Latest news with #CryptoWendyO
Yahoo
4 days ago
- Business
- Yahoo
Newly added S&P 500 crypto stock hits record high after breakout move
Newly added S&P 500 crypto stock hits record high after breakout move originally appeared on TheStreet. Coinbase (COIN) surged to a new all-time high of $394.01 on Tuesday, rising 15.21% and pushing its market capitalization past the $100 billion mark. The rally marks a full recovery from its previous peak of $342 set on Nov. 13, 2021. Fueling the breakout are renewed inflows into crypto assets, Bitcoin's climb beyond $123,000, and increased institutional engagement in the digital asset space. Coinbase (COIN) reached an intraday high of $398.50 and closed the day at $394.01, for a new all-time closing high. This milestone comes just 2 months after Coinbase was added to the S&P 500 Index in May 2025. On May 12, it was announced that Coinbase would be added to the S&P 500 index on May 19. This news helped COIN shares soar by 8%, as investors applauded the inclusion of a significant digital asset platform into the benchmark U.S. index. Join the discussion with CryptoWendyO on. On June 26, COIN shares reached a new all-time high of $381.35 after the company. During the same time, the company announced the launch of a substantial new product offering. Investors were excited about Coinbase's new perpetual-style futures contracts, which would become available to Traditionally, futures are derivatives that have an expiration date. However, unlike traditional futures, perpetual contracts do not expire, allowing investors to maintain continuous exposure to underlying price movements. Coinbase also shared plans to launch nano Bitcoin (0.01 BTC) and nano Ethereum (0.10 ETH) perpetual futures contracts on July 21, with spot prices and leveraged trading options. Coinbase has also garnered strong support from some of the biggest names in the crypto industry such as Cathie Wood. Join the discussion with Scott Melker on. Meanwhile, Cantor Fitzgerald increased its 12-month price target on COIN by 15% to $292, further evidence that institutions are bullish about the exchange's growth potential. Newly added S&P 500 crypto stock hits record high after breakout move first appeared on TheStreet on Jul 15, 2025 This story was originally reported by TheStreet on Jul 15, 2025, where it first appeared.
Yahoo
6 days ago
- Business
- Yahoo
Newly added S&P 500 crypto stock hits record high after breakout move
Newly added S&P 500 crypto stock hits record high after breakout move originally appeared on TheStreet. Coinbase (COIN) surged to a new all-time high of $394.01 on Tuesday, rising 15.21% and pushing its market capitalization past the $100 billion mark. The rally marks a full recovery from its previous peak of $342 set on Nov. 13, 2021. Fueling the breakout are renewed inflows into crypto assets, Bitcoin's climb beyond $123,000, and increased institutional engagement in the digital asset space. Coinbase (COIN) reached an intraday high of $398.50 and closed the day at $394.01, for a new all-time closing high. This milestone comes just 2 months after Coinbase was added to the S&P 500 Index in May 2025. On May 12, it was announced that Coinbase would be added to the S&P 500 index on May 19. This news helped COIN shares soar by 8%, as investors applauded the inclusion of a significant digital asset platform into the benchmark U.S. index. Join the discussion with CryptoWendyO on. On June 26, COIN shares reached a new all-time high of $381.35 after the company. During the same time, the company announced the launch of a substantial new product offering. Investors were excited about Coinbase's new perpetual-style futures contracts, which would become available to Traditionally, futures are derivatives that have an expiration date. However, unlike traditional futures, perpetual contracts do not expire, allowing investors to maintain continuous exposure to underlying price movements. Coinbase also shared plans to launch nano Bitcoin (0.01 BTC) and nano Ethereum (0.10 ETH) perpetual futures contracts on July 21, with spot prices and leveraged trading options. Coinbase has also garnered strong support from some of the biggest names in the crypto industry such as Cathie Wood. Join the discussion with Scott Melker on. Meanwhile, Cantor Fitzgerald increased its 12-month price target on COIN by 15% to $292, further evidence that institutions are bullish about the exchange's growth potential. Newly added S&P 500 crypto stock hits record high after breakout move first appeared on TheStreet on Jul 15, 2025 This story was originally reported by TheStreet on Jul 15, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-06-2025
- Business
- Yahoo
Jack Dorsey has a savage response to shocking Bitcoin wallet plan
Jack Dorsey has a savage response to shocking Bitcoin wallet plan originally appeared on TheStreet. Twitter co-founder Jack Dorsey is among the most prominent Bitcoin advocates in the fintech industry. While he was at the helm of the social media giant, he founded Block, Inc. (NYSE:XYZ) in 2009. Block, earlier known as Square, is a technology and financial services company that has integrated Bitcoin into several of its products. In December 2023, Block launched a self-custody Bitcoin wallet called Bitkey. A self-custody crypto wallet gives users complete control over their digital assets. No centralized crypto exchange or third-party company stores your assets on their servers. Instead, you are responsible for the safety of your digital assets on a self-custody wallet. Join the discussion with CryptoWendyO on. Available in more than 95 countries, you could purchase Bitkey with credit cards or Block's Cash App wallet. On 28 June, the wallet provider unveiled a new payment option: Bitcoin. It was rather odd that one couldn't pay with Bitcoin to purchase a crypto self-custody wallet, but now it's very much possible. Dorsey was quick to share the notification regarding the revamp with his X followers, "buy bitkey with bitcoin." Dorsey is an enthusiastic supporter of Bitcoin payments. In fact, he remarked back in 2021 that if he weren't working at Twitter and Square, he would be working on Bitcoin. Like most Bitcoin maximalists, the billionaire entrepreneur is bullish on the king coin. In May 2024, he predicted its price will hit $1 million and its market value will exceed $20 trillion by 2030. However, Dorsey has cautioned the Bitcoin community that the asset needs to transform itself from just a store of value to a tool of real use cases, or else it could become irrelevant. As per Kraken's price feed, Bitcoin was trading at $107,490.20 at press time. Jack Dorsey has a savage response to shocking Bitcoin wallet plan first appeared on TheStreet on Jun 29, 2025 This story was originally reported by TheStreet on Jun 29, 2025, where it first appeared. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-06-2025
- Business
- Yahoo
Jack Dorsey has a savage response to shocking Bitcoin wallet plan
Jack Dorsey has a savage response to shocking Bitcoin wallet plan originally appeared on TheStreet. Twitter co-founder Jack Dorsey is among the most prominent Bitcoin advocates in the fintech industry. While he was at the helm of the social media giant, he founded Block, Inc. (NYSE:XYZ) in 2009. Block, earlier known as Square, is a technology and financial services company that has integrated Bitcoin into several of its products. In December 2023, Block launched a self-custody Bitcoin wallet called Bitkey. A self-custody crypto wallet gives users complete control over their digital assets. No centralized crypto exchange or third-party company stores your assets on their servers. Instead, you are responsible for the safety of your digital assets on a self-custody wallet. Join the discussion with CryptoWendyO on. Available in more than 95 countries, you could purchase Bitkey with credit cards or Block's Cash App wallet. On 28 June, the wallet provider unveiled a new payment option: Bitcoin. It was rather odd that one couldn't pay with Bitcoin to purchase a crypto self-custody wallet, but now it's very much possible. Dorsey was quick to share the notification regarding the revamp with his X followers, "buy bitkey with bitcoin." Dorsey is an enthusiastic supporter of Bitcoin payments. In fact, he remarked back in 2021 that if he weren't working at Twitter and Square, he would be working on Bitcoin. Like most Bitcoin maximalists, the billionaire entrepreneur is bullish on the king coin. In May 2024, he predicted its price will hit $1 million and its market value will exceed $20 trillion by 2030. However, Dorsey has cautioned the Bitcoin community that the asset needs to transform itself from just a store of value to a tool of real use cases, or else it could become irrelevant. As per Kraken's price feed, Bitcoin was trading at $107,490.20 at press time. Jack Dorsey has a savage response to shocking Bitcoin wallet plan first appeared on TheStreet on Jun 29, 2025 This story was originally reported by TheStreet on Jun 29, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
