Why Coinbase, Cardano, and Solana Are Rising Today
Most cryptocurrencies and crypto-related stocks zoomed higher today after crypto proponents claimed victory in a closely watched lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the creator of XRP (CRYPTO: XRP).
Shares of the large U.S.-based crypto exchange (NASDAQ: COIN) traded nearly 18% higher as of 2:52 p.m. ET today. Meanwhile, since late afternoon yesterday, the prices of cryptocurrencies Cardano (CRYPTO: ADA) and Solana (CRYPTO: SOL) were up roughly 22% and 16.5%, respectively.
The big news for the crypto industry is that today a U.S. district court judge made a big ruling in the lawsuit between the SEC and Ripple, which is expected to have major ramifications for the entire crypto industry.
Source Fool.com
Coinbase Global Inc. Stock
Currently there is a rather positive sentiment for Coinbase Global Inc. with 67 Buy predictions and 12 Sell predictions.
With a target price of 226 € there is a hugely positive potential of 70.08% for Coinbase Global Inc. compared to the current price of 132.88 €.
