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Another month ending and another 100k coming for Sellers.
Need some volume here and she'll be ready to run. GLTA!
A possible leak of 2Q financials???
Nice to get some action here. Has HMLA turned the corner? Lets see what tomorrow brings. GLTA!
COINTELEGRAPH Article: US gov't $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold - Analyst
by Zoltan Vardai, August 15, 2024
Despite the initial concerns, the Bitcoin is unlikely to be sold, according to Ryan Lee, chief analyst at Bitget Research. Lee told Cointelegraph:
“This does not mean that 10,000 Bitcoin have already been sold. Last month, the US Marshals Service, an agency under the US Department of Justice, announced a partnership with Coinbase Prime to ‘safeguard and trade’ large digital assets.”
"August’s agreement between Coinbase and the US Department of Justice (DOJ) could signal an intention to trade large market cap cryptocurrencies like Bitcoin.
However, the government may have simply transferred the assets for safe custody, not active trading, explained Lee:"
“After all, Coinbase is the primary custodian for US ETFs, and it is a possibility that the US government entrusted the BTC to Coinbase for safekeeping.”
BOTTOM LINE: Coinbase is perceived by the US Government as the most secure trading platform for cryptocurrency.
https://cointelegraph.com/news/us-government-bitcoin-transfer-coinbase-600m
crypto.news article: Hawaii opens to Coinbase following regulatory clarity by Micah Zimmerman August 13, 2024
" Hawaii residents can now buy, sell, and manage crypto through Coinbase’s platform, gaining access to a wide range of digital assets and services, including recurring buys, price tracking, and international asset transfers."
https://crypto.news/hawaii-opens-to-coinbase-following-regulatory-clarity/
Video: This Is the Coinbase Growth That Really Matters by Travis Holum August 8, 2024
Informative 9 minute video on The Motley Fool
https://www.fool.com/investing/2024/08/08/this-is-the-coinbase-growth-that-really-matters/?source=iedfolrf0000001
COINTELEGRAPH Article, August 5, 2024: Cathie Wood's ARK resumes Coinbase buying as BTC drops below $50K by Helen Partz
" Update Aug. 6, 11:40 am UTC: The article has been updated to reflect the correct number of shares bought by ARK Invest on Aug. 5.
Cathie Wood’s investment firm ARK Invest is back to buying the Coinbase stock amid a major market sell-off, with Bitcoin briefly dropping below $50,000.
On Aug. 5, ARK purchased 93,797 Coinbase shares, resuming buying after a long period of dumping the stock in 2024.
The purchase cost $17.8 million, with Coinbase stock closing at $189.50 on Aug. 6, according to data from TradingView. "
https://cointelegraph.com/news/ark-buy-coinbase-bitcoin-below-50k
BENZINGA Article, August 6, 2024: What Analysts Are Saying About Coinbase Glb Stock by Benzinga Insights, Benzinga Staff Writer
" In the assessment of 12-month price targets, analysts unveil insights for Coinbase Glb, presenting an average target of $265.0, a high estimate of $345.00, and a low estimate of $196.00. Observing a 2.4% increase, the current average has risen from the previous average price target of $258.79. "
https://www.benzinga.com/insights/analyst-ratings/24/08/40191413/what-analysts-are-saying-about-coinbase-glb-stock
Hold on fellow COIN investors it's going to be a rather tough day!
Yea, I had a bilateral hernia surgery done a few years ago. Worst part was the 50 minute drive home in my wife's Jeep. She didn't miss a pot hole and laughed every time. Pay back is truly a bitch! Get well soon, my friend!
Looking good, Sellers!
Yes, I was wrong and glad of it. Still holding all my shares although I admit I did consider letting some go over the last few days. Possibly, the 2nd Quarterly report will attract new investors and sellers will re-enter at these levels. Lets see what tomorrow brings. GLTA!
Unfortunately, recent performance here doesn't bode well for today's Second Quarter financial results. Hope that my assessment is wrong. No matter, since I am HOLDING LONG. GLTA!
Need greater volume to hold like in the old days. Maybe we'll get that after Friday's reveal. GLTA!
My mistake, second quarter results will be released after Markets close tomorrow, August 1st. GLTA!
The last few days have seen a fair amount of selling prior to tomorrow's report. Usually not a good sign. Time will tell. Holding for the LONG term. GLTA!
Citi upgrades COINBASE stock amid improving regulatory environment
"Citi analysts upgraded shares of Coinbase (NASDAQ:COIN) to a Buy/High Risk on Tuesday in a move driven by changes in the U.S. political and legal environment that could positively affect the company's regulatory risks."
https://in.investing.com/news/stock-market-news/citi-upgrades-coinbase-stock-amid-improving-regulatory-environment-432SI-4327824
Not completely correct. Like Midwestrader has pointed out, JADA pays Sellers $100K monthly.
COINTELEGRAPH Article: Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance.
by Amaka Nwaokocha July 21, 2024
" The transfer to Coinbase Prime is a strategic step for Arkham, aligning with the company’s commitment to regulatory adherence and robust security measures. Using Coinbase Prime’s custody services, Arkham ensures that the tokens are managed under stringent security protocols, offering peace of mind to investors and stakeholders."
"Law enforcement agencies have also utilized the services of Coinbase, a US-based crypto exchange, to securely store or dispose of cryptocurrencies confiscated in connection with criminal investigations."
"According to official documents, the U.S. Marshals Service has entrusted Coinbase Prime with the responsibility of handling assets associated with the dissolved FTX cryptocurrency exchange and the infamous Silk Road platform. The company received a contract valued at over $32 million."
https://cointelegraph.com/news/arkham-transfers-304-million-arkm-coinbase-prime-custody
Business Insider Personal Finance Article: Coinbase Review 2024: In-Depth Look at the Popular Crypto Exchange by Tessa Campbell edited by Libby Kane; reviewed by Elias Shaya July 20, 2024.
I found this article to be a fairly objective description and analysis of Coinbase and worth the read.
https://www.businessinsider.com/personal-finance/investing/coinbase-investing-review
Impressive 10%+ move today! Enjoy the weekend. GLTA!
Added some at .0006. GLTA!
Yahoo/Finance article Coinbase jumps: 'A lot more upside' ahead, analyst says by Madison Mills
July 15, 2024
Bitcoin (BTC-USD) jumped above $62,000 after the assassination attempt on former President Donald Trump, with crypto-adjacent stock Coinbase (COIN) also rising about 5% in response.
Citizens JMP Managing Director & Director of Financial Technology Research Devin Ryan joins Morning Brief to give insight into this movement in crypto and let investors know what to keep in mind.
Ryan says he thinks "there's a lot more upside" ahead, adding "It's really kind of 'what's your time horizon?' We're still in the early innings of this entire space. And so, firms like Coinbase, in our opinion, they're going to benefit from the exchange function, trading of various cryptocurrencies. But really, the adjacent businesses where they are building the infrastructure for being a player in remittance and payments and Web3. They have their own blockchain called Base."
https://finance.yahoo.com/video/coinbase-jumps-lot-more-upside-142957744.html
lol... Apparently it did...From E*Trade....
HMLAHIMALAYA TECHNOLOGIES INC COM NEW
$0.0009+0.0002 (+28.57%)
At close: Jul 12, 2024, 5:00 PM ET
Extended hours
$0.001+0.0001 (+11.11%)
Bid x Size
$0.0008 x --
Ask x Size
$0.0009 x --
After hours: Jul 12, 2024, 5:00 PM ET
After hours .001.
So, Sellers finally got around to filing the Annual List on 7/09/2024. That is the " Big News."
Read the thread here more closely as well as the financials the information is there.
???? Where have you been? Sellers is the name of the current owner of JADA.
Sellers will run this shell even further into the ground until he's owed so much " consulting " fees that it will be even less attractive to potential interested buyers. Sellers' ego and greed will both contribute to his and shareholder eventual failure here. IMO
Wrong board. I think this message belongs on the HMLA thread.
Zacks Continues Strong Buy Rating on Coinbase.
"COIN's efforts to accelerate growth in the crypto market, increase market share in spot trading on consumer and institutional trading platforms and improve trading experience along with continued innovation and cost control initiatives make this Zacks Rank #1 (Strong Buy) stock a strong contender for addition to one’s portfolio."
https://finance.yahoo.com/news/coinbase-coin-buy-u-government-173800184.html
Sellers sucks, this is for sure. However, your vendettta toward him is pathological. Seek help before it further consumes you. Back on IGNORE.
Just added at .0018 and increased my position here by over 50%. Thanks! GLTA!
Article 6/26/2024 ,,, Zacks Industry Outlook Highlights....
" Coinbase Global: Wilmington, DE-based Coinbase, sporting a Zacks Rank #1, provides financial infrastructure and technology for the crypto economy in the United States and internationally. Coinbase Global is likely to gain from increased adoption of a greater number of crypto assets, higher volatility and a rise in interest across the entire crypto economy. An increase in both the average crypto asset prices and total crypto spot market volumes will drive the overall trading volume of COIN.
The Zacks Consensus Estimate for the company’s 2024 EPS indicates a rise of 1,840.5% from the year-ago reported figure. The Zacks Consensus Estimate for 2025 EPS has moved 0.9% north in the past 30 days. The company came up with a four-quarter average surprise of 364.6%."
https://finance.yahoo.com/news/zacks-industry-outlook-highlights-intercontinental-091800755.html
Yep, E*Trade does the same with my transfers, but from checking accounts, too. No wait and no problem.
Nice way to end the week here. GLTA!
mfaphoto, you're not alone, I'm 75 also. Have a very comfortable life, but just lost my wife of 54yrs. to ALS. Looking for my one million + NSAV shares to make my two daughters and their families lives easier. That would be a wonderful thing. GLTA!
Holding several issues involved with the crypto movement I find a strong stomach is required. The intra day swings by COIN are proof of that. Just look at today's COIN graph. GLTA!
The Motley Fool article Jun 15,2024; 3 Reasons Coinbase Is a Star in the Making by RJ Fulton
1. Resilience during the crypto winter
2. Positioned in a rapidly growing industry
3. Diverse and innovative product offerings
https://finance.yahoo.com/news/3-reasons-coinbase-star-making-100000743.html