Coinbase inventory surges after favorable federal ruling for Grayscale

Coinbase (NASDAQ:)’s inventory skilled a big surge on Aug. 29 after reviews emerged {that a} federal decide had dominated in favor of Grayscale of their SEC authorized dispute.

Within the ultimate moments of the buying and selling session on Tuesday, Aug.29, the worth of COIN stood at $85.13 per share, marking a rise of over 15% over the day before today’s shut. Coinbase, the most important cryptocurrency trade in america, has been publicly listed on the Nasdaq since 2021.

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