Coinbase Launches Coin50 Index as Crypto’s S&P 500

November 13, 2024

Catenaa, Wednesday, November 13, 2024-Coinbase yesterday unveiled the Coinbase 50 Index (Coin50), a new market index that offers a broader perspective on the crypto industry, similar to the S&P 500’s role in traditional equity markets. Coin50 aims to provide investors and analysts with a more inclusive benchmark that captures the performance of the top 50 […]

Coinbase Stock Soars Amid Trump Victory, ETF Leaps 62%

November 11, 2024

New York, Sunday, November 10, 2024-Coinbase’s stock surged more than 30% on November 6, following Donald Trump’s election victory, closing at year-to-date highs. The massive rally was mirrored by the GraniteShares 2x Long COIN Daily ETF, which rocketed 62%—potentially a record one-day return for an ETF, according to Bloomberg analyst Eric Balchunas. Leveraged ETFs, designed […]

SHIB Price Soars as Shiba Inu’s SNS Countdown Sparks Surge

November 18, 2023

November 6, 2023: The price of Shiba Inu (SHIB), a popular meme cryptocurrency, has been on the rise in recent days, coinciding with the Shiba Inu team’s initiation of a countdown for a mysterious project called “Identity.” The Shiba Inu team began teasing the Identity project in September 2023, releasing cryptic messages and symbols that […]