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Buying opportunity here.
And, with all that being said, in the Pinkie World there are absolutely no consequences.
I'm here and will continue to hold. GLTA!
Article: Rheos Capital Works Inc. Acquires 42,000 Shares of Coinbase Global, Inc. (NASDAQ:COIN)
"Several equities research analysts recently weighed in on the company. The Goldman Sachs Group reduced their price target on Coinbase Global from $255.00 to $215.00 and set a "neutral" rating on the stock in a research note on Thursday, July 11th. Compass Point lowered their price target on shares of Coinbase Global from $325.00 to $295.00 and set a "buy" rating for the company in a research report on Tuesday, August 6th. Canaccord Genuity Group reissued a "buy" rating and set a $280.00 price target on shares of Coinbase Global in a research report on Friday, August 2nd. Bank of America reduced their price target on shares of Coinbase Global from $263.00 to $246.00 and set a "neutral" rating for the company in a research note on Friday, August 2nd. Finally, JMP Securities reiterated a "market outperform" rating and issued a $320.00 price target on shares of Coinbase Global in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Coinbase Global has a consensus rating of "Hold" and a consensus price target of $246.44."
https://www.marketbeat.com/instant-alerts/nasdaq-coin-sec-filing-2024-10-17/
Article: Coinbase Global, Inc. (COIN): Most Promising Future Stock According to Analysts
"Consequently, based on 15 Wall Street analysts, Coinbase Global, Inc. (NASDAQ:COIN) is a strong Buy with an average price target of $258.17, implying a 53.59% change from the last price of $168.09. As of Q2 2024, the stock was held by 45 hedge funds, while Citadel Investment Group was the most dominant shareholder.
Overall COIN ranks 1st on our list of 10 Most Promising Future Stocks According to Analysts. While we acknowledge the potential of COIN as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than COIN, check out our report about the cheapest AI stock."
https://www.insidermonkey.com/blog/coinbase-global-inc-coin-most-promising-future-stock-according-to-analysts-1373538/
Article: Ripple, Coinbase Come Up With New Features After Plus Wallet's 15-Minute Token Listing
"Coinbase is launching Taproot Wallet which will support Bitcoin transactions by letting crypto users explore unique functionalities like Runes and Ordinals. This not just broadens Coinbase’s business scope it will also make way for more innovative uses within the Bitcoin ecosystem. The integration of Taproot support aligns with the growing trend of Bitcoin's use beyond simple transactions. According to data from Dune Analytics, as of October 2024, over 50 million Ordinals have been inscribed on the Bitcoin blockchain, indicating significant user interest in these new functionalities. Plus Wallet's 15-minute token listing feature along with the Coinbase Taproot Wallet and Ripple Custody collectively shows how the cryptocurrency market is changing as innovation, efficiency and speed take centre stage, making it more user-centric."
https://coinmarketcap.com/community/articles/670fb66c05c5012cef4efb0e/
Today's Article: Coinbase (COIN) Shares Surge by Nearly 18% Over Two Days by Gary Thomson, Chief Operating Officer FXOpen UK
"TipRanks analysts project an average price target of $258 for COIN over the next 12 months, with 7 out of 15 analysts rating the stock as a buy.
According to TipRanks, analysts project JPMorgan’s average price target to reach $228 within the next 12 months."
https://financefeeds.com/coinbase-coin-shares-surge-by-nearly-18-over-two-days/
Approaching $200.00 today, so I'll go with your $250.00 post earnings estimate. GLTA!
" Bullish option flow detected in Coinbase with 77,341 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 84.26%. 10/11 weekly 175 calls and 10/11 weekly 170 calls are the most active options, with total volume in those strikes near 15,900 contracts. The Put/Call Ratio is 0.35. Earnings are expected on October 30th."
https://www.tipranks.com/news/the-fly/coinbase-call-volume-above-normal-and-directionally-bullish-13
Hey, are we rich yet???
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