue beat! Usage declines because 90% of the population cannot define a crypto in their own words? GET REAL! We're sitting pretty good!
BUY TO HOLD!
COIN!

[shajandr]

https://www.cnbc.com/2023/02/20/how-the-sec-and-paxos-busd-fight-could-impact-the-stablecoin-market.html

Coinbase is the LEHMAN BROTHERS of the kleptocurrency bubble pop.

[Benztrader]

Up 18% on this looser-

[Benztrader]

Coin up 9% today-Only smart people buy Coin stock

[shajandr]

Loosers buy loosers.

Cathie Wood is great at loosing munny for investors. She is a CONtrary indicator.

ARKK Two Years - Too Many Tears 75 Percent LOSS

[TheFinalCD]

ARKK bought more...lets hear vexxed thoughts

https://www.cnbc.com/2023/02/14/ark-invests-cathie-wood-buys-coinbase-shares-for-a-second-day-.html

[shajandr]

"I have more cars then I have garages "

So that is why they are all sitting on blocks in the front yard. Understood. Junk collector.

[Vexxed]

Hows that 60 support holding for ya

[TheFinalCD]

what the f ARK https://ih.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/90206381/statement-of-ownership-sc-13g


https://cathiesark.com/arkk-holdings-of-coin

https://decrypt.co/120363/coinbase-bull-cathie-woods-ark-innovation-etf

[BJ2018]

Healthy pullback after the monster move it just had. no new lows I bet. COIN should benifit from the market share its taking from the deadbeats out there that are bellyup. glta!

[TheFinalCD]

#tradingtip #checklist

Here is Example $COIN Short
✔️ Market Bearish - Check
✔️ EMA Cloud System Bearish - Check
✔️ Bitcoin Down - Catalyst -Check
✔️ Bearish Option Flow - Check

Hence, High Probability Short Trade https://t.co/P7VzUvPDa2 pic.twitter.com/bQgPKbTpy8

— Ripster📈📉 (@ripster47) February 9, 2023

[TheFinalCD]

thanks 59.20-60.20

[Vexxed]

Go on. Buy ur 60 support at 59

[TheFinalCD]

COINDESK: Coinbase CEO Heard ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers

[Vexxed]

Sec about to long dik coinbase and all of crypto. Open WIDE

[TheFinalCD]

59-60 is a LONG

[Vexxed]

Short itttt

[TheFinalCD]

61.70 giddy up dog

[TheFinalCD]

$63.70

[Mother Lode]

"Coinbase shares surged after a Manhattan federal judge dismissed a class-action suit against the crypto exchange."

https://www.cnbc.com/2023/02/02/coinbase-stock-jumps-after-federal-securities-suit-dismissed.html

[BJ2018]

Woohoo i called that one!

[Juancy]

Congrats to those who banked or are banking!

$COIN

[Magnetics]

Very nice! I thought this was done.. especially when Jim Cramer said its never too late to sell.. I seriously considered it.. what an AHOLE that guy is EVER day! Glad I held on..i would have been pissed today if not.. almost back to even! Let er' rip!

[Benztrader]

$70!!!

[Benztrader]

$65!!!

[MrDicern]

$Coin to the moon! I only wish I had bought it at $32 instead of $42! Dollar value dropping as predicted in the dollar milkshake theory. US currency will be last and folks would rather buy crypto than gold in my opinion!

[Benztrader]

$60!!

[Benztrader]

Shorty getting nervous lol

[shajandr]

https://www.cnbc.com/2023/01/24/coinbase-shares-to-get-cut-nearly-in-half-as-retail-traders-shun-crypto-mizuho-predicts.html

I expect Coinbase to be in bankruptcy or OOB (~OUTT-of-binniss) by summer 2024, possibly by EOY 2023.

Coinbase is the LEHMAN BROTHERS of the kleptocurrency collapse that is dead ahead.

[Mother Lode]

BTC at $22,902 @6:56 in the spot market

[Benztrader]

Coin Up Another 7% today- LOL

[Mother Lode]

21,130.07 @ 6 am in BTC spot market rally

[Mother Lode]

BTC pushing up to 21K in spot market

[Benztrader]

Shorts in panic mode LOL

[Mother Lode]

the rally continues in the BTC spot market. at this time up 8.71%

[Benztrader]

COIN rebounds

[Mother Lode]

Looks like there has been a delink-age between COIN and BTC. BTC up 3.96% in the spot market.

Then again maybe not

[hunterj20]

Actually 29% gain, bought them back $3.00 lower 10 minutes later. What a chart!!!! $COIN

[Investors3]

Coinbase to Lay Off More Workers in Second Round of Cuts
January 10 2023 - 07:42AM
Dow Jones News
By Will Feuer

Coinbase Global Inc. said it is laying off 950 employees to cut costs, another round of job cuts after the cryptocurrency exchange cut its headcount by about 18% last year

In a blog post published Tuesday, Coinbase Chief Executive Brian Armstrong said the crypto industry has been hit by "fallout from unscrupulous actors." He warned that "there could still be further contagion."

"We need to make sure we have the appropriate operational efficiency to weather downturns in the crypto market, and capture opportunities that may emerge," he said.

As of the end of September, Coinbase had about 4,700 employees, up almost 70% from a year earlier, according to a shareholder letter. The latest round of layoffs would affect about 20% of staff, based on that count.

Mr. Armstrong acknowledged the company's round of layoffs in 2022.

"In hindsight, we could have cut further at that time," he said. "While some of the factors that have brought us to this point are beyond our control, accountability rests with me as the CEO."

The company expects operating costs to fall by about 25% from a year ago in the quarter ending March 31, Coinbase said in a securities filing. The company said it expects to incur about $149 million to $163 million as part of a restructuring plan meant to cut costs.

Mr. Armstrong said the company will exit some projects that "have a lower probability of success," and that teams on other projects will continue to operate with fewer employees.

The company remains well capitalized, Mr. Armstrong said, "and crypto isn't going anywhere."

"Over the last decade, Coinbase has made it through multiple bear markets using this process," he said. "This is the first time we've seen a crypto cycle coincide with a broader economic downturn, but otherwise it is similar."...

https://ih.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/89947431/coinbase-to-lay-off-more-workers-in-second-round-o

[hunterj20]

Well that was close to 25% gain. I sold some 7 cents from the 42.40 top lol

[hunterj20]

Bought in Friday and avg'd up this morning at 36.85

[J3 OFFICIAL]

Magnetics just saw your message yeah this is dirt cheap and only the beginning sure it was over 250 a share until economic events and other crap dropped the price but come on as long as this company stays going it WILL b well above its all time highs in the months years to come Trust the process