Coinbase

Coinbase shares climbed about 7% in morning trading to $187.11, driven by optimism around the Digital Asset Market Clarity Act. CEO Brian Armstrong expressed confidence that the bill could pass the Senate in September, which would create clear federal rules for digital assets. Cantor Fitzgerald raised its price target for COIN to $212 and maintained an "Overweight" rating, and the appointment of Anthony Armstrong to the board improved governance perceptions. A recovering Bitcoin market and inflows into crypto ETFs provided additional momentum for the rally. » Plus sur de.investing.com

Coinbase has begun offering regulated crypto derivatives to eligible Canadian traders through Coinbase Financial Markets, including 23 futures on assets such as Bitcoin, Ether and Solana, five commodity futures (gold, silver, oil) and index futures including COIN50. Contracts include nano-sized products and allow long or short positions with up to 10x leverage; Coinbase warned leveraged trades can exceed initial investment. The rollout includes promotional pricing (0.02% per trade plus $0.11 per contract for a limited time) and coincides with an expanded Webull partnership in Canada. » Plus sur finance.yahoo.com

A $100 investment in Coinbase on September 2, 2021 would be worth only $65.93 today (0.373 shares), a loss of 34.07% based on the closing price of $176.82. Coinbase most recently reached a market capitalization of $49.76 billion. The stock was first traded on April 14, 2021; the initial price was $381.00. Note: calculation does not take stock splits or dividends into account. » Plus sur finanzen.net