Previous close | 213.78 |
Open | 215.79 |
Bid | 218.01 x 100 |
Ask | 218.23 x 100 |
Day's range | 213.25 - 228.03 |
52-week range | 46.43 - 283.48 |
Volume | |
Avg. volume | 13,247,990 |
Market cap | 52.835B |
Beta (5Y monthly) | 3.42 |
PE ratio (TTM) | 589.41 |
EPS (TTM) | 0.37 |
Earnings date | 02 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 0.40 |
Bitcoin's (BTC-USD) halving event is expected to take place this weekend, either Friday, April 19 or Saturday, April 20. Commonly referred to as "the halvening," the halving event operates to reduce the number of available bitcoins in circulation once every four years, directly impacting profits for sections of the crypto landscape such as major bitcoin miners. Mizuho Securities Managing Director Dan Dolev joins the Morning Brief to discuss what the halving could mean for the price of bitcoin, altcoins, and trading activity on crypto exchanges like Coinbase (COIN). "The publicity that the halvening has right now is multiples of what it was in the last cycle, and definitely like two cycles ago," Dolev tells Yahoo Finance. "The bitcoin was already fully pricing in its kind of sell-the-news event at this point... Once the event actually happens, there's going to be a running for the exit..." Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Hims & Hers Health, Coinbase Global have been highlighted in this Investment Ideas article.
REMOTE FIRST COMPANY // MIAMI, April 18, 2024--Coinbase Global, Inc. (the "Company" or "Coinbase") announced today that it will publish its first quarter 2024 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, May 2, 2024, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day.