Geopolitics Alpha

Coinbase Earnings: Sequential Improvement, but Weak Cryptocurrency Trading Volume Still an Issue

Published . Updated .

GEOPOLITICS ALPHACoinbase Earnings: SequentialImprovement, but WeakCryptocurrency Trading Volume…COINGEOPOLITICS ALPHA

This report is about crypto.

Directly affected

  • COIN Coinbase Global-17.3% 30d

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-0.7% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “cryptocurrency” (crypto) in this story.

  • MSTR Strategy+9.2% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.

  • MARA MARA Holdings-9.9% 8d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.

  • RIOT Riot Platforms-42.2% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.

  • ABTC American Bitcoin-9.1% 30d

    American Bitcoin (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
COIN+2.28%+0.17%base-12.48%after closeafter closeafter close
IBIT+0.53%-0.04%base-4.51%after closeafter closeafter close
MSTR+3.14%-0.18%base-5.90%after closeafter closeafter close
MARA-1.96%-1.05%base-6.01%after closeafter closeafter close
RIOT-8.75%-1.24%base-8.09%after closeafter closeafter close
ABTCNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Coinbase Earnings: Sequential Improvement, but Weak Cryptocurrency Trading Volume Still an Issue Morningstar

Source: Morningstar

This story

CompanyWhenMoveStatus
COINthat day-12.48%still updating
COINthree days earlier+0.17%final price
COINfive days earlier+2.28%final price
IBITthat day-4.51%still updating
IBITthree days earlier-0.04%final price
IBITfive days earlier+0.53%final price
MARAthat day-6.01%still updating
MARAthree days earlier-1.05%final price
MARAfive days earlier-1.96%final price
MSTRthat day-5.90%still updating
MSTRthree days earlier-0.18%final price
MSTRfive days earlier+3.14%final price
RIOTthat day-8.09%still updating
RIOTthree days earlier-1.24%final price
RIOTfive days earlier-8.75%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100Price not final

“Coinbase Earnings: Sequential Improvement, but Weak Cryptocurrency Trading Volume Still an Issue” scores 12 out of 100. The score uses 1 sources. The price is not final yet.