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Coinbase Stock: Bull vs. Bear


Mainstream cryptocurrency exchange Coinbase Global (NASDAQ: COIN) is the largest and best-known marketplace. Over 73 million verified users and some 10,000 institutions use its platform for investing in and holding around 120 different cryptocurrencies.

The popular, easy-to-use interface has seen assets soar to $255 billion at the end of the third quarter, a seven-fold increase from the $36 billion it had one year ago. Despite the stellar gains, its stock hasn't been quite a star performer, with shares down about 20% from their debut via a direct listing in April.

Image source: Getty Images.

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Source Fool.com

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