{"id":86654,"date":"2023-12-01T02:20:53","date_gmt":"2023-12-01T07:20:53","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86654"},"modified":"2023-12-01T02:00:53","modified_gmt":"2023-12-01T07:00:53","slug":"coinbase-rallies-more-than-60-in-same-month-that-ftx-and-binance-founders-brace-for-prison","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2023\/coinbase-rallies-more-than-60-in-same-month-that-ftx-and-binance-founders-brace-for-prison.html","title":{"rendered":"Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison"},"content":{"rendered":"\n<p>(CNBC)In a month that saw two of the crypto industry\u2019s leading figures headed on the path to prison, <a href=\"https:\/\/www.cnbc.com\/quotes\/COIN\/\">Coinbase<\/a> shares rocketed more than 60%, their second-best monthly performance since the cryptocurrency exchange <a href=\"https:\/\/www.cnbc.com\/2021\/04\/14\/coinbase-to-debut-on-nasdaq-in-direct-listing.html\">went public<\/a> in 2021. Bolstered by rallies in <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CB=\/\">bitcoin<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/ETH=\/\">ether<\/a> as well as crises at key competitors, Coinbase has been one of Wall Street\u2019s best bets all year, climbing more than <strong>250% <\/strong>in the first 11 months of 2023.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/11\/30\/coinbase-jumps-in-november-as-ftx-binance-founders-brace-for-prison.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC)In a month that saw two of the crypto industry\u2019s leading figures headed on the path to prison, Coinbase shares rocketed more than 60%, their second-best monthly performance since the cryptocurrency exchange went public in 2021. Bolstered by rallies in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86654","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86654"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86654\/revisions"}],"predecessor-version":[{"id":86655,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86654\/revisions\/86655"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}