StockNews.AI
COIN
benzinga.com
294 days

Fred Thiel Celebrates As Soaring Bitcoin Sends Marathon Holdings' Market Cap To A Record High: 'Must Be Something Still To Come To Top Off MARA's 2024…Or?' - Coinbase Glb (NASDAQ:COIN)

1. MARA's market cap reached $9.03 billion amid Bitcoin's rise. 2. Coinbase's market cap is currently $80.87 billion. 3. MARA expanded Bitcoin holdings by $1 billion, adding 703 Bitcoins. 4. MARA's hash rate is nearing 50 EH/s, signaling strong mining performance. 5. The broader market reflects challenges, with stocks affected by Bitcoin price decline.

5m saved
Insight
Article

FAQ

Why Neutral?

Coinbase's performance is tied to Bitcoin's volatility, showing mixed market reactions.

How important is it?

Market developments in Bitcoin mining affect the crypto-related market, including COIN.

Why Short Term?

Immediate fluctuations in Bitcoin price may indirectly influence COIN's short-term performance.

Related Companies

Related News