Shares of cryptocurrency exchange$Coinbase (COIN.US)$wraps up Monday with a 5.1% decline as the world's largest digital token,$Bitcoin (BTC.CC)$, -6.3% drifts lower to $55.7K per token. Shares of COIN slightly rises 0.2% in after-hours trading. Coinbase's price outpaces Bitcoin by a wide margin since the day the company started trading on the Nasdaq. But the two trends appear to move similarly, as seen in the chart below Last Friday, Hayden Capital disclosed to investors that the firm opened a position in Coinbase as crypto hits the mainstream. Most crypto-related exchange/platform stocks, including$NET SAVINGS LINK INC (NSAV.US)$-6.8%,$Robinhood (HOOD.US)$-4%, Plus500 (OTC:PLSQF) -2%,$BIGG DIGITAL ASSETS INC (BBKCF.US)$-8.5% fall on Monday amid Bitcoin's continued weakness. Previously, (Nov. 10) Coinbase shares fell on disappointing Q3.
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Austin ONeill
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the more volatility in crypto prices (up **OR** down) the more coinbase makes
I'm currently getting ready to dig into the #BTCcorrelation material to share with those friends who where curious about the topic (myself included). But I have 3 tickers with big upside (don't they all, lol) especially if$Bitcoin (BTC.CC)$and BLOCKCHAIN continue to move higher. I am not sharing any personal analysis right now, and I'm unsure where your buy in should be, atm. I do know, in general, these stocks are 3 to 5x under their previous ath. So just take a look and we can add combined due diligence in comments below. #TEAMWORKMAKESTHEDREAMWORK!!! #1.) ...
Austin ONeill : the more volatility in crypto prices (up **OR** down) the more coinbase makes
Wyatt lincoln : Now virtual coins are worth only $2T. So cheap![joy 😂](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f602.png)
Sacai Luis Wyatt lincoln : Yeah, and the dollar is like 30 percent![rolling_on_the_floor_laughing 🤣](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f923.png)
Rann New : Maybe everyone sold COIN and bought RIVN. Bad idea. I just bought more Steel stocks best idea.
sPhCqxPcWZ : Cathy would buy more here, right? LoL
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