Coinbase Stock Is Down. A New Crypto-Trading Rival May Be About to Emerge.
Coinbase Global stock fell on Thursday in the face of recent gains in prices, which tend to lead shares of the cryptocurrency broker higher. CME Group the Chicago-based trading firm, plans to launch spot Bitcoin trading amid interest from Wall Street money managers, the Financial Times reported on Thursday, citing anonymous sources. Coinbase stock fell 9.4% on Thursday.