Monthly Archives: October 2024

Coinbase third-quarter net revenue missed estimates. Institutional interest in the stock is growing as it becomes a more important component of various equity indices, JMP said. The U.S. presidential election is an important short-term catalyst for both Coinbase and the industry, and may lead to a more benign regulatory backdrop, the analysts said. 02:19 Spot

Bitcoin experienced profit-taking after a week of gains, dropping by up to 0.5% over 24 hours before recovering to stabilize just above $72,400. U.S. bitcoin ETFs saw significant inflows for a second day, with more than $893 million invested on Wednesday following $879 million on Tuesday. High ETF inflows indicate robust institutional interest in bitcoin

Darius Sit, QCP Capital's co-founder and chief investment officer, says BlackRock entering crypto is more important than Republican candidate Donald Trump re-taking the White House. A crypto-friendly White House would benefit the industry globally, Sit said. 02:19 Spot Bitcoin ETFs Record $870M Inflows as BTC Tests All-Time High 02:04 Coinbase Earnings Preview; DWF Labs Dismisses