Coinbase (NASDAQ: COIN), a leading cryptocurrency exchange, has secured regulatory approval to launch its operations in Argentina, a nation grappling with economic instability and inflation.
Coinbase Global has been volatile during the past three months but the stock has given good returns to investors as Bitcoin and other cryptocurrencies have witnessed a strong rally.
Coinbase Global stock opened the trading session at $316.90 and touched an intraday high at $326.3. The stock was trading around $315 levels at the market close.
Markets turned bearish on cryptocurrency related stocks on Monday with Coinbase Global, Robinhood Markets, Marathon Holdings and MicroStrategy Incorporated facing selling pressure.
