Coinbase’s stock increases after Fed hikes interest rate

On Thursday, Coinbase (COIN) shares soared more than 20%, following the Federal Reserve’s recent rate hike and Fed Jerome Powell’s declaration of progress in fighting inflation. On Wednesday, Coinbase was granted a dismissal of the proposed class-action lawsuit by customers who accused them of selling unregistered securities. This resulted in their stock price surging more … Coinbase’s stock increases after Fed hikes interest rate Read More »