Why Is Coinbase (COIN) Stock Up 14% Today?

InvestorPlace2022-07-21

Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....

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Comments

快乐快了
2022-07-21
快乐快了
👌
trojan1337
2022-07-21
trojan1337
Like
T202311701
2022-07-21
T202311701
Zzzz
JQ Black
2022-07-21
JQ Black
Like
runningjames
2022-07-21
runningjames
think back its gone up frpm 49 till 79, what a big rise. Not convincing to me, as i short sell when its reached 19% and buy back at 10.5%. Cheers! See more downside than upside as up people sell dowm people buy. Base on this theory currently. Beware!
Joshua_sg
2022-07-21
Joshua_sg
Like pls tks

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The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. 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The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.</p><p>This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.</p><p>Indeed, on July 14, crypto lender <b>Celsius Network</b> filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender <b>Voyager Digital</b> filed for bankruptcy earlier this month. Meanwhile, Singapore-based <b>Three Arrows Capital</b>, a crypto hedge fund, was ordered to liquidate in late June.</p><p>As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.</p><blockquote>“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”</blockquote><h2>COIN Stock Soars as Crypto Enjoys Long-Awaited Boom</h2><p>Coinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.</p><p>Cryptos are largely in the green today, bolstered in no small part by flagship digital currency <b>Bitcoin</b> (<b><u>BTC-USD</u></b>). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.</p><p>Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric <b>Nasdaq Composite</b> is up about 1% heading into the afternoon.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Coinbase (COIN) Stock Up 14% Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Coinbase (COIN) Stock Up 14% Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....</p>\n\n<a href=\"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253637647","content_text":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.Cryptos are up seemingly across the board today, with Bitcoin (BTC-USD) touching its highest level in over a month.Coinbase (NASDSAQ:COIN) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.Cryptos are largely in the green today, bolstered in no small part by flagship digital currency Bitcoin (BTC-USD). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric Nasdaq Composite is up about 1% heading into the afternoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074537781,"gmtCreate":1658370898343,"gmtModify":1676536149266,"author":{"id":"3574916293171379","authorId":"3574916293171379","name":"trojan1337","avatar":"https://static.tigerbbs.com/943a776c7741ee5cc4d67b3592fbb000","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"idStr":"3574916293171379","authorIdStr":"3574916293171379"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074537781","repostId":2253637647,"repostType":2,"repost":{"id":"2253637647","kind":"highlight","pubTimestamp":1658369144,"share":"https://ttm.financial/m/news/2253637647?lang=&edition=fundamental","pubTime":"2022-07-21 10:05","market":"us","language":"en","title":"Why Is Coinbase (COIN) Stock Up 14% Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253637647","media":"InvestorPlace","summary":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from ","content":"<html><head></head><body><ul><li>Crypto exchange platform <b>Coinbase</b> (<b><u>COIN</u></b>) is up more than 15% today.</li><li>Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.</li><li>Cryptos are up seemingly across the board today, with <b>Bitcoin</b> (<b><u>BTC-USD</u></b>) touching its highest level in over a month.</li></ul><p><b>Coinbase</b> (NASDSAQ:<b><u>COIN</u></b>) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.</p><p>This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.</p><p>Indeed, on July 14, crypto lender <b>Celsius Network</b> filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender <b>Voyager Digital</b> filed for bankruptcy earlier this month. Meanwhile, Singapore-based <b>Three Arrows Capital</b>, a crypto hedge fund, was ordered to liquidate in late June.</p><p>As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.</p><blockquote>“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”</blockquote><h2>COIN Stock Soars as Crypto Enjoys Long-Awaited Boom</h2><p>Coinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.</p><p>Cryptos are largely in the green today, bolstered in no small part by flagship digital currency <b>Bitcoin</b> (<b><u>BTC-USD</u></b>). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.</p><p>Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric <b>Nasdaq Composite</b> is up about 1% heading into the afternoon.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Coinbase (COIN) Stock Up 14% Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Coinbase (COIN) Stock Up 14% Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....</p>\n\n<a href=\"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253637647","content_text":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.Cryptos are up seemingly across the board today, with Bitcoin (BTC-USD) touching its highest level in over a month.Coinbase (NASDSAQ:COIN) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.Cryptos are largely in the green today, bolstered in no small part by flagship digital currency Bitcoin (BTC-USD). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric Nasdaq Composite is up about 1% heading into the afternoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074535093,"gmtCreate":1658370695813,"gmtModify":1676536149210,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"4115257325505790","authorIdStr":"4115257325505790"},"htmlText":"Zzzz","listText":"Zzzz","text":"Zzzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074535093","repostId":2253637647,"repostType":4,"repost":{"id":"2253637647","kind":"highlight","pubTimestamp":1658369144,"share":"https://ttm.financial/m/news/2253637647?lang=&edition=fundamental","pubTime":"2022-07-21 10:05","market":"us","language":"en","title":"Why Is Coinbase (COIN) Stock Up 14% Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253637647","media":"InvestorPlace","summary":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from ","content":"<html><head></head><body><ul><li>Crypto exchange platform <b>Coinbase</b> (<b><u>COIN</u></b>) is up more than 15% today.</li><li>Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.</li><li>Cryptos are up seemingly across the board today, with <b>Bitcoin</b> (<b><u>BTC-USD</u></b>) touching its highest level in over a month.</li></ul><p><b>Coinbase</b> (NASDSAQ:<b><u>COIN</u></b>) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.</p><p>This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.</p><p>Indeed, on July 14, crypto lender <b>Celsius Network</b> filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender <b>Voyager Digital</b> filed for bankruptcy earlier this month. Meanwhile, Singapore-based <b>Three Arrows Capital</b>, a crypto hedge fund, was ordered to liquidate in late June.</p><p>As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.</p><blockquote>“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”</blockquote><h2>COIN Stock Soars as Crypto Enjoys Long-Awaited Boom</h2><p>Coinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.</p><p>Cryptos are largely in the green today, bolstered in no small part by flagship digital currency <b>Bitcoin</b> (<b><u>BTC-USD</u></b>). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.</p><p>Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric <b>Nasdaq Composite</b> is up about 1% heading into the afternoon.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Coinbase (COIN) Stock Up 14% Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Coinbase (COIN) Stock Up 14% Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....</p>\n\n<a href=\"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253637647","content_text":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.Cryptos are up seemingly across the board today, with Bitcoin (BTC-USD) touching its highest level in over a month.Coinbase (NASDSAQ:COIN) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.Cryptos are largely in the green today, bolstered in no small part by flagship digital currency Bitcoin (BTC-USD). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric Nasdaq Composite is up about 1% heading into the afternoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074533354,"gmtCreate":1658370349878,"gmtModify":1676536149093,"author":{"id":"4106550841750290","authorId":"4106550841750290","name":"JQ Black","avatar":"https://community-static.tradeup.com/news/bf917572d9d67de025ef7b2ec45b4c9f","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4106550841750290","authorIdStr":"4106550841750290"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074533354","repostId":2253637647,"repostType":2,"repost":{"id":"2253637647","kind":"highlight","pubTimestamp":1658369144,"share":"https://ttm.financial/m/news/2253637647?lang=&edition=fundamental","pubTime":"2022-07-21 10:05","market":"us","language":"en","title":"Why Is Coinbase (COIN) Stock Up 14% Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253637647","media":"InvestorPlace","summary":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from ","content":"<html><head></head><body><ul><li>Crypto exchange platform <b>Coinbase</b> (<b><u>COIN</u></b>) is up more than 15% today.</li><li>Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.</li><li>Cryptos are up seemingly across the board today, with <b>Bitcoin</b> (<b><u>BTC-USD</u></b>) touching its highest level in over a month.</li></ul><p><b>Coinbase</b> (NASDSAQ:<b><u>COIN</u></b>) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.</p><p>This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.</p><p>Indeed, on July 14, crypto lender <b>Celsius Network</b> filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender <b>Voyager Digital</b> filed for bankruptcy earlier this month. Meanwhile, Singapore-based <b>Three Arrows Capital</b>, a crypto hedge fund, was ordered to liquidate in late June.</p><p>As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.</p><blockquote>“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”</blockquote><h2>COIN Stock Soars as Crypto Enjoys Long-Awaited Boom</h2><p>Coinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.</p><p>Cryptos are largely in the green today, bolstered in no small part by flagship digital currency <b>Bitcoin</b> (<b><u>BTC-USD</u></b>). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.</p><p>Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric <b>Nasdaq Composite</b> is up about 1% heading into the afternoon.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Coinbase (COIN) Stock Up 14% Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Coinbase (COIN) Stock Up 14% Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....</p>\n\n<a href=\"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253637647","content_text":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.Cryptos are up seemingly across the board today, with Bitcoin (BTC-USD) touching its highest level in over a month.Coinbase (NASDSAQ:COIN) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.Cryptos are largely in the green today, bolstered in no small part by flagship digital currency Bitcoin (BTC-USD). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric Nasdaq Composite is up about 1% heading into the afternoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074530288,"gmtCreate":1658370216844,"gmtModify":1676536149078,"author":{"id":"4117336023184202","authorId":"4117336023184202","name":"runningjames","avatar":"https://community-static.tradeup.com/news/3467c93ce8ec8c583f28f405e68f0c00","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":1,"idStr":"4117336023184202","authorIdStr":"4117336023184202"},"htmlText":"think back its gone up frpm 49 till 79, what a big rise. Not convincing to me, as i short sell when its reached 19% and buy back at 10.5%. Cheers! See more downside than upside as up people sell dowm people buy. Base on this theory currently. Beware!","listText":"think back its gone up frpm 49 till 79, what a big rise. Not convincing to me, as i short sell when its reached 19% and buy back at 10.5%. Cheers! See more downside than upside as up people sell dowm people buy. Base on this theory currently. Beware!","text":"think back its gone up frpm 49 till 79, what a big rise. Not convincing to me, as i short sell when its reached 19% and buy back at 10.5%. Cheers! See more downside than upside as up people sell dowm people buy. Base on this theory currently. Beware!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074530288","repostId":2253637647,"repostType":2,"repost":{"id":"2253637647","kind":"highlight","pubTimestamp":1658369144,"share":"https://ttm.financial/m/news/2253637647?lang=&edition=fundamental","pubTime":"2022-07-21 10:05","market":"us","language":"en","title":"Why Is Coinbase (COIN) Stock Up 14% Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253637647","media":"InvestorPlace","summary":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from ","content":"<html><head></head><body><ul><li>Crypto exchange platform <b>Coinbase</b> (<b><u>COIN</u></b>) is up more than 15% today.</li><li>Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.</li><li>Cryptos are up seemingly across the board today, with <b>Bitcoin</b> (<b><u>BTC-USD</u></b>) touching its highest level in over a month.</li></ul><p><b>Coinbase</b> (NASDSAQ:<b><u>COIN</u></b>) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.</p><p>This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.</p><p>Indeed, on July 14, crypto lender <b>Celsius Network</b> filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender <b>Voyager Digital</b> filed for bankruptcy earlier this month. Meanwhile, Singapore-based <b>Three Arrows Capital</b>, a crypto hedge fund, was ordered to liquidate in late June.</p><p>As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.</p><blockquote>“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”</blockquote><h2>COIN Stock Soars as Crypto Enjoys Long-Awaited Boom</h2><p>Coinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.</p><p>Cryptos are largely in the green today, bolstered in no small part by flagship digital currency <b>Bitcoin</b> (<b><u>BTC-USD</u></b>). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.</p><p>Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric <b>Nasdaq Composite</b> is up about 1% heading into the afternoon.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Coinbase (COIN) Stock Up 14% Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Coinbase (COIN) Stock Up 14% Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....</p>\n\n<a href=\"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253637647","content_text":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.Cryptos are up seemingly across the board today, with Bitcoin (BTC-USD) touching its highest level in over a month.Coinbase (NASDSAQ:COIN) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.Cryptos are largely in the green today, bolstered in no small part by flagship digital currency Bitcoin (BTC-USD). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric Nasdaq Composite is up about 1% heading into the afternoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9074597894,"gmtCreate":1658370124718,"gmtModify":1676536149055,"author":{"id":"4101449859353790","authorId":"4101449859353790","name":"Joshua_sg","avatar":"https://static.itradeup.com/news/d3fdc7d40028e9d6c37fd90f852fcd14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4101449859353790","authorIdStr":"4101449859353790"},"htmlText":"Like pls tks","listText":"Like pls tks","text":"Like pls tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074597894","repostId":2253637647,"repostType":4,"repost":{"id":"2253637647","kind":"highlight","pubTimestamp":1658369144,"share":"https://ttm.financial/m/news/2253637647?lang=&edition=fundamental","pubTime":"2022-07-21 10:05","market":"us","language":"en","title":"Why Is Coinbase (COIN) Stock Up 14% Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253637647","media":"InvestorPlace","summary":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from ","content":"<html><head></head><body><ul><li>Crypto exchange platform <b>Coinbase</b> (<b><u>COIN</u></b>) is up more than 15% today.</li><li>Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.</li><li>Cryptos are up seemingly across the board today, with <b>Bitcoin</b> (<b><u>BTC-USD</u></b>) touching its highest level in over a month.</li></ul><p><b>Coinbase</b> (NASDSAQ:<b><u>COIN</u></b>) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.</p><p>This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.</p><p>Indeed, on July 14, crypto lender <b>Celsius Network</b> filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender <b>Voyager Digital</b> filed for bankruptcy earlier this month. Meanwhile, Singapore-based <b>Three Arrows Capital</b>, a crypto hedge fund, was ordered to liquidate in late June.</p><p>As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.</p><blockquote>“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”</blockquote><h2>COIN Stock Soars as Crypto Enjoys Long-Awaited Boom</h2><p>Coinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.</p><p>Cryptos are largely in the green today, bolstered in no small part by flagship digital currency <b>Bitcoin</b> (<b><u>BTC-USD</u></b>). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.</p><p>Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric <b>Nasdaq Composite</b> is up about 1% heading into the afternoon.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Coinbase (COIN) Stock Up 14% Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Coinbase (COIN) Stock Up 14% Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 10:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms....</p>\n\n<a href=\"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2022/07/why-is-coinbase-coin-stock-up-20-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253637647","content_text":"Crypto exchange platform Coinbase (COIN) is up more than 15% today.Coinbase may be benefitting from its announcement that it had no exposure to the recent bankruptcy filings of three crypto firms.Cryptos are up seemingly across the board today, with Bitcoin (BTC-USD) touching its highest level in over a month.Coinbase (NASDSAQ:COIN) stock is soaring today, up over 14% after disclosing it had no exposure to a number of bankrupt firms. The cryptocurrency trading platform seems to have been caught in an updraft hitting the crypto market today.This morning, the no. 2 crypto exchange by market capitalization issued a blog post revealing it wasn’t subject to losses resulting from the recent bankruptcy claims from three major crypto firms.Indeed, on July 14, crypto lender Celsius Network filed for Chapter 11 in New York. The firm, known for its high-yield savings accounts, is the third crypto firm to file for bankruptcy in just the past few months. Fellow crypto lender Voyager Digital filed for bankruptcy earlier this month. Meanwhile, Singapore-based Three Arrows Capital, a crypto hedge fund, was ordered to liquidate in late June.As such, Coinbase’s announcement this morning likely came as a breath of fresh air for COIN investors. In the blog post, Coinbase leadership iterated its focus on risk management, especially compared to the now bankrupt crypto operators.“Many of these firms were overleveraged with short term liabilities mismatched against longer duration illiquid assets. We believe these market participants were caught up in the frenzy of a crypto bull market and forgot the basics of risk management. … We have not engaged in these types of risky lending practices and instead have focused on building our financing business with prudence and deliberate focus on the client.”COIN Stock Soars as Crypto Enjoys Long-Awaited BoomCoinbase stock is enjoying its strongest day in recent memory, largely on the back of strong crypto performance. Crypto has been on a notable cold streak this year. The tech-stock pullback and recession fears haven’t boded well for digital assets. Some major coins have lost more than half their value just seven months into the year. Today, however, it seems market winds are blowing more favorably.Cryptos are largely in the green today, bolstered in no small part by flagship digital currency Bitcoin (BTC-USD). BTC-USD was trending around $24,195 per coin this morning, its highest level in more than a month. It has since receded somewhat, now hovering around $23,600. However, that is still up more than 1% on the day.Tech stocks, which have historically trended closely with crypto, are also doing well today. The tech-centric Nasdaq Composite is up about 1% heading into the afternoon.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":54,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2253637647"}