Ark Invest CEO CathieDWood said she remains “very positive” on Coinbase, lauding Ripple’s partial victory over the SEC as a huge win for digital asset exchanges.
in June, the share price never fell to new lows, suggesting a robustness in the value of Coinbase stock.impressive rally, selling 135,152 Coinbase shares, worth $12 million at the time.Coinbase began 2023 trading at just $33.60 a share. At the time of publication shares of COIN have surged more than 184% since then to reach a price of $105.55 according to data from TradingView.
In a July 17 investment note seen by Cointelegraph lead analyst Mark Palmer said that Coinbase Earn — a financial product that offers yield on crypto staking — appears “particularly vulnerable” to being defined as a security in light of the comments made by Judge Torres in her ruling on the Ripple case.
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