VanEck head of digital assets research Matthew Sigel says that S&P Global "snubbed" crypto companies in its latest update of the S&P 500 index.
Major crypto companies like Coinbase, Strategy, and Bitcoin miner MARA are also feeling the pain as stock market indices show red Monday.
Tesla stock declines with shares of the electric-vehicle maker down for the past seven weeks, Redfin agrees to be acquired by Rocket Cos., and crypto-linked stocks such as MicroStrategy fall on continued disappointment over how a strategic Bitcoin reserve is being capitalized.
Explore how Coinbase and MicroStrategy have positioned themselves in the cryptocurrency ecosystem and what their stock performance reveals about Bitcoin's growing influence in traditional markets.​
Bitcoin was supposed to boom under a crypto-friendly Trump administration, but prices have tumbled 25% since hitting an all-time high on Inauguration Day. The largest cryptocurrency slid to about $79,
The three stocks in this video, Robinhood, Coinbase, and MicroStrategy, all look soft in the early trading hours of Monday, as the crypto market continues to see a lot of selling pressures, and this of course has a bit of a “knock on effect.
President Trump’s first White House Crypto Summit is underway, featuring top industry leaders including Coinbase CEO Brian Armstrong, Kraken CEO Arjun Sethi, MicroStrategy’s Michael Saylor, and Robinhood’s Vlad Tenev.
Coinbase is ramping up hiring in the United States, and CEO Brian Armstrong credits Donald Trump’s pro-crypto stance for the move.
U.S. President Donald Trump hosted a landmark summit at the White House to discuss a strategic government-owned stockpile of digital assets. Key figures from the cryptocurrency industry attended, including executives from MicroStrategy,
In her letter David Sacks, Warren raised questions about the tokens included in Trump’s strategic cryptocurrency reserve plans and Sacks’ “history of crypto investments.”