Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Is Everyone Talking About Coinbase Stock?

TheMotleyFool

0 0

Why Is Everyone Talking About Coinbase Stock?:

Coinbase (NASDAQ: COIN) has been a hot topic over the past month. The cryptocurrency exchange provider's stock rallied in mid-August after its big earnings beat, while rising prices for Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and other cryptocurrencies amplified those gains.

El Salvador's adoption of Bitcoin as one of its national currencies in early September attracted even more bulls, but the abrupt threat of a lawsuit from the Securities and Exchange Commission (SEC) ended that rally. Let's unpack all those events, and see how they impact Coinbase -- and if its stock is still a worthy investment.

Image source: Coinbase.

Source Fool.com

Like: 0

COIN

Share