Coinbase Stock Fell 5% in Premarket Trading

Tiger Newspress2022-06-27

Coinbase stock fell 5% in premarket trading.

Coinbase was cut to sell from neutral by Goldman Sachs.

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Comments

  • robot1234
    2022-06-28
    robot1234
    One of the most prominent crypto hedge funds just defaulted on a $670 million loan. Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan worth more than $670 million.Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and another 15,250 bitcoin, worth about $323 million at today’s prices. 3AC’s solvency crunch comes after weeks of turmoil in the crypto market, which has erased hundreds of billions of dollars in value. Bitcoin and ether are both trading slightly lower in the last 24 hours, though well off their all-time highs. Meanwhile, the overall crypto market cap sits at about $950 billion, down from around $3 trillion at its peak in Nov. 20
  • Tanyl
    2022-06-27
    Tanyl
    Waiting to rise again
  • DragonKC
    2022-06-27
    DragonKC
    A speculation report by Goldman to bring Coinbase down .  Let see the market reactions. 
  • runningjames
    2022-06-27
    runningjames
    Short when it's raise above 62
  • haoren
    2022-06-27
    haoren
    Oh
  • JemLIm
    2022-06-27
    JemLIm
    Dayum
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