Got in late in 2021 and missed most of the first run, but have held and added regularly since then. I'm loaded now and ready this time. GLTA!

Really liking my adds at .005 and .0068 last week. GLTA!

THE BLOCK article May 10,2024: Franklin Templeton claims Coinbase-incubated Ethereum Layer 2 Base has 'hit a homerun' in SocialFi by James Hunt

"The combination of Base-based applications and direct integration with Coinbase’s users means the network is well positioned to capture a “material share” of SocialFi activity and remain a leader in the Ethereum Layer 2 sector, Franklin Templeton added."

"Base currently dominates its rivals in terms of revenue and transactions, according to The Block’s data dashboard. Base generated more than 60% ($355,000) of total Layer 2 revenue ($583,000) on Thursday."

"Built on Optimism’s OP Stack, Base’s 2.5 million seven-day moving average daily transaction count is nearly five times higher than Optimism itself and one million more than the other main optimistic rollup, Arbitrum, as of yesterday."


https://www.theblock.co/post/293713/coinbase-ethereum-layer-2-base-socialfi-franklin-templeton

COINTELEGRAPH article dated 5/9/2024: Coinbase sees infinite interoperability potential with Ethereum and USDC by Derek Andersen


Coinbase is preparing for a future of a billion customers using decentralized applications on millions of blockchains safely and securely in a system integrating the Ethereum Virtual Machine (EVM) and Circle’s USD Coin.
.
Coinbase head of tokenization Anthony Bassili, speaking at TokenizeThis 2024 in Miami, said Coinbase’s Ethereum layer-2 Base blockchain will save time on Know Your Customer (KYC) and Anti-Money Laundering (AML) with identity attestation through the Ethereum Attestation service and Coinbase verification, which creates a tag on the user’s so-called smart wallet.


https://cointelegraph.com/news/coinbase-base-blockchain-evm-usdc-ethereum-integration

The Motley Fool Article 5/9/2024: Better Crypto Stock: Coinbase Global vs. MicroStrategy by Leo Sun

The obvious winner: Coinbase

" Coinbase will remain a linchpin and bellwether of the growing cryptocurrency market, while MicroStrategy is simply a slow-growth software company that is betting the farm on Bitcoin. Coinbase is also growing faster and trades at lower valuations than MicroStrategy. Both stocks might continue to rise as the crypto market recovers, but Coinbase is clearly a more promising long-term investment than MicroStrategy right now."


https://www.fool.com/investing/2024/05/09/better-crypto-stock-coinbase-global-microstrategy/

Looks like I was 24 hrs. too soon. Holding LONG. GLTA!

Article: Coinbase benefitting from hostile regulatory environment: Bitwise by RT Watson, May 6,2024

" In the wake of the Securities and Exchange Commission issuing Robinhood Crypto a Wells Notice, Bitwise CIO Matt Hougan took to X to argue that a "hostile regulatory environment" is benefitting Coinbase, the top cryptocurrency exchange in the U.S.'The hostile regulatory environment is creating an artificial 'moat' for Coinbase's business, helping sustain extremely high margins and allowing them to over-earn in the short-term,' Hougan said in a post."

"Hougan also argued that Coinbase's ability earn solid returns in turn helping them to raise money and further their business interests.'What's impressive is that they are using this opportunity to both raise cash (now $7.1 billion) and massively diversified their business (see the growth in USDC, Base, int'l futures)' he said."


https://www.theblock.co/post/292657/coinbase-benefitting-from-hostile-regulatory-environment-bitwise

Added a little at 0068. Don't want to be chasing in the pennies. GLTA!

Finished filling my COIN position today. Decided not to wait for another pull back. Too much going on in the crypto sector. GLTA!

Ready to top off my COIN holdings with the next dip and then sit back and watch. GLTA!

COINTELEGRAPH Article by Amaka Nwaokocha: " Coinbase faces new lawsuit over alleged investor deception."

" Coinbase crypto exchange and its CEO, Brian Armstrong, face a new class-action lawsuit alleging investors were deceived into buying securities and claims the company’s business model is illegal."

" This new lawsuit is distinct from Coinbase’s highly publicized legal battle with the U.S. Securities and Exchange Commission, which also questions whether tokens sold on Coinbase should be classified as securities. Coinbase has recently filed an interlocutory appeal in response to a judge’s decision allowing the case to proceed."

https://cointelegraph.com/news/coinbase-faces-new-lawsuit-over-alleged-investor-deception

A Very Good Read: COINTELEGRAPH Article by Violeta Todorova dated 5/3/2024 Coinbase's Base could make it the NVIDIA of DeFia

" Since the upgrade, Base has consistently processed more than 3 million transactions daily, substantially lifting its fee revenue. If this pace is sustained, Base could become a big growth driver for Coinbase. Since the Dencun upgrade, the fees that Base has earned have surpassed the other major Ethereum scaling networks."

" Coinbase is the custodian for eight of the 11 new Bitcoin ETFs launched on Jan. 10. These ETFs have reached close to $60 billion in assets under management in the first quarter of 2024. Coinbase charges a fee for assets under custody, which are a few basis-points on the assets under custody."

"As the assets under management in these ETFs increase, Coinbase custodian fees would rise too. Coinbase custodian fee revenue was $19.7 million in Q4’23. After the launch of the Bitcoin ETFs in mid-January, Coinbase revenue from custody fees rose 90% to $32.3 million."

"Overall, there is still huge potential for cryptos to grow thanks to the United States' 11 Bitcoin ETFs. Likewise, six Bitcoin and Ethereum ETFs launched in Hong Kong in April, and the Australian Securities Exchange may also approve its first Bitcoin ETFs before 2025.

These factors are likely to offer consistent support for crypto in the long run, which will be beneficial for Coinbase transaction and non-transaction revenue. While declining crypto prices are likely to weigh on Coinbase’s share price in the short-term, Coinbase’s diversification of revenue drivers is likely to lead to higher share prices in the long-term."

https://cointelegraph.com/news/coinbase-base-could-become-nvidia-defi

Absolutely!

Liking the .005s I added yesterday.

ZACKS 5/01/2024 Article; Should You Add Coinbase ( COIN ) to Your Portfolio Before Q1 Earnings?

" COIN is set to report first-quarter 2024 earnings on May 2, after market close. The Zacks Consensus Estimate for first-quarter earnings per share is pegged at 89 cents on revenues of $1.2 billion. The top- and bottom-line estimates imply year-over-year improvements of 493.3% and 55.5%, respectively."

"Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings. At present, Coinbase has an Earnings ESP of +36.53% and a Zacks Rank of 1. Hence, it is presumed that Coinbase is likely to beat estimates this earnings season."


https://www.zacks.com/stock/news/2266338/should-you-add-coinbase-coin-to-your-kitty-before-q1-earnings

Very nice looking record. Congrats!

I like the way you think. If Jackie Gleason, amongst others, can make it big several times in his life why not others. lol GLTA!

Benzinga article by Caden Pok 5/01/2024

Who Holds The Most Ethereum (ETH)? How Coinbase, Grayscale, Robinhood And Binance Stack Up

" Coinbase, one of the largest crypto companies in the world, operates a centralized exchange, wallet service and a layer-2 called Base. Coinbase's portfolio is worth nearly $80 billion. The wallet is composed almost entirely of Ethereum (ETH) and Bitcoin (BTC). The firm holds over 900,000 BTC, currently worth over $55 billion. It also holds over 6.6 million ETH worth roughly $20 billion."

" Coinbase has the largest ETH holding on the list. Its $20 billion of ETH is more than 5% of the total supply. The four firms hold a combined 15.5 million ETH, which is roughly 12.7% of the supply."


https://finance.yahoo.com/news/holds-most-ethereum-eth-coinbase-163811131.html

Not Mine.

Took advantage of the dip and added at .005. GLTA!

Today's FORBES DIGITAL ASSETS Article by Javier Bastardo, Contributor,

" Coinbase, the largest crypto exchange in the United States, just added support to the Lightning Network, a payments and routing solution that makes transacting in bitcoin cheaper and faster. Despite being around since 2017, Coinbase took the time to add this improvement to its platform. The new technology addition is powered by Lightspark, a Lightning Network company founded by David Marcus.


"https://www.forbes.com/sites/digital-assets/2024/04/30/coinbase-now-offers-cheaper-and-faster-bitcoin-via-lightning-network/?sh=2568140f3790

Today's ZACKS article:

" Wall Street analysts expect Coinbase Global, Inc. (COIN) to post quarterly earnings of $0.89 per share in its upcoming report, which indicates a year-over-year increase of 493.3%. Revenues are expected to be $1.2 billion, up 55.5% from the year-ago quarter."

" Shares of Coinbase Global have experienced a change of -10.9% in the past month compared to the -2% move of the Zacks S&P 500 composite. With a Zacks Rank #1 (Strong Buy), COIN is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy)"



https://finance.yahoo.com/news/curious-coinbase-global-coin-q1-131601953.html

Yea, lack of volume makes it impossible to exit this POS. Dead money! Could have used it to add to my COIN holdings.

Not a bad idea to own both ( as I do ) especially recently.
BTW, appreciate your postings. GLTA!

Thank you for that posting.

Zacks Equity Research 4/25/2024: Zacks Ranks COIN #1 ( STRONG BUY )

" The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 45.37% higher. Currently, Coinbase Global, Inc. is carrying a Zacks Rank of #1 (Strong Buy)."


https://finance.yahoo.com/news/coinbase-global-inc-coin-stock-214518173.html

Article by Gamza Khanzadaev: Dogecoin ( DOGE ) Listing on Coinbase ( COIN ) likely.

" The long-awaited listing of futures for the popular meme cryptocurrency Dogecoin (DOGE) on leading U.S. exchange Coinbase appears increasingly likely, as mysterious transfers totaling nearly 557 million DOGE, equivalent to $68.7 million, were detected earlier today by Whale Alert. The transfers, originating from previously inactive wallets "DFBx6" and "DCTpB," signal potential developments in the near future."

Read more on U.Today https://u.today/dogecoin-doge-listing-on-coinbase-might-be-imminent-as-these-mysterious-transfers-hint

Your efforts are appreciated, but ' nickypicky ' isn't interested in the facts which why I have him on IGNORE!

Yes, Barron's had an article today by Paul LaMonica discussing Fund ownership of Coinbase and the reasons why.

Today's Article: " Coinbase’s earnings will “blow out estimates.”

" Researcher for crypto research company Messari, Kunal Goel, explained that over the last three quarters, his Coinbase revenue estimates “have handily beaten consensus analyst estimates.”

“I estimate Coinbase will generate a whopping $1.5 billion in net revenue for Q1 2024 growing by 65% for the quarter. My estimate is much higher than consensus estimate of $1.2 billion for gross revenue,” he explained in a recent X post. "

https://cointelegraph.com/news/crypto-exchange-coinbase-wall-street-traders-earnings-report

Today's article by Soumya Eswaran " Should You Hold Coinbase Global ( COIN )?

" Patient Capital Opportunity Equity Strategy stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its first quarter 2024 investor letter:

'This quarter we benefited from our exposure in the cryptocurrency space. The approval of 11 new spot Bitcoin ETFs dramatically opened Bitcoin to new investors for the first time. Investors’ interest was material, with assets under management growing to $55B over a single quarter. Coinbase Global, Inc. (NASDAQ:COIN) was a beneficiary of these events as we believe it is building the foundation of the crypto-ecosystem. We continue to believe COIN has the potential to be the platform for crypto as it has continued to widen its moat by investing throughout the most recent crypto winter.' "

https://finance.yahoo.com/news/hold-coinbase-global-coin-065338674.html

From today's Article by Jose Lanz on Decrypy

Further revenues from trading to be expected.

"The price surge comes after Coinbase International, the global branch of the largest U.S. crypto exchange, announced the listing of PEPE perpetual contracts. This move is significant as it adds liquidity and increases the asset's exposure."

"The opening of Coinbase's 1000PEPE-PERP market was originally planned for April 18, but was delayed for technical reasons. Trading will now begin on Tuesday, April 23.

And of course, such an event was met with enthusiasm—and memes—all over Crypto Twitter. Coinbase also announced perpetual futures around Dogwifhat (WIF), a leading Solana meme coin, with trading set to begin on April 25."

https://decrypt.co/227538/ethereum-meme-coin-pepe-surges-16-percent-coinbase-futures

IMO, it looks like they're blocking any run and holding down the pps prior to earnings report next Thursday. Time will tell if I am correct. GLTA!

The Motley Fool Article by Jon Quast – Apr 22, 2024 at 4:37AM
Key Points:
- Coinbase generates revenue from a stablecoin, and adoption levels for this coin have been rising during the last four months.
- Transactions on the company's platform are also surging, which could contribute to a blowout quarter next month.
https://www.fool.com/investing/2024/04/22/heres-the-good-news-for-coinbase-stock-that-nobody/

Article: Crypto analyst Will Clemente believes Coinbase is “the biggest kind of venture style bet in public markets” since Tesla.
https://cointelegraph.com/news/coinbase-coin-stock-price-plummets-undervalued-base-ethereum-layer-2-blockchain

" Current State and Date of Incorporation or Registration: Nevada – September 30, 20025 "

Apparently, Sellers can't even fill out simple forms without making mistakes.

Article: Coinbase's SMART WALLET will DISRUPT the Financial Sector
https://www.thestreet.com/crypto/innovation/coinbases-smart-wallet-will-disrupt-the-financial-sector

nickypicky = IGNORE

Missed today's cellar, but was able to add at $210.00. GLTA!

Your needle seems to be stuck. Time to try another vinyl.
BTW, I'll be adding again at this level.
GLTA!