Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher Monday amid a rise in the price of Bitcoin. Here's a look at what's going on.
The Details:
According to data from Benzinga Pro, Bitcoin is trading at $72,112.45, up nearly 4% over the past 24 hours.
Coinbase announced last Thursday that it had been registered as a Restricted Dealer by the Canadian Securities Administrators (CSA), making Coinbase the first international and largest cryptocurrency exchange to be registered in Canada.
Oppenheimer analyst Owen Lau maintained Coinbase with an Outperform and raised the price target from ...