October turned a slow year for crypto into a rout for one major crypto exchange. Coinbase Global (NASDAQ:COIN | COIN Price Prediction) stock is down 26% in October to $138.07, from a September 30 close of $186.

A record-breaking heist at Binance sent shockwaves through crypto markets overnight, and Coinbase's latest earnings report gave investors little shelter from the storm. How these two blows land together could determine whether crypto stocks find a floor or keep sliding.

Armstrong's plan covers about 60% of the 13.6 million shares, with the others being president Emilie Choi and board member Frederick Ehrsam.

Coinbase reported $719 million in third-quarter profit, yet five banks cut targets. Here is what drove the profit and the cuts.

Coinbase posted $719 million in Q3 profit despite an 8% drop in spot trading volume and a 44% annual decline in transaction revenue.

(Corrects to remove reference to Coinbase's headquarters in paragraph 15 of October 29) By Rishab Shaju and Prakhar Srivastava Oct 29 (Reuters) - Cryptocurrency exchange Coinbase Global returned to profitability on Thursday after three consecutive quarters of losses,

Coinbase Q3 2026 earnings show $719 million profit, prediction markets topping $200 million annualized revenue and record Coinbase One subscribers as revenue falls.

Coinbase Global Inc (NASDAQ:COIN) shares fell 11.1% after the cryptocurrency exchange reported third-quarter results that narrowly missed revenue expectations, despite beating profit estimates, as a security breach at Binance added pressure across crypto-related stocks.

Coinbase NASDAQ:COIN shares fell to their lowest level in more than two years on Friday as Wall Street analysts lowered price targets following the cryptocurrency exchange's third-quarter results. A broader sell-off in digital assets and concerns surrounding a reported $6.3 billion Binance hack added to the pressure on crypto-related stocks.

Coinbase (COIN) stock closed near $162 ahead of Q3 earnings Thursday. Analysts expect a 23 cent loss on $1.21B revenue. See what Rosenblatt and others say.

Key TakeawaysCanaccord Genuity cut its Coinbase price target to $275 from $300 on Oct. 30 but kept its Buy rating.