Loop Capital s Kourtney Gibson Adds To Her Coinbase Position
Coinbase Global Inc (NASDAQ:COIN).
Investing in Coinbase is a good way to diversify from
Bitcoin (CRYPTO: BTC) and capitalize on all of the trading that occurs in the crypto space, she said.
Gibson told CNBC that she doesn’t own Bitcoin, but from what she has seen in terms of institutional adoption, Bitcoin should have a positive impact on Coinbase moving forward.
Earnings Preview: Coinbase released estimated first-quarter results and a full year 2021 outlook on April 6 before it went public via a direct listing on April 14. The company said it expects to have 56 million verified users and revenue of approximately $1.8 billion.
Dan Ives, managing director of Equity Research at Wedbush Securities, breaks down what he sees for Tesla ahead of earnings Monday afternoon. For Tesla, the success continues to be not just Model 3, Model Y and others but I think what you re seeing on this is just the technology that continues to come out of Fremont [California] and Giga that s really changing the industry but they have to continue to make sure that they re courting all their customers, even though the masses continue to be focused on Model 3, Y, and of course the drumroll to the Cybertruck. … This is just this next step in the stock going toward $1,000 because . it s a green tidal wave.
Coinbase Global Inc (NASDAQ:COIN) last week, she said Monday on CNBC s Squawk Box.
Gibson is not an investor in
Bitcoin (CRYPTO: BTC), she said, but when Coinbase dropped to $284 last week, she bought shares of the cryptocurrency exchange.
Gibson likes the ability to play the growth of Bitcoin via an exchange like Coinbase, she told CNBC.
What Happened: Coinbase went public on the Nasdaq on April 14 via direct listing. Shares of the popular cryptocurrency exchange closed at $328 after trading as high as $429 in the first day of trading. Since its direct listing, Coinbase shares have traded as low as $282.
Share this article
CHICAGO, April 20, 2021 /PRNewswire/ Leading youth development nonprofit
Chicago Scholars is proud to announce Jeffery Beckham, Jr. as its new CEO. Following his leadership as Interim CEO since December 2020 and previous role as VP of Partnerships, Beckham will continue to empower Chicago s academically ambitious first-generation and low-income students in his new role as the organization celebrates its 25th anniversary this year. After an executive search for the position conducted by Koya Partners, the Chicago Scholars Board of Directors unanimously selected Beckham for the role.
Leading the next chapter of Chicago Scholars as it enters its 25th year, Beckham plans to continue expanding its reach to ensure college education is accessible for all Chicago students.
Sponsored Story
By Staff March 16, 2021 2:50 pm
Asher Nathaniel Gibson’s physical presence on the planet was ephemeral yet he left a forever hand-print on the heart of his family, and the non-profit organization founded in his name gives him a lasting legacy.
Asher’s Answer was established by his parents, Courtney and Rashad Gibson, with assistance from Courtney’s mother and a family friend, shortly after Asher’s death last August 29. He was only two months old. Asher was diagnosed with Trisomy 18, a rare genetic condition, also known as Edward’s Syndrome, which can cause abnormalities in various parts of the body and life-threatening medical issues. Asher was born with significant heart defects that prevented him from breathing on his own. He died shortly after undergoing heart surgery.