Coinbase Our Take Coinbase is a popular cryptocurrency exchange that allows anyone with an account to buy, sell, and exchange cryptocurrency. It makes buying crypto straightforward but is known ...

The move: Coinbase slumped as much as 10% on Monday, falling to $197.61 per share. The stock is now down 20% for the year. Why: Last week's White House Crypto Summit failed to shore up price support.

Surging cryptocurrency prices drove a dramatic improvement in Coinbase’s COIN results, with total revenue up 138% from last year to $2.3 billion. Net income increased to $1.3 billion from $273 ...