To sell or not to sell? 🤔While ARK Invest continues to hold COIN shares, some senior Coinbase execs have been selling.
Despite the Coinbase cryptocurrency exchange facing a securities violation lawsuit in the United States, the company’s stock has been on the rise recently.
Coinbase stock has added more than 50% to its value since the U.S. Securities and Exchange Commission According to data from TradingView, Coinbase shares surged 51%, from around $52 on June 6 to $78.7 on July 7. The stock is also up around 133% over the past six months, while year-to-year growth is roughly 50%.Amid significant growth, some major COIN holders have continued selling some of their Coinbase stock., sold a combined total of 88,058 COIN stocks, worth about $6.9 million.
While Coinbase executives have been selling their COIN batch on a regular basis, some major COIN holders have continued to hodl.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase was aware of securities law violations, the SEC claims in letterAccording to the SEC, Coinbase openly informed its shareholders about the possibility that federal securities laws would apply to its operations.
Read more »
SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine – Bitcoin NewsThe SEC reaffirms the jurisdiction over securities cases, stating that this legal action against Coinbase is part of the 'exercise of its longstanding authority to enforce statutory requirements.''
Read more »
XRP grows strong in Q2 despite SEC lawsuit concerns, Messari reportXRP shows growth amid SEC concerns: Market cap rises 42.5% YTD, NFT transactions increase 12.7% QoQ. XRPL achieves milestones in address count and revenue. Efforts in utility adoption and innovation drive XRP's potential for long-term growth.
Read more »
How to get a Walmart Plus membership for 50% off before next week’s huge saleDoes Walmart have membership discounts? Walmart has slashed the price of its Walmart+ memberships by 50% off just as its massive 'Walmart Plus Week' sale approaches.
Read more »
CATL Says It Has Managed To Drastically Cut Charging Time Of EV Batteries In Cold Weather | CarscoopsCATL says its newly-developed electrolyte improves charging effiency by 50% in cold conditions car auto cars
Read more »
Charles Manson follower could be released from prison after 50+ yearsCalifornia's governor won't challenge an appellate court’s decision to allow parole for Leslie Van Houten.
Read more »