Bitcoin at $43K& Targets $50K: $MARA, $RIOT or $COIN?
BTC-USD has reached 43K, and the market expects it to reach $50,000 in December.Read more: Technical Analysis: Bitcoin price eyes $50,000 target for week 3 of DecemberIf there is no direct transaction on the blockchain, some stocks may be worth paying attention to for you, such as: $Coinbase Global, Inc.(COIN)$ , $Marathon Digital Holdings Inc(MARA)$ , $Riot Blockchain, Inc.(RIOT)$ .The following is a comparison of some fundamental information. Hope the data will help you get more clear idea.Fundamental Comparison:Marketcap:$Riot Blockchain, Inc.(RIOT)$ ($3.073B)< $Marathon Digit
Despite the overall volatility in the cryptocurrency market during Q2, $Coinbase Global, Inc.(COIN)$ reported better Q2 earnings results , crypto market fluctuations and regulatory uncertainties wasn't as significant as anticipated. The company's overall performance, including both losses and revenue, outperformed expectations.Q2 ReviewTrading volume declined from $145 billion in Q1 to $92 billion, also lower than last year's Q2 volume of $217 billion. Revenue reached $708 million, surpassing the market's expected $638 million, though it decreased by 12% compared to the previous quarter's $736 million. Trading revenue dropped from $374.7 million in the previous quarter to $327.1 million but still fared better than the expected $285 million. This d
Will Coinbase be a better choice in the crypto's surge?
$Coinbase Global, Inc.(COIN)$ has shown strong performance recently. After several asset management institutions, including $BlackRock(BLK)$ , had their applications for a Bitcoin spot ETF rejected by the SEC, Nasdaq resubmitted its 19b-4 form and announced that it had reached an agreement with Coinbase, the largest cryptocurrency exchange in the United States, to jointly sign a monitoring sharing agreement. In addition to BlackRock, other companies such as $Invesco(IVZ)$$WisdomTree Investments(WT)$ , Cathie Wood's Ark Funds, Bitwise Asset Management, $ARK Innovation ETF(ARKK)$ and
Why are the SEC's charges against Coinbase and Binance so significant?
After the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against the world's largest cryptocurrency exchange, Binance, for violating U.S. securities regulations, the stock prices of $Coinbase Global, Inc.(COIN)$ dropped by 9.1%, and $MicroStrategy(MSTR)$ by 8.5%. Bitcoin (BTC-USD) also experienced a loss of 5.8% in Monday's trading.The SEC alleges that Binance and its CEO, Changpeng Zhao(CZ), mishandled customer funds and secretly funneled them into a separate entity controlled by Zhao. As the cryptocurrency industry continues to grow, regulatory bodies are increasingly focused on ensuring compliance with securities and trading laws. This puts pressure on the entire cryptocurrency sector, p