Reported about 23 hours ago
Coinbase shares are experiencing significant growth following the SEC's decision to dismiss a lawsuit which alleged that the company operated an unregulated securities exchange. The dismissal is seen as a positive development for the crypto industry, leading to a rise in Coinbase stock, which had already benefitted from Bitcoin's increase. Despite some previous volatility, analyst forecasts suggest a strong earnings report ahead, enhancing Coinbase's ‘Strong Buy’ rating.
Source: YAHOO